All pension funds

Waxahachie Firemen's Relief & Retirement Fund

Local fire (TLFFRA)·Under50MM plan

Actuarial valuation

fiscal year 2026, as reported to the PRB
Funded ratio
75.2%
Actuarial accrued liability
$37.1M
Actuarial value of assets
$27.9M
Unfunded liability
$9.2M
Amortization period
10.9 years
Assumed return
7.00%
Contributions (employer / employee, % pay)
16.9% / 12.0%

Financial report

fiscal year 2025
Net assets (market value)
$33.1M
Benefit payments
$1.5M
Total contributions
$2.8M

Membership

fiscal year 2025
Active members
86
Annuitants
45

Funded status by year

FYFunded ratioAssets (actuarial)LiabilityUnfundedAmortization
202675.2%$27.9M$37.1M$9.2M10.9
202575.2%$27.9M$37.1M$9.2M10.9
202475.2%$27.9M$37.1M$9.2M10.9
202363.0%$19.0M$30.2M$11.2M27.1
202263.0%$19.0M$30.2M$11.2M27.1
202174.9%$19.9M$26.5M$6.7M17.5
202074.9%$19.9M$26.5M$6.7M17.5
201973.1%$17.4M$23.8M$6.4M18.9
201873.1%$17.4M$23.8M$6.4M18.9
201766.9%$14.2M$21.2M$7.0M25.4
201666.9%$14.2M$21.2M$7.0M25.4
201568.9%$13.7M$19.9M$6.2M24.3
201468.9%$13.7M$19.9M$6.2M24.3
201364.5%$10.5M$16.2M$5.8M19.8
201264.5%$10.5M$16.2M$5.8M19.8
201161.3%$8.2M$13.3M$5.2M13.8
201061.3%$8.2M$13.3M$5.2M13.8
200958.2%$6.4M$10.9M$4.6M9.9
200858.2%$6.4M$10.9M$4.6M9.9
200764.7%$6.1M$9.4M$3.3M20.4
200664.7%$6.1M$9.4M$3.3M20.4
Full plan record at the Texas Pension Review Board