SCHEDULE OF CHANGES IN THE EMPLOYER S NET PENSION LIABILITY AND RELATED RATIOS GASB Statement No. 67
|
|
|
- Baldric Hopkins
- 5 years ago
- Views:
Transcription
1 SCHEDULE OF CHANGES IN THE EMPLOYER S NET PENSION LIABILITY AND RELATED RATIOS GASB Statement No. 67 Fiscal year ending September 30, Total pension liability Service Cost Interest Benefit Changes Difference between actual & expected experience Assumption Changes Benefit Payments Refunds Net Change in Total Pension Liability Total Pension Liability - Beginning Total Pension Liability - Ending (a) Plan Fiduciary Net Position - Employer (City) - Employer/Member (BSO) - Member Net Investment Income Benefit Payments Refunds Administrative Expense Other Net Change in Plan Fiduciary Net Position Plan Fiduciary Net Position - Beginning Plan Fiduciary Net Position - Ending (b) Net Pension Liability - Ending (a) - (b) Plan Fiduciary Net Position as a Percentage of Total Pension Liability Covered Employee Payroll Net Pension Liability as a Percentage of Covered Employee Payroll $ $ $ $ $ ,704 2,317,934-22,168 - (1,153,732) (64,469) 1,993,605 31,489,907 33,483, , , ,742 2,812,142 (1,153,732) (64,469) (40,559) - 3,322,661 25,999,105 29,321,766 4,161, % 4,137, % *Expected total covered payroll for the fiscal year ending September 30,
2 SCHEDULE OF THE EMPLOYER S NET PENSION LIABILITY GASB Statement No. 67 Total Plan Net Position Net Pension Liability FY Ending Pension Plan Net Net Pension as a % of Total Covered as a % of September 30, Liability Position Liability Pension Liability Payroll* Covered Payroll 2014 $ 33,483,512 $ 29,321,766 $ 4,161, % $ 4,137, % *Expected total covered payroll for the fiscal year ending September 30,
3 SCHEDULE OF CONTRIBUTIONS GASB Statement No. 67 Actuarially Contribution Actual Contribution FY Ending Determined Actual Deficiency Covered as a % of September 30, Contribution* Contribution* (Excess) Payroll** Covered Payroll 2014 $ 1,278,957 $ 1,375,537 $ (96,580) $ 4,137, % * Includes BSO pick-up contributions. ** Expected total covered payroll for the fiscal year ending September 30,
4 NOTES TO SCHEDULE OF CONTRIBUTIONS GASB Statement No. 67 Valuation Date: Measurement Date: Notes October 1, 2013 September 30, 2014 Actuarially determined contribution rates are calculated as of, which is two year(s) prior to the end of the fiscal year in which contributions are reported. Methods and Assumptions Used to Determine Contribution Rates: Actuarial Cost Method Entry Age Normal Amortization Method Level Dollar, Closed Remaining Amortization Period 25 years Asset Valuation Method 5-year smoothed market Inflation 3.0% Salary Increases 6.0%, including inflation Investment Rate of Return 7.30% Retirement Age Experience-based table of rates that are specific to the type of eligibility condition Mortality RP-2000 Combined Healthy Participant Mortality Table for males and females with mortality improvement projected using Scale AA for all years after 2000 Other Information: Notes See Discussion of Valuation Results on Page 1 of the October 1, 2013 Actuarial Valuation Report 4
5 SINGLE DISCOUNT RATE GASB Statement No. 67 A single discount rate of 7.30% was used to measure the total pension liability. This single discount rate was based on the expected rate of return on pension plan investments of 7.30%. The projection of cash flows used to determine this single discount rate assumed that plan member contributions will be made at the current contribution rate and that employer contributions will be made at rates equal to the difference between the total actuarially determined contribution rates and the member rate. Based on these assumptions, the pension plan s fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments (7.30%) was applied to all periods of projected benefit payments to determine the total pension liability. Regarding the sensitivity of the net pension liability to changes in the single discount rate, the following presents the plan s net pension liability, calculated using a single discount rate of 7.30%, as well as what the plan s net pension liability would be if it were calculated using a single discount rate that is 1-percentage-point lower or 1-percentage-point higher: Sensitivity of the Net Pension Liability to the Single Discount Rate Assumption Current Single Discount FY Ending 1% Decrease Rate Assumption 1% Increase September 30, 6.30% 7.30% 8.30% 2014 $ 7,765,938 $ 4,161,746 $ 1,117,884 5
6 GASB 67 Projection of (City) Single Discount Rate Determination: 50-Year Year Payroll for Current Employees 0 $ 3,754,686 from Current Employees Service Cost and Expense UAL Total (a) (b) (c) (d) (e)=(b)+(c)+(d) 1 3,754,685 $ 405,656 $ 385,376 $ 433,673 $ 1,224, ,446, , , ,673 1,159, ,000, , , ,673 1,065, ,764, , , ,673 1,016, ,605, , , , , ,367, , , , , ,087, , , , , ,845, , , , , ,802, , , , , ,688, , , , , ,619, , , , , ,338, , , , , ,244, , , , , ,151, , , , , ,050, , , , , ,500 97,398 92, , , ,119 81,259 77, , , ,577 63,698 60, , , ,313 59,564 56, , , ,054 37,496 35, , , ,132 32,750 31, , , ,686 30,109 28, , , ,086 24,426 23, , , ,280 19,693 18, , , ,407 9,011 8,561 77,534 95, ,728 7,101 6,747-13, ,512 5,889 5,595-11, ,290 5,001 4,751-9, ,088 1,738 1,651-3, , , , , ,
