US public pension profile
Kansas City, MO Fire Retirement System.
Funding, investment choices and long-term returns.
Missouri ·Fiscal year 2025
Fiscal year 2025 at a glance
- Market value of assets
- USD 0.7 billion
- Total membership
- 2,081
- Funded ratio
- 70.18%
- Assumed investment return
- 7.00%
Asset allocation in 2025
Returns to 2025
| One year | 7.49% |
|---|---|
| Five years | 7.88% |
| Ten years | 6.16% |
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 0.3 billion | 1,565 | 93.90% | 8.00% |
| 2002 | USD 0.3 billion | 1,625 | 87.44% | 8.00% |
| 2003 | USD 0.3 billion | 1,673 | 82.31% | 8.00% |
| 2004 | USD 0.4 billion | 1,752 | 82.98% | 8.00% |
| 2005 | USD 0.4 billion | 1,811 | 84.62% | 8.00% |
| 2006 | USD 0.4 billion | 1,811 | 87.87% | 8.00% |
| 2007 | USD 0.5 billion | 1,811 | 92.10% | 8.00% |
| 2008 | USD 0.4 billion | 1,807 | 93.41% | 7.75% |
| 2009 | USD 0.3 billion | 1,793 | 69.67% | 7.75% |
| 2010 | USD 0.4 billion | 1,772 | 84.29% | 7.75% |
| 2011 | USD 0.4 billion | 1,809 | 81.85% | 7.75% |
| 2012 | USD 0.4 billion | 1,829 | 78.54% | 7.75% |
| 2013 | USD 0.4 billion | 1,833 | 76.44% | 7.75% |
| 2014 | USD 0.5 billion | 1,821 | 77.57% | 7.50% |
| 2015 | USD 0.5 billion | 1,834 | 78.94% | 7.50% |
| 2016 | USD 0.5 billion | 1,860 | 78.32% | 7.50% |
| 2017 | USD 0.5 billion | 1,910 | 70.48% | 7.25% |
| 2018 | USD 0.5 billion | 1,918 | 70.80% | 7.25% |
| 2019 | USD 0.6 billion | 1,941 | 70.33% | 7.25% |
| 2020 | USD 0.5 billion | 1,964 | 68.94% | 7.25% |
| 2021 | USD 0.7 billion | 1,991 | 72.17% | 7.25% |
| 2022 | USD 0.6 billion | 1,999 | 72.76% | 7.00% |
| 2023 | USD 0.6 billion | 2,029 | 70.17% | 7.00% |
| 2024 | USD 0.6 billion | 2,081 | 70.18% | 7.00% |
| 2025 | USD 0.7 billion | 2,081 | 70.18% | 7.00% |
Asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2002 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2003 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2004 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2005 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2006 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2007 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2008 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2009 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2010 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2011 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2012 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2013 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2014 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2015 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2016 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2017 | 38.37% | 28.15% | 2.12% | 13.52% | 14.36% | 0.00% |
| 2018 | 36.48% | 29.94% | 1.82% | 13.86% | 17.90% | 0.00% |
| 2019 | 35.53% | 30.15% | 1.40% | 13.18% | 19.73% | 0.00% |
| 2020 | 38.36% | 31.31% | 1.08% | 13.15% | 16.10% | 0.00% |
| 2021 | 39.93% | 30.49% | 0.95% | 13.08% | 15.55% | 0.00% |
| 2022 | 33.20% | 29.57% | 0.78% | 18.49% | 17.97% | 0.00% |
| 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 | -1.48% | Not reported | Not reported |
| 2002 | 0.73% | Not reported | Not reported |
| 2003 | -6.54% | Not reported | Not reported |
| 2004 | 21.96% | Not reported | Not reported |
| 2005 | 7.16% | 3.92% | Not reported |
| 2006 | 17.63% | 7.67% | Not reported |
| 2007 | 10.57% | 9.70% | Not reported |
| 2008 | -4.48% | 10.18% | Not reported |
| 2009 | -30.18% | -1.45% | Not reported |
| 2010 | 33.40% | 2.96% | 3.44% |
| 2011 | 13.94% | 2.31% | 4.96% |
| 2012 | 0.91% | 0.46% | 4.97% |
| 2013 | 11.08% | 3.53% | 6.80% |
| 2014 | 10.85% | 13.56% | 5.79% |
| 2015 | 7.19% | 8.70% | 5.79% |
| 2016 | -1.50% | 5.58% | 3.93% |
| 2017 | 12.89% | 7.98% | 4.15% |
| 2018 | 9.53% | 7.67% | 5.58% |
| 2019 | 4.62% | 6.43% | 9.94% |
| 2020 | -2.35% | 4.47% | 6.56% |
| 2021 | 30.32% | 10.48% | 8.00% |
| 2022 | -4.45% | 6.86% | 7.42% |
| 2023 | 0.43% | 5.02% | 6.34% |
| 2024 | 8.71% | 5.83% | 6.13% |
| 2025 | 7.49% | 7.88% | 6.16% |