Plan
Kansas City Police
State
Missouri
Funded Ratio
98.6%
Assets
$1.12B
Members
3,546
Health Grade: B — Adequately funded — meeting most funding benchmarks
FY2023 data Grade B Public Plans Database

Kansas City Police

Funded ratio, unfunded liability, member counts, ARC coverage, and 23-year financial history for Kansas City Police — sourced from the Public Plans Database (Boston College CRR) and cross-checked against actuarial valuations.

Browse all states → How we grade plans

By · · Missouri · Police & Fire Plan · Data through FY2023

Funded Ratio: 98.6% (Healthy) Kansas City Police funded ratio compared to national public pension benchmark. FUNDED RATIO 98.6% Healthy Nat'l avg 73.5% 0% 60 70 80 100% Healthy > 80% · At-risk 70-80% · Critical < 60%
Kansas City Police funded ratio is 98.6 percent — classified as Healthy. National public-pension benchmark is 73.5 percent.
B
Financial Health Grade
Adequately funded — meeting most funding benchmarks

Funded Ratio

98.6%

actuarial assets / liabilities

Unfunded Liability

$16M

actuarial shortfall

Total Members

3,546

active + retired + vested

1-Year Return

10.4%

net investment return

3.0pp vs 5-yr avg

5-Year Avg Return

7.4%

annualized, net of fees

How Kansas City Police Funded Ratio Compares

Plan Funded Ratio 98.6%
National avg

A ratio of 98.6% compared against the national public-pension average of 73.5%.

Healthy Threshold

Plans above 80% are generally considered adequately funded by NASRA standards.

Participant Composition

Participants: 1.6K active, 1.8K retired, 0 separated Plan participant breakdown showing active workers, retirees, and separated-vested members. PARTICIPANT MIX 3.5K total members 45% 52% Active 1.6K Retired 1.8K Separated 0 Active-to-Retiree 0.86 · Mature / At Risk
Plan participant breakdown: 1.6K active workers, 1.8K retirees, 0 separated-vested members. Sustainability rating: Mature / At Risk.

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.

Investment Policy Mix

Asset Allocation: 55% equity, 25% fixed income, 17% alternatives Kansas City Police investment policy mix as reported in Form 5500 Schedule H disclosures. ASSET ALLOCATION $1.1B market assets · Form 5500 Schedule H 55% 25% 17% Equity 55.0% Fixed Inc. 25.0% Alternatives 17.0% Cash 3.0% Investment Stance: Growth-Tilted · Equity + Alts 72%
Kansas City Police asset allocation: 55% equity, 25% fixed income, 17% alternatives, 3% cash. Investment stance: Growth-Tilted.

Public pension plans report their asset allocation in Form 5500 Schedule H Part I disclosures. Equity-heavy mixes capture market upside but introduce volatility; fixed-income tilts protect funded status during downturns at the cost of long-run return.

Historical Funded Ratio

Year Funded Ratio
2024 N/A
2023 N/A
2022 98.6%
2021 N/A
2020 66.4%
2019 N/A
2018 61.9%
2017 N/A
2016 60.3%
2015 N/A
2014 60.8%
2013 N/A
2012 62.4%
2011 N/A
2010 46.9%
2009 N/A
2008 43.1%
2007 N/A
2006 49.6%
2005 N/A

What the Data Says About Kansas City Police

Kansas City Police reports a funded ratio of 98.6% as of fiscal year 2023, earning a financial health grade of B in the Public Plans Database. The plan holds $1.12B in market assets against an unfunded liability of $16M. As a Police & Fire plan operating under Missouri sponsorship, it covers 3,546 members (1,583 active contributors, 1,847 retirees drawing benefits). These figures aggregate from Form 5500 filings submitted to the Department of Labor and actuarial valuations reported through NASRA.

A funded ratio above 80% signals that Kansas City Police has substantial assets to meet projected obligations, placing it above the national public-pension average of roughly 72–75%. Annual Required Contribution data was not reported for the latest cycle, while the plan posted a 5-year average investment return of 7.4%. The relationship between contribution adequacy and investment performance determines whether the unfunded liability narrows or expands year over year.

For Missouri taxpayers and plan members, the $16M unfunded gap represents the actuarial shortfall that must eventually be closed through a combination of contributions, investment returns, or benefit modifications. Unlike private-sector pensions governed by ERISA and backstopped by the PBGC, public plans like Kansas City Police rely on the full faith and credit of Missouri — meaning funding shortfalls flow through to state and local budgets rather than a federal insurance program. This information summarizes official Public Plans Database disclosures and is provided for research and educational purposes only. It is not financial, legal, or retirement-planning advice; active and retired members with specific benefit questions should consult their plan administrator directly.

Membership

1,583
Active Members
1,847
Retirees
3,546
Total Members

Plan Details

Plan Type
Police & Fire
State
Missouri
Market Assets
$1.12B
Source: Public Plans Database (PPD)
Boston College CRR / NASRA

Other Missouri Plans

All Missouri plans →

Related Resources

Pension Guides

Frequently Asked Questions

Is Kansas City Police fully funded?

Kansas City Police has a funded ratio of 98.6% as of FY2023, earning a health grade of B. A funded ratio of 100% means the plan has enough assets to cover all projected liabilities. Ratios above 80% are generally considered adequately funded; ratios below 60% indicate significant underfunding and risk to future benefits.

What happens if Kansas City Police runs out of money?

Public pension plans like Kansas City Police are backed by the sponsoring government entity — in this case Missouri. If a plan's assets are insufficient, the state or local government is typically required to make up the difference through increased contributions, benefit adjustments, or tax measures. Unlike private pensions, public pensions are not insured by the PBGC, but they do carry the full faith and credit of the sponsoring government.

What does a funded ratio of 98.6% mean?

A funded ratio of 98.6% means that Kansas City Police currently has assets equal to 98.6% of its projected benefit obligations. The unfunded liability — the gap between assets and liabilities — stands at $16M. This is considered adequately funded.

How does Kansas City Police compare to other public pensions?

Kansas City Police is a Police & Fire plan in Missouri serving 3,546 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 72–75%. Kansas City Police's funded ratio of 98.6% places it above the national average, reflecting strong fiscal management.

How many members does Kansas City Police have?

Kansas City Police covers 3,546 total members, including 1,583 active employees and 1,847 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.

What is the ARC payment percentage for Kansas City Police?

ARC payment data is not currently available for Kansas City Police. The Annual Required Contribution (ARC) is the actuarially determined amount a plan sponsor should contribute each year to keep the pension on track. Employer contribution patterns are tracked annually in the Public Plans Database.

Related

Browse all → | Rankings →
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 Kiznis Studio Editorial

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.

All federal data sources used on this page