All pension funds

Irving Supplemental Benefit Plan

Local (Gov. Code ch. 810)·Huge plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
102.5%
Actuarial accrued liability
$123.4M
Actuarial value of assets
$126.6M
Unfunded liability
$-3.1M
Amortization period
0.0 years
Assumed return
6.75%
Contributions (employer / employee, % pay)
0.7% / 2.5%

Financial report

fiscal year 2025
Net assets (market value)
$130.6M
Benefit payments
$6.9M
Total contributions
$5.0M

Membership

fiscal year 2025
Active members
1,677
Annuitants
506

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
2026102.5%$126.6M$123.4M$-3.1M0.0
2025102.2%$120.8M$118.2M$-2.6M0.0
2024103.0%$115.5M$112.1M$-3.4M0.0
2023100.3%$109.6M$109.3M$-336K0.0
2022107.0%$106.0M$99.1M$-6.9M0.0
202177.3%$74.7M$96.6M$21.9M19.0
202073.5%$67.1M$91.4M$24.3M26.0
201973.5%$63.1M$85.9M$22.8M23.0
201872.5%$60.5M$83.4M$22.9M32.0
201772.2%$56.6M$78.4M$21.8M26.0
201672.4%$53.7M$74.1M$20.4M22.9
201580.9%$51.2M$63.3M$12.1M25.0
201478.9%$47.7M$60.5M$12.8M27.2
201376.3%$44.0M$57.7M$13.7M29.1
201278.5%$43.2M$55.0M$11.9M25.3
201184.9%$44.3M$52.2M$7.9Mnever
201094.1%$44.8M$47.7M$2.8Mnever
200993.3%$41.3M$44.3M$3.0Mnever
2008108.7%$44.7M$41.1M$-3.6M0.0
2007105.8%$39.7M$37.5M$-2.2M0.0
2006105.8%$39.7M$37.5M$-2.2M0.0
Full plan record at the Texas Pension Review Board