Unfunded Liability
$245M
actuarial shortfall
A full financial snapshot of Austin Police: funded ratio, unfunded liability, member counts, and investment returns, drawn from 23 years of history in the Public Plans Database (Boston College CRR) and verified against actuarial valuations.
By PlainPension · · Texas · Police & Fire Plan · Data through FY2023
According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Austin Police is one of 197 public pension plans tracked nationwide. The plan card reports FY2023 valuation figures; the multi-year table includes FY2024 where PPD published it; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.
Unfunded Liability
$245M
actuarial shortfall
Total Members
2,994
active + retired + vested
1-Year Return
9.3%
net investment return
2.0pp vs 5-yr avg
5-Year Avg Return
7.3%
annualized, net of fees
A ratio of 80.5% compared against the national public-pension average of 75.5%.
Plans above 80% are generally considered adequately funded by NASRA standards.
The active-to-retiree ratio is a leading indicator of long-term plan sustainability, plans with more retirees than active contributors face mounting cash-flow pressure as benefit payments outpace incoming contributions.
Public pension plans report their asset allocation in their annual CAFR and actuarial valuation. Equity-heavy mixes capture market upside but introduce volatility; fixed-income tilts protect funded status during downturns at the cost of long-run return.
| Year | Funded Ratio |
|---|---|
| 2024 | 74.3% |
| 2023 | 80.5% |
| 2022 | 83.7% |
| 2021 | 82.8% |
| 2020 | 80.6% |
| 2019 | 83.3% |
| 2018 | 86.1% |
| 2017 | 86.1% |
| 2016 | 84.8% |
| 2015 | 84.3% |
| 2014 | 81.6% |
| 2013 | 76.4% |
| 2012 | 83.9% |
| 2011 | 90.0% |
| 2010 | 87.8% |
| 2009 | 73.2% |
| 2008 | 98.4% |
| 2007 | 99.8% |
| 2006 | 90.5% |
| 2005 | 91.2% |
Austin Police reports a funded ratio of 80.5% as of fiscal year 2023, earning a financial health grade of C in the Public Plans Database. The plan holds $1.01B in market assets against an unfunded liability of $245M. As a Police & Fire plan operating under Texas sponsorship, it covers 2,994 members (1,551 active contributors, 1,371 retirees drawing benefits).
Austin Police ranks among the better-funded plans in the database, 5 points above the 75.5% national average across tracked plans. A 5-year average investment return of 7.3% factors into the plan's overall trajectory.
For Texas taxpayers and plan members, the $245M unfunded gap is the actuarial shortfall this plan must close over time.
These figures come from the Public Plans Database, a collaboration between the Boston College Center for Retirement Research and NASRA that compiles them from each plan's Comprehensive Annual Financial Reports (CAFRs) and actuarial valuations. The relationship between contribution adequacy and investment performance determines whether an unfunded liability narrows or expands year over year, and the gap itself is typically closed through some combination of higher contributions, investment returns, or benefit modifications. See our methodology for how public-pension funding differs from ERISA-backed private plans, and our disclaimer below before acting on this data.
The closest plans nationwide to Austin Police's 80.5% funded ratio.
Austin Police has a funded ratio of 80.5% as of FY2023, earning a health grade of C. This funded ratio is an actuarial snapshot, not a solvency prediction. Compare its valuation date, asset method, and actuarial assumptions before drawing conclusions about a plan.
Austin Police's reported financial data should be read with the plan's own actuarial valuation and governing documents. This page does not assess legal obligations or predict government action.
A funded ratio of 80.5% means that Austin Police currently has assets equal to 80.5% of its projected benefit obligations. The unfunded liability, the gap between assets and liabilities, stands at $245M. This is considered adequately funded.
Austin Police is a Police & Fire plan in Texas serving 2,994 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 75.5%. Austin Police's funded ratio of 80.5% places it above the national average, reflecting strong fiscal management.
Austin Police covers 2,994 total members, including 1,551 active employees and 1,371 retirees currently receiving benefits. The ratio of active members to retirees is a key indicator of plan sustainability, when the number of retirees grows relative to active contributors, funding pressure increases.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Public Plans Database (PPD). Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainPension is rendered directly from the Public Plans Database (Boston College Center for Retirement Research), no number is typed in by an editor. This page aggregates this plan's funded ratio, unfunded liability, and multi-year financial history, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.