Chandler Fire & Rescue Pension Fund
public plan · City of Chandler · Tucson, AZ
Funding History
What This Means for You
Chandler Fire & Rescue Pension Fund is 64% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $295.0M in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $516.8M | $811.9M | 63.7% | $19.1M |
| 2024 | $490.0M | $842.0M | 58.2% | $20.2M |
| 2023 | $470.5M | $691.9M | 68.0% | $14.9M |
| 2022 | $460.6M | $857.7M | 53.7% | $19.6M |
| 2021 | $436.8M | $707.9M | 61.7% | $14.9M |
Frequently Asked Questions
Chandler Fire & Rescue Pension Fund is 64% funded, meaning it has 64 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
Chandler Fire & Rescue Pension Fund has 5,325 total participants, including 1,935 active employees and 3,390 retirees currently receiving benefits.
Chandler Fire & Rescue Pension Fund is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.