Attachment F - Pension Policy - June 2023.pdf

City of Phoenix — Formal (2023-06-14)

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Attachment F:
Historical Total Funding Percentage of Pension Plans
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
2012‐13
2013‐14
2014‐15
2015‐16
2016‐17
2017‐18
2018‐19
2019‐20
2020‐21
2021‐22
 COPERS
 PSPRS‐Police
 PSPRS‐Fire
Funding Percentage
Largest U.S. Cities 
Median 78%
*
*S&P Global Ratings – “Recent Pension Funding Gains For Largest U.S. Cities Are Expected To Be Short-Lived,” September 26, 2022.