All pension funds

Sweetwater Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under10MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
51.3%
Actuarial accrued liability
$19.6M
Actuarial value of assets
$10.0M
Unfunded liability
$9.5M
Amortization period
39.0 years
Assumed return
7.50%
Contributions (employer / employee, % pay)
21.3% / 17.0%

Financial report

fiscal year 2024
Net assets (market value)
$9.1M
Benefit payments
$1.3M
Total contributions
$818K

Membership

fiscal year 2024
Active members
27
Annuitants
31

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202651.3%$10.0M$19.6M$9.5M39.0
202551.3%$10.0M$19.6M$9.5M39.0
202451.3%$10.0M$19.6M$9.5M39.0
202355.1%$9.7M$17.6M$7.9Mnever
202255.1%$9.7M$17.6M$7.9Mnever
202163.2%$9.4M$14.9M$5.5M68.9
202063.2%$9.4M$14.9M$5.5M68.9
201963.9%$8.8M$13.7M$4.9M63.3
201863.9%$8.8M$13.7M$4.9M63.3
201770.0%$8.4M$12.1M$3.6M27.5
201670.0%$8.4M$12.1M$3.6M27.5
201569.0%$8.2M$11.9M$3.7M58.8
201469.0%$8.2M$11.9M$3.7M58.8
201369.5%$7.2M$10.4M$3.2Mnever
201269.5%$7.2M$10.4M$3.2Mnever
201176.8%$7.4M$9.7M$2.2M39.4
201076.8%$7.4M$9.7M$2.2M39.4
200976.5%$6.8M$8.8M$2.1M41.7
200876.5%$6.8M$8.8M$2.1M41.7
200784.3%$6.8M$8.0M$1.3M22.9
200684.3%$6.8M$8.0M$1.3M22.9
Full plan record at the Texas Pension Review Board