Florida Retirement System
public plan · State of Florida · Tallahassee, FL
ACTIVE
A
Pension Health Score
93/100
Funding Status85% Funded
0%80% threshold100%
$188.3B
Total Assets
$221.5B
Total Liabilities
$33.2B
Unfunded Liability
1,023,884
Participants
Funding History
What This Means for You
Florida Retirement System is in excellent financial health at 85% funded. This means for every dollar the plan owes in future benefits, it has 85 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 | $188.3B | $221.5B | 85.0% | $13.7B |
| 2024 | $185.7B | $230.4B | 80.6% | $10.8B |
| 2023 | $172.4B | $206.7B | 83.4% | $12.9B |
| 2022 | $171.8B | $185.7B | 92.5% | $10.5B |
| 2021 | $162.7B | $217.2B | 74.9% | $12.1B |