IMPORTANT CONTACT NUMBERS

 Auto Registration  903.590.4741
 City Hall  903.842.3128
 Constable, Pct #3  903.590.4745
 Justice of the Peace  903.590.4737
 Library  903.842.3101
 Post Office  903.842.4413
 Police Dept  903.842.3211
 Water Department  903.842.3128
    Night,Weekend,
    Holiday
903.842.3321



 

The History of Troup 
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Community Interest Items


 

Community Organizations


Troup ISD
Cameron-J.Jarvis Library
Rotary Club


 


CITY OF TROUP


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Troup 2013-2014 Budget

Troup 2014-2015 Budget

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Troup 2017-2018 Budget

Downtown Master Plan

Zoning Map

Troup City Government Documents


Financial Transparency
 

Pension Plan 

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City of Troup Pension Information

This page is the transparency Information for the Troup Pension Plan. Click her to go to the Traditional Finances Page. Click here to go to the Debt Page.


The City of Troup is a member of Texas Municipal Retirement System (TMRS) a statewide, multiple employer agent plan. In an agent plan, each participating government’s pension is centrally administered and governed by state statutes but the assets and related pension liabilities for each government are accounted for separately and any unfunded liabilities are solely the obligation of that government. The City of Troup has chosen from a menu of plan options as authorized by TMRS statute. The City of Troup plan provides the following benefit level:

 
 
 

City of Troup Actuarial Information as of
December 31, 2017

 
Actuarial Accrued Liability (AAL) $1,310,124
Actuarial Value of Assets (AVA) $1,223,353
Unfunded Actuarial Accrued Liability $86,771
Funded Ratio (AVA / AAL) 93.4%
Equivalent Single Amortization Period 26.9 Years
Assumed Rate of Return 6.75%
Valuation Payroll $828,815
UAAL as a percentage of covered payroll 10.9%
Active Members 21
Inactive Members 13
Retirees and Beneficiaries 12

Download Spreadsheet of Net Changes to Fudiciary Position Over Time

Click Here for the Texas Comptroller  Public Pension Search Tool




 
Upon retirement the employee account balance including interest is combined with the employer match to price a lifetime annuity based on the employee’s age at retirement.