US public pension profile· Alabama TRS
Teachers' Retirement System of Alabama
Funding, investment choices and long-term returns.
Alabama ·Fiscal year 2025
Alabama TRS: fiscal year 2025 at a glance
- Market value of assets
- USD 34.6 billion
- Total membership
- 325,043
- Funded ratio
- 68.37%
- Assumed investment return
- 7.45%
Asset allocation in 2025
| Public equity | 69.16% |
|---|---|
| Fixed income | 22.45% |
| Private equity | 0.00% |
| Real estate | 8.39% |
| Hedge funds | 0.00% |
| Cash | 0.00% |
Returns to 2025
| One year | 10.16% |
|---|---|
| Five years | 9.93% |
| Ten years | 9.03% |
Alabama TRS: size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 15.8 billion | 194,316 | 101.40% | 8.00% |
| 2002 | USD 14.2 billion | 197,813 | 97.40% | 8.00% |
| 2003 | USD 15.7 billion | 202,130 | 93.60% | 8.00% |
| 2004 | USD 16.9 billion | 207,336 | 89.60% | 8.00% |
| 2005 | USD 18.2 billion | 214,008 | 83.60% | 8.00% |
| 2006 | USD 19.2 billion | 222,294 | 82.80% | 8.00% |
| 2007 | USD 21.9 billion | 227,498 | 79.50% | 8.00% |
| 2008 | USD 18.1 billion | 230,416 | 77.60% | 8.00% |
| 2009 | USD 16.1 billion | 229,821 | 74.70% | 8.00% |
| 2010 | USD 17.0 billion | 233,881 | 71.10% | 8.00% |
| 2011 | USD 16.8 billion | 233,575 | 67.50% | 8.00% |
| 2012 | USD 19.0 billion | 235,165 | 66.50% | 8.00% |
| 2013 | USD 20.8 billion | 218,693 | 66.20% | 8.00% |
| 2014 | USD 22.4 billion | 267,430 | 67.48% | 8.00% |
| 2015 | USD 21.7 billion | 270,305 | 68.27% | 8.00% |
| 2016 | USD 22.9 billion | 274,424 | 68.32% | 7.88% |
| 2017 | USD 24.7 billion | 278,583 | 68.86% | 7.75% |
| 2018 | USD 25.9 billion | 282,553 | 70.19% | 7.70% |
| 2019 | USD 25.6 billion | 285,399 | 69.38% | 7.70% |
| 2020 | USD 25.9 billion | 288,718 | 70.67% | 7.70% |
| 2021 | USD 30.6 billion | 294,880 | 70.20% | 7.45% |
| 2022 | USD 25.6 billion | 305,536 | 67.02% | 7.45% |
| 2023 | USD 27.8 billion | 312,653 | 65.12% | 7.45% |
| 2024 | USD 32.5 billion | 319,261 | 66.06% | 7.45% |
| 2025 | USD 34.6 billion | 325,043 | 68.37% | 7.45% |
Alabama TRS: asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 42.89% | 57.11% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2002 | 42.03% | 57.97% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2003 | 52.76% | 47.24% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2004 | 57.98% | 42.02% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2005 | 60.24% | 39.76% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2006 | 63.78% | 36.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2007 | 65.13% | 34.87% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2008 | 59.66% | 40.34% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2009 | 59.16% | 40.84% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2010 | 59.69% | 40.31% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2011 | 57.42% | 42.58% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2012 | 60.41% | 39.59% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2013 | 65.47% | 34.53% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2014 | 66.82% | 33.18% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2015 | 63.22% | 36.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2016 | 64.56% | 35.44% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2017 | 70.50% | 29.50% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2018 | 69.57% | 30.43% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2019 | 67.96% | 32.04% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2020 | 69.09% | 30.91% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2021 | 73.10% | 26.90% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2022 | 70.36% | 29.64% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2023 | 66.15% | 33.85% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2024 | 67.60% | 23.57% | 0.00% | 8.83% | 0.00% | 0.00% |
| 2025 | 69.16% | 22.45% | 0.00% | 8.39% | 0.00% | 0.00% |
Alabama TRS: investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | -6.05% | 7.94% | Not reported |
| 2002 | -7.81% | 3.14% | Not reported |
| 2003 | 15.98% | 4.36% | 7.65% |
| 2004 | 10.71% | 4.12% | 8.61% |
| 2005 | 11.26% | 4.48% | 7.92% |
| 2006 | 8.82% | 7.60% | 7.77% |
| 2007 | 17.46% | 12.94% | 7.42% |
| 2008 | -15.36% | 5.91% | 5.20% |
| 2009 | -7.94% | 2.07% | 3.09% |
| 2010 | 8.42% | 1.55% | 3.00% |
| 2011 | 1.81% | 0.20% | 3.83% |
| 2012 | 18.30% | 0.35% | 6.46% |
| 2013 | 14.93% | 6.68% | 6.29% |
| 2014 | 12.13% | 10.97% | 6.43% |
| 2015 | 1.04% | 9.42% | 5.41% |
| 2016 | 10.41% | 11.21% | 5.56% |
| 2017 | 11.77% | 9.95% | 5.04% |
| 2018 | 9.42% | 8.88% | 7.77% |
| 2019 | 2.63% | 6.96% | 8.95% |
| 2020 | 5.62% | 7.92% | 8.67% |
| 2021 | 22.62% | 10.21% | 10.71% |
| 2022 | -13.18% | 4.78% | 7.33% |
| 2023 | 13.26% | 5.50% | 7.18% |
| 2024 | 21.10% | 9.05% | 8.00% |
| 2025 | 10.16% | 9.93% | 9.03% |