7 GASB 67 Projection of (BSO) Single Discount Rate Determination: 50-Year Year Payroll for Current Employees 0 $ 382,999 from Current Employees Service Cost and Expense UAL Total (a) (b) (c) (d) (e)=(b)+(c)+(d) 1 383,000 $ - $ 234,405 $ - $ 234, , , , , , , , , , , , , , , , , , , ,585-95,834-95, ,963-89,945-89, ,265-87,069-87, ,918-53,808-53, ,410-47,376-47, ,441-16,182-16, ,406-10,041-10, ,150-6,212-6, ,267-2,611-2, ,629-1,609-1,
8 GASB 67 Single Discount Rate Determination: 100-Year Projection of Cash Flows Year Projected Beginning Plan Net Position Projected Total Projected Benefit Payments Projected Administrative Expenses Projected Investment Earnings at 7.30% Projected Ending Plan Net Position (a) (b) (c) (d) (e) (f)=(a)+(b)-(c)-(d)+(e) 1 $ 25,097,156 $ 1,459,110 $ 1,641,624 $ 35,687 $ 1,824,268 $ 26,703, ,703,223 1,388,213 1,896,270 32,996 1,929,935 28,092, ,092,104 1,220,528 1,992,493 27,931 2,022,042 29,314, ,314,250 1,163,470 2,088,577 25,821 2,105,843 30,469, ,469,164 1,123,254 2,211,651 24,368 2,184,348 31,540, ,540,747 1,073,838 2,377,273 22,386 2,254,934 32,469, ,469,861 1,016,773 2,537,710 20,074 2,315,044 33,243, ,243, ,408 2,571,721 17,195 2,366,905 33,940, ,940, ,298 2,640,998 16,722 2,414,733 34,600, ,600, ,396 2,727,650 15,715 2,458,900 35,192, ,192, ,735 2,932,866 14,541 2,493,085 35,566, ,566, ,068 3,034,170 12,070 2,514,519 35,798, ,798, ,134 3,093,387 10,722 2,527,506 35,933, ,933, ,509 3,142,164 9,827 2,534,083 35,983, ,983, ,329 3,239,416 8,909 2,533,346 35,910, ,910, ,436 3,331,903 7,599 2,523,522 35,702, ,702, ,963 3,426,703 6,330 2,503,781 35,347, ,347, ,536 3,409,287 4,939 2,474,668 34,873, ,873, ,410 3,533,452 4,619 2,435,655 34,237, ,237, ,347 3,503,622 2,908 2,386,949 33,489, ,489, ,912 3,455,756 2,540 2,331,532 32,663, ,663, ,979 3,433,896 2,335 2,269,851 31,737, ,737, ,898 3,396,419 1,895 2,203,186 30,771, ,771, ,668 3,427,528 1,527 2,131,218 29,693, ,693,026 95,106 3,350, ,050,838 28,487, ,487,813 13,848 3,264, ,963,017 27,199, ,199,232 11,485 3,173, ,872,150 25,908, ,908,988 9,752 3,120, ,779,795 24,577, ,577,512 3,389 3,022, ,685,914 23,244, ,244,666 1,437 2,914, ,592,392 21,923, ,923, ,804, ,499,910 20,620, ,620, ,690, ,408,841 19,339, ,339, ,574, ,319,463 18,084, ,084,292-2,456,829-1,232,059 16,859, ,859,522-2,337,839-1,146,917 15,668, ,668,601-2,218,409-1,064,262 14,514, ,514,454-2,099, ,288 13,399, ,399,656-1,980, ,167 12,326, ,326,522-1,862, ,062 11,297, ,297,357-1,745, ,116 10,313, ,313,892-1,631, ,425 9,377, ,377,145-1,519, ,055 8,487, ,487,919-1,409, ,060 7,646, ,646,993-1,303, ,497 6,855, ,855,163-1,199, ,408 6,112, ,112,831-1,099, ,826 5,420, ,420,563-1,001, ,782 4,778, ,778, , ,271 4,186, ,186, , ,263 3,644, ,644, , ,710 3,150,120 8
9 GASB 67 Single Discount Rate Determination: 100-Year Projection of Cash Flows (cont'd) 51 3,150, , ,536 2,703, ,703, , ,641 2,302, ,302, , ,906 1,945, ,945, , ,192 1,630, ,630, , ,346 1,354, ,354, ,690-87,168 1,115, ,115, ,268-71, , , ,095-58, , , ,275-46, , , ,202-37, , , ,761-29, , , ,353-22, , ,993-83,877-17, , ,475-65,999-13, , ,620-51,143-9, , ,296-39,038-7,236 86, ,494-29,460-5,258 62, ,291-21,867-3,763 44, ,187-15,976-2,653 30, ,864-11,495-1,841 21, ,209-8,102-1,258 14, ,365-5, , ,604-3, , ,322-2, , ,101-1, , ,636-1, , , , ,
10 Year Projected Beginning Plan Net Position GASB 67 Single Discount Rate Determination: 100-Year Projection to Determine Cross-over Date Projected Benefit Payments Funded Portion of Benefit Payments Unfunded Portion of Benefit Payments Present Value of Funded Benefit Payments using Expected Return Rate (v) Present Value of Unfunded Benefit Payments using Municipal Bond Rate (vf) Present Value of Benefit Payments using Single Discount Rate (sdr) (a) (b) (c) (d) (e) (f)=(d)*v^((a)-.5) (g)=(e)*vf ^((a)-.5) (h)=((c)/(1+sdr)^(a-.5) 1 $ 25,097,156 $ 1,641,624 $ 1,641,624 $ - $ 1,584,797 $ - $ 1,584, ,703,223 1,896,270 1,896,270-1,706,085-1,706, ,092,104 1,992,493 1,992,493-1,670,696-1,670, ,314,250 2,088,577 2,088,577-1,632,118-1,632, ,469,164 2,211,651 2,211,651-1,610,712-1,610, ,540,747 2,377,273 2,377,273-1,613,543-1,613, ,469,861 2,537,710 2,537,710-1,605,254-1,605, ,243,894 2,571,721 2,571,721-1,516,093-1,516, ,940,290 2,640,998 2,640,998-1,451,010-1,451, ,600,600 2,727,650 2,727,650-1,396,662-1,396, ,192,531 2,932,866 2,932,866-1,399,572-1,399, ,566,944 3,034,170 3,034,170-1,349,408-1,349, ,798,291 3,093,387 3,093,387-1,282,147-1,282, ,933,822 3,142,164 3,142,164-1,213,760-1,213, ,983,422 3,239,416 3,239,416-1,166,194-1,166, ,910,772 3,331,903 3,331,903-1,117,884-1,117, ,702,229 3,426,703 3,426,703-1,071,472-1,071, ,347,940 3,409,287 3,409, , , ,873,918 3,533,452 3,533, , , ,237,911 3,503,622 3,503, , , ,489,678 3,455,756 3,455, , , ,663,826 3,433,896 3,433, , , ,737,425 3,396,419 3,396, , , ,771,195 3,427,528 3,427, , , ,693,026 3,350,459 3,350, , , ,487,813 3,264,895 3,264, , , ,199,232 3,173,421 3,173, , , ,908,988 3,120,635 3,120, , , ,577,512 3,022,016 3,022, , , ,244,666 2,914,837 2,914, , , ,923,601 2,804,002 2,804, , , ,620,365 2,690,242 2,690, , , ,339,495 2,574,992 2,574, , , ,084,292 2,456,829 2,456, , , ,859,522 2,337,839 2,337, , , ,668,601 2,218,409 2,218, , , ,514,454 2,099,085 2,099, , , ,399,656 1,980,301 1,980, , , ,326,522 1,862,227 1,862, , , ,297,357 1,745,580 1,745, , , ,313,892 1,631,173 1,631,173-94,018-94, ,377,145 1,519,280 1,519,280-81,611-81, ,487,919 1,409,985 1,409,985-70,587-70, ,646,993 1,303,327 1,303,327-60,809-60, ,855,163 1,199,740 1,199,740-52,167-52, ,112,831 1,099,094 1,099,094-44,540-44, ,420,563 1,001,725 1,001,725-37,832-37, ,778, , ,283-31,969-31, ,186, , ,796-26,859-26, ,644, , ,664-22,429-22,429 10
