All pension funds

Brownwood Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under10MM plan

Actuarial valuation

fiscal year 2025, as reported to the PRB
Funded ratio
47.2%
Actuarial accrued liability
$12.4M
Actuarial value of assets
$5.9M
Unfunded liability
$6.5M
Amortization period
24.4 years
Assumed return
7.00%
Contributions (employer / employee, % pay)
19.6% / 13.8%

Financial report

fiscal year 2025
Net assets (market value)
$6.7M
Benefit payments
$659K
Total contributions
$815K

Membership

fiscal year 2025
Active members
34
Annuitants
25

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202547.2%$5.9M$12.4M$6.5M24.4
202447.2%$5.9M$12.4M$6.5M24.4
202347.2%$5.9M$12.4M$6.5M24.4
202246.2%$5.3M$11.5M$6.2M52.8
202146.2%$5.3M$11.5M$6.2M52.8
202042.8%$4.5M$10.4M$6.0M94.7
201942.8%$4.5M$10.4M$6.0M94.7
201845.0%$4.2M$9.3M$5.1M38.6
201745.0%$4.2M$9.3M$5.1M38.6
201644.6%$3.7M$8.2M$4.6M36.1
201544.6%$3.7M$8.2M$4.6M36.1
201443.8%$3.3M$7.5M$4.2M37.0
201343.8%$3.3M$7.5M$4.2M37.0
201239.9%$2.8M$7.1M$4.3M31.8
201139.9%$2.8M$7.1M$4.3M31.8
201039.6%$2.5M$6.2M$3.7M27.2
200939.6%$2.5M$6.2M$3.7M27.2
200841.1%$2.4M$5.8M$3.4M29.0
200741.1%$2.4M$5.8M$3.4M29.0
200642.9%$2.2M$5.1M$2.9M29.0
Full plan record at the Texas Pension Review Board