All pension funds
Retirement Plan for Sweeny Community Hospital
Local (Gov. Code ch. 810)·Under10MM plan
Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
95.6%
- Actuarial accrued liability
- $3.0M
- Actuarial value of assets
- $2.9M
- Unfunded liability
- $132K
- Amortization period
- 12.0 years
- Assumed return
- 5.00%
- Contributions (employer / employee, % pay)
- 183.6% / 0.0%
Financial report
fiscal year 2025- Net assets (market value)
- $3.0M
- Benefit payments
- $322K
- Total contributions
- $150K
Membership
fiscal year 2025- Active members
- 2
- Annuitants
- 20
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 95.6% | $2.9M | $3.0M | $132K | 12.0 |
| 2025 | 85.7% | $2.8M | $3.3M | $470K | 13.0 |
| 2024 | 90.1% | $3.3M | $3.7M | $364K | 14.0 |
| 2023 | 93.3% | $3.5M | $3.7M | $251K | 15.0 |
| 2022 | 95.2% | $3.6M | $3.8M | $185K | 16.0 |
| 2021 | 85.7% | $3.4M | $4.0M | $571K | 17.0 |
| 2020 | 88.8% | $3.3M | $3.7M | $416K | 18.0 |
| 2019 | 86.4% | $3.2M | $3.7M | $504K | 19.0 |
| 2018 | 85.8% | $3.4M | $3.9M | $556K | 20.0 |
| 2017 | 89.8% | $3.3M | $3.7M | $375K | 12.0 |