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PensionWatch

King County Employees Retirement Fund

public plan · King County · Fort Smith, AR

ACTIVE
A
Pension Health Score
88/100
Funding Status81% Funded
0%80% threshold100%
$325.5M
Total Assets
$400.6M
Total Liabilities
$75.1M
Unfunded Liability
20,892
Participants

Funding History

What This Means for You

King County Employees Retirement Fund is in excellent financial health at 81% funded. This means for every dollar the plan owes in future benefits, it has 81 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

YearAssetsLiabilitiesFunding RatioContributions
2025$325.5M$400.6M81.3%$24.7M
2024$318.9M$400.6M79.6%$23.5M
2023$296.7M$367.2M80.8%$21.3M
2022$294.4M$334.2M88.1%$22.7M
2021$275.3M$375.5M73.3%$24.2M