May 19, 2026 Longview Firefighters' Relief and Retirement Fund Meeting

The City of Longview held the Longview Firefighters' Relief and Retirement Fund quarterly meeting on May 19, 2026. The meeting primarily focused on reviewing the pension fund's first quarter 2026 performance, including detailed market commentary and portfolio updates presented by investment advisors Will Herrell and Charles Smith. The pension fund's total value was reported at approximately $112 million as of May 2026, with a diversified allocation across equities, fixed income, real estate, and alternative investments. The fund showed a net return of negative 61 basis points for the quarter but maintained a strong long-term performance. No new trades or manager changes were recommended, though one fund (MFS small value) was noted for underperformance and placed on watch. Several motions were passed, including approval of financial reconciliations, internal financial statements, meeting minutes, and expense reports related to conferences and peer reviews. The meeting also noted a mayoral appointment change to the board but did not discuss any upcoming retirements or new procurement actions.