Los Angeles (CA) Fire and Police — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Los Angeles (CA) Fire and Police (California) reported $30.5bn of assets for fiscal year 2025, a one-year investment return of 11.3%, and was 100.6% funded — at or above the 100% fully-funded mark.
| Total assets (FY 2025) | $30.5bn |
| 1-year return | 11.3% |
| 5-year return (annualised) | 8.9% |
| 10-year return (annualised) | 8.0% |
| Funded ratio (GASB) | 100.6% |
How the money is invested (asset allocation)
Los Angeles (CA) Fire and Police held 49.7% of its assets in public equities and 21.8% in fixed income (bonds) for fiscal year 2025 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 49.7% |
| Fixed income (bonds) | 21.8% |
| Private equity | 16.9% |
| Real estate | 9.6% |
| Cash | 1.0% |
| Hedge funds | 0.6% |
| Commodities | 0.4% |
Compare Los Angeles (CA) Fire and Police with similar plans
The plans most worth reading Los Angeles (CA) Fire and Police against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| California PERF (CalPERS) | $563.0bn | 11.6% | 71.3% | Same state — California |
| California Teachers (CalSTRS) | $370.2bn | 8.5% | 76.7% | Same state — California |
| University of California | $110.8bn | 12.7% | 85.4% | Same state — California |
| LA County (CA) ERS | $86.2bn | 9.7% | 82.0% | Same state — California |
| San Francisco (CA) ERS | $37.5bn | 7.9% | 96.8% | Same state — California |
| Orange County (CA) ERS | $24.0bn | 10.0% | 83.8% | Same state — California |
Questions this page answers
How much does Los Angeles (CA) Fire and Police have in assets?
Los Angeles (CA) Fire and Police reported $30.5bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Los Angeles (CA) Fire and Police make on its investments?
Los Angeles (CA) Fire and Police reported a 11.3% one-year investment return for fiscal year 2025, and 8.0% a year over the past ten years, per the Public Plans Database.
Is Los Angeles (CA) Fire and Police fully funded?
Yes — Los Angeles (CA) Fire and Police was 100.6% funded for fiscal year 2025, at or above the 100% fully-funded target. US public plans face no federal funding minimum, and few clear it (Public Plans Database).
How is Los Angeles (CA) Fire and Police's money invested?
Los Angeles (CA) Fire and Police held 49.7% of its assets in public equities and 21.8% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.