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Shape the Future of TLFFRA Legislative Changes

 

The Texas Pension Review Board has put out requests for comment on the changes they will propose to the Texas Legislature for the Texas Local Fire Firefighters Retirement Act, also known as TLFFRA.

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Actuaries Assume Cities Should Participate More

The Actuarial Panel on Oct. 3, 2023, at the TLFFRA Conference proved entertaining and informative to attendees. From left are David Fee, staff actuary of the Pension Review Board; Mark Fenlaw, with Rudd and Wisdom; David Sawyer, Definiti; Brad Heinrichs, Foster and Foster; and Thomas Bevins, Gabriel Roeder Smith & Company. 

A panel of four actuaries who work with pension funds across Texas and the U.S. shared their insights and experiences on various topics, such as city participation, intensive reviews, and benchmarking, at the Texas Local Fire Fighters Retirement Act (TLFFRA) Education Foundation Conference on Oct. 3, 2023. The panel was moderated by David Fee, the staff actuary for the Texas Pension Review Board (PRB). Getting municipalities to increase their participation was the hot topic of the panel.

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