US public pension profile
Kansas City Public School Retirement System
Funding, investment choices and long-term returns.
Missouri ·Fiscal year 2025
Fiscal year 2025 at a glance
- Assumed investment return
- 7.25%
Asset allocation in 2025
Returns to 2025
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 0.7 billion | 9,387 | 102.40% | 8.00% |
| 2002 | USD 0.6 billion | 9,141 | 102.40% | 8.00% |
| 2003 | USD 0.7 billion | 9,223 | 103.10% | 8.00% |
| 2004 | USD 0.7 billion | 8,999 | 102.10% | 8.00% |
| 2005 | USD 0.8 billion | 8,817 | 101.00% | 8.00% |
| 2006 | USD 0.8 billion | 9,832 | 100.80% | 8.00% |
| 2007 | USD 0.9 billion | 10,069 | 109.30% | 8.00% |
| 2008 | USD 0.6 billion | 9,877 | 103.50% | 8.00% |
| 2009 | USD 0.7 billion | 10,028 | 99.40% | 8.00% |
| 2010 | USD 0.7 billion | 9,714 | 93.10% | Not reported |
| 2011 | USD 0.7 billion | 9,682 | 84.90% | 8.00% |
| 2012 | USD 0.7 billion | 9,942 | 80.20% | 8.00% |
| 2013 | USD 0.7 billion | 10,176 | 81.20% | 8.00% |
| 2014 | USD 0.7 billion | 10,104 | 79.90% | 8.00% |
| 2015 | USD 0.6 billion | 10,363 | 77.59% | 8.00% |
| 2016 | USD 0.6 billion | 10,521 | 69.73% | 7.75% |
| 2017 | USD 0.7 billion | 10,843 | 69.18% | 7.75% |
| 2018 | USD 0.6 billion | 11,326 | 66.20% | 7.50% |
| 2019 | USD 0.7 billion | 11,379 | 63.26% | 7.50% |
| 2020 | USD 0.7 billion | 11,318 | 66.48% | 7.25% |
| 2021 | USD 0.8 billion | 11,372 | 69.36% | 7.25% |
| 2022 | USD 0.6 billion | 11,778 | 68.45% | 7.25% |
| 2023 | USD 0.7 billion | 12,188 | 69.12% | 7.25% |
| 2024 | USD 0.7 billion | 12,465 | 68.50% | 7.25% |
| 2025 | Not reported | Not reported | Not reported | 7.25% |
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 | 52.30% | 36.00% | 4.90% | 6.80% | 0.00% | 0.00% |
| 2003 | 61.04% | 29.67% | 3.20% | 6.09% | 0.00% | 0.00% |
| 2004 | 62.74% | 27.17% | 4.20% | 5.89% | 0.00% | 0.00% |
| 2005 | 63.50% | 25.70% | 7.50% | 3.30% | 0.00% | 0.00% |
| 2006 | 63.04% | 25.28% | 5.40% | 6.29% | 0.00% | 0.00% |
| 2007 | 60.44% | 26.87% | 4.60% | 5.30% | 0.00% | 2.80% |
| 2008 | 47.10% | 32.10% | 6.40% | 6.10% | 5.80% | 2.50% |
| 2009 | 55.30% | 26.00% | 2.90% | 3.20% | 9.00% | 3.60% |
| 2010 | 58.90% | 24.30% | 6.10% | 3.50% | 4.90% | 2.30% |
| 2011 | 55.78% | 26.47% | 6.48% | 4.40% | 5.05% | 1.82% |
| 2012 | 49.96% | 18.82% | 3.87% | 6.14% | 14.41% | 1.93% |
| 2013 | 50.80% | 17.04% | 4.24% | 7.99% | 14.85% | 0.58% |
| 2014 | 46.82% | 16.96% | 4.68% | 10.73% | 15.53% | 1.69% |
| 2015 | 46.66% | 16.80% | 4.86% | 11.92% | 15.08% | 1.83% |
| 2016 | 48.20% | 15.90% | 9.90% | 11.40% | 9.40% | 1.90% |
| 2017 | 53.00% | 16.00% | 4.00% | 8.00% | 13.00% | 3.00% |
| 2018 | 46.00% | 18.00% | 5.00% | 10.00% | 17.00% | 4.00% |
| 2019 | 48.00% | 17.00% | 4.00% | 10.00% | 20.00% | 1.00% |
| 2020 | 50.00% | 16.00% | 7.00% | 9.00% | 17.00% | 1.00% |
| 2021 | 46.00% | 17.00% | 9.00% | 9.00% | 18.00% | 1.00% |
| 2022 | 42.68% | 16.98% | 11.33% | 10.93% | 4.60% | 0.70% |
| 2023 | 44.97% | 16.69% | 11.89% | 9.99% | 3.36% | 1.30% |
| 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 | -1.10% | Not reported | Not reported |
| 2002 | -9.40% | 3.40% | Not reported |
| 2003 | 23.60% | 5.20% | Not reported |
| 2004 | 10.90% | 4.60% | Not reported |
| 2005 | 7.90% | 5.80% | 8.70% |
| 2006 | 13.50% | 8.70% | 8.80% |
| 2007 | 6.60% | 12.30% | 7.80% |
| 2008 | -23.60% | 2.00% | 3.60% |
| 2009 | 16.00% | 3.00% | 3.80% |
| 2010 | 13.40% | 4.00% | 4.90% |
| 2011 | 0.80% | 1.59% | 5.10% |
| 2012 | 13.03% | 2.80% | 7.47% |
| 2013 | 12.16% | 10.98% | 6.40% |
| 2014 | 3.60% | 8.65% | 5.77% |
| 2015 | -1.04% | 5.77% | 4.90% |
| 2016 | 7.92% | 7.25% | 4.37% |
| 2017 | 16.90% | 7.70% | 5.21% |
| 2018 | -5.40% | 4.10% | 7.48% |
| 2019 | 18.22% | 6.90% | 7.68% |
| 2020 | 12.50% | 10.30% | 8.00% |
| 2021 | 12.90% | 11.00% | 8.82% |
| 2022 | -12.00% | 4.56% | 6.13% |
| 2023 | 10.60% | 8.10% | 5.98% |
| 2024 | 5.50% | 5.46% | 6.18% |
| 2025 | Not reported | Not reported | Not reported |