Miami-Dade County Employees Retirement Fund
public plan · Miami-Dade County · Mesa, AZ
Funding History
What This Means for You
Miami-Dade County Employees Retirement Fund is in good financial health at 84% funded. This means for every dollar the plan owes in future benefits, it has 84 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 | $1.9B | $2.3B | 83.9% | $63.2M |
| 2024 | $1.8B | $2.2B | 81.1% | $62.5M |
| 2023 | $1.8B | $2.2B | 82.3% | $64.3M |
| 2022 | $1.7B | $2.3B | 75.3% | $49.1M |
| 2021 | $1.7B | $2.0B | 82.6% | $61.9M |
Frequently Asked Questions
Miami-Dade County Employees Retirement Fund is 84% funded, meaning it has 84 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Miami-Dade County Employees Retirement Fund has 24,806 total participants, including 10,724 active employees and 14,082 retirees currently receiving benefits.
Miami-Dade County Employees Retirement 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.