All pension funds
Retirement Plan for Employees of Brownsville Navigation District
Local (Gov. Code ch. 810)·Under50MM plan
Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
124.4%
- Actuarial accrued liability
- $12.1M
- Actuarial value of assets
- $15.1M
- Unfunded liability
- $-3.0M
- Amortization period
- 0.0 years
- Assumed return
- 6.00%
- Contributions (employer / employee, % pay)
- 3.0% / 4.0%
Financial report
fiscal year 2025- Net assets (market value)
- $16.0M
- Benefit payments
- $848K
- Total contributions
- $1.7M
Membership
fiscal year 2025- Active members
- 109
- Annuitants
- 58
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 124.4% | $15.1M | $12.1M | $-3.0M | 0.0 |
| 2025 | 112.5% | $13.2M | $11.7M | $-1.5M | 0.0 |
| 2024 | 103.3% | $11.4M | $11.0M | $-366K | 0.0 |
| 2023 | 92.7% | $9.7M | $10.4M | $756K | 11.4 |
| 2022 | 85.0% | $8.4M | $9.9M | $1.5M | 12.1 |
| 2021 | 72.9% | $6.9M | $9.4M | $2.6M | 13.6 |
| 2020 | 64.5% | $5.9M | $9.1M | $3.2M | 15.3 |
| 2019 | 57.6% | $5.3M | $9.1M | $3.9M | 19.0 |
| 2018 | 54.3% | $4.9M | $9.1M | $4.2M | 20.0 |
| 2017 | 52.8% | $4.6M | $8.8M | $4.1M | 19.8 |