Is St. Louis Employees fully funded?

St. Louis Employees has a source-reconciled actuarial funded ratio of 73.5% as of FY2024, earning a health grade of C. The reported ratio shows actuarial assets divided by actuarial accrued liabilities for the stated fiscal year. Its interpretation depends on the plan's assumptions, valuation date, and contribution history.

What happens if St. Louis Employees runs out of money?

A public plan's reported ratio is only one part of its financial picture. PlainPension does not predict actions by St. Louis Employees, Missouri, or any public body.

What does a funded ratio of 73.5% mean?

A funded ratio of 73.5% means that St. Louis Employees reported actuarial assets equal to 73.5% of its accrued liabilities at that valuation date. The source-reported actuarial unfunded liability stands at $312M. This represents a moderate funding gap that requires ongoing monitoring.

How does St. Louis Employees compare to other public pensions?

St. Louis Employees is a General State plan in Missouri serving 12,384 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 75.5%. St. Louis Employees's source-reconciled actuarial funded ratio of 73.5% places it near the national average.

How many members does St. Louis Employees have?

St. Louis Employees covers 12,384 total members, including 4,602 active employees and 5,116 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.

FY2024 source-reconciled actuarial data · Public Plans Database

St. Louis Employees

The Public Plans Database's 23-year record for St. Louis Employees: funded ratio, unfunded liability, member counts, and investment returns, compiled by Boston College CRR and cross-checked against actuarial valuations.

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By PlainPension · July 2026 · Missouri · General State Plan · Data through FY2024

Actuarial funded ratio: 73.5%
Health grade: CReported funded ratio below full funding
Actuarial assets: $865M
Members: 12,384

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, St. Louis Employees is one of 197 public pension plans tracked nationwide. The plan card reports source-reconciled actuarial figures through FY2024; the multi-year table includes only years whose reported ratio ties to its actuarial dollars. This site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

Sliding funded-ratio path

St. Louis Employees lost 12.5 points from FY2001 (86.0%) to FY2024 (73.5%) on the reconciled series.

St. Louis Employees on a sliding funded path

According to the Public Plans Database, St. Louis Employees lost 12.5 points on the reconciled series from FY2001 to FY2024, and now reports 73.5% (grade C).

73.5%
Funded · #70 of 192: C
Health grade: $312M
Actuarial unfunded liability: -12.5pp
FY2001→FY2024

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Actuarial Unfunded Liability

$312M

Below-median unfunded liability · source-reported UAAL

Total Members

12,384

active + retired + vested

1-Year Return

0.4%

Below assumed rate · net investment return

-5.2pp vs 5-yr avg

5-Year Avg Return

5.6%

Near assumed rate · annualized, net of fees

Composite Health Score

46/100

St. Louis Employees

Transparent derived index from public pension-plan filings, not an official rating. A 4-dimension composite (funded ratio, contribution discipline, 5-year investment return, unfunded burden), each scored against this dataset's own percentile distribution across 197 reporting plans. Not the same as the plan's headline funded-ratio grade above. See the exact dimensions, weights, and formula.

Funded Ratio D

73.5%

Actuarial assets as a share of liabilities

Contribution Discipline B

104.0%

Share of the actuarially required contribution actually paid

Investment Returns F

5.6%

5-year annualized investment return

Unfunded Burden D

26.0%

Unfunded liability as a share of total obligations

How this score is calculated (benchmark table)

Dimension	P10	P25	P50	P75	P90	Weight
Funded ratio (higher = better)	57.6%	67.2%	75.0%	87.0%	97.6%	0.35
Contribution discipline (ARC) (higher = better)	88.4%	100.0%	100.0%	104.1%	122.1%	0.25
5yr investment return (higher = better)	6.4%	7.5%	8.3%	9.1%	9.9%	0.20
Unfunded burden (lower = better)	2.0%	12.7%	25.0%	33.1%	42.4%	0.20

Percentiles computed across all 197 plans in this database with a reported value for that metric (2026-09-09). A dimension a plan does not report drops out of its composite, and that weight redistributes across the dimensions it does report, so thin reporting never silently lowers a score relative to a fully-reported peer.

Participant Composition

Investment Policy Mix

What changed, FY2023 to FY2024

0 pts funded ratio

St. Louis Employees's funded ratio was effectively unchanged from FY2023 to FY2024, moving 0.0 points, with assets and accrued liability growing at a similar pace.

