NYC Fire Department Pension Fund
public plan · New York City · Buffalo, NY
ACTIVE
C
Pension Health Score
56/100
Funding Status78% Funded
0%80% threshold100%
$17.0B
Total Assets
$21.8B
Total Liabilities
$4.8B
Unfunded Liability
25,004
Participants
Funding History
What This Means for You
NYC Fire Department Pension Fund is 78% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $4.8B 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 | $17.0B | $21.8B | 78.1% | $1.2B |
| 2024 | $16.7B | $22.7B | 73.5% | $1.4B |
| 2023 | $16.3B | $20.5B | 79.4% | $1.1B |
| 2022 | $15.1B | $19.0B | 79.5% | $1.3B |
| 2021 | $14.6B | $17.0B | 85.5% | $1.1B |