Tampa Police Pension Fund
public plan · City of Tampa · Miami, FL
ACTIVE
D
Pension Health Score
45/100
Funding Status57% Funded
0%80% threshold100%
$504.5M
Total Assets
$882.4M
Total Liabilities
$378.0M
Unfunded Liability
6,258
Participants
Funding History
What This Means for You
Tampa Police Pension Fund is significantly underfunded at 57%, with $378.0M in unfunded liabilities affecting 6,258 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 | $504.5M | $882.4M | 57.2% | $41.4M |
| 2024 | $480.4M | $932.9M | 51.5% | $32.2M |
| 2023 | $459.0M | $786.0M | 58.4% | $33.6M |
| 2022 | $441.3M | $845.5M | 52.2% | $34.2M |
| 2021 | $437.7M | $724.7M | 60.4% | $42.3M |