Plan

St. Louis Police

State

Missouri

Funded Ratio

95.5%

Assets

$833M

Members

2,936

Health Grade: B — Adequately funded — meeting most funding benchmarks

FY2023 data Grade B Public Plans Database

St. Louis Police

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

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By Kiznis Studio Editorial · June 2026 · Missouri · Police & Fire Plan · Data through FY2023

Financial Health Grade

Adequately funded — meeting most funding benchmarks

Funded Ratio

95.5%

actuarial assets / liabilities

Unfunded Liability

$40M

actuarial shortfall

Total Members

2,936

active + retired + vested

1-Year Return

8.1%

net investment return

2.9pp vs 5-yr avg

5-Year Avg Return

5.2%

annualized, net of fees

ARC Payment

25.5%

of actuarially required contribution

How St. Louis Police Funded Ratio Compares

Plan Funded Ratio 95.5%

National avg

A ratio of 95.5% 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

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

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	Assets	Unfunded	Members
2024	N/A	N/A	N/A	N/A
2023	N/A	$833M	N/A	2,936
2022	95.5%	$792M	$38M	3,041
2021	90.7%	$932M	$96M	3,115
2020	87.0%	$799M	$119M	3,219
2019	85.5%	$785M	$133M	3,203
2018	84.8%	$796M	$143M	3,181
2017	85.3%	$777M	$133M	3,169
2016	86.7%	$709M	$109M	3,173
2015	88.7%	$685M	$88M	3,145
2014	86.4%	$729M	$115M	3,164
2013	85.0%	$706M	$125M	3,185
2012	73.0%	$596M	$221M	3,212
2011	74.0%	$640M	$225M	3,267
2010	81.0%	$609M	$143M	3,234
2009	90.0%	$657M	$73M	N/A
2008	98.0%	$809M	$17M	N/A
2007	107.0%	$714M	$-47M	N/A
2006	N/A	$690M	N/A	N/A
2005	N/A	$657M	N/A	N/A

What the Data Says About St. Louis Police

St. Louis Police reports a funded ratio of 95.5% as of fiscal year 2023, earning a financial health grade of B in the Public Plans Database. The plan holds $833M in market assets against an unfunded liability of $40M. As a Police & Fire plan operating under Missouri sponsorship, it covers 2,936 members (962 active contributors, 1,974 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 St. Louis Police has substantial assets to meet projected obligations, placing it above the national public-pension average of roughly 72–75%. Employer contributions covered 25.5% of the Annual Required Contribution in the most recent reporting cycle, while the plan posted a 5-year average investment return of 5.2%. 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 $40M 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 St. Louis 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

962

Active Members

1,974

Retirees

2,936

Total Members

Plan Details

Plan Type: Police & Fire
State: Missouri
Market Assets: $833M
ARC Payment: 25.5%

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

Other Missouri Plans

Kansas City Police 98.6%
Missouri State Employees Retirement System 97.2%
Missouri Public School and Education Employees Retirement Systems 86.7%
St. Louis Firemen 86.2%
St. Louis Public School Retirement System 82.8%

All Missouri plans →

Related Resources

Pension Guides

Frequently Asked Questions

Is St. Louis Police fully funded?

St. Louis Police has a funded ratio of 95.5% 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 St. Louis Police runs out of money?

Public pension plans like St. Louis 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 95.5% mean?

A funded ratio of 95.5% means that St. Louis Police currently has assets equal to 95.5% of its projected benefit obligations. The unfunded liability — the gap between assets and liabilities — stands at $40M. This is considered adequately funded.

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

St. Louis Police is a Police & Fire plan in Missouri serving 2,936 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 72–75%. St. Louis Police's funded ratio of 95.5% places it above the national average, reflecting strong fiscal management.

How many members does St. Louis Police have?

St. Louis Police covers 2,936 total members, including 962 active employees and 1,974 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 St. Louis Police?

St. Louis Police pays 25.5% of its Annual Required Contribution (ARC). Consistently underpaying the ARC accelerates the growth of unfunded liabilities and places future benefits at greater risk. Employer contribution patterns are tracked annually in the Public Plans Database.

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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

U.S. Census Bureau ACS — demographic + housing + income data. census.gov/programs-surveys/acs
BLS Occupational Employment and Wage Statistics (OEWS) — wage + employment by occupation. bls.gov/oes
BEA Regional Economic Accounts — GDP + personal income by state/metro. bea.gov/data/regional
U.S. Census Bureau County Business Patterns — establishment + employment by industry. census.gov/cbp
IRS Statistics of Income (SOI) — tax-return aggregate data. irs.gov/statistics
data.gov — U.S. federal open-data portal — discovery layer for additional federal sources. data.gov