Corpus Christi Police Pension Fund
public plan · City of Corpus Christi · Houston, TX
ACTIVE
D
Pension Health Score
47/100
Funding Status47% Funded
0%80% threshold100%
$851.3M
Total Assets
$1.8B
Total Liabilities
$979.4M
Unfunded Liability
5,684
Participants
Funding History
What This Means for You
Corpus Christi Police Pension Fund is significantly underfunded at 47%, with $979.4M in unfunded liabilities affecting 5,684 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $851.3M | $1.8B | 46.5% | $26.9M |
| 2024 | $823.6M | $2.0B | 40.4% | $27.4M |
| 2023 | $768.6M | $1.8B | 43.2% | $36.2M |
| 2022 | $770.5M | $1.9B | 41.2% | $30.5M |
| 2021 | $723.6M | $1.6B | 44.8% | $35.5M |