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PensionWatch

Las Vegas Municipal Employees Retirement System

public plan · City of Las Vegas · Las Vegas, NV

ACTIVE
B
Pension Health Score
76/100
Funding Status66% Funded
0%80% threshold100%
$3.2B
Total Assets
$4.9B
Total Liabilities
$1.7B
Unfunded Liability
34,990
Participants

Funding History

What This Means for You

Las Vegas Municipal Employees Retirement System is in good financial health at 66% funded. This means for every dollar the plan owes in future benefits, it has 66 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$3.2B$4.9B65.6%$251.5M
2024$3.2B$5.4B58.9%$192.5M
2023$3.1B$4.5B67.2%$198.0M
2022$2.9B$4.5B64.4%$236.9M
2021$2.7B$4.9B55.3%$230.1M