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PensionWatch

Indianapolis Fire & Rescue Pension Fund

public plan · City of Indianapolis · Indianapolis, IN

ACTIVE
C
Pension Health Score
63/100
Funding Status53% Funded
0%80% threshold100%
$501.1M
Total Assets
$941.8M
Total Liabilities
$440.7M
Unfunded Liability
7,348
Participants

Funding History

What This Means for You

Indianapolis Fire & Rescue Pension Fund is 53% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $440.7M 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$501.1M$941.8M53.2%$15.2M
2024$496.6M$893.2M55.6%$15.7M
2023$463.7M$1.1B44.0%$14.9M
2022$440.6M$755.8M58.3%$14.0M
2021$431.0M$1.1B39.7%$14.6M