US public pension profile
Kansas City Missouri Employees' Retirement System
Funding, investment choices and long-term returns.
Missouri ·Fiscal year 2025
Fiscal year 2025 at a glance
- Market value of assets
- USD 1.2 billion
- Total membership
- 6,635
- Funded ratio
- 79.58%
- Assumed investment return
- 7.00%
Asset allocation in 2025
Returns to 2025
| One year | 8.14% |
|---|---|
| Five years | 7.16% |
| Ten years | 5.54% |
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 0.6 billion | 5,652 | 108.71% | 7.75% |
| 2002 | USD 0.6 billion | 5,502 | 100.53% | 7.75% |
| 2003 | USD 0.6 billion | 5,554 | 88.32% | 7.75% |
| 2004 | USD 0.7 billion | 5,530 | 84.72% | 7.75% |
| 2005 | USD 0.7 billion | 5,665 | 82.57% | 7.75% |
| 2006 | USD 0.8 billion | 5,646 | 93.12% | 7.75% |
| 2007 | USD 0.9 billion | 5,691 | 97.12% | 7.75% |
| 2008 | USD 0.9 billion | 5,838 | 93.51% | 7.50% |
| 2009 | USD 0.6 billion | 5,788 | 72.83% | 7.50% |
| 2010 | USD 0.8 billion | 5,492 | 75.35% | 7.50% |
| 2011 | USD 0.9 billion | 5,786 | 79.80% | 7.50% |
| 2012 | USD 0.9 billion | 5,597 | 79.11% | 7.50% |
| 2013 | USD 0.9 billion | 5,639 | 80.71% | 7.50% |
| 2014 | USD 1.0 billion | 5,651 | 83.67% | 7.50% |
| 2015 | USD 1.1 billion | 5,726 | 86.53% | 7.50% |
| 2016 | USD 1.0 billion | 5,844 | 83.26% | 7.50% |
| 2017 | USD 1.1 billion | 5,964 | 83.52% | 7.50% |
| 2018 | USD 1.2 billion | 6,112 | 84.41% | 7.50% |
| 2019 | USD 1.2 billion | 6,215 | 85.43% | 7.50% |
| 2020 | USD 1.1 billion | 6,405 | 83.76% | 7.50% |
| 2021 | USD 1.3 billion | 6,512 | 85.86% | 7.00% |
| 2022 | USD 1.2 billion | 6,655 | 84.70% | 7.00% |
| 2023 | USD 1.2 billion | 7,036 | 80.88% | 7.00% |
| 2024 | USD 1.2 billion | 6,635 | 79.58% | 7.00% |
| 2025 | USD 1.2 billion | 6,635 | 79.58% | 7.00% |
Asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 80.20% | 15.80% | 0.00% | 0.00% | 0.00% | 3.99% |
| 2002 | 45.31% | 49.11% | 0.00% | 0.00% | 0.00% | 5.56% |
| 2003 | 61.94% | 31.81% | 0.00% | 0.00% | 0.00% | 6.24% |
| 2004 | 57.34% | 42.66% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2005 | 70.19% | 29.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2006 | 65.15% | 30.03% | 0.00% | 4.81% | 0.00% | 0.00% |
| 2007 | 65.71% | 29.48% | 1.63% | 3.14% | 0.00% | 0.00% |
| 2008 | 61.88% | 32.86% | 1.74% | 3.52% | 0.00% | 0.00% |
| 2009 | 62.19% | 32.69% | 1.44% | 3.68% | 0.00% | 0.00% |
| 2010 | 51.35% | 32.63% | 0.00% | 3.20% | 11.31% | 1.50% |
| 2011 | 54.80% | 30.10% | 0.00% | 3.20% | 11.00% | 0.90% |
| 2012 | 52.80% | 29.50% | 0.00% | 5.10% | 11.10% | 1.50% |
| 2013 | 55.80% | 26.60% | 0.00% | 5.20% | 11.20% | 1.20% |
| 2014 | 59.04% | 24.38% | 0.00% | 5.10% | 9.89% | 1.60% |
| 2015 | 58.02% | 24.75% | 0.00% | 5.21% | 11.02% | 1.00% |
| 2016 | 52.30% | 26.00% | 0.00% | 9.30% | 11.20% | 1.20% |
| 2017 | 53.11% | 24.80% | 0.00% | 9.94% | 11.25% | 0.90% |
| 2018 | 54.30% | 23.37% | 0.00% | 9.81% | 11.05% | 1.48% |
| 2019 | 44.75% | 33.44% | 0.00% | 7.50% | 11.14% | 1.03% |
| 2020 | 44.49% | 32.35% | 0.00% | 8.08% | 11.00% | 1.88% |
| 2021 | 50.44% | 28.52% | 0.00% | 6.92% | 9.33% | 3.02% |
| 2022 | 48.36% | 31.08% | 0.00% | 8.14% | 9.75% | 0.76% |
| 2023 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2024 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2025 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
Investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | -1.76% | Not reported | Not reported |
| 2002 | -0.60% | Not reported | Not reported |
| 2003 | -5.20% | Not reported | Not reported |
| 2004 | 18.60% | Not reported | Not reported |
| 2005 | 9.50% | 3.75% | Not reported |
| 2006 | 18.20% | 7.66% | Not reported |
| 2007 | 12.40% | 10.34% | Not reported |
| 2008 | -2.70% | 10.92% | Not reported |
| 2009 | -25.70% | 1.01% | Not reported |
| 2010 | 27.80% | 4.18% | 3.97% |
| 2011 | 14.70% | 3.56% | 5.59% |
| 2012 | 0.70% | 1.31% | 5.73% |
| 2013 | 12.40% | 4.27% | 7.54% |
| 2014 | 11.50% | 13.09% | 6.88% |
| 2015 | 8.36% | 9.42% | 6.77% |
| 2016 | -2.50% | 5.92% | 4.74% |
| 2017 | 10.46% | 7.90% | 4.55% |
| 2018 | 9.28% | 7.30% | 5.77% |
| 2019 | 5.32% | 6.08% | 9.53% |
| 2020 | -2.16% | 3.93% | 6.64% |
| 2021 | 27.14% | 9.60% | 7.75% |
| 2022 | -5.20% | 6.30% | 7.10% |
| 2023 | 0.43% | 4.52% | 5.90% |
| 2024 | 7.97% | 5.04% | 5.56% |
| 2025 | 8.14% | 7.16% | 5.54% |