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Brownwood Firemen's Relief & Retirement Fund
The Brownwood Firemen's Relief & Retirement Fund is a contributory defined-benefit pension plan established for the Brownwood Fire Department.
Brownwood Firemen's Relief & Retirement Fund
The Brownwood Firemen's Relief & Retirement Fund is a contributory defined-benefit pension plan established for the Brownwood Fire Department. Governed under the Texas Local Fire Fighters Retirement Act (TLFFRA), it is one of 42 systems operating under that statutory framework across the state. The City of Brownwood serves as the sponsoring municipal employer. The Board of Trustees includes Chairman Matt Campbell, Secretary Justin Cadenhead, City Manager Marshal McIntosh, and Finance Director Melanie Larose, alongside citizen members Joe Stieber, Ryan Reagan, and Robert Myers. The Texas Pension Review Board monitors the fund's actuarial health and compliance. The fund's investment program relies on state-managed pooled vehicles. Known allocations include TexPool, the Texas state-sponsored short-term investment pool for local governments; Logic, a Texas-based commingled fund platform; and TexSTAR, a cooperative investment program offering broader fixed-income and money-market exposure. This structure places the fund within large, shared municipal-participant pools rather than a separately managed account model. No direct private-market commitments are visible from public records. The fund participates in TEXPERS performance surveys and educational events, aligning with the Texas public pension community. Total assets are undisclosed. Altss estimates the fund size below $10 million based on typical TLFFRA small-city single-employer plan profiles and the absence of separately managed relationships. Governance responsibilities are distributed among city officials and appointed citizen trustees, reflecting the municipal-embedded structure common to Texas firefighter relief funds. The authorized representative for TexPool transactions is the City Manager Marshal McIntosh, confirming operational integration with city treasury functions. The fund operates under a statutory framework that limits administrative discretion compared to independent trust-based pension plans. TLFFRA-governed systems follow state-mandated actuarial and funding standards, creating a compliance-driven rather than strategy-driven investment posture. This places the Brownwood fund among the smallest and most structurally constrained allocators in the Texas public pension landscape — meaningful less for its portfolio decisions than for its participation in aggregated state liquidity pools that other institutional investors track for municipal cash-flow signals.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Brownwood
Corporate office
Brownwood, TX, United States
Principals
Matt Campbell
Chairman, Board of Trustees
Marshal McIntosh
City Manager, Authorized Representative for TexPool Investments
Melanie Larose
Director of Finance, Board Member
Justin Cadenhead
Secretary, Board of Trustees
Joe Stieber
Member, Board of Trustees
Ryan Reagan
Citizen Board Member
Robert Myers
Citizen Board Member
Frequently asked questions
Who runs investment decisions at the Brownwood Firemen's Relief & Retirement Fund?
City Manager Marshal McIntosh is the authorized representative for TexPool investments, indicating city-level treasury involvement in asset placement. The Board of Trustees, chaired by Matt Campbell with Finance Director Melanie Larose as a board member, provides governance oversight. Day-to-day manager selection is likely constrained to the state-sponsored pooled vehicles TexPool, Logic, and TexSTAR.
Does the fund commit directly to private equity, real estate, or venture capital?
No evidence of direct private-market commitments exists in public records or state filings. Known allocations are limited to state-managed pooled funds — TexPool, Logic, and TexSTAR — which provide short-term liquidity and intermediate fixed-income exposure. The fund's size, likely under $10 million, makes direct alternatives impractical under Texas PRB actuarial guidelines for TLFFRA plans.
How is the fund related to the City of Brownwood?
The City of Brownwood is the single sponsoring employer. City officials hold key governance roles: the City Manager serves as the authorized TexPool representative, and the Director of Finance sits on the Board of Trustees. The fund is not an independent trust but is operationally integrated with city treasury functions.
What regulatory body oversees the fund?
The Texas Pension Review Board monitors the fund's actuarial soundness and funding status. The fund operates under the Texas Local Fire Fighters Retirement Act (TLFFRA), a state statute governing 42 local firefighter pension systems. TLFFRA mandates specific funding ratios and actuarial reporting standards.
Does the fund participate in any peer networks or industry groups?
The fund is a member of TEXPERS, the Texas Association of Public Employee Retirement Systems, participating in its asset allocation surveys, performance benchmarking, and annual educational conferences. TEXPERS membership connects the fund to the broader Texas municipal pension community.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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