Fire & Police Disability & Retirement -- Intro
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City of Portland Fiscal Year 2026-27 Proposed Budget City Operations > Fire & Police Disability & Retirement Fire & Police Disability & Retirement Budget Revenues by Major Object 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed External Revenues Bond & Note Proceeds $32,565,839 $45,000,000 $50,000,000 $75,000,000 Charges for Services $31 $32 $0 $0 Miscellaneous $2,101,533 $2,747,912 $3,106,800 $3,352,400 Taxes $193,478,035 $224,125,459 $229,889,732 $253,662,863 Internal Revenues Beginning Fund Balance $27,061,813 $17,454,784 $24,928,490 $20,238,769 Fund Transfers - $0 $0 $1,500,000 $1,500,000 Revenue Interagency Revenue $519,086 $510,540 $844,041 $748,300 Grand Total $255,726,336 $289,838,728 $310,269,063 $354,502,332 Expenses Expenses by Major Object 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed Bureau Expense $205,009,802 $218,866,343 $241,015,382 $258,672,645 Personnel $3,111,483 $3,082,597 $3,625,001 $3,530,461 External Materials and $161,364,146 $170,748,403 $177,236,845 $189,410,349 Services Internal Materials and $40,475,153 $45,006,543 $59,988,535 $65,596,835 Services Capital Outlay $59,020 $28,800 $165,001 $135,000 Fund Expense $33,262,192 $45,784,891 $68,503,681 $95,079,687 Debt Service $33,110,519 $45,607,769 $50,727,961 $76,043,573 Contingency $0 $0 $15,970,653 $17,212,801 Fund Transfers - $151,673 $177,122 $1,805,067 $1,823,313 Expense 507
City of Portland Fiscal Year 2026-27 Proposed Budget 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed Unappropriated $17,454,784 $25,187,953 $750,000 $750,000 Ending Fund Balance $17,454,784 $25,187,953 $750,000 $750,000 Grand Total $255,726,778 $289,839,187 $310,269,063 $354,502,332 Expenses by Program Offer 2023-24 Actuals 2024-25 Actuals 2025-26 Revised Budget 2026-27 Proposed Administration & Support $53,571,460 $73,900,005 $72,930,775 $99,282,030 Disability and Death $9,790,611 $8,344,210 $10,658,296 $10,750,612 Benefits FPDR Pension Benefits $153,439,355 $164,089,986 $168,309,992 $180,529,690 Pension Benefits ($445,031) ($444,825) $0 $0 Return to Work $0 $394,882 $0 $0 Sworn PERS Contributions $39,370,384 $43,554,929 $58,370,000 $63,940,000 Grand Total $255,726,778 $289,839,187 $310,269,063 $354,502,332 Positions - FY 2026-27 Proposed Budget FTE Accountant II 1.0 Administrative Specialist II - CPPW 1.0 Analyst I - CPPW 3.0 Analyst II - CPPW 3.0 Claims Technician 1.0 Claims Technician, Assistant 1.0 Deputy Director I 1.0 Director I 1.0 Financial Analyst II - CPPW 1.0 Financial Analyst III - CPPW 1.0 Legal Assistant 1.0 Manager I 1.0 Office Support Specialist III 1.0 Grand Total 17.0 Performance Performance Metrics - Fiscal Year 508
City of Portland Fiscal Year 2026-27 Proposed Budget FY 2022 - FY 2023 - FY 2024 - Program Offer Measure Polarity 23 24 25 Administration & Support Administrative cost as a percentage of bureau budget No Polarity 1.54% 1.39% 1.25% Administration & Support FPDR tax levy rate (per $1,000 of Real Market Value) No Polarity $1.11 $1.17 $1.40 Administration & Support Administrative spending per participant No Polarity $855 $827 $786 Administration & Support Percent of pension recipients who are paperless No Polarity 42% 45% 48% Disability and Death Number of members on short-term disability No Polarity 284 187 163 Bene ts Disability and Death Number of long-term disability recipients No Polarity 25 23 23 Bene ts Disability and Death Percent of disability claims decisions in 60 days No Polarity 78% 84% 82% Bene ts Disability and Death Number of disability claims led No Polarity 320 231 246 Bene ts Disability and Death Percent of public safety workforce on disability at June No Polarity 3.30% 3.00% 3.60% Bene ts 30 FPDR Pension Bene ts Number of FPDR 2 retirements from active service No Polarity 53 70 60 FPDR Pension Bene ts Number of pension estimates No Polarity 248 209 187 FPDR Pension Bene ts Number of FPDR 1 and 2 pension recipients No Polarity 2,148 2,211 2,271 FPDR Pension Bene ts Number of pre-retirement workshop participants No Polarity 82 79 99 FPDR Pension Bene ts Percent of members whose nal pay was 99% or more No Polarity 100% 100% 95% of