US public pension profile
Lexington-Fayette County Policemen's and Firefighters' Retirement Fund
Funding, investment choices and long-term returns.
Kentucky ·Fiscal year 2025
Fiscal year 2025 at a glance
- Market value of assets
- USD 1.0 billion
- Total membership
- 2,597
- Funded ratio
- 71.28%
- Assumed investment return
- 7.00%
Asset allocation in 2025
Returns to 2025
| One year | 10.87% |
|---|---|
| Five years | 3.97% |
| Ten years | 6.32% |
Size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | Not reported | Not reported | 77.60% | Not reported |
| 2002 | Not reported | 0 | 73.10% | Not reported |
| 2003 | Not reported | 865 | 66.10% | Not reported |
| 2004 | Not reported | 1,729 | 70.50% | 8.00% |
| 2005 | USD 0.4 billion | 1,810 | 68.30% | 8.00% |
| 2006 | USD 0.4 billion | 1,890 | 62.80% | 8.00% |
| 2007 | USD 0.4 billion | 1,895 | 63.30% | 8.00% |
| 2008 | USD 0.4 billion | 1,900 | 62.90% | 8.00% |
| 2009 | USD 0.4 billion | 1,945 | 63.10% | 8.00% |
| 2010 | USD 0.4 billion | 1,958 | 69.40% | 8.00% |
| 2011 | USD 0.5 billion | 1,986 | 66.00% | 8.00% |
| 2012 | USD 0.5 billion | 2,011 | 76.50% | 7.50% |
| 2013 | USD 0.6 billion | 2,111 | 72.30% | 7.50% |
| 2014 | USD 0.6 billion | 2,167 | 76.20% | 7.50% |
| 2015 | USD 0.6 billion | 2,227 | 78.45% | 7.50% |
| 2016 | USD 0.6 billion | 2,284 | 77.77% | 7.50% |
| 2017 | USD 0.7 billion | 2,345 | 72.40% | 7.50% |
| 2018 | USD 0.7 billion | 2,412 | 74.08% | 7.50% |
| 2019 | USD 0.8 billion | 2,454 | 74.23% | 7.50% |
| 2020 | USD 0.8 billion | 2,463 | 75.05% | 7.50% |
| 2021 | USD 1.0 billion | 2,490 | 79.48% | 7.50% |
| 2022 | USD 0.8 billion | 2,553 | 72.63% | 7.00% |
| 2023 | USD 0.9 billion | 2,573 | 70.72% | 7.00% |
| 2024 | USD 1.0 billion | 2,597 | 71.28% | 7.00% |
| 2025 | USD 1.0 billion | 2,597 | 71.28% | 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 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2018 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2019 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2020 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2021 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 2022 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
| 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 | Not reported | Not reported | Not reported |
| 2002 | Not reported | Not reported | Not reported |
| 2003 | Not reported | Not reported | Not reported |
| 2004 | Not reported | Not reported | Not reported |
| 2005 | 11.10% | Not reported | Not reported |
| 2006 | 7.24% | Not reported | Not reported |
| 2007 | 13.73% | Not reported | Not reported |
| 2008 | -0.38% | Not reported | Not reported |
| 2009 | -20.24% | 1.49% | Not reported |
| 2010 | 8.91% | 1.08% | Not reported |
| 2011 | 21.29% | 3.60% | Not reported |
| 2012 | 1.38% | 1.25% | Not reported |
| 2013 | 12.65% | 3.77% | Not reported |
| 2014 | 7.45% | 10.14% | 5.73% |
| 2015 | 3.08% | 8.94% | 4.94% |
| 2016 | -0.23% | 4.76% | 4.18% |
| 2017 | 6.20% | 5.74% | 3.47% |
| 2018 | 18.37% | 6.80% | 5.27% |
| 2019 | 11.09% | 7.51% | 8.82% |
| 2020 | 9.06% | 8.73% | 8.83% |
| 2021 | 6.39% | 10.13% | 7.41% |
| 2022 | 25.24% | 13.83% | 9.71% |
| 2023 | -20.88% | 5.02% | 5.90% |
| 2024 | 3.95% | 3.63% | 5.55% |
| 2025 | 10.87% | 3.97% | 6.32% |