Toledo Fire & Rescue Pension Fund
public plan · City of Toledo · Toledo, OH
Funding History
What This Means for You
Toledo Fire & Rescue Pension Fund is in excellent 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 | $733.1M | $877.9M | 83.5% | $51.9M |
| 2024 | $719.9M | $879.0M | 81.9% | $52.2M |
| 2023 | $661.9M | $838.9M | 78.9% | $47.3M |
| 2022 | $662.2M | $807.5M | 82.0% | $45.2M |
| 2021 | $607.2M | $790.6M | 76.8% | $52.3M |
Frequently Asked Questions
Toledo Fire & Rescue Pension 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.
Toledo Fire & Rescue Pension Fund has 9,475 total participants, including 4,156 active employees and 5,319 retirees currently receiving benefits.
Toledo 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.