Wayne County Employees Retirement Fund
public plan · Wayne County · Raleigh, NC
ACTIVE
C
Pension Health Score
53/100
Funding Status69% Funded
0%80% threshold100%
$425.6M
Total Assets
$617.3M
Total Liabilities
$191.7M
Unfunded Liability
14,181
Participants
Funding History
What This Means for You
Wayne County Employees Retirement Fund is 69% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $191.7M 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 | $425.6M | $617.3M | 68.9% | $16.2M |
| 2024 | $408.0M | $581.2M | 70.2% | $15.1M |
| 2023 | $402.8M | $602.0M | 66.9% | $15.1M |
| 2022 | $386.7M | $646.6M | 59.8% | $14.7M |
| 2021 | $357.8M | $474.0M | 75.5% | $16.2M |