Tennessee Consolidated Retirement System
public plan · State of Tennessee · Knoxville, TN
Funding History
What This Means for You
Tennessee Consolidated Retirement System is in good financial health at 95% funded. This means for every dollar the plan owes in future benefits, it has 95 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $50.1B | $52.8B | 94.9% | $1.4B |
| 2024 | $47.9B | $50.4B | 94.9% | $1.5B |
| 2023 | $45.4B | $49.1B | 92.4% | $1.4B |
| 2022 | $43.2B | $44.5B | 96.9% | $1.5B |
| 2021 | $41.9B | $42.4B | 98.9% | $1.8B |
Frequently Asked Questions
Tennessee Consolidated Retirement System is 95% funded, meaning it has 95 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Tennessee Consolidated Retirement System has 360,530 total participants, including 194,278 active employees and 166,252 retirees currently receiving benefits.
Tennessee Consolidated 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.