Maricopa County Employees Retirement Fund
public plan · Maricopa County · St. Louis, MO
ACTIVE
F
Pension Health Score
34/100
Funding Status57% Funded
0%80% threshold100%
$1.5B
Total Assets
$2.6B
Total Liabilities
$1.1B
Unfunded Liability
11,315
Participants
Funding History
What This Means for You
Maricopa County Employees Retirement Fund is significantly underfunded at 57%, with $1.1B in unfunded liabilities affecting 11,315 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.5B | $2.6B | 56.9% | $75.4M |
| 2024 | $1.4B | $2.4B | 59.6% | $86.6M |
| 2023 | $1.4B | $2.4B | 55.9% | $63.3M |
| 2022 | $1.3B | $2.2B | 62.0% | $75.9M |
| 2021 | $1.3B | $1.9B | 67.2% | $65.4M |