Irvine Municipal Employees Retirement System
public plan · City of Irvine · Sacramento, CA
ACTIVE
A
Pension Health Score
83/100
Funding Status91% Funded
0%80% threshold100%
$3.7B
Total Assets
$4.1B
Total Liabilities
$392.5M
Unfunded Liability
38,875
Participants
Funding History
What This Means for You
Irvine Municipal Employees Retirement System is in excellent financial health at 91% funded. This means for every dollar the plan owes in future benefits, it has 91 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 | $3.7B | $4.1B | 90.5% | $151.5M |
| 2024 | $3.7B | $4.1B | 90.1% | $112.8M |
| 2023 | $3.4B | $3.7B | 90.4% | $140.4M |
| 2022 | $3.3B | $3.5B | 95.5% | $139.4M |
| 2021 | $3.1B | $3.5B | 88.9% | $157.6M |