LAFPP Assets Total US$ 29.39 Billion
Posted on 02/28/2024
Los Angeles Fire & Police Pension serves nearly 27,500 members, including active, DROP, deferred vested, and retired members and beneficiaries. The system reports pension benefits were actuarially funded at 99.5% (a change of +1.5%) and health subsidy benefits were funded at 77.7% (a change of +3.4%). The combined funded status for pension and health benefits is 96.8%…