Detroit Police and Fire Retirement System Basics, by Plan
Source: Public Plans Database (as of 2023)
Note: Detroit Police and Fire Retirement System has 0 other plans.
Assets
Assets at Year-End
Detroit Police and Fire Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
3.5 |
| 2002 |
3.0 |
| 2003 |
2.9 |
| 2004 |
3.1 |
| 2005 |
3.8 |
| 2006 |
4.0 |
| 2007 |
4.5 |
| 2008 |
4.0 |
| 2009 |
3.1 |
| 2010 |
3.0 |
| 2011 |
3.4 |
| 2012 |
3.0 |
| 2013 |
3.0 |
| 2014 |
3.3 |
| 2015 |
3.2 |
| 2016 |
3.0 |
| 2017 |
3.0 |
| 2018 |
3.0 |
| 2019 |
2.8 |
| 2020 |
2.6 |
| 2021 |
3.0 |
| 2022 |
2.7 |
| 2023 |
2.6 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Detroit Police and Fire Retirement System |
US State and Local Pensions |
| 2001 |
0.7 |
2.4 |
| 2002 |
0.7 |
2.3 |
| 2003 |
0.6 |
2.2 |
| 2004 |
0.6 |
2.1 |
| 2005 |
0.6 |
2.1 |
| 2006 |
0.5 |
2.0 |
| 2007 |
0.5 |
2.0 |
| 2008 |
0.5 |
1.9 |
| 2009 |
0.5 |
1.9 |
| 2010 |
0.5 |
1.8 |
| 2011 |
0.5 |
1.7 |
| 2012 |
0.4 |
1.6 |
| 2013 |
0.4 |
1.5 |
| 2014 |
0.3 |
1.4 |
| 2015 |
0.3 |
1.4 |
| 2016 |
0.3 |
1.4 |
| 2017 |
0.3 |
1.4 |
| 2018 |
0.3 |
1.3 |
| 2019 |
0.3 |
1.3 |
| 2020 |
0.3 |
1.3 |
| 2021 |
0.3 |
1.2 |
| 2022 |
0.3 |
1.2 |
| 2023 |
0.3 |
1.2 |
2023 Membership for Detroit Police and Fire Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 2,732 |
8,615 |
1,176 |
12,523 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Detroit Police and Fire Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-284.8 |
3,483.6 |
| 2002 |
-205.5 |
2,988.9 |
| 2003 |
-189.2 |
2,878.3 |
| 2004 |
-171.4 |
3,122.5 |
| 2005 |
446.6 |
3,829.0 |
| 2006 |
-175.2 |
4,035.4 |
| 2007 |
-198.2 |
4,481.3 |
| 2008 |
-206.7 |
3,974.6 |
| 2009 |
-209.5 |
3,052.2 |
| 2010 |
-239.6 |
3,017.9 |
| 2011 |
-252.7 |
3,380.1 |
| 2012 |
-267.3 |
2,974.5 |
| 2013 |
-343.1 |
3,034.6 |
| 2014 |
-327.1 |
3,276.2 |
| 2015 |
-184.7 |
3,216.7 |
| 2016 |
-248.6 |
2,993.9 |
| 2017 |
-286.9 |
3,019.8 |
| 2018 |
-269.1 |
2,998.9 |
| 2019 |
-272.6 |
2,834.6 |
| 2020 |
-264.3 |
2,606.0 |
| 2021 |
-260.9 |
3,013.5 |
| 2022 |
-260.2 |
2,723.5 |
| 2023 |
-261.3 |
2,647.4 |
2023 Cash Flows for Detroit Police and Fire Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 53.4 |
314.8 |
185.3 |
-76.0 |
Cash Flow as a Percentage of Assets
Detroit Police and Fire Retirement System
2001-2023
| Fiscal Year |
Detroit Police and Fire Retirement System |
National Average |
| 2001 |
-8.2 |
-2.1 |
| 2002 |
-6.9 |
-2.0 |
| 2003 |
-6.6 |
-2.5 |
| 2004 |
-5.5 |
-2.0 |
| 2005 |
11.7 |
-2.2 |
| 2006 |
-4.3 |
-2.2 |
| 2007 |
-4.4 |
-2.1 |
| 2008 |
-5.2 |
-2.3 |
| 2009 |
-6.9 |
-3.1 |
| 2010 |
-7.9 |
-3.2 |
| 2011 |
-7.5 |
-3.1 |
| 2012 |
-9.0 |
-3.3 |
| 2013 |
-11.3 |
-3.1 |
| 2014 |
-10.0 |
-2.9 |
| 2015 |
-5.7 |
-2.8 |
| 2016 |
-8.3 |
-3.0 |
| 2017 |
-9.5 |
-2.9 |
| 2018 |
-9.0 |
-2.6 |
| 2019 |
-9.6 |
-2.6 |
| 2020 |
-10.1 |
-2.4 |
| 2021 |
-8.7 |
-2.1 |
| 2022 |
-9.6 |
-2.1 |
| 2023 |
-9.9 |
-2.1 |
