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06-28-1995 Council Agenda
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06-28-1995 Council Agenda
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Iowa <br />Section 4 <br />Total from line C, Schedule I <br />Amortization of Deficit <br />Determination of Municipal Contribution (if Deficit) <br />13 S <br />Yes: Incurred <br />. Column 1 <br />Original Amount <br />Col= 2 <br />Amount Refixed is Prior <br />Yeah <br />Coltman 3 <br />Amount Lett to <br />Roam <br />Sw e� <br />,aZ.r <br />tss4..F,;:::,:�E <br />19 <br />laic year 1993 <br />20,039 <br />16,500 <br />_ <br />33 <br />1,144.18 <br />2 yes ago 1992 <br />G:<:...> FJ` HhZt2FN:. \Q \.)S:i��n��`n.:aDiRl <br />tt <br />12.000 <br />ris <br />qi ` RR <br />Totals <br />21,023 <br />21,023 <br />.' <br />1.236.65 <br />Total Column E divided by 3 <br />S 1.098 90 <br />Amortization of Prior Deficit (Total from Colunm 1 x 10 %) <br />Amortization of new deficit Of any) <br />Calculated Administrative Expense <br />Less: <br />a. Minnesota State Aid S <br />o. 5% of line 5 S <br />Toni Subtractions <br />Municipal Contribution aim 13 plus lino 14, 15, 16 minus line 17) <br />of 0 or negative, there is no mulicipal contribution) <br />You must certify to municipality before August 1, 1994, even if no contribution is due. <br />Calculation of Average special fund income per member <br />14 $ <br />15 $ <br />16 $ <br />17 $ <br />18 $ <br />Page 85 <br />A <br />State <br />Aid <br />3 <br />Municipal <br />Support <br />C <br />10% of <br />surplus <br />D <br />Active <br />Members <br />E <br />Average <br />laic year 1993 <br />20,039 <br />16,500 <br />1,219 <br />33 <br />1,144.18 <br />2 yes ago 1992 <br />20.971 <br />12.000 <br />ris <br />qi ` RR <br />3ywnago 1991 <br />21,023 <br />21,023 <br />34 <br />1.236.65 <br />Total Column E divided by 3 <br />S 1.098 90 <br />Maximum Pension Benefit under <br />manic $2,000 <br />Page 85 <br />
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