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PensionWatch

Miami Police Pension Fund

public plan · City of Miami · Tampa, FL

ACTIVE
C
Pension Health Score
61/100
Funding Status49% Funded
0%80% threshold100%
$255.6M
Total Assets
$519.3M
Total Liabilities
$263.7M
Unfunded Liability
10,693
Participants

Funding History

What This Means for You

Miami Police Pension Fund is 49% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $263.7M 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

YearAssetsLiabilitiesFunding RatioContributions
2025$255.6M$519.3M49.2%$8.0M
2024$248.9M$468.0M53.2%$7.5M
2023$232.9M$411.5M56.6%$10.4M
2022$224.3M$539.3M41.6%$7.1M
2021$216.2M$594.0M36.4%$8.0M