Santa Ana Fire & Rescue Pension Fund
public plan · City of Santa Ana · San Diego, CA
Funding History
What This Means for You
Santa Ana Fire & Rescue Pension Fund is 63% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $365.1M in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $612.6M | $977.7M | 62.7% | $33.3M |
| 2024 | $606.6M | $976.9M | 62.1% | $42.9M |
| 2023 | $577.5M | $954.6M | 60.5% | $43.7M |
| 2022 | $550.2M | $996.8M | 55.2% | $37.6M |
| 2021 | $535.6M | $835.6M | 64.1% | $31.9M |
Frequently Asked Questions
Santa Ana Fire & Rescue Pension Fund is 63% funded, meaning it has 63 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
Santa Ana Fire & Rescue Pension Fund has 8,551 total participants, including 3,686 active employees and 4,865 retirees currently receiving benefits.
Santa Ana Fire & Rescue Pension Fund is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.