Minneapolis Municipal Employees Retirement System
public plan · City of Minneapolis · Minneapolis, MN
ACTIVE
C
Pension Health Score
63/100
Funding Status60% Funded
0%80% threshold100%
$3.2B
Total Assets
$5.4B
Total Liabilities
$2.2B
Unfunded Liability
9,330
Participants
Funding History
What This Means for You
Minneapolis Municipal Employees Retirement System is 60% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.2B 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 | $3.2B | $5.4B | 59.5% | $121.6M |
| 2024 | $3.1B | $5.1B | 61.5% | $149.6M |
| 2023 | $3.1B | $5.5B | 56.2% | $144.7M |
| 2022 | $2.9B | $4.6B | 63.5% | $144.8M |
| 2021 | $2.7B | $5.3B | 51.3% | $134.7M |