Columbus Municipal Employees Retirement System
public plan · City of Columbus · Cincinnati, OH
Funding History
What This Means for You
Columbus Municipal Employees Retirement System is in excellent financial health at 88% funded. This means for every dollar the plan owes in future benefits, it has 88 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.2B | $4.8B | 88.3% | $234.3M |
| 2024 | $4.0B | $4.3B | 93.0% | $214.5M |
| 2023 | $4.0B | $4.3B | 92.6% | $230.3M |
| 2022 | $3.9B | $5.1B | 76.2% | $217.8M |
| 2021 | $3.6B | $4.5B | 80.7% | $209.0M |
Frequently Asked Questions
Columbus Municipal Employees Retirement System is 88% funded, meaning it has 88 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Columbus Municipal Employees Retirement System has 39,465 total participants, including 22,354 active employees and 17,111 retirees currently receiving benefits.
Columbus Municipal Employees Retirement System 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.