All pension funds

Marshall Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
37.1%
Actuarial accrued liability
$24.9M
Actuarial value of assets
$9.2M
Unfunded liability
$15.7M
Amortization period
65.0 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
21.8% / 16.0%

Financial report

fiscal year 2025
Net assets (market value)
$10.3M
Benefit payments
$1.9M
Total contributions
$1.7M

Membership

fiscal year 2025
Active members
49
Annuitants
40

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202637.1%$9.2M$24.9M$15.7M65.0
202537.1%$9.2M$24.9M$15.7M65.0
202437.1%$9.2M$24.9M$15.7M65.0
202333.7%$8.0M$23.8M$15.8M72.0
202233.7%$8.0M$23.8M$15.8M72.0
202140.2%$8.9M$22.2M$13.3M41.0
202040.2%$8.9M$22.2M$13.3M41.0
201936.7%$7.3M$19.9M$12.6M59.0
201836.7%$7.3M$19.9M$12.6M59.0
201742.0%$7.7M$18.4M$10.6M56.4
201642.0%$7.7M$18.4M$10.6M56.4
201546.4%$8.0M$17.3M$9.2M43.2
201446.4%$8.0M$17.3M$9.2M43.2
201344.2%$7.0M$15.8M$8.8M38.6
201244.2%$7.0M$15.8M$8.8M38.6
201146.9%$6.7M$14.2M$7.5M23.5
201046.9%$6.7M$14.2M$7.5M23.5
200937.1%$4.8M$12.9M$8.1M51.1
200837.1%$4.8M$12.9M$8.1M51.1
200753.9%$5.9M$11.0M$5.1M23.3
200653.9%$5.9M$11.0M$5.1M23.3
Full plan record at the Texas Pension Review Board