Phoenix Police Pension Fund
public plan · City of Phoenix · Phoenix, AZ
Funding History
What This Means for You
Phoenix Police Pension Fund is in excellent financial health at 91% funded. This means for every dollar the plan owes in future benefits, it has 91 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 | $225.3M | $249.0M | 90.5% | $16.8M |
| 2024 | $215.5M | $236.0M | 91.3% | $18.4M |
| 2023 | $205.7M | $229.1M | 89.8% | $13.2M |
| 2022 | $197.1M | $238.0M | 82.8% | $17.0M |
| 2021 | $194.5M | $229.9M | 84.6% | $14.4M |
Frequently Asked Questions
Phoenix Police Pension Fund is 91% funded, meaning it has 91 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Phoenix Police Pension Fund has 8,073 total participants, including 2,930 active employees and 5,143 retirees currently receiving benefits.
Phoenix 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.