NASRA (2024)

Quarterly Update (Q12024)

The Federal Reserve publishes data on state and local defined benefit assets on a quarterly basis. As of the first quarter of 2024(March 31st), aggregate public pension assets were$6.09 trillion, an increase of 3.0 percentfrom the $5.91trillion reported for the prior quarter.This value is higher than the same quarter one year ago by some $509 billion, or 9.1percent.

This value is subject to revision in future reports. The next release is scheduled for September 2024.

Quarterly Change in State & Local Defined Benefit Assets, 2003-2024

Annual Update

The Federal Reserve reported in March 2024that the combined value of defined benefit plan assets held by state and local governments as of Q4 2023increased by 10.5percent, to $5.99trillion, from $5.43trillion as of Q4 2022.

Annual Change in State & Local Defined Benefit Assets, 2003-2023