Pension Reform Assessment

The Funded Ratios had dropped below 50% 100% Funded Ratio 90% 81.6% 80% 77.9% 71.7% 80.6% 70% 77.4% 64.5% 61.8% 73.2% 59.6% 56.3% 57.5% 59.0% 60% 64.2% 54.6% 59.3% 60.3% 55.4% 48.4% 50% 55.4% 52.7% 58.1% 48.4% 40% T T GRS 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 ―State Employees Teachers 4

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