Forum countdown loadingFund Guide
Assets $756M #10 of 100 by AUM
Funded ratio 101.9% Latest PRB/SB 322 public value
10Y return 7.79% Assumption 7.00%
Members 1,297 675 active / 622 annuitants
Investment expense 0.49% % of assets, SB 322
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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
12.51%
3-year return
5.70%
10-year return
7.79%
Return assumption
7.00%
10Y vs assumption
+0.79 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 N/A 0.15%
Fixed Income 15.74% 0.00%
Equities 35.36% 0.04%
Alternative Investments 43.81% 0.28%

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
0.49%
Total direct + indirect
0.48%
Audit investment expense
0.12%

Service-level detail

Service category% of assets
Investment consultant 0.01%
Custodial 0.00%
Legal 0.00%
Research 0.00%
Other 0.00%
Total services 0.01%

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
675
Annuitants
622
Employee contribution
8.42%
Employer contribution
19.25%
Contribution type
Fixed
Social Security
No

Cash Balance

Cash Balance Eligible Members
Hired after 8/31/24
Age/YCS
65/10 currently presiding or 65/12 or 20 YCS or Rule of 70 including 12 YCS on appellate court
Benefit Formula
Accumulated account balance + 150% match
COLA None DROP/PROP Provisions
None

Tier 1

Tier 1 Eligible Members
Hired before 9/1/2024
Age/YCS
65/10 currently presiding or 65/12 or 20 YCS or Rule of 70 including 12 YCS on appellate court
Benefit Formula
50% x Final Average Salary + 10% if retired within one year of leaving office and YCS x 2.3% X FAS for years after reaching Rule of 70
Final Average Salary
Final Salary for the last position from which the member was elected or appointed
COLA None DROP/PROP Provisions
None
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