Texas Municipal Retirement System (TMRS)

Actuarial Information as of December 31, 2021

Actuarial accrued liability (AAL)
Actuarial value of assets (AVA)
Unfunded actuarial accrued liability (UAAL)
Funded Ratio (AVA/AAL)
Equivalent Single Amortization Period as of 1/2023

Assumed rate of return

Valuation Payroll
UAAL as a percent of covered payroll		$870,955,947
  871,457,579
       (501,632)
          100.1%
                N/A

            6.75%

  122,487,985
             -0.4%
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Actuarial and Financial

TMRS Assets vs Liab

View downloadable data

The following documents can be found under the Actuarial Reports and Financial Reports tab at the TMRS website- Actuarial valuations for at least the past 5 years.

Actuarial Reports (PDF)

- Annual Reports for at least the past 5 years.

TMRS Financial Reports

Historical Investment Returns 


Return
Assumed Rate of Return
1-Year Return12.86%
6.75%
3-Year Return12.08%
6.75%
5-Year Return9.28%
6.75%
10-Year Return7.82%
6.75%


TMRS investment return

Source: TMRS 2021 Comprehensive Annual Financial Report 

Contributions

Actuarially Determined Contribution (ADC) rate - A target or recommended contribution to a defined benefit pension plan for the reporting period, determined in conformity with Actuarial Standards of Practice based on the most recent measurement available when the contribution for the reporting period was adopted.

Defined Contribution Rate

Other Links:

SBP Actuarial and Financial Information 

IFRRF Actuarial and Financial Information

Transparency

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