Louisville Police Pension Fund
public plan · City of Louisville · Frankfort, KY
Funding History
What This Means for You
Louisville Police Pension Fund is 47% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $888.4M 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 | $797.2M | $1.7B | 47.3% | $43.3M |
| 2024 | $777.4M | $1.8B | 43.4% | $38.2M |
| 2023 | $719.1M | $1.6B | 43.6% | $46.3M |
| 2022 | $715.3M | $1.4B | 50.0% | $48.9M |
| 2021 | $689.1M | $1.6B | 42.8% | $46.0M |
Frequently Asked Questions
Louisville Police Pension Fund is 47% funded, meaning it has 47 cents in assets for every dollar in future benefit obligations. This is significantly underfunded and participants should monitor the situation closely.
Louisville Police Pension Fund has 11,014 total participants, including 7,142 active employees and 3,872 retirees currently receiving benefits.
Louisville 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.