Houston Firefighters Relief & Retirement Fund

Overview

Contact Information:
4225 Interwood N Pkwy
Houston, TX 77032
http://www.hfrrf.org
Phone: (281) 372-5100
Fax: (281) 372-5104

Classification: Muni
Year Created: 1937
Fiscal Year-End Month: 6

Total Members : 7,452

  Active Members: 3,676
  Inactive Members : 67
  Total Annuitants: 3,709
  (Effective Date: 6/30/2023)


Financials

(Effective Date: 6/30/2023)

Total Net Assets: $5,109,178,130

Total Assets : $5,147,442,441
Total Liabilities : $38,264,311
Total Additions : $313,172,521
Employer Contributions:
$72,474,989
23.14%
Employee Contributions:
$31,972,752
10.21%
Other Contributions:
$0
0.00%
Investment Income:
$208,724,780
66.65%
Other Income:
$0
0.00%

Total Deductions  : $297,730,850
Benefit Payments:
$1,677,318
0.56%
Withdrawals:
$281,417,678
94.52%
Administrative Expenses:
$4,482,408
1.51%
Investment Expenses:
$9,054,871
3.04%
Other Expenses:
$1,098,575
0.37%

Total Contribution Rate: 26.89%
(Effective Date: 7/1/2023)
Employer: 10.50%
Employee: 37.39%

Historical Investment Returns

(Report Date: 6/30/2022)
—  Assumed Rate of Return 7.00%
  • 1-Year Return: 0.01%
  • 3-Year Return: 10.86%
  • 10-Year Return: 8.58%
  • 30-Year Return: N/A
  • Note: Rates of return are reported net of fees.
  • Investment Policy Details
  • Assumed Rate of Return : 7.00%

Actuarial

(Effective Date: 7/1/2023)
Actuarial Value of Assets : $5,109,178,000
Market Value of Assets: $5,064,764,000
Actuarial Assumption Details

Actuarial Funded Ratio : 96.80%

Market Funded Ratio: 95.96%

Amortization Period (Yrs) : 6.208
Unfunded Liability : $213,180,000
Unfunded Liability per Member: $28,607

Benefit Tier Details


Benefits Information is not available for this plan.

Investment Policy Details

Effective Date: Not Available.


No Investment Policy information available.