Investment income for Utah’s public pension systems climbed from $861 million in 2023 to $990.6 million in 2024, according to the U.S. Census Bureau’s Annual Survey of Public Pensions.
The U.S. Census Bureau’s Annual Survey of Public Pensions collects data on defined-benefit pension plans managed by recognized government units that serve public employees paid with public funds. Local government units included in the survey are counties, municipalities, townships, school districts, and special districts.
The survey compiles information on revenues, spending, financial assets, and membership for these pension plans. More detailed questionnaires may cover aspects such as liabilities.
Some respondents may not fill out every item; response rates for particular data points can differ, potentially impacting the figures available in published reports.
As of 2025, nine states do not charge a broad-based individual income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, though there are different tax rules for New Hampshire and Washington for investment or capital gains.
Utah provided information from 10 pension programs, consisting of eight at the state level and two at the local level. These systems collectively served 250,808 members (247,186 state and 3,622 local).
Details for this story come from the U.S. Census Bureau’s Annual Survey of Public Pensions. The underlying data is available here.
