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06-02-14 Council Packet
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06-02-14 Council Packet
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10/14/2014 1:51:37 PM
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6/2/2014 8:58:47 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/02/2014
Council Meeting Type
Work Session Regular
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<br />67 <br />CITY OF LINO LAKES, MINNESOTA Statement 12 <br />SCHEDULE OF FUNDING PROGRESS FOR POSTEMPLOYMENT BENEFIT PLAN <br />Actuarial UAAL as a <br />Actuarial Accrued Percentage <br />Actuarial Value of Liability Unfunded Funded Covered of Covered <br />Valuation Assets (AAL)AAL Ratio Payroll Payroll <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 - 4,888,702 9.7% <br />December 31, 2013 <br /> <br />
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