PENSION LIABILITY Teacher Retirement System as of June 30, 2005 = $182 Billion
$182 Billion or an Average of $4.6 Billion per Year for the Next 39 Years
Data From “PROJECTED EMPLOYER CONTRIBUTION TO TRUST RESERVE”
Buck Consultants LLC, Consulting Actuaries, Teacher Retirement System
| 2046 |
4,054,983,387 |
$4,054,983,387 |
| 2045 |
9,508,759,073 |
$13,563,742,460 |
| 2044 |
9,074,891,499 |
$22,638,633,959 |
| 2043 |
8,662,118,733 |
$31,300,752,692 |
| 2042 |
8,273,724,623 |
$39,574,477,315 |
| 2041 |
7,904,045,766 |
$47,478,523,081 |
| 2040 |
7,553,441,069 |
$55,031,964,150 |
| 2039 |
7,218,032,441 |
$62,249,996,591 |
| 2038 |
6,910,665,123 |
$69,160,661,714 |
| 2037 |
6,637,635,798 |
$75,798,297,512 |
| 2036 |
6,368,180,828 |
$82,166,478,340 |
| 2035 |
6,094,499,097 |
$88,260,977,437 |
| 2034 |
5,816,561,794 |
$94,077,539,231 |
| 2033 |
5,562,096,915 |
$99,639,636,146 |
| 2032 |
5,328,361,899 |
$104,967,998,045 |
| 2031 |
5,100,992,299 |
$110,068,990,344 |
| 2030 |
4,874,834,141 |
$114,943,824,485 |
| 2029 |
4,657,035,830 |
$119,600,860,315 |
| 2028 |
4,455,296,778 |
$124,056,157,093 |
| 2027 |
4,262,437,918 |
$128,318,595,011 |
| 2026 |
4,071,587,880 |
$132,390,182,891 |
| 2025 |
3,887,022,509 |
$136,277,205,400 |
| 2024 |
3,708,242,912 |
$139,985,448,312 |
| 2023 |
3,542,687,626 |
$143,528,135,938 |
| 2022 |
3,386,828,155 |
$146,914,964,093 |
| 2021 |
3,240,464,563 |
$150,155,428,656 |
| 2020 |
3,103,424,173 |
$153,258,852,829 |
| 2019 |
2,976,029,618 |
$156,234,882,447 |
| 2018 |
2,854,761,658 |
$159,089,644,105 |
| 2017 |
2,740,318,587 |
$161,829,962,692 |
| 2016 |
2,633,515,412 |
$164,463,478,104 |
| 2015 |
2,535,817,139 |
$166,999,295,243 |
| 2014 |
2,443,504,829 |
$169,442,800,072 |
| 2013 |
2,357,096,001 |
$171,799,896,073 |
| 2012 |
2,259,854,697 |
$174,059,750,770 |
| 2011 |
2,188,023,448 |
$176,247,774,218 |
| 2010 |
2,093,661,840 |
$178,341,436,058 |
| 2009 |
1,671,278,561 |
$180,012,714,619 |
| 2008 |
1,265,188,750 |
$181,277,903,369 |
| 2007 |
1,002,583,775 |
$182,280,487,144 |
Bill Zettler is a free-lance writer and consultant specializing in public sector compensation. He can be contacted at this email address.
