# Tyler Firefighters Relief & Retirement Fund

Tyler Firefighters Relief & Retirement Fund is a Pension Fund based in Tyler, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Tyler, United States
- **Region:** North America
- **Address:** Tyler, TX, United States
- **Assets under management:** $50M–$100M (Altss estimate)
- **Website:** cityoftyler.org

## Regulatory record

- **Reports private funds:** No

## About

The Tyler Firefighters Relief & Retirement Fund is a public pension system established under the Texas Local Fire Fighters Retirement Act (TLFFRA), a statutory framework that allows municipal fire departments across Texas to maintain locally controlled retirement plans. The fund provides defined-benefit pensions to firefighters employed by the City of Tyler, Texas, and operates under a board of trustees composed of active and retired firefighters alongside a citizen representative — a governance structure typical of TLFFRA plans. The fund maintains a conservative allocation reflecting its liability-driven mandate. The investment program is overseen by the board of trustees; named fiduciaries include active trustees David Riegor, Brett Besselman, Gerard Daniels, and Edward Llewellyn, retired trustee David Lantrip, citizen trustee Lisa Slagle, and system administrator Adam Smith. Advisor relationships and specific fund commitments are not publicly itemized at the level of detail larger Texas systems provide. The fund holds membership in the Texas Pension Review Board (PRB) network, participating in state-mandated educational training and compliance monitoring. As of May 2026, the City of Tyler remains the sponsoring governmental entity, making employer contributions that fund the actuarially determined obligations. The board retained its composition of local trustees without published turnover in the past 24 months; no significant structural changes, benefit adjustments, or allocation shifts have been publicly reported during that period. What distinguishes this plan structurally is its TLFFRA governance — unlike firefighters in the Texas Municipal Retirement System or a statewide plan, Tyler's firefighters have a dedicated, locally controlled fund whose benefit design and funding policy are determined by a board anchored in the department itself. This creates a compact decision-making loop where trustees are also plan participants, a dynamic that can influence risk appetite and investment horizon relative to pooled state systems.

## Sectors

- Real Estate
- Cash and Cash Equivalents

## People

- David Riegor — Active Trustee
- Brett Besselman — Active Trustee
- Gerard Daniels — Active Trustee
- David Lantrip — Retired Trustee
- Edward Llewellyn — Active Trustee
- Lisa Slagle — Citizen Trustee
- Adam Smith — System Administrator

## Questions

### Who runs investment decisions at the Tyler Firefighters Relief & Retirement Fund?

Investment decisions rest with the board of trustees, which includes active firefighters and one citizen trustee. The board operates under the Texas Local Fire Fighters Retirement Act (TLFFRA) framework. There is no publicly disclosed internal investment staff or external OCIO relationship; the board functions as the de facto investment committee.

### Is the Tyler Firefighters Relief & Retirement Fund part of a larger state pension system?

No. It operates independently under the Texas Local Fire Fighters Retirement Act (TLFFRA), which authorizes individual municipalities to administer their own firefighter pension funds. The fund is locally governed and funded, with the City of Tyler making employer contributions directly rather than routing contributions through a statewide pool.

### What oversight does the fund operate under?

The Texas Pension Review Board (PRB) provides regulatory oversight, educational training, and compliance monitoring. This is the state-level body charged with supervising Texas public retirement systems. The fund also operates within the statutory framework of the TLFFRA.

## Related profiles

- [South Coast Repertory](https://altss.com/profile/south-coast-repertory-inc)
- [General Mills Retiree Health Plan for Union Employees](https://altss.com/profile/general-mills)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/tyler-firefighters-relief-retirement-fund

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