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PRB Fund Profile | Municipal / Other

Fort Worth Employees' Retirement Fund

A public PRB/SB 322 snapshot for Summer Forum preparation. The visible data below comes from PRB public sources only. Paid dashboard fields are intentionally blurred and locked.

#29 of 100 by AUM $1B+ FYE September 30, 2024 PRB plan #140
Assets $3.28B #29 of 100 by AUM
Funded ratio 55.1% Latest PRB/SB 322 public value
10Y return 6.90% Assumption 7.00%
Members 12,608 7,254 active / 5,354 annuitants
Investment expense 0.98% % of assets, SB 322
Free data boundary

Published by Simpli-FI Events, using public PRB data.

This page is an event companion profile built from public regulatory data for Summer Forum planning and source review.

No financial advice. Nothing here is investment, actuarial, legal, fiduciary, procurement, provider-selection, or financial advice. Verify current source documents before formal decisions.

Returns and assumptions

Reported performance

1-year return
16.00%
3-year return
4.70%
10-year return
6.90%
Return assumption
7.00%
10Y vs assumption
-0.10 pts

Returns are net-of-fees as reported to the Texas Pension Review Board in the SB 322 Investment Data Report.

Asset allocation

Portfolio composition

Asset classAllocationClass expense
Real Assets 11.67% 0.19%
Fixed Income 26.83% 0.03%
Equities 46.45% 0.06%
Alternative Investments 21.83% 0.63%

Displayed percentages are the reported SB 322 allocation rows. The bar normalizes visible categories when rounding or blank rows make totals differ from 100%.

Investment expense breakdown

SB 322 expense categories

Total investment expense
0.98%
Total direct + indirect
0.92%
Audit investment expense
0.13%

Service-level detail

Service category% of assets
Investment consultant 0.04%
Custodial 0.02%
Legal 0.00%
Research 0.00%
Other 0.00%
Total services 0.06%

The PRB services line is an expense category, not a firm-name field. Provider names stay locked unless a source-backed public record exists in the off-site Simpli-FI Signal Desk workspace.

Benefits and membership

PRB public plan detail

Active members
7,254
Annuitants
5,354
Employee contribution
12.69%
Employer contribution
26.87%
Contribution type
Actuarial
Social Security
No

Group I - General Employees (Tier I)

Group I - General Employees (Tier I) Eligible Members
General Employees - Hired before 7/1/2011
Age/YCS
65/5 or rule of 80
Benefit Formula
(Years of Credited Service before 10/1/2013 x 3.0% x Final Average Salary) + (Years of Credited Service on/after 10/1/2013 through 7/19/2019 x 2.5% x Final Average Salary) + (Years of Credited Service on/after 7/20/2019 x 2.5% x Final Average Salary)
Final Average Salary
Highest 60 months
COLA If retired or in DROP on or before 1/1/21: For credited service prior to 10/1/13, choice of 2% simple COLA or AD HOC1. For credited service on or after 10/1/13, 2% simple. If not in DROP or retired as of 1/1/21: Variable COLA DROP/PROP Provisions
Forward DROP, 6 yr max. No interest, COLA only if 2 years of service completed after DROP election and none for service on/after 7/20/2019, contributions credited to the fund

Group II - General Employees (Tier II)

Group II - General Employees (Tier II) Eligible Members
General Employees - Hired on/after 7/1/2011
Age/YCS
65/5 or rule of 80
Benefit Formula
(Years of Credited Service on/after 10/1/2013 through 7/19/2019 x 2.5% x Final Average Salary) + (Years of Credited Service on/after 7/20/2019 x 2.5% x Final Average Salary)
Final Average Salary
Highest 5 years
COLA None DROP/PROP Provisions
Forward DROP, 6 yr max. No interest/COLA, contributions credited to the fund
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What stays locked in the free forum guide

Provider relationships Service provider database Consultants, custodians, managers, counsel, actuaries, auditors, source links, and relationship notes where verified. Learn about Signal Desk Governance graph Board, staff, and relationship context Named fiduciaries, leadership changes, board composition, meeting-source links, and relationship history when source-backed. Learn about Signal Desk Research ledger Disclosures and historical return library Source-file history, Investment Practices and Performance Evaluation notes, return methodology, and follow-up workflow. Learn about Signal Desk