All pension funds
University Park Firemen's Relief & Retirement Fund
Local fire (TLFFRA)·Under50MM plan
Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
48.7%
- Actuarial accrued liability
- $30.5M
- Actuarial value of assets
- $14.8M
- Unfunded liability
- $15.6M
- Amortization period
- 22.8 years
- Assumed return
- 7.00%
- Contributions (employer / employee, % pay)
- 48.3% / 10.0%
Financial report
fiscal year 2024- Net assets (market value)
- $14.3M
- Benefit payments
- $1.5M
- Total contributions
- $1.8M
Membership
fiscal year 2024- Active members
- 24
- Annuitants
- 44
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 48.7% | $14.8M | $30.5M | $15.6M | 22.8 |
| 2025 | 48.7% | $14.8M | $30.5M | $15.6M | 22.8 |
| 2024 | 48.7% | $14.8M | $30.5M | $15.6M | 22.8 |
| 2023 | 44.9% | $12.8M | $28.6M | $15.8M | 24.8 |
| 2022 | 44.9% | $12.8M | $28.6M | $15.8M | 24.8 |
| 2021 | 42.3% | $11.3M | $26.8M | $15.5M | 26.8 |
| 2020 | 42.3% | $11.3M | $26.8M | $15.5M | 26.8 |
| 2019 | 43.4% | $10.5M | $24.1M | $13.7M | 28.8 |
| 2018 | 43.4% | $10.5M | $24.1M | $13.7M | 28.8 |
| 2017 | 44.0% | $10.1M | $23.1M | $12.9M | never |
| 2016 | 44.0% | $10.1M | $23.1M | $12.9M | never |
| 2015 | 45.8% | $9.4M | $20.6M | $11.2M | 53.7 |
| 2014 | 44.3% | $8.6M | $19.3M | $10.8M | 81.3 |
| 2013 | 44.3% | $8.6M | $19.3M | $10.8M | 81.3 |
| 2012 | 44.3% | $8.6M | $19.3M | $10.8M | 81.3 |
| 2011 | 50.7% | $9.0M | $17.8M | $8.8M | 40.6 |
| 2010 | 50.7% | $9.0M | $17.8M | $8.8M | 40.6 |
| 2009 | 46.3% | $7.7M | $16.7M | $9.0M | 46.0 |
| 2008 | 46.3% | $7.7M | $16.7M | $9.0M | 46.0 |
| 2007 | 57.0% | $8.3M | $14.5M | $6.2M | 74.0 |
| 2006 | 57.0% | $8.3M | $14.5M | $6.2M | 74.0 |