All pension funds

Brazos River Authority Retirement Plan

Local (Gov. Code ch. 810)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
80.1%
Actuarial accrued liability
$30.2M
Actuarial value of assets
$24.2M
Unfunded liability
$6.0M
Amortization period
7.0 years
Assumed return
6.50%
Contributions (employer / employee, % pay)
0.0% / 0.0%

Financial report

fiscal year 2026
Net assets (market value)
$27.1M
Benefit payments
$2.3M
Total contributions
$1.1M

Membership

fiscal year 2026
Active members
39
Annuitants
175

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202680.1%$24.2M$30.2M$6.0M7.0
202580.1%$24.2M$30.2M$6.0M7.0
202476.8%$23.4M$30.4M$7.1M8.0
202373.5%$22.8M$31.0M$8.2M9.0
202272.3%$22.5M$31.2M$8.6M10.0
202166.3%$21.5M$32.5M$10.9M11.0
202063.5%$20.4M$32.1M$11.7M12.0
201961.7%$20.4M$33.0M$12.6M13.0
201866.4%$20.9M$31.4M$10.6M14.0
201768.2%$21.2M$31.1M$9.9M15.0
201669.8%$21.2M$30.4M$9.2M16.0
201571.3%$21.4M$30.0M$8.6M17.0
201473.8%$20.6M$28.0M$7.3M18.0
201369.9%$19.3M$27.6M$8.3M19.0
201272.6%$19.8M$27.2M$7.5M20.0
201184.9%$20.3M$24.0M$3.6M30.0
201084.5%$19.7M$23.4M$3.6M30.0
200984.5%$19.7M$23.4M$3.6M30.0
2008100.0%$23.0M$23.0M$030.0
2007109.4%$23.9M$21.9M$-2.0M0.0
2006100.0%$22.6M$22.6M$00.0
Full plan record at the Texas Pension Review Board