Miami (FL) 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
Miami (FL) Fire and Police (Florida) reported $1.8bn of assets for fiscal year 2024, a one-year investment return of 17.8%, and was 53.3% funded — in the strained sub-60% range.
| Total assets (FY 2024) | $1.8bn |
| 1-year return | 17.8% |
| 5-year return (annualised) | 7.4% |
| 10-year return (annualised) | 6.8% |
| Funded ratio (GASB) | 53.3% |
How the money is invested (asset allocation)
Miami (FL) Fire and Police held 55.8% of its assets in public equities and 29.5% in fixed income (bonds) for fiscal year 2024 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 55.8% |
| Fixed income (bonds) | 29.5% |
| Private equity | 7.2% |
| Real estate | 6.8% |
| Commodities | 0.4% |
| Cash | 0.3% |
| Hedge funds | 0.0% |
Compare Miami (FL) Fire and Police with similar plans
The plans most worth reading Miami (FL) 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 |
|---|---|---|---|---|
| Florida RS (FRS) | $212.6bn | 10.3% | 82.2% | Same state — Florida |
| Jacksonville (FL) Police and Fire | $2.6bn | 20.8% | 44.1% | Same state — Florida |
| Jacksonville (FL) ERS | $2.2bn | 10.8% | 52.9% | Same state — Florida |
| Miami (FL) General and Sanitation | $1.1bn | 13.0% | 71.5% | Same state — Florida |
| Detroit (MI) General RS | $1.8bn | 10.3% | 67.3% | Similar size |
| Cincinnati (OH) ERS | $1.8bn | 10.6% | 72.0% | Similar size |
Questions this page answers
How much does Miami (FL) Fire and Police have in assets?
Miami (FL) Fire and Police reported $1.8bn in total assets for fiscal year 2024, as compiled by the Public Plans Database.
What return did Miami (FL) Fire and Police make on its investments?
Miami (FL) Fire and Police reported a 17.8% one-year investment return for fiscal year 2024, and 6.8% a year over the past ten years, per the Public Plans Database.
Is Miami (FL) Fire and Police fully funded?
Miami (FL) Fire and Police was 53.3% funded for fiscal year 2024 — in the strained range, near 60% or below. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Miami (FL) Fire and Police's money invested?
Miami (FL) Fire and Police held 55.8% of its assets in public equities and 29.5% in fixed income (bonds), its largest sleeves for fiscal year 2024 (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.