All pension funds

Dallas Employees' Retirement Fund

Municipal·Huge plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
67.4%
Actuarial accrued liability
$5.7B
Actuarial value of assets
$3.8B
Unfunded liability
$1.9B
Amortization period
29.0 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
17.8% / 13.6%

Financial report

fiscal year 2025
Net assets (market value)
$4.0B
Benefit payments
$375.3M
Total contributions
$164.6M

Membership

fiscal year 2025
Active members
8,116
Annuitants
8,117

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202667.4%$3.8B$5.7B$1.9B29.0
202567.4%$3.8B$5.7B$1.9B29.0
202466.9%$3.8B$5.6B$1.9B30.0
202370.1%$3.8B$5.5B$1.6B51.0
202273.3%$3.9B$5.3B$1.4B51.0
202176.0%$3.9B$5.1B$1.2B50.0
202076.0%$3.7B$4.9B$1.2B51.0
201975.7%$3.7B$4.9B$1.2B65.0
201880.0%$3.6B$4.5B$906.7M46.0
201782.3%$3.6B$4.4B$776.2M47.0
201680.4%$3.5B$4.3B$840.3M47.0
201580.4%$3.3B$4.1B$808.7Mnever
201480.9%$3.2B$4.0B$763.0Mnever
201385.1%$3.1B$3.6B$536.6M51.0
201280.9%$2.8B$3.5B$672.2M30.0
201186.0%$2.9B$3.4B$474.9M30.0
201092.2%$3.0B$3.3B$254.7M30.0
200995.0%$3.0B$3.2B$160.5M30.0
200896.2%$3.0B$3.1B$117.9M30.0
2007109.2%$3.2B$2.9B$-268.1M0.0
2006108.6%$3.0B$2.8B$-236.7M0.0
Full plan record at the Texas Pension Review Board