My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
#16 - Statewide Volunteer Firefighter Pension Increase
LakeElmo
>
City Council
>
City Council Meeting Packets
>
2020's
>
2024
>
12-03-24
>
#16 - Statewide Volunteer Firefighter Pension Increase
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/4/2025 4:31:47 PM
Creation date
4/1/2025 12:20:01 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
17
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br />City of Lake Elmo Volunteer Fire Department 3 <br /> <br />Projection of Accrued Liability <br /> <br /> 2024 2023* <br />1. Active Member Liability $ 685,129 $ <br /> <br />2. Deferred Member Liability 361,582 <br /> <br />3. Total Accrued Liability at year-end (1+2) $ 1,046,711 $ N/A <br />4. Projected Accrued Liability at next year-end 1,186,241 N/A <br />5. Increase/(Decrease) in Liability (4-3) $ 139,530 $ N/A <br /> <br /> <br />Projection of Assets <br /> <br /> 2024 2023* <br />1. Actual Assets at Beginning of Year <br />2. Projected Change in Asset Value <br />$ 1,342,066 $ <br /> <br />a. Fire State Aid 103,064 <br /> <br />b. Fire Supplemental Aid 18,034 <br /> <br />c. Required Contribution 0 <br /> <br />d. Net Investment Income 80,524 <br /> <br />e. PERA Administrative Fee (990) <br /> <br />f. Net Change in Present Assets $ 200,632 $ <br /> <br />3. Projected Assets at End of Year $ 1,542,698 $ N/A <br /> <br />* 2023 results calculated and provided by PERA. <br />
The URL can be used to link to this page
Your browser does not support the video tag.