Salt Lake City Fire & Rescue Pension Fund
public plan · City of Salt Lake City · Provo, UT
Funding History
What This Means for You
Salt Lake City Fire & Rescue Pension Fund is in excellent financial health at 82% funded. This means for every dollar the plan owes in future benefits, it has 82 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 | $321.6M | $390.7M | 82.3% | $10.9M |
| 2024 | $313.3M | $390.7M | 80.2% | $13.0M |
| 2023 | $304.5M | $387.9M | 78.5% | $13.3M |
| 2022 | $286.9M | $345.6M | 83.0% | $9.1M |
| 2021 | $266.2M | $337.8M | 78.8% | $11.4M |
Frequently Asked Questions
Salt Lake City Fire & Rescue Pension Fund is 82% funded, meaning it has 82 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Salt Lake City Fire & Rescue Pension Fund has 1,547 total participants, including 718 active employees and 829 retirees currently receiving benefits.
Salt Lake City 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.