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06-28-1995 Council Agenda
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06-28-1995 Council Agenda
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LITTLE CANADA FIREMEN'S RELIEF ASSOCIATION <br />PENSION TRUST FUND <br />ANALYSIS OF FUNDING PROGRESS <br />Years 1985 Through 1994 <br />(Unaudited) <br />Exhibit 2 <br />(Unfunded) <br />Assets in <br />Excess of Pension <br />Net Assets Accrued Accrued Benefit <br />Fiscal Available Pension Percentage Pension Per Year <br />Year for Benefits Liability Funded Liability of Service <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% (44332) 1,000 <br />1988 393,508 437,863 89.87% (44355) 1,200 <br />1989 667,159 620,767 107.47% 46,392 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 />1993 979,290 916,919 106.80% 62,371 2,050 <br />1994 849,533 796,093 106.71% 53,440 2,050 <br />Page 80 <br />
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