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El Paso pension fund reports about $983 million in assets; net decrease for fiscal year to date
Summary
The City of El Paso Employees Retirement Trust reported approximately $983 million in net assets as of April 30, 2025, with the treasurer noting receipts, investment income and benefit outflows that produced a net decrease for the fiscal year to date.
The City of El Paso Employees Retirement Trust reported approximately $983,000,000 in net assets available for benefits as of April 30, 2025, Treasurer Louis Meyer told trustees at the board’s May 21 meeting.
Meyer said total cash and investments were “approximately $980,000,000,” receivables about $1,400,000 and that net assets available for benefits totaled approximately $983,000,000 after liabilities. For the eight months ended April 30, total receipts were about $41,200,000 (an average of roughly $5,200,000 per month) and…
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