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Florida » City of Miami Firefighters and Police Officers Retirement Trust
City of Miami Firefighters and Police Officers Retirement Trust Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Miami Fire and Police |
1,567.7 |
4,146 |
Other Plans |
0.0 |
0 |
Total |
1,567.7 |
4,146 |
Source: Public Plans Database (as of 2023)
Note: City of Miami Firefighters and Police Officers Retirement Trust has 0 other plans.
Assets
Assets at Year-End
City of Miami Firefighters and Police Officers Retirement Trust
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
1.0 |
2002 |
0.9 |
2003 |
1.0 |
2004 |
1.2 |
2005 |
1.3 |
2006 |
1.4 |
2007 |
1.6 |
2008 |
1.3 |
2009 |
1.3 |
2010 |
1.3 |
2011 |
1.3 |
2012 |
1.4 |
2013 |
1.5 |
2014 |
1.7 |
2015 |
1.7 |
2016 |
1.7 |
2017 |
1.7 |
2018 |
1.6 |
2019 |
1.6 |
2020 |
1.6 |
2021 |
1.8 |
2022 |
1.5 |
2023 |
1.6 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
City of Miami Firefighters and Police Officers Retirement Trust |
US State and Local Pensions |
2001 |
1.2 |
2.4 |
2002 |
1.2 |
2.3 |
2003 |
1.1 |
2.2 |
2004 |
0.9 |
2.1 |
2005 |
0.8 |
2.1 |
2006 |
0.8 |
2.0 |
2007 |
0.8 |
2.0 |
2008 |
0.9 |
1.9 |
2009 |
0.7 |
1.9 |
2010 |
0.5 |
1.8 |
2011 |
0.4 |
1.7 |
2012 |
0.5 |
1.6 |
2013 |
0.5 |
1.5 |
2014 |
0.6 |
1.4 |
2015 |
0.7 |
1.4 |
2016 |
0.8 |
1.4 |
2017 |
0.9 |
1.4 |
2018 |
0.9 |
1.3 |
2019 |
0.9 |
1.3 |
2020 |
0.9 |
1.3 |
2021 |
0.9 |
1.2 |
2022 |
0.9 |
1.2 |
2023 |
0.8 |
1.2 |
2023 Membership for City of Miami Firefighters and Police Officers Retirement Trust
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
1,855 |
2,274 |
17 |
4,146 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
City of Miami Firefighters and Police Officers Retirement Trust
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-38.3 |
1,024.1 |
2002 |
-40.0 |
927.3 |
2003 |
-30.1 |
1,039.6 |
2004 |
-2.4 |
1,168.2 |
2005 |
-9.4 |
1,336.4 |
2006 |
-23.9 |
1,429.6 |
2007 |
-30.8 |
1,600.8 |
2008 |
-48.4 |
1,324.8 |
2009 |
-55.6 |
1,267.1 |
2010 |
-49.4 |
1,339.5 |
2011 |
-88.9 |
1,297.2 |
2012 |
-89.4 |
1,425.3 |
2013 |
-91.8 |
1,499.8 |
2014 |
-84.9 |
1,748.7 |
2015 |
-109.9 |
1,674.7 |
2016 |
-107.5 |
1,700.1 |
2017 |
-118.3 |
1,732.5 |
2018 |
-87.0 |
1,566.7 |
2019 |
-79.9 |
1,561.2 |
2020 |
-83.3 |
1,566.1 |
2021 |
-84.6 |
1,783.8 |
2022 |
-85.8 |
1,477.1 |
2023 |
-59.2 |
1,567.7 |
2023 Cash Flows for City of Miami Firefighters and Police Officers Retirement Trust (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
124.1 |
183.3 |
149.8 |
90.6 |
Cash Flow as a Percentage of Assets
City of Miami Firefighters and Police Officers Retirement Trust
2001-2023
Fiscal Year |
City of Miami Firefighters and Police Officers Retirement Trust |
National Average |
2001 |
-3.7 |
-2.1 |
2002 |
-4.3 |
-2.0 |
2003 |
-2.9 |
-2.5 |
2004 |
-0.2 |
-2.0 |
2005 |
-0.7 |
-2.2 |
2006 |
-1.7 |
-2.2 |
2007 |
-1.9 |
-2.1 |
2008 |
-3.7 |
-2.3 |
2009 |
-4.4 |
-3.1 |
2010 |
-3.7 |
-3.2 |
2011 |
-6.9 |
-3.1 |
2012 |
-6.3 |
-3.3 |
2013 |
-6.1 |
-3.1 |
2014 |
-4.9 |
-2.9 |
2015 |
-6.6 |
-2.8 |
2016 |
-6.3 |
-3.0 |
2017 |
-6.8 |
-2.9 |
2018 |
-5.6 |
-2.6 |
2019 |
-5.1 |
-2.6 |
2020 |
-5.3 |
-2.4 |
2021 |
-4.7 |
-2.1 |
2022 |
-5.8 |
-2.1 |
2023 |
-3.8 |
-2.1 |