Raleigh Police Pension Fund
public plan · City of Raleigh · Raleigh, NC
ACTIVE
D
Pension Health Score
45/100
Funding Status51% Funded
0%80% threshold100%
$1.5B
Total Assets
$2.9B
Total Liabilities
$1.4B
Unfunded Liability
9,015
Participants
Funding History
What This Means for You
Raleigh Police Pension Fund is significantly underfunded at 51%, with $1.4B in unfunded liabilities affecting 9,015 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 | $1.5B | $2.9B | 50.9% | $110.1M |
| 2024 | $1.4B | $3.0B | 46.9% | $85.8M |
| 2023 | $1.4B | $2.6B | 53.4% | $102.3M |
| 2022 | $1.3B | $2.7B | 47.2% | $93.0M |
| 2021 | $1.3B | $2.5B | 52.0% | $85.7M |