Forum countdown loadingFund Guide
Assets $91M #62 of 100 by AUM
Funded ratio 72.3% Latest PRB/SB 322 public value
10Y return 6.09% Assumption 7.00%
Members 285 169 active / 116 annuitants
Investment expense 0.76% % 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
9.94%
3-year return
2.10%
10-year return
6.09%
Return assumption
7.00%
10Y vs assumption
-0.91 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 4.97% 0.03%
Fixed Income 27.96% 0.15%
Equities 65.58% 0.36%
Cash 1.45% 0.01%

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
0.76%
Total direct + indirect
0.54%
Audit investment expense
0.76%

Service-level detail

Service category% of assets
Investment consultant 0.13%
Custodial 0.08%
Legal 0.00%
Research 0.00%
Other 0.00%
Total services 0.21%

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
169
Annuitants
116
Employee contribution
13.50%
Employer contribution
23.00%
Contribution type
Fixed
Social Security
No

Tier 1

Tier 1 Eligible Members
Members with >= 20 YCS on 1/1/2005
Age/YCS
55/20 or 50/25
Benefit Formula
71.50% x Final Average Salary + $113 x YCS > 20
Final Average Salary
Highest 60 months
COLA Ad hoc based on financial condition of the fund as determined by the fund actuary. DROP/PROP Provisions
Retro DROP, 5 yr. max. Employee contributions credited, no interest or COLA. Or, Partial Lump Sum Option of up to 48 months of benefit.

Tier 2

Tier 2 Eligible Members
Members with < 20 YCS on 1/1/2005
Age/YCS
55/20 or 50/25
Benefit Formula
71.50% x Final Average Salary + $113 x YCS > 20
Final Average Salary
Highest 60 months
COLA Ad hoc based on financial condition of the fund as determined by the fund actuary. DROP/PROP Provisions
Retro DROP, 5 yr. max. Employee contributions credited, no interest or COLA. Or, Partial Lump Sum Option of up to 48 months of benefit.
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