Laredo Police Pension Fund
public plan · City of Laredo · Houston, TX
Funding History
What This Means for You
Laredo Police Pension Fund is in excellent financial health at 87% funded. This means for every dollar the plan owes in future benefits, it has 87 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 | $1.4B | $1.6B | 87.4% | $83.3M |
| 2024 | $1.4B | $1.7B | 81.1% | $77.3M |
| 2023 | $1.4B | $1.7B | 81.1% | $88.7M |
| 2022 | $1.3B | $1.6B | 81.5% | $64.4M |
| 2021 | $1.2B | $1.5B | 79.4% | $74.3M |
Frequently Asked Questions
Laredo Police Pension Fund is 87% funded, meaning it has 87 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Laredo Police Pension Fund has 5,628 total participants, including 3,087 active employees and 2,541 retirees currently receiving benefits.
Laredo Police 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.