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PRB Fund Profile | TLFFRA Fire

Harlingen Firemen's Relief & 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.

#61 of 100 by AUM Under $100M FYE September 30, 2024 PRB plan #166
Assets $48M #61 of 100 by AUM
Funded ratio 70.7% Latest PRB/SB 322 public value
10Y return 6.87% Assumption 7.75%
Members 201 108 active / 93 annuitants
Investment expense 0.69% % 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
21.79%
3-year return
4.91%
10-year return
6.87%
Return assumption
7.75%
10Y vs assumption
-0.88 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 8.09% 0.10%
Fixed Income 20.46% 0.11%
Equities 68.06% 0.26%

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
0.69%
Total direct + indirect
0.47%
Audit investment expense
0.40%

Service-level detail

Service category% of assets
Investment consultant 0.11%
Custodial 0.00%
Legal 0.11%
Research 0.00%
Other 0.00%
Total services 0.22%

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
108
Annuitants
93
Employee contribution
15.00%
Employer contribution
17.00%
Contribution type
Fixed
Social Security
No

Tier 1

Tier 1 Eligible Members
Hired on or before 4/1/2019
Age/YCS
50/20
Benefit Formula
65.5% x Final Average Salary + $65 for Years of Credited Service > 20 on or before 4/30/2019 + $50 for Years of Credited Service > 20 after 4/30/2019 (maximum of 30 YCS)
Final Average Salary
Highest 60 months
COLA None DROP/PROP Provisions
Forward DROP, 3 yr. max. Employee contributions credited, no interest. Or Retro DROP - a partial lump sum option of 24 months of benefit.

Tier 2

Tier 2 Eligible Members
Hired on or after 4/1/2019
Age/YCS
50/20
Benefit Formula
2.50% x Final Average Salary x Years of Credited Service (maximum of 70% of a member's FAS)
Final Average Salary
Highest 60 months
COLA None DROP/PROP Provisions
Forward DROP, 3 yr. max. Employee contributions credited, no interest. Or Retro DROP - a partial lump sum option of 24 months of benefit.
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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