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03-10-1993 Council Agenda
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03-10-1993 Council Agenda
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LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />PENSION TRUST FUND <br />ANALYSIS OF FUNDING PROGRESS <br />Years 1983 Through 1992 <br />(Unaudited) <br />Exhibit 2 <br />Unfunded <br />(Assets in <br />Excess of) Pension <br />Net Assets Pension Pension Benefit <br />Fiscal Available Benefit Percentage Benefit Per Year <br />Year for Benefits Obligation Funded Obligation of Service <br />1983 5163,202 5223,137 73.14% 559,935 5700 <br />1984 191,185 230,697 82.87% 39,512 700 <br />1985 237,639 266,930 89.03% 29,291 800 <br />1986 267,263 274,578 97.34% 7,315 800 <br />1987 290,166 334,498 86.75% 44,332 1,000 <br />1988 393,508 437,863 89.87% 44,355 1,200 <br />1989 667,159 620,767 107.47% (46392) 1,600 <br />1990 731,198 745,028 98.14% 13,830 1,800 <br />1991 849,210 889,158 95.51% 39,948 2,000 <br />1992 958,757 959,425 99.93% 668 2,000 <br />Page 43 <br />
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