Mecklenburg County Employees Retirement Fund
public plan · Mecklenburg County · Springfield, MA
ACTIVE
B
Pension Health Score
75/100
Funding Status81% Funded
0%80% threshold100%
$2.4B
Total Assets
$3.0B
Total Liabilities
$553.9M
Unfunded Liability
15,208
Participants
Funding History
What This Means for You
Mecklenburg County Employees Retirement Fund is in good 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
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $2.4B | $3.0B | 81.3% | $96.6M |
| 2024 | $2.3B | $2.9B | 78.8% | $89.2M |
| 2023 | $2.2B | $2.6B | 87.2% | $112.0M |
| 2022 | $2.2B | $2.9B | 75.0% | $108.7M |
| 2021 | $2.1B | $2.6B | 81.8% | $111.1M |