Pennsylvania School Employees — 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 School Employees (Pennsylvania) reported $82.6bn of assets for fiscal year 2025, a one-year investment return of 9.7%, and was 66.6% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $82.6bn |
| 1-year return | 9.7% |
| 5-year return (annualised) | 9.4% |
| 10-year return (annualised) | 7.5% |
| Funded ratio (GASB) | 66.6% |
How the money is invested (asset allocation)
Pennsylvania School Employees held 49.4% of its assets in fixed income (bonds) and 18.2% in private equity for fiscal year 2025 — the largest of 5 sleeves it reports, with the rest below:
| Fixed income (bonds) | 49.4% |
| Private equity | 18.2% |
| Commodities | 17.4% |
| Real estate | 15.0% |
| Hedge funds | 0.0% |
Compare Pennsylvania School Employees with similar plans
The plans most worth reading Pennsylvania School Employees 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 State ERS | $42.6bn | 13.7% | 71.7% | Same state — Pennsylvania |
| Philadelphia (PA) Municipal | $9.5bn | 12.8% | 65.4% | Same state — Pennsylvania |
| Pennsylvania Municipal | $4.0bn | 14.1% | 101.7% | 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 School Employees have in assets?
Pennsylvania School Employees reported $82.6bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Pennsylvania School Employees make on its investments?
Pennsylvania School Employees reported a 9.7% one-year investment return for fiscal year 2025, and 7.5% a year over the past ten years, per the Public Plans Database.
Is Pennsylvania School Employees fully funded?
Pennsylvania School Employees was 66.6% 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 Pennsylvania School Employees's money invested?
Pennsylvania School Employees held 49.4% of its assets in fixed income (bonds) and 18.2% in private equity, 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.