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  • Executive Summary
  • Who Responded
  • Funding & Funded Ratio
  • Investments & Returns
  • Asset Allocation Detail
  • Contributions & COLA
  • Plan Expenses
  • Practices & Priorities
  • Methodology & Appendix
Executive Summary
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PRS Study · 2026

2026 Public Retirement Systems Study

Prepared for the Board of Trustees

01

Executive Summary

Funded ratios continued their multi-year recovery, reaching a 7-year high of 80.2%. Investment returns moderated from 2024 highs, with median 1-year returns of 11.2%. Contribution discipline remained strong, with 71% of plans receiving the full ADC.

02

Who Responded

03

Funding & Funded Ratio

04

Investments & Returns

05

Asset Allocation Detail

06

Contributions & COLA

07

Practices & Priorities

Prepared with POC1-NCPERSPage 1