Los Angeles Fire & Police Pensions
public plan · City of Los Angeles · San Diego, CA
Funding History
What This Means for You
Los Angeles Fire & Police Pensions is in excellent financial health at 89% funded. This means for every dollar the plan owes in future benefits, it has 89 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 | $31.6B | $35.7B | 88.6% | $1.4B |
| 2024 | $30.7B | $32.8B | 93.5% | $1.4B |
| 2023 | $28.6B | $33.5B | 85.3% | $1.6B |
| 2022 | $29.1B | $30.2B | 96.4% | $1.4B |
| 2021 | $26.2B | $31.4B | 83.4% | $1.7B |
Frequently Asked Questions
Los Angeles Fire & Police Pensions is 89% funded, meaning it has 89 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Los Angeles Fire & Police Pensions has 26,763 total participants, including 10,239 active employees and 16,524 retirees currently receiving benefits.
Los Angeles Fire & Police Pensions 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.