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Temple Firemen’s Relief and Retirement Fund
The Temple Firemen’s Relief and Retirement Fund was established in 2013 under the Texas Local Fire Fighters Retirement Act (TLFFRA), a statute that lets...
Temple Firemen’s Relief and Retirement Fund
The Temple Firemen’s Relief and Retirement Fund was established in 2013 under the Texas Local Fire Fighters Retirement Act (TLFFRA), a statute that lets individual fire departments run their own retirement systems independent of the Texas Municipal Retirement System. The City of Temple sponsors the fund, making employer contributions on behalf of its firefighters, while a local board of trustees — including named trustees Jason Haltom and Brett Stokes — governs administration, plan design, and investment policy. The fund deploys capital across a mix of mutual funds, insurance-linked securities (ILS), and external fund commitments, operating with a stated fund-of-funds strategy. Asset class coverage spans public equities through mutual fund vehicles, catastrophe bonds and other ILS instruments, and private-market fund commitments. The City of Temple coordinates with the Texas Municipal Retirement System regarding annuity eligibility, but the firemen’s fund retains independent investment authority. Recent board composition includes Bryan Daniel as the city financial director’s appointee and Traci Barnard as Temple’s finance director. The fund participates in the Texas Association of Public Employee Retirement Systems (TEXPERS), a statewide voluntary group that provides asset allocation studies and performance benchmarking for member systems. It also engages with the TLFFRA Association, the peer network of pension funds governed by the same statute. The Texas Pension Review Board, the state agency charged with overseeing all Texas public retirement systems, provides regulatory oversight. The fund’s defining structural feature is its statutory independence — unlike most municipal firefighters whose pensions are pooled into statewide systems, Temple’s firefighters have a dedicated, locally controlled vehicle with direct board governance over contribution rates and investment mandates. This architecture gives the board narrower constituency accountability than a statewide fund, with investment decisions made by trustees who are closer to the active firefighting workforce.
General information
Firm type
Pension Fund
Year founded
2013
AUM
$50M–$100M (Altss estimate)
Location
Region
North America
Country
United States
City
Temple
Corporate office
Temple, TX, United States
Principals
Jason Haltom
Board Trustee
Brett Stokes
Board Trustee
Bryan Daniel
City Financial Director's Appointee
Traci Barnard
City of Temple Finance Director
Sector focus
Frequently asked questions
Who runs investment decisions at the Temple Firemen’s Relief and Retirement Fund?
A locally appointed board of trustees governs the fund. Named trustees include Jason Haltom and Brett Stokes, with Bryan Daniel serving as the city financial director’s appointee. The board holds responsibility for investment policy, contribution rates, and plan administration, operating independently of the statewide Texas Municipal Retirement System.
How is the Temple Firemen’s fund structured relative to other Texas firefighter pensions?
The fund operates under the Texas Local Fire Fighters Retirement Act (TLFFRA), which allows individual municipal fire departments to maintain their own retirement systems rather than joining a consolidated statewide plan. This gives Temple’s board direct control over contributions and investment mandates, a structure distinct from firefighters whose pensions fall under the Texas Municipal Retirement System.
What asset classes does the fund invest in?
The fund allocates capital across mutual funds, insurance-linked securities (ILS), and a fund-of-funds program targeting external private-market commitments. Public equity exposure runs through mutual fund vehicles, while the ILS portfolio likely includes catastrophe bonds and related instruments. The fund-of-funds sleeve provides diversified access to private equity, credit, or real assets through external managers.
Does the Temple Firemen’s fund participate in co-investments or direct deals?
Current sourcing indicates a fund-of-funds orientation, with no evidence of direct co-investment activity. The fund accesses private markets through external fund commitments rather than building direct portfolio company positions. Its mutual fund and ILS allocations further reinforce an external-manager model.
What oversight body regulates the fund?
The Texas Pension Review Board (PRB) provides state-level oversight, monitoring actuarial soundness and investment governance for all Texas public retirement systems, including locally governed TLFFRA funds. The City of Temple also coordinates with the Texas Municipal Retirement System on annuity eligibility for firefighters.
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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