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Fund Profile

Corpus Christi Fire Fighters' Retirement System

Corpus Christi FF is a Texas Local Fire Fighters Retirement Act (TLFFRA) plan in Corpus Christi, Nueces County. FY2024 PRB filings report $194.7M in assets, placing it in the $100M+ asset band, with a 62.5% funded ratio and 14.7 yr amortization. Provider names below appear only when this build has a source-backed public record.

Plan #89 $100M+ 3 verified provider roles
AUM $194.7M #5 of 42 by assets
Funded 62.5% #24 of 42
Amortization 14.7 yr FY2024 PRB
Expense BPS 46.7 bps Expense rank 14 of 42
Members 820 465 active / 355 annuitants
Verified provider records

Service providers named in public sources

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Managers

Fee note: 2024 audit lists $1,000,933 investment management fees, $81,946 custodial fees, $95,448 investment consulting fees, and $1,178,327 total investment expenses.

Benefits and membership

Plan provisions from PRB filing

Active Members
465
Annuitants
355
Employee Contribution
14.10% of pay
Employer Contribution
26.20% of pay
Normal Retirement
54/20
Benefit Formula
The greater of: 52% x Final Average Salary + $150 x Years of Credited Service or $137 x YCS
Final Average Salary
Highest 60 months
COLA
Ad hoc based on financial condition of the retirement system shown in actuarial valuation