Denton FRRF is fourth among the 42 TLFFRA plans by funded ratio (91.15%) and one of only seven actuarially-determined-contribution plans in the cohort. The 6.75% discount rate sits at the conservative end of the TLFFRA range, and the 6.5-year amortization period is the fifth shortest statewide, behind only the two overfunded plans (Paris, The Woodlands), Amarillo, and Weslaco. The board adopted its 2.59% benefit multiplier under Plan Document Section B.2 effective January 1, 2011.
Source: PRB plan-detail page #117 plus fund-published materials.
Source: PRB plan-detail page #117.
Source: PRB plan-detail page #117. Tier 1 reflects the primary benefit tier; some plans have a separate Tier 2 for members hired after a specified date. See the PRB page for full plan provisions.
Audited financial statements 2020-2024 are published on the fund's website. Triennial actuarial valuations by Rudd and Wisdom (latest: December 31, 2023).
Source: https://dentonfirepension.com (Investment Policy revised 2/19/2013; valuation reports posted online)
City of Denton is one of a small number of municipalities in the United States and Canada accredited by CAAS for its EMS operations.
Source: https://www.cityofdenton.com/294/Fire and dentonrc.com Station 9 grand opening coverage
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Expense ratio note: The "Total Expenses (% of Assets)" line is the PRB's published total operating expenses (administrative + investment-related) as a percentage of net assets, sourced from each plan's annual financial report. Per the PRB's own disclaimer: "Due to inconsistencies in reporting of investment expenses, this data may not be an entirely accurate depiction of true investment-related expenses paid." Lower is generally better but cohort context matters. Smaller funds carry higher fixed administrative costs. The 42-fund average is 0.708% (70.8 bps); median is 0.675% (67.5 bps). Source: PRB expenses CSV →