Miami Municipal Employees Retirement System
public plan · City of Miami · Jacksonville, FL
ACTIVE
C
Pension Health Score
50/100
Funding Status45% Funded
0%80% threshold100%
$2.9B
Total Assets
$6.5B
Total Liabilities
$3.6B
Unfunded Liability
32,282
Participants
Funding History
What This Means for You
Miami Municipal Employees Retirement System is 45% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $3.6B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $2.9B | $6.5B | 45.1% | $76.6M |
| 2024 | $2.8B | $5.9B | 47.0% | $82.1M |
| 2023 | $2.8B | $5.8B | 48.4% | $82.4M |
| 2022 | $2.5B | $7.4B | 34.0% | $100.6M |
| 2021 | $2.5B | $6.2B | 40.8% | $87.4M |