All pension funds
Wichita Falls Firemen's Relief & Retirement Fund
Local fire (TLFFRA)·Under100MM plan
Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
59.2%
- Actuarial accrued liability
- $112.9M
- Actuarial value of assets
- $66.8M
- Unfunded liability
- $46.1M
- Amortization period
- 25.0 years
- Assumed return
- 7.50%
- Contributions (employer / employee, % pay)
- 18.0% / 13.0%
Financial report
fiscal year 2025- Net assets (market value)
- $66.8M
- Benefit payments
- $6.3M
- Total contributions
- $4.6M
Membership
fiscal year 2025- Active members
- 170
- Annuitants
- 149
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 59.2% | $66.8M | $112.9M | $46.1M | 25.0 |
| 2025 | 54.9% | $59.6M | $108.7M | $49.1M | 36.7 |
| 2024 | 52.5% | $55.2M | $105.0M | $49.8M | 56.7 |
| 2023 | 65.0% | $62.4M | $95.9M | $33.6M | 32.1 |
| 2022 | 65.0% | $62.4M | $95.9M | $33.6M | 32.1 |
| 2021 | 56.8% | $52.8M | $93.1M | $40.2M | 43.3 |
| 2020 | 56.8% | $52.8M | $93.1M | $40.2M | 43.3 |
| 2019 | 57.7% | $51.3M | $88.9M | $37.6M | never |
| 2018 | 57.7% | $51.3M | $88.9M | $37.6M | never |
| 2017 | 62.5% | $49.8M | $79.7M | $29.9M | 49.4 |
| 2016 | 64.4% | $48.6M | $75.5M | $26.9M | 43.7 |
| 2015 | 65.2% | $47.1M | $72.3M | $25.1M | 105.9 |
| 2014 | 63.0% | $42.0M | $66.6M | $24.6M | 63.2 |
| 2013 | 63.0% | $42.0M | $66.6M | $24.6M | 63.2 |
| 2012 | 63.0% | $42.0M | $66.6M | $24.6M | 63.2 |
| 2011 | 68.3% | $41.1M | $60.2M | $19.0M | 38.9 |
| 2010 | 68.3% | $41.1M | $60.2M | $19.0M | 38.9 |
| 2009 | 72.5% | $39.4M | $54.3M | $14.9M | 24.8 |
| 2008 | 72.5% | $39.4M | $54.3M | $14.9M | 24.8 |
| 2007 | 74.8% | $35.6M | $47.6M | $12.0M | 34.6 |
| 2006 | 74.8% | $35.6M | $47.6M | $12.0M | 34.6 |