11 Year Projected Beginning Plan Net Position GASB 67 Single Discount Rate Determination: 100-Year Projection to Determine Cross-over Date (cont'd) Projected Benefit Payments Funded Portion of Benefit Payments Unfunded Portion of Benefit Payments Present Value of Funded Benefit Payments using Expected Return Rate (v) Present Value of Unfunded Benefit Payments using Municipal Bond Rate (vf) Present Value of Benefit Payments using Single Discount Rate (sdr) (a) (b) (c) (d) (e) (f)=(d)*v^((a)-.5) (g)=(e)*vf ^((a)-.5) (h)=((c)/(1+sdr)^(a-.5) 51 $ 3,150,120 $ 653,237 $ 653,237 $ - $ 18,612 $ - $ 18, ,703, , ,532-15,335-15, ,302, , ,980-12,546-12, ,945, , ,357-10,179-10, ,630, , ,089-8,191-8, ,354, , ,690-6,544-6, ,115, , ,268-5,176-5, , , ,095-4,056-4, , , ,275-3,150-3, , , ,202-2,421-2, , , ,761-1,842-1, , , ,353-1,383-1, ,993 83,877 83,877-1,026-1, ,475 65,999 65, ,620 51,143 51, ,296 39,038 39, ,494 29,460 29, ,291 21,867 21, ,187 15,976 15, ,864 11,495 11, ,209 8,102 8, ,365 5,608 5, ,604 3,845 3, ,322 2,590 2, ,101 1,704 1, ,636 1,109 1, , , Totals $ 35,644,055 $ - $ 35,644,055 11
12 $ [thousands] 40,000 Projection of Plan Net Position and Benefit Payments 35,000 30,000 25,000 20,000 15,000 10,000 5, Year Projected Plan Net Position Projected Benefit Payments for Current Members 12
SCHEDULE OF CHANGES IN THE EMPLOYER S NET PENSION LIABILITY AND RELATED RATIOS GASB Statement No. 67 BOTH GROUPS COMBINED
SCHEDULE OF CHANGES IN THE EMPLOYER S NET PENSION LIABILITY AND RELATED RATIOS BOTH GROUPS COMBINED Fiscal year ending September 30, 2016 2015 2014 Total Pension Liability Service Cost $ 2,436,662 $ 2,362,103
CITY OF MOUNT DORA GENERAL EMPLOYEES RETIREMENT SYSTEM ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2014
CITY OF MOUNT DORA GENERAL EMPLOYEES RETIREMENT SYSTEM ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2014 ANNUAL EMPLOYER CONTRIBUTION FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2016 TABLE OF CONTENTS Section
EXECUTIVE SUMMARY GASB Statement No. 68
EXECUTIVE SUMMARY Actuarial Valuation Date October 1, 2015 Measurement Date of the Net Pension Liability September 30, 2016 Employer's Fiscal Year Ending Date (Reporting Date) September 30, 2017 Membership
CITY OF CONCORD JUNE 30, 2016 REQUIRED SUPPLEMENTARY INFORMATION
90 SCHEDULE OF FUNDING PROGRESS The tables below shows a three-year analysis of the actuarial value of assets as a percentage of the actuarial accrued liability and the unfunded actuarial liability as
District's proportion of the FRS net pension liability % %
SCHEDULE OF THE DISTRICT S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY FLORIDA RETIREMENT SYSTEM PENSION PLAN District's proportion of the FRS net pension liability 0.4656% 0.4634% District's proportionate
City of Manchester Employees Contributory Retirement System GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than
City of Manchester Employees Contributory Retirement System GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans December 31, 2017 May 18, 2018 Board of
CITY OF CONCORD JUNE 30, 2015 REQUIRED SUPPLEMENTARY INFORMATION
91 SCHEDULE OF FUNDING PROGRESS The tables below shows a three-year analysis of the actuarial value of assets as a percentage of the actuarial accrued liability and the unfunded actuarial liability as
CITY OF PARK RIDGE SLEP GASB STATEMENT NO. 68 EMPLOYER REPORTING ACCOUNTING SCHEDULES DECEMBER 31, 2014
CITY OF PARK RIDGE SLEP GASB STATEMENT NO. 68 EMPLOYER REPORTING ACCOUNTING SCHEDULES DECEMBER 31, 2014 PRELIMINARY - WILL NOT IMPLEMENT GASB 68 UNTIL NEXT YEAR TABLE OF CONTENTS Page Certification Letter
Total revenues 2,735,920 2,675,087 2,675,087 -
Revenues: Local sources: THE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA GENERAL FUND SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL FOR THE FISCAL YEAR ENDED Variance
ALSIP ELEMENTARY SD 126 REGULAR
ALSIP ELEMENTARY SD 126 REGULAR GASB STATEMENT NO. 68 EMPLOYER REPORTING ACCOUNTING SCHEDULES DECEMBER 31, 2015 TABLE OF CONTENTS Page Certification Letter Section A Section B Section C Executive Summary
O A K L A N D C O U N T Y E M P L O Y E E S ' R E T I R E M E N T S Y S T E M
O A K L A N D C O U N T Y E M P L O Y E E S ' R E T I R E M E N T S Y S T E M G A S B S T A T E M E N T N O. 6 7 P L A N R E P O R T I N G A N D A C C O U N T I N G S C H E D U L E S S E P T E M B E R
REQUIRED SUPPLEMENTARY INFORMATION
