National Association of State Retirement Administrators

Public Pension Assets

Quarterly Update (Q2 2021)

The Federal Reserve publishes data on state and local defined benefit assets on a quarterly basis. As of the second quarter of 2021 (June 30th), public pension assets were a reported record $5.51 trillion, an increase of approximately 5.3 percent, from $5.23 trillion as reported for the prior quarter and higher than the same quarter one year ago by some $993 billion, or 22.0 percent. 

The next release is scheduled for December 2021.

Quarterly Change in State & Local Defined Benefit Assets, 2003-2021 

Annual Update

The Federal Reserve reported in March 2021 that the combined value of defined benefit plan assets held by state and local governments as of Q4 2020 increased by 9.1 percent, to $5.08 trillion, from $4.65 trillion as of Q4 2019.

Annual Change in State & Local Defined Benefit Assets, 2003-2020