Plano Police Pension Fund
public plan · City of Plano · San Antonio, TX
ACTIVE
D
Pension Health Score
44/100
Funding Status64% Funded
0%80% threshold100%
$1.9B
Total Assets
$2.9B
Total Liabilities
$1.0B
Unfunded Liability
13,603
Participants
Funding History
What This Means for You
Plano Police Pension Fund is significantly underfunded at 64%, with $1.0B in unfunded liabilities affecting 13,603 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.9B | $2.9B | 64.1% | $133.4M |
| 2024 | $1.8B | $2.7B | 65.9% | $101.7M |
| 2023 | $1.7B | $2.8B | 61.6% | $138.6M |
| 2022 | $1.6B | $2.6B | 63.1% | $133.2M |
| 2021 | $1.6B | $2.3B | 69.9% | $129.5M |