Pennsylvania Municipal — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Pennsylvania Municipal (Pennsylvania) reported $4.0bn of assets for fiscal year 2025, a one-year investment return of 14.1%, and was 101.7% funded — at or above the 100% fully-funded mark.
| Total assets (FY 2025) | $4.0bn |
| 1-year return | 14.1% |
| 5-year return (annualised) | 6.4% |
| 10-year return (annualised) | 8.6% |
| Funded ratio (GASB) | 101.7% |
How the money is invested (asset allocation)
Pennsylvania Municipal held 58.3% of its assets in public equities and 27.8% in fixed income (bonds) for fiscal year 2025 — the largest of 6 sleeves it reports, with the rest below:
| Public equities | 58.3% |
| Fixed income (bonds) | 27.8% |
| Commodities | 12.1% |
| Cash | 1.8% |
| Private equity | 0.0% |
| Hedge funds | 0.0% |
Compare Pennsylvania Municipal with similar plans
The plans most worth reading Pennsylvania Municipal 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 |
|---|---|---|---|---|
| Pennsylvania School Employees | $82.6bn | 9.7% | 66.6% | Same state — Pennsylvania |
| Pennsylvania State ERS | $42.6bn | 13.7% | 71.7% | Same state — Pennsylvania |
| Philadelphia (PA) Municipal | $9.5bn | 12.8% | 65.4% | Same state — Pennsylvania |
| Pittsburgh (PA) Fire | $386m | 11.8% | — | Same state — Pennsylvania |
| Pittsburgh (PA) Police | $369m | 10.4% | 69.9% | Same state — Pennsylvania |
| Pittsburgh (PA) Municipal | $343m | 10.4% | 98.6% | Same state — Pennsylvania |
Questions this page answers
How much does Pennsylvania Municipal have in assets?
Pennsylvania Municipal reported $4.0bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Pennsylvania Municipal make on its investments?
Pennsylvania Municipal reported a 14.1% one-year investment return for fiscal year 2025, and 8.6% a year over the past ten years, per the Public Plans Database.
Is Pennsylvania Municipal fully funded?
Yes — Pennsylvania Municipal was 101.7% funded for fiscal year 2025, at or above the 100% fully-funded target. US public plans face no federal funding minimum, and few clear it (Public Plans Database).
How is Pennsylvania Municipal's money invested?
Pennsylvania Municipal held 58.3% of its assets in public equities and 27.8% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).
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.