All pension funds

Lubbock Fire Pension Fund

Local fire (TLFFRA)·Huge plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
74.3%
Actuarial accrued liability
$374.2M
Actuarial value of assets
$278.0M
Unfunded liability
$96.3M
Amortization period
18.2 years
Assumed return
7.50%
Contributions (employer / employee, % pay)
21.8% / 15.0%

Financial report

fiscal year 2025
Net assets (market value)
$300.8M
Benefit payments
$20.6M
Total contributions
$18.5M

Membership

fiscal year 2025
Active members
451
Annuitants
327

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202674.3%$278.0M$374.2M$96.3M18.2
202574.3%$278.0M$374.2M$96.3M18.2
202474.3%$278.0M$374.2M$96.3M18.2
202370.8%$246.2M$347.7M$101.6M24.8
202270.8%$246.2M$347.7M$101.6M24.8
202169.5%$216.8M$311.8M$95.0M33.7
202069.5%$216.8M$311.8M$95.0M33.7
201970.8%$199.3M$281.4M$82.2M33.0
201870.8%$199.3M$281.4M$82.2M33.0
201772.6%$194.7M$268.0M$73.4M33.5
201672.6%$194.7M$268.0M$73.4M33.5
201575.5%$186.1M$246.4M$60.3M27.6
201474.5%$161.7M$217.1M$55.4M24.3
201374.5%$161.7M$217.1M$55.4M24.3
201279.4%$156.8M$197.5M$40.7M22.8
201179.4%$156.8M$197.5M$40.7M22.8
201079.4%$156.8M$197.5M$40.7M22.8
200978.3%$144.1M$184.1M$40.0M38.0
200878.3%$144.1M$184.1M$40.0M38.0
200784.0%$138.1M$164.4M$26.3M35.0
200684.0%$138.1M$164.4M$26.3M35.0
Full plan record at the Texas Pension Review Board