San Diego City Employees Retirement System
public plan · City of San Diego · San Jose, CA
ACTIVE
B
Pension Health Score
76/100
Funding Status72% Funded
0%80% threshold100%
$9.9B
Total Assets
$13.7B
Total Liabilities
$3.8B
Unfunded Liability
21,830
Participants
Funding History
What This Means for You
San Diego City Employees Retirement System is in good financial health at 72% funded. This means for every dollar the plan owes in future benefits, it has 72 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 | $9.9B | $13.7B | 72.1% | $583.5M |
| 2024 | $9.7B | $13.3B | 73.0% | $583.6M |
| 2023 | $9.5B | $14.1B | 67.3% | $621.4M |
| 2022 | $8.5B | $11.7B | 72.8% | $602.8M |
| 2021 | $8.2B | $12.8B | 64.4% | $686.7M |