REQUIRED SUPPLEMENTARY INFORMATION DW SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS DURING THE MEASUREMENT PERIOD County Miscellaneous, Agent Multiple Employer Plan Measurement Period
City of Richmond Heights Policemen s and Firemen s Retirement Fund GASB Statement No. 68 Employer Reporting Accounting Schedules July 1, 2017
City of Richmond Heights Policemen s and Firemen s Retirement Fund GASB Statement No. 68 Employer Reporting Accounting Schedules July 1, 2017 December 20, 2017 Board of Trustees City of Richmond Heights
REQUIRED SUPPLEMENTARY INFORMATION
REQUIRED SUPPLEMENTARY INFORMATION DC SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS DURING THE MEASUREMENT PERIOD Agent Multiple Employer Plan Measurement Period 2014-15 (1) 2013-14
Arbor Park SD 145 Regular. GASB Statement No. 68 Employer Reporting Accounting Schedules December 31, 2017
Arbor Park SD 145 Regular GASB Statement No. 68 Employer Reporting Accounting Schedules December 31, 2017 Table of Contents Page Certification Letter Section A Section B Section C Executive Summary Executive
Required Supplementary Information
Required Supplementary Information 159 SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS FOR THE CARROLL COUNTY EMPLOYEE PENSION PLAN RSI -1 Total pension liability Service cost $ 3,513
IPERS Actuarial Assumptions and Methods 2015
ECONOMIC ASSUMPTIONS: Rate of Inflation (effective June 30, 2014) 3.00% per annum Rate of Crediting Interest on Contribution Balances (effective June 30, 2014) 3.75% per annum, compounded annually Rate
REQUIRED SUPPLEMENTARY INFORMATION
REQUIRED SUPPLEMENTARY INFORMATION Florida Retirement System (FRS) Defined Benefit Pension Plan Schedule of the County's Proportionate Share of the Net Pension Liability Last Ten Fiscal Years (*) County's
TABLE OF CONTENTS. Ch , F.S. Results
CITY OF PLANTATION VOLUNTEER FIREFIGHTERS RETIREMENT PLAN Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2015 Funding Actuarial Valuation Report And the Plan s Financial Reporting
TABLE OF CONTENTS. Ch , F.S. Results
CITY OF CLEARWATER EMPLOYEES PENSION PLAN Chapter 112.664, F.S. Compliance Report In Connection with the January 1, 2016 Funding Actuarial Valuation Report And the Plan s Financial Reporting for the Year
City of Taylor Police and Fire Retirement System. Actuarial Information for GASB Statements 67/68
City of Taylor Actuarial Information for GASB Statements 67/68 June 30, 2015 The Retirement Board The City of Taylor Taylor, Michigan 48180-4116 November 16, 2015 Dear Board Members: This document contains
TABLE OF CONTENTS. Ch , F.S. Results
COUNTY OF VOLUSIA VOLUNTEER FIREFIGHTERS PENSION SYSTEM Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2015 Funding Actuarial Valuation Report And the Plan s Financial Reporting
TABLE OF CONTENTS. Ch , F.S. Results
TOWN OF LANTANA POLICE RELIEF AND PENSION FUND Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2015 Funding Actuarial Valuation Report And the Plan s Financial Reporting for the
ARKANSAS JUDICIAL RETIREMENT SYSTEM GASB STATEMENT NOS. 67 AND 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS
ARKANSAS JUDICIAL RETIREMENT SYSTEM GASB STATEMENT NOS. 67 AND 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2016 November 21, 2016 The Board of Trustees Arkansas Judicial Retirement System
TABLE OF CONTENTS. Ch , F.S. Results
CITY OF PLANTATION VOLUNTEER FIREFIGHTERS RETIREMENT PLAN Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2014 Funding Actuarial Valuation Report And the Plan s Financial Reporting
Arkansas Judicial Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2017
Arkansas Judicial Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2017 November 13, 2017 Board of Trustees Arkansas Judicial Retirement System Little
Actuarial Assumptions:
Actuarial Assumptions: The actuarial assumptions used in this report are as follows. These assumptions are based on the PMRS Experience Study for the period covering January 1, 2005 through December 31,
November 9, Board of Trustees Arkansas State Highway Employees Retirement System P.O. Box 2261 Little Rock, AR 72203
November 9, 2017 Board of Trustees Arkansas State Highway Employees Retirement System P.O. Box 2261 Little Rock, AR 72203 Subject: GASB 67/68 Reporting and Disclosure Information for Arkansas State Highway
Arkansas State Police Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2017
Arkansas State Police Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2017 November 13, 2017 Board of Trustees Arkansas State Police Retirement
(Dollar amounts in thousands)
Illustration 1 Note Disclosures and Required Supplementary Information for a Single Employer That Provides OPEB through a Defined Benefit OPEB Plan That Is Administered through a Trust That Meets the Criteria
Arkansas State Police Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2018
Arkansas State Police Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2018 November 16, 2018 Board of Trustees Arkansas State Police Retirement
C I T Y O F S O U T H F I E L D E M P L O Y E E S R E T I R E M E N T S Y S T E M G A S B S T A T E M E N T N O S. 6 7 A N D 6 8 A C C O U N T I N G
