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ST. ANTHONY FIREFIGHTERS RELIEF ASSOCIATION
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31, 1995
<br />3. Defined Benefit Pension Plan, continued
<br />Historical Trend Information
<br />he following historical trend information was obtained from financial reports of
<br />the Association. This information is useful in assessing the pension plan's accu-
<br />mulation of sufficient assets to pay benefits as they become due.
<br />Valuation
<br />Net Assets
<br />Aggregate
<br />of Percentage
<br />Date
<br />Available
<br />For Benefits
<br />Accrued
<br />Liabilities
<br />by Type
<br />Liabilities
<br />Funded
<br />12 -31 -95
<br />12 -31 -94
<br />$349,359
<br />$345,540
<br />101.11Y,
<br />12 -31 -93
<br />270,827
<br />295,837
<br />325,680
<br />83.16
<br />12 -31 -92
<br />255,890
<br />324,640
<br />302,400
<br />91.13
<br />12 -31 -91
<br />12 -31 -90
<br />218,556
<br />283,780
<br />84.62
<br />77.02
<br />12 -31 -89
<br />166,050
<br />227,360
<br />253,320
<br />65.55
<br />12 -31 -88
<br />186,356
<br />198,036
<br />183,240
<br />100.00
<br />12 -31 -87
<br />153 098
<br />168,296
<br />100.00
<br />12 -31 -86
<br />120,830
<br />153,696
<br />90.97
<br />78.62
<br />Funded
<br />(Unfunded)
<br />Pension
<br />Benefit
<br />Liability
<br />$3,819
<br />(54,853)
<br />(28,8J3)
<br />(46,510)
<br />(65,224)
<br />(87,270)
<br />29,324
<br />3,116
<br />(15,198)
<br />(32,866)
<br />Additional financial information pertaining to the Association is as follows:
<br />E. Related Party Transactions
<br />As of December 31, 1995, and for the year then ended, the Association held no
<br />securities issued by the City of St. Anthony or other related parties.
<br />-10-
<br />Revenues Source
<br />--- - - - - -- --------------------------
<br />-by-
<br />Expenses
<br />by Type
<br />State Aid
<br />Investment Other
<br />Revenues Revenues
<br />------------------------
<br />Benefit
<br />Administra-
<br />Payments
<br />tive
<br />1995
<br />1994
<br />$20,118
<br />$61,196 $30
<br />1993
<br />20,818
<br />18,371
<br />(6,191)
<br />$33,744
<br />$2,812
<br />2,893
<br />1992
<br />20,195
<br />25,198
<br />18,011
<br />2,962
<br />1991
<br />1990
<br />26,233
<br />26,828
<br />872
<br />1989
<br />23,614
<br />23,233
<br />6,876
<br />91,800
<br />555
<br />1988
<br />23,360
<br />17,771
<br />9 898
<br />1987
<br />1986
<br />21,899
<br />10,369
<br />19,224
<br />10,044 3,358
<br />E. Related Party Transactions
<br />As of December 31, 1995, and for the year then ended, the Association held no
<br />securities issued by the City of St. Anthony or other related parties.
<br />-10-
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