Pierce County Employees Retirement Fund
public plan · Pierce County · Tallahassee, FL
ACTIVE
B
Pension Health Score
66/100
Funding Status67% Funded
0%80% threshold100%
$544.4M
Total Assets
$811.8M
Total Liabilities
$267.3M
Unfunded Liability
16,473
Participants
Funding History
What This Means for You
Pierce County Employees Retirement Fund is in good financial health at 67% funded. This means for every dollar the plan owes in future benefits, it has 67 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 | $544.4M | $811.8M | 67.1% | $37.5M |
| 2024 | $537.4M | $818.0M | 65.7% | $34.2M |
| 2023 | $520.4M | $758.6M | 68.6% | $38.0M |
| 2022 | $479.8M | $761.5M | 63.0% | $27.0M |
| 2021 | $451.7M | $703.6M | 64.2% | $38.2M |