Dayton Fire & Rescue Pension Fund
public plan · City of Dayton · Cincinnati, OH
ACTIVE
D
Pension Health Score
49/100
Funding Status52% Funded
0%80% threshold100%
$288.6M
Total Assets
$554.4M
Total Liabilities
$265.7M
Unfunded Liability
9,411
Participants
Funding History
What This Means for You
Dayton Fire & Rescue Pension Fund is significantly underfunded at 52%, with $265.7M in unfunded liabilities affecting 9,411 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 | $288.6M | $554.4M | 52.1% | $16.6M |
| 2024 | $276.6M | $547.8M | 50.5% | $18.1M |
| 2023 | $260.3M | $503.4M | 51.7% | $18.5M |
| 2022 | $251.8M | $528.9M | 47.6% | $18.9M |
| 2021 | $247.3M | $489.8M | 50.5% | $15.5M |