last estimate FPDR Pension Bene ts Percent of FPDR 2 members at or within two years of No Polarity 89% 81% 84% retirement eligibility who received a pension estimate in the last two years FPDR Pension Bene ts Median days to prepare a pension estimate No Polarity 16 60 76 Sworn PERS Percent of workforce who are FPDR 3 No Polarity 56% 61% 65% Contributions Sworn PERS Number of active employees in FPDR 3 No Polarity 798 859 937 Contributions Performance Metrics - Calendar Year Program Offer Measure Polarity 2022 2023 2024 Bureau-wide FIRE AND POLICE RETIREMENT FUND STABILITY: Probability that the Higher Is Better 99% NA 98% fund can sustain re and police disability and retirement bene ts over the next 20 years Overview 509
City of Portland Fiscal Year 2026-27 Proposed Budget The mission of the Bureau of Fire & Police Disability & Retirement is to deliver peace of mind to our fire and police members and their survivors by providing disability and retirement benefits in a timely, compassionate, and fiscally responsible manner. To support this mission, the Bureau of Fire & Police Disability & Retirement (FPDR) has established several key goals for FY 2026– 27. These include reaching disability claim decisions within 60 days; providing accurate and timely pension estimates that are within 99% of a member’s final pay at retirement; ensuring that members approaching retirement receive pension estimates within the two years prior to retirement; and delivering services while maintaining administrative spending between 1% and 2% of the Bureau’s overall expenditures. FPDR serves plan members in three distinct tiers: FPDR One members are those who were retired or on long-term disability before January 1, 1990; FPDR Two members are those who were working or hired between December 31, 1989 and December 31, 2006; and FPDR Three members are those who were hired after December 31, 2006. The FPDR Plan provides pension and disability benefits for FPDR One and Two members, but only disability benefits for FPDR Three members. In addition, the FPDR Fund finances contributions to the Oregon Public Employees Retirement System (PERS) for FPDR Three members, who are enrolled in the pre-funded PERS Plan for pension benefits. FPDR benefits and administrative expenses are funded by a dedicated FPDR property tax levy, separate from the City’s general government levy. The FPDR levy is capped at $2.80 per $1,000 of real market value by City Charter. The FPDR Pension Benefits program pays direct monthly pension benefits to FPDR One and Two members, and their survivors and alternate payees (former spouses). The program also provides pension estimates, retirement counseling, and retirement workshops for FPDR Two members who are still working. The Pension Benefits program represents 66.8% of total Bureau requirements for FY 2026-27. The Disability and Death Benefits program oversees an approved substitute workers’ compensation program for the City’s sworn employees, as well as a disability program for non-work injuries and illnesses. Thus, the program administers both service- connected and nonservice disability claims and disability benefits, including wage replacement for lost time from work, medical care expenses, vocational rehabilitation, and funeral benefits. The Disability and Death Benefits program represents 3.3% of total bureau requirements for FY 2026-27. The Sworn PERS Contributions program manages reimbursements to Portland Fire & Rescue and the Portland Police Bureau for PERS contributions made on behalf of FPDR Three members. The program represents a growing proportion of total bureau requirements: 27.8% for FY 2026-27. The Administration and Support program includes the costs of operating the bureau and administering the benefits described above. The program is comprised of office management and frontline member service; executive leadership; and financial, legal, and technology business systems support. The Administration and Support budget represents 2.0% of total bureau requirements for FY 2026-27. Summary of Budget Decisions No significant changes were made to FPDR’s budget for FY 2026-27 as compared with prior years. FPDR has no decision packages for FY 2026-27. 510