All pension funds

Midland Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Huge plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
70.5%
Actuarial accrued liability
$217.5M
Actuarial value of assets
$153.4M
Unfunded liability
$64.1M
Amortization period
27.9 years
Assumed return
7.00%
Contributions (employer / employee, % pay)
24.1% / 14.1%

Financial report

fiscal year 2025
Net assets (market value)
$154.5M
Benefit payments
$13.7M
Total contributions
$65.2M

Membership

fiscal year 2025
Active members
241
Annuitants
205

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202670.5%$153.4M$217.5M$64.1M27.9
202570.5%$153.4M$217.5M$64.1M27.9
202469.6%$147.4M$211.6M$64.3M28.8
202343.1%$91.5M$212.4M$120.9Mnever
202245.6%$91.7M$200.8M$109.1Mnever
202145.6%$91.7M$200.8M$109.1Mnever
202051.1%$90.8M$177.6M$86.8Mnever
201951.1%$90.8M$177.6M$86.8Mnever
201860.9%$91.9M$150.8M$59.0Mnever
201760.9%$91.9M$150.8M$59.0Mnever
201665.8%$87.0M$132.3M$45.3M44.7
201565.8%$87.0M$132.3M$45.3M44.7
201466.8%$78.5M$117.4M$39.0M59.1
201372.2%$73.1M$101.2M$28.1M86.3
201272.2%$73.1M$101.2M$28.1M86.3
201178.1%$70.6M$90.3M$19.8M41.2
201078.1%$70.6M$90.3M$19.8M41.2
200972.1%$67.4M$93.4M$26.0M47.0
200872.1%$67.4M$93.4M$26.0M47.0
200773.4%$58.8M$80.1M$21.3M47.2
200673.4%$58.8M$80.1M$21.3M47.2
Full plan record at the Texas Pension Review Board