Oakland Fire & Rescue Pension Fund
public plan · City of Oakland · San Diego, CA
Funding History
What This Means for You
Oakland Fire & Rescue Pension Fund is in excellent financial health at 83% funded. This means for every dollar the plan owes in future benefits, it has 83 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 | $1.3B | $1.6B | 83.4% | $73.3M |
| 2024 | $1.3B | $1.5B | 86.0% | $94.8M |
| 2023 | $1.2B | $1.4B | 84.3% | $88.9M |
| 2022 | $1.2B | $1.4B | 82.0% | $78.0M |
| 2021 | $1.1B | $1.5B | 75.8% | $73.9M |
Frequently Asked Questions
Oakland Fire & Rescue Pension Fund is 83% funded, meaning it has 83 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Oakland Fire & Rescue Pension Fund has 3,643 total participants, including 2,251 active employees and 1,392 retirees currently receiving benefits.
Oakland 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.