C I T Y O F S O U T H F I E L D E M P L O Y E E S R E T I R E M E N T S Y S T E M G A S B S T A T E M E N T N O S. 6 7 A N D 6 8 A C C O U N T I N G A N D F I N A N C I A L R E P O R T I N G F O R P E
TABLE OF CONTENTS Title Page
CITY OF TALLAHASSEE PENSION PLAN FOR POLICE OFFICERS Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2016 Funding Actuarial Valuation Report And the Plan s Financial Reporting
TABLE OF CONTENTS Title Page
CITY OF TALLAHASSEE PENSION PLAN FOR FIREFIGHTERS Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2016 Funding Actuarial Valuation Report And the Plan s Financial Reporting for
TABLE OF CONTENTS. Ch , F.S. Results
CITY OF TAMARAC POLICE OFFICERS PENSION TRUST FUND Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2014 Funding Actuarial Valuation Report And the Plan s Financial Reporting for
Genesee County Employees Retirement System. Actuarial Information for GASB Statements 67/68
Genesee County Actuarial Information for GASB Statements 67/68 December 31, 2016 May 15, 2017 The Retirement Commission 1101 Beach Street Flint, Michigan 48502-1453 Dear Retirement Commission: This document
ERS Employer Agency Notes to the Financial Statements For the Year Ended June 30, 2015 (Dollar amounts in thousands)
Illustration Note Disclosures and Required Supplementary Information for an employer in ERS without any nonemployer contributing entity (no special funding situation) [Note: This illustration includes
TOWN OF LANTANA POLICE RELIEF AND PENSION FUND ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2014
TOWN OF LANTANA POLICE RELIEF AND PENSION FUND ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2014 ANNUAL EMPLOYER CONTRIBUTION FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2016 TABLE OF CONTENTS Section Title
Actuarial Assumptions:
Actuarial Assumptions: The actuarial assumptions used in this report are as follows. For active participants, these assumptions are used only for the determination of the average expected working lifetime.
ABC School District Notes to the Financial Statements For the Year Ended June 30, 2017 (Dollar amounts in thousands)
Illustration Note Disclosures and Required Supplementary Information for an employer in TRS with support personnel in which contributions are funded by the Georgia Department of Education [Note: This illustration
CITY OF TAMARAC POLICE OFFICERS' PENSION TRUST FUND ACTUARIAL VALUATION REPORT
CITY OF TAMARAC POLICE OFFICERS' PENSION TRUST FUND ACTUARIAL VALUATION REPORT FOR THE YEAR BEGINNING OCTOBER 1, 2014 TABLE OF CONTENTS I Discussion a. Discussion of Valuation Results... 1 b. Financial
New Mexico Magistrate Retirement Fund
New Mexico Magistrate Retirement Fund GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2015 1 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial Statement Notes 3 III
SUNSHINE CITY RETIREE HEALTH CARE PLAN GASB EXAMPLE
SUNSHINE CITY RETIREE HEALTH CARE PLAN GASB 74-75 EXAMPLE ASSETS STATEMENT OF FIDUCIARY NET POSITION SEPTEMBER 30, 2015 MARKET VALUE Cash and Short-Term Investments Receivables: Accounts Receivable Accrued
Volunteer Firefighters Retirement Fund of New Mexico
Volunteer Firefighters Retirement Fund of New Mexico GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2015 1 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial Statement
New Mexico Magistrate Retirement Fund
New Mexico Magistrate Retirement Fund GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2014 1 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial Statement Notes 3 III
New Mexico Judicial Retirement Fund
New Mexico Judicial Retirement Fund GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2016 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial Statement Notes 3 III Required
G O G E B I C C OUNTY EMPLO Y E E S R E T I R E M E N T S YS T EM
G O G E B I C C OUNTY EMPLO Y E E S R E T I R E M E N T S YS T EM G A S B S T A T E M E N T NOS. 6 7 A N D 6 8 A C C O U N T I N G A N D F I N A N C I A L R E P O R T I N G F O R P E N S I O N S D E C
Maine Public Employees Retirement System Retiree Group Life Insurance Program
Maine Public Employees Retirement System Retiree Group Life Insurance Program Participating Local Districts (PLDs) Actuarial Valuation and GASB Statement No. 74 Report as of June 30, 2018 Presented by
New Mexico Judicial Retirement Fund
New Mexico Judicial Retirement Fund GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2014 1 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial Statement Notes 3 III
13420 Parker Commons Blvd., Suite 104 Fort Myers, FL (239) Fax (239)
February 9, 2017 Mr. Scott Baur The Resource Centers, LLC P.O. Box 152665 Cape Coral, FL 33915-2665 RE: GASB Statement No. 67 and No. 68 City of Cape Coral Municipal Police Officers Retirement Plan Dear
San Diego City Employees Retirement System. San Diego Unified Port District. GASB 67/68 Report as of June 30, Produced by Cheiron
San Diego City Employees Retirement System San Diego Unified Port District GASB 67/68 Report as of June 30, 2015 Produced by Cheiron November 2015 TABLE OF CONTENTS Section Page Letter of Transmittal...
