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05-28-13 Council Packet
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05-28-13 Council Packet
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2/28/2014 3:41:24 PM
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5/24/2013 1:12:08 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/28/2013
Council Meeting Type
Regular
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<br />67 <br />CITY OF LINO LAKES, MINNESOTAStatement 12 <br />SCHEDULE OF FUNDING PROGRESS FO R POSTEMPLOYMENT BENEFIT PLAN <br />ActuarialUAAL as a <br />ActuarialAccrued Percentage <br />ActuarialValue ofLiabilityUnf unded FundedCoveredof Covered <br />ValuationAssets(AAL)AALRatioPayrollPayroll <br />Date(a)(b)(b-a)(a/b)(c)((b-a)/c) <br />1/1/2008-$ 329,191 $ 329,191 $ - 4,859,980 $ 6.8% <br />1/1/2011- 474,770 474,770 - 4,953,560 9.6% <br />December 31, 2012 <br /> <br />
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