Des Moines Police Pension Fund
public plan · City of Des Moines · Davenport, IA
ACTIVE
B
Pension Health Score
76/100
Funding Status75% Funded
0%80% threshold100%
$1.1B
Total Assets
$1.4B
Total Liabilities
$345.0M
Unfunded Liability
12,674
Participants
Funding History
What This Means for You
Des Moines Police Pension Fund is in good financial health at 75% funded. This means for every dollar the plan owes in future benefits, it has 75 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 | $1.1B | $1.4B | 75.3% | $69.9M |
| 2024 | $1.0B | $1.5B | 70.2% | $57.8M |
| 2023 | $994.9M | $1.4B | 73.6% | $76.6M |
| 2022 | $913.9M | $1.3B | 70.6% | $58.4M |
| 2021 | $893.4M | $1.3B | 68.6% | $64.4M |