Forum countdown loadingFund Guide
Assets $50.53B #16 of 100 by AUM
Funded ratio 89.9% Latest PRB/SB 322 public value
10Y return 8.10% Assumption 7.50%
Members 245,038 156,326 active / 88,712 annuitants
Investment expense 1.82% % 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
10.26%
3-year return
4.88%
10-year return
8.10%
Return assumption
7.50%
10Y vs assumption
+0.60 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 2.85% 0.01%
Fixed Income 1.96% 0.00%
Equities 24.11% 0.02%
Alternative Investments 65.77% 1.77%

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
1.82%
Total direct + indirect
1.80%
Audit investment expense
0.08%

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
156,326
Annuitants
88,712
Employee contribution
6.78%
Employer contribution
12.59%
Contribution type
Actuarial
Social Security
Yes

Tier 1

Tier 1 Eligible Members
All
Age/YCS
Varies
Benefit Formula
Lifetime Monthly Benefit based on employee's account balance - Employee contribution grown at 7% compounded annually, matched at a specified percent by the employer
COLA None DROP/PROP Provisions
None
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