All pension funds
DART Employees' Defined Benefit Retirement Plan & Trust
Local (Gov. Code ch. 810)·Huge plan
Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
89.6%
- Actuarial accrued liability
- $248.4M
- Actuarial value of assets
- $222.7M
- Unfunded liability
- $25.8M
- Amortization period
- 12.0 years
- Assumed return
- 6.25%
- Contributions (employer / employee, % pay)
- 101.4% / 0.0%
Financial report
fiscal year 2025- Net assets (market value)
- $226.5M
- Benefit payments
- $19.9M
- Total contributions
- $3.1M
Membership
fiscal year 2025- Active members
- 40
- Annuitants
- 864
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 89.6% | $222.7M | $248.4M | $25.8M | 12.0 |
| 2025 | 89.6% | $222.7M | $248.4M | $25.8M | 12.0 |
| 2024 | 90.5% | $225.3M | $249.1M | $23.8M | 12.6 |
| 2023 | 87.3% | $218.8M | $250.5M | $31.7M | 12.3 |
| 2022 | 84.5% | $202.3M | $239.4M | $37.1M | 10.1 |
| 2021 | 84.4% | $201.3M | $238.7M | $37.3M | 11.2 |
| 2020 | 83.8% | $198.3M | $236.6M | $38.3M | 12.3 |
| 2019 | 80.5% | $190.5M | $236.6M | $46.1M | 12.3 |
| 2018 | 79.2% | $185.5M | $234.2M | $48.7M | 12.8 |
| 2017 | 78.9% | $177.7M | $225.3M | $47.6M | 11.8 |
| 2016 | 76.5% | $168.7M | $220.5M | $51.7M | 12.4 |
| 2015 | 75.1% | $158.0M | $210.2M | $52.3M | 11.2 |
| 2014 | 74.3% | $151.0M | $203.3M | $52.3M | 30.0 |
| 2013 | 70.7% | $142.7M | $201.7M | $59.0M | 30.0 |
| 2012 | 69.2% | $137.9M | $199.4M | $61.5M | 30.0 |
| 2011 | 72.4% | $141.5M | $195.5M | $54.0M | 30.0 |
| 2010 | 82.5% | $145.6M | $176.6M | $31.0M | 30.0 |
| 2009 | 81.7% | $141.7M | $173.5M | $31.8M | 30.0 |
| 2008 | 87.1% | $145.3M | $166.9M | $21.6M | 30.0 |
| 2007 | 88.0% | $141.7M | $161.0M | $19.2M | 30.0 |
| 2006 | 84.3% | $130.5M | $154.9M | $24.4M | 30.0 |