Forum countdown loadingFund Guide
Assets $43.41B #33 of 100 by AUM
Funded ratio 89.4% Latest PRB/SB 322 public value
10Y return 6.57% Assumption 6.75%
Members 215,682 127,974 active / 87,708 annuitants
Investment expense 1.33% % 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
10.41%
3-year return
4.53%
10-year return
6.57%
Return assumption
6.75%
10Y vs assumption
-0.18 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 17.01% 0.10%
Fixed Income 13.06% 0.24%
Equities 34.70% 0.05%
Cash 0.01% 0.00%
Alternative Investments 34.85% 0.93%

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
1.33%
Total direct + indirect
1.31%
Audit investment expense
0.08%

Service-level detail

Service category% of assets
Investment consultant 0.00%
Custodial 0.00%
Legal 0.00%
Research 0.00%
Other 0.01%
Total services 0.02%

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
127,974
Annuitants
87,708
Employee contribution
6.73%
Employer contribution
14.70%
Contribution type
Actuarial
Social Security
Yes

Tier 1

Tier 1 Eligible Members
All
Age/YCS
Choice of 60/5, 60/10, 20 YCS, or 25 YCS
Benefit Formula
Lifetime Monthly Benefit based on employee's account balance - Employee contributions with 5% annual interest plus city matching funds and other credits as may be granted by the employer.
COLA Optional DROP/PROP Provisions
Partial lump sum option of up to 36 months of benefit capped at 75% of employee account balance
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What stays locked in the free forum guide