Unfunded Liability
N/A
actuarial shortfall
FY2023 data · Public Plans Database
Dallas Police and Fire
Everything the Public Plans Database tracks for Dallas Police and Fire: funded ratio, unfunded liability, membership, and 23 years of financial history, compiled by Boston College CRR and checked against actuarial valuations.
By PlainPension · · Texas · Police & Fire Plan · Data through FY2023
- Funded ratio
- 84.3%
- Health grade
- BReported funded ratio above the portfolio average range
- Market assets
- N/A
- Members
- 10,547
According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Dallas Police and Fire 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.
Total Members
10,547
active + retired + vested
1-Year Return
7.6%
net investment return
-0.9pp vs 5-yr avg
5-Year Avg Return
8.5%
annualized, net of fees
How Dallas Police and Fire Funded Ratio Compares
Plan Funded Ratio 84.3%
National avg
A ratio of 84.3% compared against the national public-pension average of 75.5%.
Healthy Threshold
Plans above 80% are generally considered adequately funded by NASRA standards.
Participant Composition
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.
Historical Funded Ratio
| Year | Funded Ratio |
|---|---|
| 2024 | 87.2% |
| 2023 | 84.3% |
| 2022 | 83.3% |
| 2021 | 68.2% |
| 2020 | 52.1% |
| 2019 | 53.1% |
| 2018 | 54.1% |
| 2017 | 49.5% |
| 2016 | 57.3% |
| 2015 | 57.3% |
| 2014 | 57.3% |
| 2013 | 66.9% |
| 2012 | 70.7% |
| 2011 | 76.6% |
| 2010 | 83.8% |
| 2009 | 86.4% |
| 2008 | 90.3% |
| 2007 | 88.5% |
| 2006 | 93.7% |
| 2005 | 96.4% |
What the Data Says About Dallas Police and Fire
Dallas Police and Fire reports a funded ratio of 84.3% as of fiscal year 2023, earning a financial health grade of B in the Public Plans Database. The plan holds N/A in market assets against an unfunded liability of N/A. As a Police & Fire plan operating under Texas sponsorship, it covers 10,547 members (4,921 active contributors, 5,372 retirees drawing benefits).
Dallas Police and Fire ranks among the better-funded plans in the database, 9 points above the 75.5% national average across tracked plans. A 5-year average investment return of 8.5% factors into the plan's overall trajectory.
For Texas taxpayers and plan members, the N/A unfunded gap is the actuarial shortfall this plan must close over time.
Where this data comes from + how funding gaps get resolved
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.
Membership
4,921
Active Members
5,372
Retirees
10,547
Total Members
Plan Details
- Plan Type
- Police & Fire
- State
- Texas
Source: Public Plans Database (PPD)
Boston College CRR / NASRA
Boston College CRR / NASRA
Plans With a Similar Funded Ratio
The closest plans nationwide to Dallas Police and Fire's 84.3% funded ratio.
Other Texas Plans
- Houston Municipal 89.4%
- Austin Police 80.5%
- Texas County & District Retirement System 75.1%
- Dallas ERS 75.0%
- Texas Employees Retirement System 72.8%
Frequently Asked Questions
Is Dallas Police and Fire fully funded?
Dallas Police and Fire has a funded ratio of 84.3% as of FY2023, earning a health grade of B. A funded ratio measures reported actuarial assets relative to reported accrued liabilities. It is useful context, but it cannot on its own predict future contributions, benefits, or public-policy decisions.
What happens if Dallas Police and Fire runs out of money?
Public plans are governed under state and local rules that differ by jurisdiction. The PPD figures shown here are financial data, not a finding about benefit security or taxpayer obligations.
What does a funded ratio of 84.3% mean?
A funded ratio of 84.3% means that Dallas Police and Fire currently has assets equal to 84.3% of its projected benefit obligations. The unfunded liability, the gap between assets and liabilities, stands at N/A. This is considered adequately funded.
How does Dallas Police and Fire compare to other public pensions?
Dallas Police and Fire is a Police & Fire plan in Texas serving 10,547 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 75.5%. Dallas Police and Fire's funded ratio of 84.3% places it above the national average, reflecting strong fiscal management.
How many members does Dallas Police and Fire have?
Dallas Police and Fire covers 10,547 total members, including 4,921 active employees and 5,372 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.
Related
Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension
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.
Data sources used on this page
- Public Plans Database (PPD) - funded ratios, assets, liabilities, and member counts for US state and local public pension plans, maintained by the Boston College Center for Retirement Research with MissionSquare Research Institute and NASRA. publicplansdata.org
- NASRA - National Association of State Retirement Administrators public-pension actuarial and policy references. nasra.org
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.