transparency

San Angelo Firemens Relief & Retirement Fund

Overview

Contact Information:
306 W. 1st St.
San Angelo, TX 76903
http://safiredept.com
Phone: (325) 657-4355
Fax: None Reported

Classification: TLFFRA
Year Created:
Fiscal Year-End Month: 12

Total Members : 348

  Active Members: 188
  Inactive Members : 4
  Total Annuitants: 156
  (Effective Date: 12/31/2022)

Financials

(Effective Date: 12/31/2022)

Total Net Assets: $68,900,574

Total Assets : $68,900,574
Total Liabilities : $0
Total Additions : $5,469,790
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Employer Contributions:
$2,855,248
52.20%
Employee Contributions:
$2,614,542
47.80%
Other Contributions:
$0
0.00%
Investment Income:
$0
0.00%
Other Income:
$0
0.00%

Total Deductions  : $8,517,242
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Benefit Payments:
$0
0.00%
Withdrawals:
$8,159,207
95.80%
Administrative Expenses:
$84,993
1.00%
Investment Expenses:
$273,042
3.21%
Other Expenses:
$0
0.00%
Total Contribution Rate: 20.20%
(Effective Date: 12/31/2021)
Employer: 18.50%
Employee: 38.70%

Historical Investment Returns

(Report Date: 12/31/2022)
—  Assumed Rate of Return 7.80%
Created with Highcharts 9.0.1Rate of Return1-Year Return3-Year Return10-Year Return30-Year Return-0.2%-0.15%-0.1%-0.05%0%0.05%0.1%
  • 1-Year Return: -0.1439
  • 3-Year Return: 0.0142
  • 10-Year Return: 0.0573
  • 30-Year Return: 0.0684
  • Note: Rates of return are reported net of fees.
  • Investment Policy Details
  • Assumed Rate of Return : 7.80%

Actuarial

(Effective Date: 12/31/2021)
Actuarial Value of Assets : $83,445,130
Market Value of Assets: $79,696,498
Actuarial Assumption Details

Actuarial Funded Ratio : 68.04%

Market Funded Ratio: 64.98%

Amortization Period (Yrs) : 29.7
Unfunded Liability : $42,942,341
Unfunded Liability per Member: $123,398