Tucson Municipal Employees Retirement System
public plan · City of Tucson · Mesa, AZ
ACTIVE
B
Pension Health Score
66/100
Funding Status74% Funded
0%80% threshold100%
$853.5M
Total Assets
$1.1B
Total Liabilities
$296.4M
Unfunded Liability
16,609
Participants
Funding History
What This Means for You
Tucson Municipal Employees Retirement System is in good financial health at 74% funded. This means for every dollar the plan owes in future benefits, it has 74 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 | $853.5M | $1.1B | 74.2% | $31.5M |
| 2024 | $843.5M | $1.2B | 71.0% | $33.6M |
| 2023 | $795.4M | $1.1B | 73.6% | $27.1M |
| 2022 | $750.9M | $975.2M | 77.0% | $25.5M |
| 2021 | $713.9M | $967.3M | 73.8% | $25.7M |