All pension funds

Denison Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
76.4%
Actuarial accrued liability
$34.4M
Actuarial value of assets
$26.3M
Unfunded liability
$8.1M
Amortization period
15.7 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
18.0% / 13.3%

Financial report

fiscal year 2025
Net assets (market value)
$26.7M
Benefit payments
$2.1M
Total contributions
$2.0M

Membership

fiscal year 2025
Active members
59
Annuitants
55

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202676.4%$26.3M$34.4M$8.1M15.7
202576.4%$26.3M$34.4M$8.1M15.7
202476.7%$23.8M$31.1M$7.2M15.3
202376.7%$23.8M$31.1M$7.2M15.3
202281.1%$21.7M$26.7M$5.1M11.0
202181.1%$21.7M$26.7M$5.1M11.0
202075.3%$18.0M$23.9M$5.9M12.2
201975.3%$18.0M$23.9M$5.9M12.2
201877.3%$17.5M$22.7M$5.2M15.8
201777.3%$17.5M$22.7M$5.2M15.8
201674.4%$16.4M$22.0M$5.6M27.1
201574.4%$16.4M$22.0M$5.6M27.1
201471.6%$14.6M$20.4M$5.8M29.1
201371.1%$13.7M$19.2M$5.6M23.9
201271.1%$13.7M$19.2M$5.6M23.9
201181.3%$14.0M$17.2M$3.2M9.9
201081.3%$14.0M$17.2M$3.2M9.9
200985.9%$13.9M$16.2M$2.3M9.8
200885.9%$13.9M$16.2M$2.3M9.8
200781.3%$11.3M$13.9M$2.6M14.3
200681.3%$11.3M$13.9M$2.6M14.3
Full plan record at the Texas Pension Review Board