State Data » Ohio » Ohio Police & Fire Pension Fund » Ohio Police & Fire

Ohio Police & Fire Basics

  • Established 1967
  • Currently open to new hires
  • Plan covers police and/or fire
  • Plan members not covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, Ohio Police & Fire, 2001-2018

Fiscal Year Net Assets (billions)
2001 8.3
2002 7.2
2003 8.7
2004 9.5
2005 10.0
2006 11.2
2007 11.9
2008 7.8
2009 9.1
2010 10.1
2011 9.7
2012 10.6
2013 11.9
2014 13.5
2015 12.9
2016 13.7
2017 15.0
2018 13.9

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2018

Fiscal Year Ohio Police & Fire US State and Local Pensions
2001 1.2 1.2
2002 1.2 1.2
2003 1.2 1.2
2004 1.2 1.1
2005 1.1 1.1
2006 1.1 1.1
2007 1.2 1.1
2008 1.2 1.1
2009 1.1 1.1
2010 1.1 1.0
2011 1.1 1.0
2012 1.0 1.0
2013 1.0 1.0
2014 1.0 0.9
2015 1.0 0.9
2016 1.0 0.9
2017 1.0 0.9
2018 1.0 0.9

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Ohio Police & Fire, 2001-2018

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 13.4 0.0 14.5 13.4 13.4
2002 12.8 0.0 13.5 12.8 12.8
2003 13.3 3.5 17.5 16.9 16.9
2004 13.5 1.8 20.1 15.3 15.3
2005 13.2 3.5 21.2 16.7 16.7
2006 13.2 4.9 22.8 18.0 18.0
2007 15.3 4.6 25.0 19.9 19.9
2008 14.6 4.9 25.2 19.5 19.5
2009 14.7 12.0 26.2 26.7 26.7
2010 15.3 9.4 27.6 24.6 24.6
2011 14.8 11.2 29.6 26.0 26.0
2012 14.9 13.2 31.0 28.1 28.1
2013 18.1 6.4 31.2 24.4 24.4
2014 21.0 0.0 31.8 21.0 21.0
2015 20.8 0.0 33.9 20.8 20.8
2016 20.9 0.0 35.3 20.9 20.9
2017 20.9 0.0 33.3 20.9 20.9
2018 21.6 0.0 33.1 21.6 21.6

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Ohio Police & Fire, 2001-2018

Fiscal Year Ohio Police & Fire National Data
2001 92.8 98.0
2002 82.6 88.4
2003 86.5 85.5
2004 80.9 81.5
2005 78.4 79.2
2006 78.2 80.4
2007 81.7 84.0
2008 65.1 78.7
2009 72.8 77.3
2010 69.4 75.2
2011 63.1 71.9
2012 64.2 70.6
2013 66.7 70.8
2014 70.8 72.1
2015 71.3 74.1
2016 69.8 72.5
2017 69.9 72.0
2018 69.4 72.8

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for Ohio Police & Fire, 2018

Category Percent
Equities 36.0
Fixed Income 28.8
Private Equity 14.0
Real Estate 12.1
Cash 6.4
Other 0.0
Commodities 2.6
Hedge Fund 0.0
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2018

Category Percent
Equities 48.1
Fixed Income 22.5
Private Equity 8.9
Real Estate 8.4
Cash 1.8
Other 0.2
Commodities 1.8
Hedge Fund 7.0
Misc. Alternatives 1.2

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Ohio Police & Fire, 2001-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 63.5 24.0 1.1 8.2 3.2 0.0 0.0 0.0 0.0
2002 63.5 23.9 1.1 8.2 3.2 0.0 0.0 0.0 0.0
2003 67.8 18.8 1.4 6.9 5.3 0.0 0.0 0.0 0.0
2004 69.8 17.0 1.9 6.6 4.7 0.0 0.0 0.0 0.0
2005 68.3 19.0 2.2 6.5 4.0 0.0 0.0 0.0 0.0
2006 67.9 18.4 2.5 6.2 5.0 0.0 0.0 0.0 0.0
2007 65.2 20.1 2.7 8.3 3.6 0.0 0.0 0.0 0.0
2008 60.7 20.6 3.5 10.3 4.9 0.0 0.0 0.0 0.0
2009 67.3 19.0 3.4 6.5 3.8 0.0 0.0 0.0 0.0
2010 63.9 21.4 3.2 6.6 4.9 0.0 0.0 0.0 0.0
2011 59.0 22.8 3.6 8.9 5.6 0.0 0.0 0.0 0.0
2012 52.8 23.1 5.1 9.6 9.0 0.0 0.5 0.0 0.0
2013 51.0 24.7 9.2 9.4 4.6 0.0 1.1 0.0 0.0
2014 45.2 25.5 10.6 10.3 7.0 0.0 1.3 0.0 0.0
2015 40.2 26.2 10.9 11.2 9.9 0.0 1.7 0.0 0.0
2016 40.3 28.2 12.7 10.9 5.9 0.0 2.1 0.0 0.0
2017 40.1 27.4 13.4 11.1 5.9 0.0 2.1 0.0 0.0
2018 36.0 28.8 14.0 12.1 6.4 0.0 2.6 0.0 0.0

Source: Public Plans Database


Annual Return as of December 31 for Ohio Police & Fire, 2001-2018

Fiscal Year Ohio Police & Fire Assumed return
2001 -3.88 8.25
2002 -9.90 8.25
2003 24.96 8.25
2004 13.29 8.25
2005 8.82 8.25
2006 16.15 8.25
2007 10.47 8.25
2008 -28.06 8.25
2009 20.73 8.25
2010 15.83 8.25
2011 2.56 8.25
2012 14.89 8.25
2013 16.94 8.25
2014 6.79 8.25
2015 0.65 8.25
2016 11.51 8.00
2017 14.30 8.00
2018 -1.78 8.00

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Ohio Police & Fire
2001-2018

Fiscal Year Cash Flow Assets
2001 -161.1 8,251.3
2002 -181.3 7,235.6
2003 -254.6 8,686.8
2004 -299.5 9,514.2
2005 -345.6 9,994.4
2006 -395.0 11,175.8
2007 -401.2 11,895.5
2008 -450.6 7,757.6
2009 -500.8 9,056.8
2010 -541.0 10,075.5
2011 -609.0 9,688.4
2012 -625.4 10,602.8
2013 -588.6 11,920.5
2014 -499.2 13,453.4
2015 -511.3 12,923.9
2016 -482.1 13,682.4
2017 -531.3 14,963.6
2018 -556.8 13,941.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Ohio Police & Fire
2001-2018

Fiscal Year Ohio Police & Fire National Average
2001 -2.0 -2.1
2002 -2.5 -2.8
2003 -2.9 -3.4
2004 -3.1 -3.8
2005 -3.5 -3.8
2006 -3.5 -4.0
2007 -3.4 -3.9
2008 -5.8 -6.4
2009 -5.5 -6.1
2010 -5.4 -5.7
2011 -6.3 -7.0
2012 -5.9 -6.8
2013 -4.9 -6.3
2014 -3.7 -5.4
2015 -4.0 -3.3
2016 -3.5 -5.0
2017 -3.6 -3.5
2018 -4.0 -3.8

Source: Public Plans Database

National data averages are weighted by plan size.

2019 Financial Reports

Benefits

Website for Ohio Police & Fire benefit descriptions.