All pension funds

Plainview Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under10MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
41.3%
Actuarial accrued liability
$19.9M
Actuarial value of assets
$8.2M
Unfunded liability
$11.7M
Amortization period
32.2 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
25.0% / 15.0%

Financial report

fiscal year 2025
Net assets (market value)
$8.5M
Benefit payments
$1.2M
Total contributions
$1.0M

Membership

fiscal year 2025
Active members
36
Annuitants
42

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202641.3%$8.2M$19.9M$11.7M32.2
202541.3%$8.2M$19.9M$11.7M32.2
202442.9%$8.0M$18.7M$10.7M33.1
202342.9%$8.0M$18.7M$10.7M33.1
202243.5%$7.6M$17.5M$9.9M33.0
202143.5%$7.6M$17.5M$9.9M33.0
202034.0%$6.0M$17.6M$11.6M79.7
201934.0%$6.0M$17.6M$11.6M79.7
201837.7%$6.2M$16.5M$10.3M44.8
201737.7%$6.2M$16.5M$10.3M44.8
201637.3%$5.8M$15.6M$9.8M31.6
201537.3%$5.8M$15.6M$9.8M31.6
201439.0%$5.3M$13.5M$8.2M31.4
201339.0%$5.3M$13.5M$8.2M31.4
201239.1%$5.0M$12.7M$7.7M35.2
201139.1%$5.0M$12.7M$7.7M35.2
201039.3%$4.5M$11.4M$6.9M123.2
200939.3%$4.5M$11.4M$6.9M123.2
200854.9%$5.8M$10.6M$4.8M28.7
200754.9%$5.8M$10.6M$4.8M28.7
200646.6%$4.2M$9.0M$4.8M35.8
Full plan record at the Texas Pension Review Board