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06-09-14 Council Packet
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06-09-14 Council Packet
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1/14/2015 2:43:54 PM
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10/16/2014 1:05:13 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/09/2014
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF FUNDING PROGRESS FOR POSTEMPLOYMENT BENEFIT PLAN <br />December 31, 2013 <br />Statement 12 <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 />67 <br />
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