FY2024 source-reconciled actuarial data · Public Plans Database

Austin Fire

Funded ratio, unfunded liability, member counts, and 23-year financial history for Austin Fire, sourced from the Public Plans Database (Boston College CRR) and cross-checked against actuarial valuations.

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By · · Texas · Police & Fire Plan · Data through FY2024

Funded Ratio: 76.9% (At Risk) Austin Fire funded ratio compared to national public pension benchmark. FUNDED RATIO 76.9% At Risk Nat'l avg 75.49869791666667% 0% 60 70 80 100% Healthy > 80% · At-risk 70-80% · Critical < 60%
Austin Fire funded ratio is 76.9 percent, classified as At Risk. National public-pension benchmark is 75.49869791666667 percent.
Actuarial funded ratio
76.9%
Health grade
CReported funded ratio below full funding
Actuarial assets
$1.17B
Members
2,277

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Austin Fire is one of 197 public pension plans tracked nationwide. The plan card reports source-reconciled actuarial figures through FY2024; the multi-year table includes only years whose reported ratio ties to its actuarial dollars. This site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

Smaller membership book

Austin Fire ranks #172 of 190 by reported members (2,277), bottom-third membership book among plans with a count.

Austin Fire in the smaller-membership third

According to the Public Plans Database, Austin Fire carries a bottom-third membership book (2,277, #172 of 190) with a 76.9% actuarial funded ratio (grade C).

76.9%
Funded · #161 of 192
C
Health grade
2,277
Members · #172 of 190
-20.4pp
FY2001→FY2024
Subscribe to funded-ratio changes (RSS)

Actuarial Unfunded Liability

$349M

Below-median unfunded liability · source-reported UAAL

Total Members

2,277

active + retired + vested

1-Year Return

12.7%

Strong return year · net investment return

6.1pp vs 5-yr avg

5-Year Avg Return

6.6%

Near assumed rate · annualized, net of fees

D
Composite Health Score
43/100
Austin Fire

Transparent derived index from public pension-plan filings, not an official rating. A 4-dimension composite (funded ratio, contribution discipline, 5-year investment return, unfunded burden), each scored against this dataset's own percentile distribution across 197 reporting plans. Not the same as the plan's headline funded-ratio grade above. See the exact dimensions, weights, and formula.

Funded Ratio C-
76.9%
Actuarial assets as a share of liabilities
Contribution Discipline N/A
N/A
Share of the actuarially required contribution actually paid
Investment Returns F
6.6%
5-year annualized investment return
Unfunded Burden C-
23.1%
Unfunded liability as a share of total obligations
How this score is calculated (benchmark table)
Dimension P10 P25 P50 P75 P90 Weight
Funded ratio (higher = better) 57.6% 67.2% 75.0% 87.0% 97.6% 0.35
Contribution discipline (ARC) (higher = better) 88.4% 100.0% 100.0% 104.1% 122.1% 0.25
5yr investment return (higher = better) 6.4% 7.5% 8.3% 9.1% 9.9% 0.20
Unfunded burden (lower = better) 2.0% 12.7% 25.0% 33.1% 42.4% 0.20

Percentiles computed across all 197 plans in this database with a reported value for that metric (2026-09-09). A dimension a plan does not report drops out of its composite, and that weight redistributes across the dimensions it does report, so thin reporting never silently lowers a score relative to a fully-reported peer.

Participant Composition

Participants: 1.2K active, 995 retired, 0 separated Plan participant breakdown showing active workers, retirees, and separated-vested members. PARTICIPANT MIX 2.3K total members 55% 44% Active 1.2K Retired 995 Separated 0 Active-to-Retiree 1.25 · Transitioning
Plan participant breakdown: 1.2K active workers, 995 retirees, 0 separated-vested members. Sustainability rating: Transitioning.

Investment Policy Mix

Asset Allocation: 55% equity, 25% fixed income, 17% alternatives Austin Fire investment policy mix as reported in its CAFR and actuarial valuation. ASSET ALLOCATION $1.2B market assets · CAFR / actuarial valuation 55% 25% 17% Equity 55.0% Fixed Inc. 25.0% Alternatives 17.0% Cash 3.0% Investment Stance: Growth-Tilted · Equity + Alts 72%
Austin Fire asset allocation: 55% equity, 25% fixed income, 17% alternatives, 3% cash. Investment stance: Growth-Tilted.

Funded ratio, 2001 to 2024

Assets as a share of the benefits already promised, one point per reported year. Down 20.4 points across the series. This is the multi-year table's series, so its last point can be a later year than the plan card above, which reports the plan's own latest valuation.

75%80%85%90%95%100%105% 2001200720132016201920222024 76.9%

What changed, FY2023 to FY2024

8.7 pts funded ratio

Austin Fire's funded ratio fell 8.7 points from FY2023 to FY2024, driven by its assets, which shrank 6.8% while the accrued liability moved +3.7%.

Funded ratio
85.6% → 76.9%
Actuarial assets
$1.25B → $1.17B (-6.8%)
Accrued liability
$1.46B → $1.51B (+3.7%)
Where the 8.7-point move came from
Assets
-5.8 pts
Accrued liability
-2.9 pts

Accrued liability is the source-reported value for benefits already promised. The two contributions are the move the ratio would have made on the prior year’s liability (assets) and the remainder (liability); they sum to the total by construction. Both years shown provide source-reconciled actuarial assets and liability, so neither figure rests on a ratio published on its own. Source: Public Plans Database (Boston College CRR / NASRA), loaded July 2026. See our funding-change board for how this plan’s move compares with the rest of the dataset.

Historical Actuarial Funding

Year Actuarial Ratio
2024 76.9%
2023 85.6%
2022 86.9%
2021 89.6%
2020 87.5%
2019 86.8%
2018 88.0%
2017 88.3%
2016 88.3%
2015 85.2%
2014 90.9%
2013 91.8%
2011 87.3%
2009 88.7%
2007 99.6%
2005 85.1%
2003 93.0%
2001 97.3%

What the Data Says About Austin Fire

Austin Fire shows a comfortably above-average funding position, 1 points above the 75.5% national average across tracked plans. A 5-year average investment return of 6.6% factors into the plan's overall trajectory.

For Texas taxpayers and plan members, the $349M source-reported actuarial unfunded liability is the shortfall this plan must close over time.

Where this data comes from + how funding gaps get resolved

These figures come from the Public Plans Database, a collaboration between the Boston College Center for Retirement Research and NASRA that compiles them from each plan's Comprehensive Annual Financial Reports (CAFRs) and actuarial valuations. The relationship between contribution adequacy and investment performance determines whether an unfunded liability narrows or expands year over year, and the gap itself is typically closed through some combination of higher contributions, investment returns, or benefit modifications. See our methodology for how public-pension funding differs from ERISA-backed private plans, and our disclaimer below before acting on this data.

Membership

1,246
Active Members
995
Retirees
2,277
Total Members

Plan Details

Plan Type
Police & Fire
State
Texas
Market Assets
$1.17B
Source: Public Plans Database (PPD)
Boston College CRR / NASRA

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Read with this plan

Every figure on PlainPension is rendered directly from the Public Plans Database (Boston College Center for Retirement Research), no number is typed in by an editor. Austin Fire ranks #161 of 192 by funded ratio and #172 of 190 by membership. This information is for informational purposes only and does not constitute professional advice, consult a qualified professional before acting on it. See our editorial standards & corrections policy, the typed corrections pathway, the methodology behind these numbers, or report a data error. Data current as of July 2026.