There are 45 states that improved their funded status from 2025 to 2026; and
there are now seven states with at least 100% aggregate funded ratio
2026 Estimated Funded Ratios by State
AL
AK
AZ
AR
CA
CO
FL
GA
HI
ID
IL
IN
IA
KS
KY
LA
ME
MI
MN
MS
MO
MT
NE
NV
NM
NY
NC
ND
OH
OK
OR
PA
SC
SD
TN
TX
UT
VA
WA
WV
WI
WY
Northeast states shown separately
VT
NH
MA
RI
CT
NJ
DE
MD
DC
90 - 100%
80 - 90%
70 - 80%
60 - 70%
Less than 60%
Source: Equable Institute analysis of public plan valuation reports and ACFRs. See methodology appendix for details on 2026 estimate.
Download the data here.