All pension funds

Cleburne Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
64.0%
Actuarial accrued liability
$46.8M
Actuarial value of assets
$29.9M
Unfunded liability
$16.8M
Amortization period
17.2 years
Assumed return
7.35%
Contributions (employer / employee, % pay)
23.8% / 15.0%

Financial report

fiscal year 2024
Net assets (market value)
$29.7M
Benefit payments
$2.2M
Total contributions
$2.6M

Membership

fiscal year 2024
Active members
67
Annuitants
45

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202664.0%$29.9M$46.8M$16.8M17.2
202564.0%$29.9M$46.8M$16.8M17.2
202464.0%$29.9M$46.8M$16.8M17.2
202360.7%$25.8M$42.5M$16.7M25.6
202260.7%$25.8M$42.5M$16.7M25.6
202159.6%$22.8M$38.3M$15.5M37.3
202059.6%$22.8M$38.3M$15.5M37.3
201959.6%$21.7M$36.5M$14.7M48.6
201859.6%$21.7M$36.5M$14.7M48.6
201766.7%$22.3M$33.4M$11.1M28.8
201666.7%$22.3M$33.4M$11.1M28.8
201565.3%$20.3M$31.2M$10.8M27.3
201465.3%$20.3M$31.2M$10.8M27.3
201357.4%$16.3M$28.4M$12.1M34.1
201257.4%$16.3M$28.4M$12.1M34.1
201156.8%$14.6M$25.7M$11.1M25.0
201056.8%$14.6M$25.7M$11.1M25.0
200955.3%$11.9M$21.5M$9.6M18.7
200855.3%$11.9M$21.5M$9.6M18.7
200763.4%$11.7M$18.5M$6.8M20.5
200663.4%$11.7M$18.5M$6.8M20.5
Full plan record at the Texas Pension Review Board