San Antonio Fire and Police Pension Fund

What San Antonio Fire and Police Pension Fund does

The San Antonio Fire and Police Pension Fund is a statutory public pension trust established by Texas state law, founded in 1919 and formalized as a trust in 1941. It administers defined benefit retirement, disability, and survivor benefits for the uniformed public safety personnel of the City of San Antonio — active firefighters, active police officers, retirees, and beneficiaries — a total membership of approximately 6,939. The fund's membership is automatic upon City of San Antonio employment, with no commercial sales motion; contributions are mandatory from both employees and the City employer, and pooled assets are professionally invested to fund future benefits. As of December 2025, the fund held more than $4.5 billion in assets under management, with a reported 87.6% funded ratio as of fiscal year 2020 and a five-year average investment return of 9.26% (2016-2020) against a 7.25% actuarial target.

The fund's core technology is the MemberDirect self-service portal, built on Levi, Ray & Shoup, Inc. (LRS Retirement Solutions), which enables active members, retirees, and beneficiaries to access account information, run benefit calculations, and manage administrative tasks online. A publicly accessible website (safppf.org) provides benefit information, board meeting materials, actuarial valuations, financial statements, and educational resources. Member engagement is supported through monthly financial planning seminars, bi-annual pre-retirement seminars, advisor newsletters, and social media channels (YouTube, Facebook). A complementary product, the Benefits Calculator, is a members-only tool for estimating retirement benefits. Distribution of benefits occurs through the fund's own administrative infrastructure, with no third-party distribution partners.

The fund is governed by a Board of Trustees and operated without external ownership or parent entities. Its revenue model is not commercial: there is no fee-based pricing, and members do not pay for services. The organization's economic engine is contributions plus investment returns, with supplemental performance distributions (e.g., $13 million distributed to 2,823 retirees for 2020) made when returns exceed actuarial targets. In February 2026, Gail A. Jensen succeeded long-serving Executive Director Warren J. Schott (2003-2026), marking the most significant leadership transition in over two decades.

Name

San Antonio Fire and Police Pension Fund

Legal name

San Antonio Fire and Police Pension Fund

Website

https://safppf.org

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

11–50 employees

Short description

The San Antonio Fire and Police Pension Fund is a statutory Texas public pension trust administering defined benefit retirement, disability, and survivor benefits for ~6,939 City of San Antonio firefighters, police officers, retirees, and beneficiaries, with over $4.5 billion in AUM as of December 2025.

Ownership category

akta.pro rank

Product category

Public Pension Fund Management

NAICS

Pension Funds (525110), Pension Funds (52511), Insurance and Employee Benefit Funds (5251)

akta.pro primary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

akta.pro secondary industries

Pensions & Retirement Benefits Administration (BPAIAKAA), Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)

Keywords

• Public pension fund
• Retirement benefits administration
• Defined benefit plan
• Public safety pensions
• Pension fund management

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Pension Contributions: The fund receives contributions from two primary sources: (1) employee contributions from active firefighters and police officers, and (2) employer contributions from the City of San Antonio. These contributions are pooled and invested to fund retirement benefits.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

The San Antonio Fire and Police Pension Fund is a public pension trust that manages retirement, death, and disability benefits for approximately 6,939 City of San Antonio police officers, firefighters, retirees, and their beneficiaries. The fund pools mandatory employee and City of San Antonio employer contributions and invests them to fund monthly pension payments, cost-of-living adjustments, disability benefits, and survivor benefits for its members.

Product overview

San Antonio Fire and Police Pension Fund is a pension fund organization providing comprehensive retirement, death, and disability benefits for approximately 6,939 City of San Antonio police officers, firefighters, retirees, and their beneficiaries. The organization operates as a single unified service offering with a member-facing digital portal (MemberDirect) and a Benefits Calculator tool. The core offering is the pension fund management itself, supported by member services, financial planning seminars, and an associated retirees association.

Differentiator

Problem solved

Functional benefit

Products and services

• MemberDirect Online portal that enables active members, retirees, and beneficiaries to access their account and benefits information, including retirement applications, benefit calculators, direct deposit changes, and address updates.
• Benefits Calculator Members-only tool accessible through login that allows members to calculate and estimate their retirement benefits.
• Retirees Association Services Service that connects retired firefighters and police officers with the San Antonio Fire and Police Pensioners Association for common welfare, including health and pension benefits; regular meetings held at the fund's office and membership dues payable via pension benefit deductions.

Quantifiable outcome

• Fund grew from $50 million (1977) to $4.5 billion (2025)
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Levi, Ray & Shoup, Inc. (LRS)coreTechnology or IntegrationLRS provides the MemberDirect technology platform that powers the San Antonio Fire and Police Pension Fund's member self-service portal. The portal enables active members, retirees, and beneficiaries to access account information, benefits details, and manage pension-related tasks online. Version 3.1624.26.1.1 of the software was noted.
• San Antonio Fire and Police Pensioners Association (SAFPPA)coreOthersSAFPPA is a nonprofit corporation that unites retired firefighters, police officers, their spouses and adult beneficiaries for common welfare. The fund serves as a connector to SAFPPA for the benefit of retired members. Regular meetings are held at the fund's office, and membership dues ($5/month) can be paid through pension benefit deductions.

Scale indicators15 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Houston Firefighters' Relief and Retirement Fund: A Texas municipal pension fund providing defined retirement, disability, and survivor benefits to Houston firefighters, directly comparable in structure, member base, and statutory framework to SAFPPF.
• Houston Police Officers' Pension System: Texas municipal pension fund serving Houston police officers with defined benefit retirement and survivor benefits; near-identical operating model, member demographics, and Texas statutory oversight as SAFPPF.
• Chicago Police Pension Fund: Municipal pension fund providing retirement, disability, and survivor benefits to Chicago police officers; directly comparable to SAFPPF in mission and member demographic, though operating under Illinois rather than Texas law.
• Dallas Police and Fire Pension System: Texas public safety pension fund covering Dallas police and firefighters; directly comparable to SAFPPF in serving public safety personnel under Texas statutory governance with defined benefit structures.
• Chicago Firemen's Annuity and Benefit Fund: Municipal pension fund dedicated to Chicago firefighters; directly comparable in serving a public-safety member base with defined benefits, though in a different state regulatory environment than SAFPPF.

Broad incumbents

• Los Angeles Fire and Police Pensions: Large California municipal pension fund serving LA police officers and firefighters; a broader incumbent with similar defined benefit structure but materially larger AUM and member base than SAFPPF.
• Texas Municipal Retirement System: Statewide Texas retirement system serving municipal employees across many cities; broader in scope than SAFPPF but operates under the same Texas statutory framework with defined benefit administration for public sector workers.
• New York City Police Pension Fund: One of the largest U.S. municipal police pension funds; broader incumbent to SAFPPF with similar defined benefit structure and public-safety member base but materially larger scale and New York regulatory framework.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@sanantoniofireandpolicepen9733
• Facebookfacebook.com/SAFPPF

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about San Antonio Fire and Police Pension Fund