Last verified 2026-10-01

Georgia ERS — assets, returns and funding

Q: How much does Georgia ERS have in assets?

Georgia ERS reported $18.6bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.

Q: What return did Georgia ERS make on its investments?

Georgia ERS reported a 12.0% one-year investment return for fiscal year 2025, and 8.6% a year over the past ten years, per the Public Plans Database.

Q: Is Georgia ERS fully funded?

Georgia ERS was 75.9% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).

Q: How is Georgia ERS's money invested?

Georgia ERS held 62.8% of its assets in public equities and 34.3% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).

Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge

Newest reported year for this plan: fiscal year 2025 — public plans publish audited figures 6–12 months after year end, and the database compiles them in batches, so this is the current public record, not a stale copy.

Georgia ERS (Georgia) reported $18.6bn of assets for fiscal year 2025, a one-year investment return of 12.0%, and was 75.9% funded — below the ~80% mark the industry reads as sound.

Total assets (FY 2025)	$18.6bn
1-year return	12.0%
5-year return (annualised)	10.2%
10-year return (annualised)	8.6%
Funded ratio (GASB)	75.9%

How the money is invested (asset allocation)

Georgia ERS held 62.8% of its assets in public equities and 34.3% in fixed income (bonds) for fiscal year 2025 — the largest of 5 sleeves it reports, with the rest below:

Public equities	62.8%
Fixed income (bonds)	34.3%
Private equity	2.8%
Real estate	0.1%
Hedge funds	0.0%

The plans most worth reading Georgia ERS against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:

Plan	Assets	1-yr return	Funded ratio	Why comparable
Georgia Teachers	$116.8bn	12.2%	77.9%	Same state — Georgia
Atlanta (GA) ERS	$1.8bn	9.7%	69.2%	Same state — Georgia
Atlanta (GA) Police	$1.5bn	11.2%	80.2%	Same state — Georgia
Georgia Fire	$1.4bn	11.7%	86.7%	Same state — Georgia
Georgia Public Schools	$1.3bn	11.9%	85.6%	Same state — Georgia
Atlanta (GA) Fire	$873m	11.3%	68.5%	Same state — Georgia

Questions this page answers

How much does Georgia ERS have in assets?

Georgia ERS reported $18.6bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.

What return did Georgia ERS make on its investments?

Georgia ERS reported a 12.0% one-year investment return for fiscal year 2025, and 8.6% a year over the past ten years, per the Public Plans Database.

Is Georgia ERS fully funded?

Georgia ERS was 75.9% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).

How is Georgia ERS's money invested?

Georgia ERS held 62.8% of its assets in public equities and 34.3% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).

Figures as reported for fiscal year 2025 · Data: Public Plans Database (Center for Retirement Research at Boston College / MissionSquare Research Institute / NASRA) — used with attribution under its non-commercial terms · Refresh: quarterly pull, annual figures · Limitations: public plans report with a lag — FY figures arrive months after year end; returns are as reported by the plan, net/gross basis varies by plan

See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.