Fresno Fire & Rescue Pension Fund
public plan · City of Fresno · San Francisco, CA
Funding History
What This Means for You
Fresno Fire & Rescue Pension Fund is 50% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $890.0M 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 | $897.4M | $1.8B | 50.2% | $49.8M |
| 2024 | $869.9M | $1.6B | 53.4% | $37.2M |
| 2023 | $837.4M | $1.9B | 44.4% | $37.7M |
| 2022 | $802.0M | $1.5B | 51.9% | $38.0M |
| 2021 | $761.9M | $1.6B | 47.9% | $37.8M |
Frequently Asked Questions
Fresno Fire & Rescue Pension Fund is 50% funded, meaning it has 50 cents in assets for every dollar in future benefit obligations. This is significantly underfunded and participants should monitor the situation closely.
Fresno Fire & Rescue Pension Fund has 9,197 total participants, including 5,091 active employees and 4,106 retirees currently receiving benefits.
Fresno 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.