All pension funds

Austin Employees' Retirement System

Municipal·Huge plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
63.1%
Actuarial accrued liability
$6.2B
Actuarial value of assets
$3.9B
Unfunded liability
$2.3B
Amortization period
28.0 years
Assumed return
6.75%
Contributions (employer / employee, % pay)
20.2% / 10.0%

Financial report

fiscal year 2025
Net assets (market value)
$4.1B
Benefit payments
$308.8M
Total contributions
$304.7M

Membership

fiscal year 2025
Active members
11,838
Annuitants
8,341

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202663.1%$3.9B$6.2B$2.3B28.0
202563.1%$3.9B$6.2B$2.3B28.0
202461.2%$3.6B$6.0B$2.3B29.0
202362.1%$3.5B$5.6B$2.1B30.0
202264.1%$3.4B$5.3B$1.9B34.0
202166.0%$3.3B$5.0B$1.7B33.0
202065.3%$3.1B$4.7B$1.6B32.0
201963.5%$2.8B$4.5B$1.6B40.0
201867.6%$2.7B$4.0B$1.3B32.0
201768.3%$2.6B$3.8B$1.2B30.0
201667.5%$2.4B$3.6B$1.2B31.0
201568.0%$2.3B$3.4B$1.1B33.0
201470.9%$2.2B$3.1B$900.2M24.0
201370.4%$2.0B$2.9B$862.0M26.0
201263.9%$1.9B$3.0B$1.1B27.0
201165.7%$1.8B$2.7B$932.9M27.1
201069.6%$1.7B$2.5B$749.1Mnever
200971.8%$1.7B$2.3B$658.5Mnever
200865.9%$1.5B$2.2B$765.5Mnever
200778.3%$1.7B$2.1B$459.3Mnever
200675.9%$1.5B$2.0B$476.2Mnever
Full plan record at the Texas Pension Review Board