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7
<br />Twenty Five (25) Year Pay -As- You -Go Cost Forecast
<br />The table below provides a 25 year pay -as- you -go cost forecast on a
<br />closed group basis (i.e. current group only, no new entrants).
<br />Year Retiree Claims Retiree Net Employer
<br />Contributions Cost
<br />2008 $36,447 $19,560 $16,887
<br />2009 $41,055 $22,156 $18,899
<br />2010 $45,633 $23,781 $21,851
<br />2011 $58,325 $32,870 $25,455
<br />2012 $53,084 $29,081 $24,003
<br />2013 $72,217 $42,126 $30,093
<br />2014 $69,192 $41,634 $27,559
<br />2015 $80,436 $47,042 $33,394
<br />2016 $79,592 $47,648 $31,944
<br />2017 $96,886 $58,500 $38,386
<br />2018 $64,431 $50,186 $14,246
<br />2019 $85,533 $66,011 $19,522
<br />2020 $84,119 $64,574 $19,545
<br />2021 $97,570 $71,629 $25,941
<br />2022 $107,039 $80,551 $26,488
<br />2023 $120,072 $87,787 $32,286
<br />2024 $134,261 $95,403 $38,857
<br />2025 $127,868 $89,937 $37,931
<br />2026 $135,142 $92,984 $42,158
<br />2027 $151,352 $108,113 $43,239
<br />2028 $136,303 $97,925 $38,378
<br />2029 $141,838 $100,814 $41,024
<br />2030 $142,296 $101,283 $41,013
<br />2031 $133,014 $95,493 $37,521
<br />2032 $146,378 $104,765 $41,612
<br />City of Lino Lakes Minnesota, Retiree Health Benefit Plan - November 2008
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