Funded ratio

73.5% → 73.5%

Actuarial assets

$847M → $865M (+2.1%)

Accrued liability

$1.15B → $1.18B (+2.2%)

Where the 0.0-point move came from

Assets: +1.6 pts
Accrued liability: -1.6 pts

Accrued liability is the source-reported value for benefits already promised. The two contributions are the move the ratio would have made on the prior year’s liability (assets) and the remainder (liability); they sum to the total by construction. Both years shown provide source-reconciled actuarial assets and liability, so neither figure rests on a ratio published on its own. Source: Public Plans Database (Boston College CRR / NASRA), loaded July 2026. See our funding-change board for how this plan’s move compares with the rest of the dataset.

Historical Actuarial Funding

Year	Actuarial Ratio	Assets	Liabilities	UAAL	Members	ARC	1yr return
2024	73.5%	$865M	$1.18B	$312M	N/A	105.7%	8.0%
2023	73.5%	$847M	$1.15B	$306M	12,384	104.0%	0.4%
2022	76.9%	$861M	$1.12B	$259M	12,156	110.0%	-5.2%
2021	79.3%	$868M	$1.09B	$227M	12,264	93.4%	27.1%
2020	77.6%	$841M	$1.08B	$243M	12,435	101.5%	-2.2%
2019	81.8%	$831M	$1.02B	$185M	12,487	106.0%	5.3%
2018	83.4%	$831M	$997M	$166M	12,392	104.6%	9.3%
2017	82.7%	$819M	$991M	$172M	12,348	107.6%	10.5%
2016	81.9%	$798M	$974M	$176M	12,305	112.6%	-2.5%
2015	80.6%	$770M	$955M	$185M	12,247	112.1%	8.4%
2014	80.9%	$738M	$912M	$174M	12,190	108.0%	11.5%
2013	77.1%	$685M	$889M	$204M	12,115	98.2%	12.4%
2012	75.3%	$653M	$867M	$214M	11,913	95.5%	0.7%
2011	78.6%	$662M	$842M	$180M	11,797	99.3%	14.7%
2010	81.8%	$672M	$821M	$149M	11,915	95.2%	27.8%
2009	84.0%	$668M	$795M	$127M	12,076	104.5%	-25.7%
2008	88.0%	$674M	$766M	$92M	12,068	120.0%	-2.7%
2007	88.3%	$647M	$733M	$86M	11,966	240.9%	12.4%
2006	79.6%	$554M	$696M	$142M	11,866	53.5%	18.2%
2005	79.2%	$528M	$666M	$138M	11,903	53.9%	9.5%

What the Data Says About St. Louis Employees

St. Louis Employees shows a comfortably above-average funding position, 2 points below the 75.5% national average across tracked plans. A 5-year average investment return of 5.6% factors into the plan's overall trajectory.

For Missouri taxpayers and plan members, the $312M source-reported actuarial unfunded liability is the 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

4,602

Active Members

5,116

Retirees

12,384

Total Members

Plan Details

Plan Type: General State
State: Missouri
Market Assets: $887M

Source: Public Plans Database (PPD)
Boston College CRR / NASRA

Plans With a Similar Funded Ratio

The closest plans nationwide to St. Louis Employees's 80.9% funded ratio.

Showing 5 of 191 plans nationwide with a reported funded ratio.

Austin Police 80.5%
St. Louis Public School Retirement System 81.3%
Arkansas Public Employees Retirement System 81.4%
Hawaii Employees Retirement System 81.4%
Los Angeles Water and Power 81.6%

Other Missouri Plans

Kansas City Police 98.6%
St. Louis Police 95.5%
Missouri State Employees Retirement System 95.1%
St. Louis Firemen 86.2%
Missouri Public School and Education Employees Retirement Systems 83.6%

All Missouri plans →

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Cite this page

PlainPension, “St. Louis Employees: Funded Ratio, Assets, and Actuarial Data.” Compiled from the Public Plans Database (PPD), compiled by the Boston College Center for Retirement Research with MissionSquare Research Institute and NASRA; data as of FY2023 plan card; history through FY2024. https://plainpension.com/plan/st-louis-employees

Formal citation formats (APA / MLA)

APA: PlainPension. (2023). St. Louis Employees: Funded Ratio, Assets, and Actuarial Data. Retrieved September 23, 2026, from https://plainpension.com/plan/st-louis-employees

MLA: "St. Louis Employees: Funded Ratio, Assets, and Actuarial Data." PlainPension, 2023, https://plainpension.com/plan/st-louis-employees.

You are welcome to quote these figures with attribution to PlainPension and the underlying source. The URL above is stable. See our Terms of Use for what reuse is permitted.

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. St. Louis Employees ranks #70 of 192 by funded ratio and #133 of 190 by membership. This information is for informational purposes only and does not constitute professional advice, consult a qualified professional before acting on it. See our editorial standards & corrections policy, the typed corrections pathway, the methodology behind these numbers, or report a data error. Data current as of July 2026.

Compiled by PlainPension · July 23, 2026