Winston-Salem Police Pension Fund
public plan · City of Winston-Salem · Raleigh, NC
ACTIVE
D
Pension Health Score
38/100
Funding Status49% Funded
0%80% threshold100%
$451.8M
Total Assets
$932.4M
Total Liabilities
$480.6M
Unfunded Liability
11,205
Participants
Funding History
What This Means for You
Winston-Salem Police Pension Fund is significantly underfunded at 49%, with $480.6M in unfunded liabilities affecting 11,205 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 | $451.8M | $932.4M | 48.5% | $27.7M |
| 2024 | $439.8M | $981.7M | 44.8% | $35.7M |
| 2023 | $418.3M | $845.1M | 49.5% | $30.2M |
| 2022 | $390.2M | $869.0M | 44.9% | $32.5M |
| 2021 | $386.0M | $727.0M | 53.1% | $29.2M |