San Diego City Employees Retirement System. GASB 67/68 Report As of June 30, 2014 for the City of San Diego. Produced by Cheiron
San Diego City Employees Retirement System GASB 67/68 Report As of June 30, 2014 for the City of San Diego Produced by Cheiron December 2014 Table of Contents Letter of Transmittal... i Section I Board
RE: GASB Statement No. 67 and No. 68 City of Cape Coral Municipal General Employees Retirement Plan
February 21, 2017 Ms. Linda Runkle, Plan Administrator The Resource Centers, LLC P.O. Box 152665 Cape Coral, FL 33915-2665 RE: GASB Statement No. 67 and No. 68 City of Cape Coral Municipal General Employees
Conduent Human Resource Services Retirement Consulting. The Police and Firemen s Retirement System of New Jersey
Conduent Human Resource Services Retirement Consulting The Police and Firemen s Retirement System of New Jersey Information Required Under Governmental Accounting Standards Board Statement No. 67 as of
C H A P T E R , F. S. C O M P L I A N C E R E P O R T S E P T E M B E R 3 0,
C I T Y O F F O R T P I E R C E R E T I R E M E N T A N D B E N E F I T S Y S T E M C H A P T E R 1 1 2. 6 6 4, F. S. C O M P L I A N C E R E P O R T S E P T E M B E R 3 0, 2 0 1 4 June 29, 2015 The City
We are pleased to present to the Board the GASB Statement No. 67 measured as of December 31, 2013 for the Austin Police Retirement System.
November 26, 2014 Mr. Sam Jordan, CEO Austin Police Retirement System 2520 South IH 35, Suite 100 Austin, TX 78704 RE: GASB Statement No. 67 Austin Police Retirement System Dear Board: We are pleased to
CITY OF ALLEN PARK EMPLOYEES RETIREMENT SYSTEM
CITY OF ALLEN PARK EMPLOYEES RETIREMENT SYSTEM GASB STATEMENTS NO. 67 AND NO. 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS DECEMBER 31, 2015 August 29, 2016 Board of Trustees Dear Board Members:
GASB 74 RSI Exhibits. Financial Statement Disclosure (Liabilities as of June 30, 2017)
GASB 74 RSI Exhibits 1. EFFECT OF 1% CHANGE IN HEALTHCARE TREND In the event that healthcare trend rates were 1% higher than forecast and employee contributions were to increase at the forecast rates,
ABC School District Notes to the Financial Statements For the Year Ended June 30, 2018 (Dollar amounts in thousands)
Illustration Note Disclosures and Required Supplementary Information for an employer in TRS without any nonemployer contributing entity (no special funding situation) [Note: This illustration includes
City of St. Clair Shores Employees Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2018
City of St. Clair Shores Employees Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2018 September 19, 2018 Board of Trustees City of St. Clair Shores
C H A P T E R , F. S. C O M P L I A N C E R E P O R T S E P T E M B E R 3 0,
C I T Y O F F O R T P I E R C E R E T I R E M E N T A N D B E N E F I T S Y S T E M C H A P T E R 1 1 2. 6 6 4, F. S. C O M P L I A N C E R E P O R T S E P T E M B E R 3 0, 2 0 1 5 May 17, 2016 The City
State Universities Retirement System of Illinois
State Universities Retirement System of Illinois GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions Measured as of June 30, 2018 Applicable to Plan s Fiscal Year End J une 30,
City of Manchester Employees Contributory Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions December
City of Manchester Employees Contributory Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions December 31, 2017 May 10, 2018 Board of Trustees City of Manchester
Deerfield Beach. Municipal Firefighters. Pension Trust Fund. GASB 67 Supplement As of September 30, 2017
Freiman Little Actuaries, LLC Phone: (321) 453-6542 4105 Savannahs Trail Fax: (321) 453-6998 Merritt Island, FL 32953 Deerfield Beach Municipal Firefighters Pension Trust Fund GASB 67 Supplement As of
Registers of Deeds Supplemental Pension Fund Report on the Annual Valuation Prepared as of December 31, 2013
Registers of Deeds Supplemental Pension Fund Report on the Annual Valuation Prepared as of December 31, 2013 October 2014 2014 Xerox Corporation and Buck Consultants, LLC. All rights reserved. Xerox and
TABLE OF CONTENTS. Ch , F.S. Results
ORLANDO UTILITIES COMMISSION PENSION PLAN Chapter 112.664, F.S. Compliance Report In Connection with the October 1, 2016 Funding Actuarial Valuation Report And the Plan s Financial Reporting for the Year
State Universities Retirement System of Illinois. GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions as of June 30, 2017
State Universities Retirement System of Illinois GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions as of June 30, 2017 November 6, 2017 The Board of Trustees State Universities
San Diego City Employees Retirement System San Diego County Regional Airport Authority
San Diego City Employees Retirement System San Diego County Regional Airport Authority GASB 67/68 Report as of June 30, 2016 Produced by Cheiron November 2016 TABLE OF CONTENTS Section Page Letter of Transmittal...
