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PensionWatch

Akron Police Pension Fund

public plan · City of Akron · Columbus, OH

ACTIVE
C
Pension Health Score
59/100
Funding Status54% Funded
0%80% threshold100%
$1.2B
Total Assets
$2.2B
Total Liabilities
$1.0B
Unfunded Liability
4,175
Participants

Funding History

What This Means for You

Akron Police Pension Fund is 54% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.0B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$1.2B$2.2B54.2%$69.7M
2024$1.1B$2.2B53.2%$72.2M
2023$1.1B$2.2B52.2%$74.1M
2022$1.1B$2.4B45.6%$75.6M
2021$1.1B$2.2B47.3%$52.9M