All pension funds

Corsicana Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
59.5%
Actuarial accrued liability
$23.7M
Actuarial value of assets
$14.1M
Unfunded liability
$9.6M
Amortization period
23.0 years
Assumed return
7.00%
Contributions (employer / employee, % pay)
14.0% / 14.0%

Financial report

fiscal year 2025
Net assets (market value)
$14.8M
Benefit payments
$1.1M
Total contributions
$1.6M

Membership

fiscal year 2025
Active members
45
Annuitants
36

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202659.5%$14.1M$23.7M$9.6M23.0
202559.5%$14.1M$23.7M$9.6M23.0
202459.5%$14.1M$23.7M$9.6M23.0
202355.6%$11.9M$21.3M$9.5M25.0
202255.6%$11.9M$21.3M$9.5M25.0
202154.7%$10.4M$19.1M$8.6M52.2
202054.7%$10.4M$19.1M$8.6M52.2
201950.7%$9.3M$18.4M$9.1M28.9
201850.7%$9.3M$18.4M$9.1M28.9
201753.1%$9.2M$17.4M$8.1M28.9
201653.1%$9.2M$17.4M$8.1M28.9
201553.5%$8.4M$15.7M$7.3M24.2
201453.5%$8.4M$15.7M$7.3M24.2
201347.9%$7.0M$14.5M$7.6M28.6
201247.9%$7.0M$14.5M$7.6M28.6
201151.9%$6.3M$12.2M$5.9M29.0
201051.9%$6.3M$12.2M$5.9M29.0
200936.1%$4.2M$11.7M$7.5M28.2
200836.1%$4.2M$11.7M$7.5M28.2
200751.6%$4.6M$9.0M$4.4M13.0
200651.6%$4.6M$9.0M$4.4M13.0
Full plan record at the Texas Pension Review Board