COUNTY OF VOLUSIA VOLUNTEER FIREFIGHTERS PENSION SYSTEM
COUNTY OF VOLUSIA VOLUNTEER FIREFIGHTERS PENSION SYSTEM ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2015 OUTLINE OF CONTENTS REPORT OF THE OCTOBER 1, 2015 ACTUARIAL VALUATION Pages Items - - Cover Letter
Conduent Human Resource Services. City of Milwaukee Policemen s Annuity and Benefit Fund Actuarial Valuation Report
Conduent Human Resource Services City of Milwaukee Policemen s Annuity and Benefit Fund Actuarial Valuation Report As of January 1, 2017 June 2017 2017 Conduent Business Services, LLC. All rights reserved.
STATE OF NEW JERSEY JUDICIAL RETIREMENT SYSTEM. Schedules of Pension Amounts. June 30, 2014 and 2013
Schedules of Pension Amounts (With Independent Auditors Report Thereon) Table of Contents Page Independent Auditors Report 1 Schedules of Pension Amounts 3 Notes to Schedules of Pension Amounts 4 KPMG
June 7, Dear Board Members:
CITY OF MANCHESTER EMPLOYEES' CONTRIBUTORY RETIREMENT SYSTEM GASB STATEMENT NOS. 67 AND 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS DECEMBER 31, 2015 June 7, 2016 Board of Trustees City of Manchester
Pension Plan of Town of West Warwick Management Summary of 7/1/2013 Actuarial Valuation
Pension Plan of Town of West Warwick Management Summary of 7/1/2013 Actuarial Valuation January 13, 2014 Table of Contents Significant Changes for 2013 2 Participant Information 3 Participant Information
ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, City of Plantation General Employees Retirement System
ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2014 City of Plantation General Employees Retirement System ANNUAL EMPLOYER CONTRIBUTION IS DETERMINED BY THIS VALUATION FOR THE FISCAL YEAR ENDING SEPTEMBER
December 2, Public Employees Retirement Association of Minnesota General Employees Retirement Plan St. Paul, Minnesota
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF MINNESOTA GENERAL EMPLOYEES RETIREMENT PLAN GASB STATEMENTS NO. 67 AND NO. 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2016 December 2, 2016 Public
A R K A N S A S P U B L I C E M P L O Y E E S R E T I R E M E N T S Y S T E M ( I N C L U D I N G D I S T R I C T J U D G E S ) G A S B S T A T E M E
A R K A N S A S P U B L I C E M P L O Y E E S R E T I R E M E N T S Y S T E M ( I N C L U D I N G D I S T R I C T J U D G E S ) G A S B S T A T E M E N T N O S. 6 7 A N D 6 8 A C C O U N T I N G A N D
November 28, Public Employees Retirement Association of Minnesota General Employees Retirement Plan St. Paul, Minnesota
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp Public Employees Retirement
December 1, Minnesota State Retirement System State Employees Retirement Fund St. Paul, Minnesota. Dear Board of Directors:
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp Minnesota State Retirement
A R K A N S A S P U B L I C E M P L O Y E E S R E T I R E M E N T S Y S T E M ( I N C L U D I N G D I S T R I C T J U D G E S
A R K A N S A S P U B L I C E M P L O Y E E S R E T I R E M E N T S Y S T E M ( I N C L U D I N G D I S T R I C T J U D G E S ) G A S B S T A T E M E N T N O S. 6 7 A N D 6 8 A C C O U N T I N G A N D
S TAT E U NIVERSITIES R ETIREMENT SYSTEM OF I L LINOIS
S TAT E U NIVERSITIES R ETIREMENT SYSTEM OF I L LINOIS G A S B S T A T E M E N T N O S. 6 7 A N D 6 8 A C C O U N T I N G AND F I N A N C I A L R E P O R T I N G F O R P E N S I O N S J U N E 3 0, 2 0
April 25, Readers of the RP-2000 Mortality Tables Report. Julie Rogers, Research Assistant
SOCIETY OF ACTUARIES 475 N. MARTINGALE RD., SUITE 800, SCHAUMBURG, IL 60173-2226 847/706-3556 847/706-3599 FAX Julie C. Rogers E-mail: jrogers@soa.org Research Assistant Date: April 25, 2001 To: From:
Public Employees Retirement Association of New Mexico (PERA)
Public Employees Retirement Association of New Mexico (PERA) GASB Statement No. 67 Supplemental Report Prepared as of June 30, 2016 TABLE OF CONTENTS Section Item Page No. I Introduction 1 II Financial
City of Brockton Contributory Retirement System
City of Brockton Contributory Retirement System Actuarial Valuation Report Plan Year as of January 1, 2015 August 2016 Table of Contents Sections I Overview... 1 II Summary Of Principal Results... 3 III
Arkansas Public Employees Retirement System (Including District Judges) GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions
Arkansas Public Employees Retirement System (Including District Judges) GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pensions June 30, 2017 October 18, 2017 Board of Trustees Arkansas
ARKANSAS STATE HIGHWAY EMPLOYEES RETIREMENT SYSTEM (ASHERS)
