Apollo

The Fund’s actuary has determined the COLA will be 4%. Members age 55+ & those receiving general disability benefits will see their monthly amount increase by 4% beginning with the October 31st benefit payment.

Despite global conflict and financial turmoil, preliminary performance results show HFRRF achieved a positive return in FY22. Through the amazing and innovative work of our investments team led by CIO Ajit Singh, HFRRF once again surpassed the 7% target rate. Thank you to the Board of Trustees and staff at HFRRF for working together to reach our goals and take care of our members every day.

Today, the 1st Court of Appeals issued their ruling regarding SB2190 determining that SB2190 is constitutional. The HFRRF Board believes that the District Court ruling was correct and intends to appeal to the Texas Supreme Court.