All pension funds

Texas City Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
43.9%
Actuarial accrued liability
$41.5M
Actuarial value of assets
$18.2M
Unfunded liability
$23.2M
Amortization period
17.6 years
Assumed return
7.25%
Contributions (employer / employee, % pay)
19.0% / 17.0%

Financial report

fiscal year 2025
Net assets (market value)
$20.5M
Benefit payments
$2.8M
Total contributions
$3.2M

Membership

fiscal year 2025
Active members
84
Annuitants
62

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202643.9%$18.2M$41.5M$23.2M17.6
202543.9%$18.2M$41.5M$23.2M17.6
202443.9%$18.2M$41.5M$23.2M17.6
202342.2%$16.2M$38.5M$22.2M19.4
202242.2%$16.2M$38.5M$22.2M19.4
202145.4%$16.9M$37.2M$20.3M28.2
202045.4%$16.9M$37.2M$20.3M28.2
201945.9%$15.8M$34.5M$18.6M41.1
201845.9%$15.8M$34.5M$18.6M41.1
201750.4%$15.9M$31.5M$15.6M28.0
201650.4%$15.9M$31.5M$15.6M28.0
201554.4%$16.3M$29.9M$13.6M31.6
201454.4%$16.3M$29.9M$13.6M31.6
201353.0%$14.9M$28.1M$13.2M33.6
201253.0%$14.9M$28.1M$13.2M33.6
201153.6%$13.6M$25.3M$11.7M29.1
201053.6%$13.6M$25.3M$11.7M29.1
200941.8%$9.6M$22.9M$13.3M53.3
200841.8%$9.6M$22.9M$13.3M53.3
200761.4%$12.3M$20.0M$7.7M43.5
200661.4%$12.3M$20.0M$7.7M43.5
Full plan record at the Texas Pension Review Board