ARKANSAS STATE HIGHWAY EMPLOYEES RETIREMENT SYSTEM (ASHERS) GASB 67/68 DISCLOSURES AS OF JUNE 30, 2018 Osborn, Carreiro & Associates, Inc. ACTUARIES CONSULTANTS ANALYSTS 124 West Capitol Avenue, Suite
CITY OF FORT LAUDERDALE GENERAL EMPLOYEES RETIREMENT SYSTEM
GENERAL EMPLOYEES RETIREMENT SYSTEM A PENSION TRUST FUND OF THE CITY OF FORT LAUDERDALE, FLORIDA FINANCIAL STATEMENTS For the fiscal year ended September 30, 2017 GENERAL EMPLOYEES RETIREMENT SYSTEM CONTENTS
STATE UNIVERSITIES RETIREMENT SYSTEM OF ILLINOIS
STATE UNIVERSITIES RETIREMENT SYSTEM OF ILLINOIS GASB STATEMENT NOS. 67 AND 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2015 November 12, 2015 The Board of Trustees State Universities Retirement
December 2, Public Employees Retirement Association of Minnesota Public Employees Police and Fire Plan St. Paul, Minnesota
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF MINNESOTA PUBLIC EMPLOYEES POLICE AND FIRE PLAN GASB STATEMENTS NO. 67 AND NO. 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2016 December 2, 2016
M I N N E S O T A S T A T E R E T I R E M E N T S Y S T E M J U D G E S R E T I R E M E N T F U N D
M I N N E S O T A S T A T E R E T I R E M E N T S Y S T E M J U D G E S R E T I R E M E N T F U N D G A S B S T A T E M E N T S N O. 6 7 A N D N O. 6 8 A C C O U N T I N G A N D F I N A N C I A L R E P
Missouri Department of Transportation and Highway Patrol Employees Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting
Missouri Department of Transportation and Highway Patrol Employees Retirement System GASB Statement Nos. 67 and 68 Accounting and Financial Reporting for Pension Plans June 30, 2018 September 27, 2018
VILLAGE OF CARPENTERSVILLE CARPENTERSVILLE POLICE PENSION FUND. Actuarial Valuation Report. For the Year. Beginning January 1, 2016
T W S Actuary VILLAGE OF CARPENTERSVILLE CARPENTERSVILLE POLICE PENSION FUND Actuarial Valuation Report For the Year Beginning January 1, 2016 And Ending December 31, 2016 Timothy W. Sharpe, Actuary, Geneva,
Registers of Deeds Supplemental Pension Fund. Report on the Annual Valuation Prepared as of December 31, 2014
Registers of Deeds Supplemental Pension Fund Report on the Annual Valuation Prepared as of December 31, 2014 October 2015 2015 Xerox Corporation and Buck Consultants, LLC. All rights reserved. Xerox and
S A M P L E OLD HIRE FIRE P E N S I ON FUND
S A M P L E OLD HIRE FIRE P E N S I ON FUND G A S B S T A T E M E N T N O. 6 8 E M P L O Y E R R E P O R T I N G A C C O U N T I N G S C H E D U L E S F O R T H E M E A S U R E M E N T P E R I O D E N
TOWN OF LANTANA POLICE RELIEF AND PENSION FUND ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2016
TOWN OF LANTANA POLICE RELIEF AND PENSION FUND ACTUARIAL VALUATION REPORT AS OF OCTOBER 1, 2016 ANNUAL EMPLOYER CONTRIBUTION FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2018 TABLE OF CONTENTS Section Title
ST. PAUL TEACHERS' RETIREMENT FUND ASSOCIATION
ST. PAUL TEACHERS' RETIREMENT FUND ASSOCIATION GASB STATEMENTS NO. 67 AND NO. 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2014 February 17, 2015 St. Paul Teachers Retirement Fund Association
RE: GASB Statement No.67 and No.68 City of Holly Hill Police Officers Pension Board
February 2, 2018 Board of Trustees City of Holly Hill Police Officers' Pension Board 1065 Ridgewood Avenue Holly Hill, FL 32117 RE: GASB Statement No.67 and No.68 City of Holly Hill Police Officers Pension
As you are aware, a copy of the Report should be filed with the State at the following address upon approval by the Board.
April 27, 2015 Mr. Ricky Thompson City Clerk City of Starke General Employees P.O. Box C 209 N. Thompson Street Starke, Florida 32091-1278 Re: Actuarial Valuation General Employees Dear Ricky: As requested,
P U B L I C E M P L O Y E E S R E T I R E M E N T A S S O C I A T I O N O F M I N N E S O T A L O C A L G O V E R N M E N T C O R R E C T I O N A L S
P U B L I C E M P L O Y E E S R E T I R E M E N T A S S O C I A T I O N O F M I N N E S O T A L O C A L G O V E R N M E N T C O R R E C T I O N A L S E R V I C E R E T I R E M E N T P L A N G A S B S T
December 1, Minnesota State Retirement System Correctional Employees Retirement Fund St. Paul, Minnesota. Dear Board of Directors:
MINNESOTA STATE RETIREMENT SYSTEM CORRECTIONAL EMPLOYEES RETIREMENT FUND GASB STATEMENT NOS. 67 AND 68 ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS JUNE 30, 2016 December 1, 2016 Minnesota State Retirement
Sample Notes to the Financial Statements Cost-Sharing Employer Plans VRS State Employee Health Insurance Credit Program For the Fiscal Year Ended June 30, 2018 Instructions The Sample Notes to the Financial