How many public pension plans does Florida have?

Florida has 5 public pension plans tracked by the Public Plans Database, covering 1,049,117 total members (#7 of 51 by membership book). Types on this roster include teachers, police and fire, municipal, and general state systems where present.

Is Florida's pension system in crisis?

Florida's public pension plans have an average funded ratio of 82.9% and a total unfunded liability of $26.43B. An average funded ratio above 80% indicates the pension system is in relatively healthy shape. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Florida?

The average funded ratio across all 5 public pension plans in Florida is 82.9% (#11 of 51 among states), based on the most recent Public Plans Database data. A funded ratio of 100% means a plan has sufficient assets to meet all projected obligations. The national average for public pensions is approximately 75.5%. Individual plan ratios in Florida vary; browse the table above to compare specific plans.

Public Plans Database

Florida Public Pension Plans

Name: Florida Public Pension Plans
Creator: Boston College Center for Retirement Research
License: https://www.usa.gov/government-copyright

5 plans · top-third membership book (#7 of 51)

Larger membership book. Florida ranks #7 of 51 by tracked members (1,049,117), top-third membership book among states.

Avg funded ratio: 82.9%
Total unfunded: $26.43B
Total members: 1,049,117
Plans tracked: 5

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Florida’s 5 tracked plans carry a combined unfunded liability of $26.43B at an average funded ratio of 82.9%. Plan cards report FY2023 valuations; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

PPD actuarial excerpt

State roster FL Florida

Florida: avg 82.9% funded (7.4 points above the national average) · 1 D/F grades · unfunded $26.43B

AVG 82.9%
UNF $26.43B
MEM 1,049,117
N 5
DF 1
VS +7.4pt
BEST 128.1%
LOW 24.3%

Funded-ratio peers

Nearest funded-ratio peer: Missouri (83.2%)

Average funded ratio neighbourhood vs Florida (FY2023 plan cards)

1 of 5 published-ratio plans sit under 60% actuarial assets; 1 of 5 carry a D or F health grade. How this roster is sourced →

Florida grade mix on a larger membership book

Health grades across 5 plans (1,049,117 members, #7 of 51) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.

Health-grade counts from the same state plan rows as the roster table

Source: Public Plans Database (Boston College CRR / NASRA) As of FY2023 plan cards; history through FY2024

Average actuarial funded ratio across 5 Florida plans (FY2023 plan cards)

Plan types in Florida

Aggregates from the same FY2023 plan-card rows as the roster below. Averages include only plans that report a funded ratio.

Type	Plans	Avg funded	Members	Assets	Unfunded
General State	3	87.3%	1,039,729	$189.17B	$22.02B
Police & Fire	2	76.2%	9,388	$3.80B	$4.41B

Every tracked plan in Florida

FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.

Plan	Type	Funded	Grade	Assets	Unfunded	Members	ARC	1yr return
Jacksonville Police and Fire	Police & Fire	128.1%	B	$2.23B	$-489M	5,242	99.9%	14.2%
Jacksonville General Employee Pension Plan	General State	98.8%	B	$1.94B	$23M	8,267	99.7%	10.8%
Florida Retirement System	General State	89.6%	B	$186.36B	$21.68B	1,027,328	100.0%	13.4%
Miami General and Sanitation Employees	General State	73.5%	C	$876M	$316M	4,134	100.0%	9.6%
City of Miami Firefighters and Police Officers Retirement Trust	Police & Fire	24.3%	F	$1.57B	$4.90B	4,146	100.0%	11.1%

Read our methodology - how this data is sourced, computed, and verified.

Compare inside Florida’s larger membership roster

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 · Florida roster FY2023

Compiled by PlainPension, Pension Fund Health Editorial Process · July 23, 2026