San Francisco Employees Retirement System
public plan · City of San Francisco · Los Angeles, CA
ACTIVE
B
Pension Health Score
74/100
Funding Status90% Funded
0%80% threshold100%
$33.7B
Total Assets
$37.3B
Total Liabilities
$3.6B
Unfunded Liability
65,532
Participants
Funding History
What This Means for You
San Francisco Employees Retirement System is in good financial health at 90% funded. This means for every dollar the plan owes in future benefits, it has 90 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 | $33.7B | $37.3B | 90.3% | $1.7B |
| 2024 | $33.6B | $38.5B | 87.3% | $1.7B |
| 2023 | $31.2B | $33.8B | 92.2% | $1.2B |
| 2022 | $30.5B | $31.0B | 98.3% | $1.6B |
| 2021 | $28.8B | $30.6B | 94.1% | $1.5B |