Miami Fire & Rescue Pension Fund
public plan · City of Miami · Orlando, FL
ACTIVE
B
Pension Health Score
74/100
Funding Status89% Funded
0%80% threshold100%
$1.3B
Total Assets
$1.5B
Total Liabilities
$168.7M
Unfunded Liability
1,838
Participants
Funding History
What This Means for You
Miami Fire & Rescue Pension Fund is in good financial health at 89% funded. This means for every dollar the plan owes in future benefits, it has 89 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 | $1.3B | $1.5B | 88.6% | $42.7M |
| 2024 | $1.2B | $1.4B | 88.2% | $47.4M |
| 2023 | $1.2B | $1.5B | 85.9% | $49.8M |
| 2022 | $1.2B | $1.3B | 89.4% | $37.2M |
| 2021 | $1.2B | $1.3B | 92.3% | $49.2M |