North Dakota Public Employees Retirement System
public plan · State of North Dakota · Fargo, ND
Funding History
What This Means for You
North Dakota Public Employees Retirement System is 65% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.3B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.2B | $6.4B | 64.7% | $258.5M |
| 2024 | $4.0B | $6.2B | 65.1% | $343.7M |
| 2023 | $3.8B | $5.9B | 64.3% | $306.8M |
| 2022 | $3.6B | $5.4B | 68.1% | $370.3M |
| 2021 | $3.7B | $5.8B | 63.5% | $368.8M |
Frequently Asked Questions
North Dakota Public Employees Retirement System is 65% funded, meaning it has 65 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
North Dakota Public Employees Retirement System has 46,291 total participants, including 24,447 active employees and 21,844 retirees currently receiving benefits.
North Dakota Public Employees Retirement System is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.