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PensionWatch

Pittsburgh Municipal Employees Retirement System

public plan · City of Pittsburgh · Harrisburg, PA

ACTIVE
B
Pension Health Score
76/100
Funding Status65% Funded
0%80% threshold100%
$3.0B
Total Assets
$4.6B
Total Liabilities
$1.6B
Unfunded Liability
12,699
Participants

Funding History

What This Means for You

Pittsburgh Municipal Employees Retirement System is in good financial health at 65% funded. This means for every dollar the plan owes in future benefits, it has 65 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

YearAssetsLiabilitiesFunding RatioContributions
2025$3.0B$4.6B65.1%$236.6M
2024$2.8B$4.4B64.9%$219.9M
2023$2.8B$4.1B67.6%$225.8M
2022$2.7B$4.8B55.1%$239.5M
2021$2.5B$5.1B48.8%$200.5M