All pension funds

Lufkin Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
50.0%
Actuarial accrued liability
$49.6M
Actuarial value of assets
$24.8M
Unfunded liability
$24.8M
Amortization period
29.9 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
24.7% / 14.2%

Financial report

fiscal year 2025
Net assets (market value)
$26.9M
Benefit payments
$3.5M
Total contributions
$2.6M

Membership

fiscal year 2025
Active members
76
Annuitants
68

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202650.0%$24.8M$49.6M$24.8M29.9
202550.0%$24.8M$49.6M$24.8M29.9
202450.0%$24.8M$49.6M$24.8M29.9
202351.3%$23.6M$46.0M$22.4M28.0
202251.3%$23.6M$46.0M$22.4M28.0
202150.7%$20.4M$40.3M$19.9M31.9
202050.7%$20.4M$40.3M$19.9M31.9
201948.8%$17.3M$35.5M$18.2M30.7
201848.8%$17.3M$35.5M$18.2M30.7
201746.7%$15.1M$32.5M$17.3M33.1
201646.7%$15.1M$32.5M$17.3M33.1
201543.5%$14.2M$32.6M$18.4M40.6
201443.5%$14.2M$32.6M$18.4M40.6
201338.8%$11.3M$29.0M$17.8M89.6
201238.8%$11.3M$29.0M$17.8M89.6
201137.3%$10.1M$27.1M$17.0M53.7
201037.3%$10.1M$27.1M$17.0M53.7
200938.2%$9.5M$24.8M$15.3Mnever
200838.2%$9.5M$24.8M$15.3Mnever
200750.1%$10.6M$21.2M$10.6Mnever
200650.1%$10.6M$21.2M$10.6Mnever
Full plan record at the Texas Pension Review Board