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CC WORKSESSION 06031997
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CC WORKSESSION 06031997
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Section 4 <br />Detentimation ol3lunidpV Contribution (tf Deficit <br />A dzation of Dagdls. <br />Year Iaeurmd <br />Colum1k 1 Column 7 <br />I Colunm 3 <br />1 Aeiount Retired in Friu� Amount Lett to <br />New add'1 Deficit (19967 � i <br />Totals <br />n. 0 (section 2, line S) <br />o_ 0 (Column 3 Subtotal) <br />l <br />p• 0(n. minus o.) <br />cep � 1 It line pis positive, enter line pin columns land 3 of New additional Deficit (96) line. <br />(This is your New additional Deficit for 1996.) <br />Step # 2 If line pis negative, reduce colunuis 2 and 3 according to Deficit Reduction in the instructions, page 6. <br />Amortization of Deficit (Total from Colman 1 0 8,10) <br />Total from line C, Schedule I Normal Cost 13S 0 <br />Calculated Administrative Expense (1995 Reporting Form Adm. Exp. 2697 x 1.035 ) 14$ 0 <br />15$ $ 0 <br />Subtotal Lines 13 +14 +15 <br />Le <br />q. Minnesota State Aid $ 0 <br />50 C of line 5 g 0 <br />Total Subtractions (subtotal of Lines q and r( <br />Municipal Contribution (line 15 utinus line 17) <br />(Il0 or neplive, there is no muilidpal contribution) <br />Section _5 <br />Odculation of Average special fund income per member <br />F <br />l <br />G. <br />last gear 1995 <br />;cars ago 199 <br />3 years nco 1993 <br />Total column E divided by 3 <br />$� �8751 <br />A e <br />Stile Municipal tow of ' Active <br />20,103 <br />16$ n <br />17S 0 <br />18 ,S 0 <br />A+B +C <br />D <br />E <br />21 9:7:29 <br />' -2 870.18 <br />�? 798.74 <br />Maziatual Pension Benefit under i <br />tithe 5F-16-0-07) <br />I f <br />Loot, up the result ofF on the table (page 7 in the instructions) to obtain G. <br />This is }roar maximum benefit this year. You cannot increase benefits bevond this amount. <br />Page 4 <br />119 <br />t9 <br />19 <br />New add'1 Deficit (19967 � i <br />Totals <br />n. 0 (section 2, line S) <br />o_ 0 (Column 3 Subtotal) <br />l <br />p• 0(n. minus o.) <br />cep � 1 It line pis positive, enter line pin columns land 3 of New additional Deficit (96) line. <br />(This is your New additional Deficit for 1996.) <br />Step # 2 If line pis negative, reduce colunuis 2 and 3 according to Deficit Reduction in the instructions, page 6. <br />Amortization of Deficit (Total from Colman 1 0 8,10) <br />Total from line C, Schedule I Normal Cost 13S 0 <br />Calculated Administrative Expense (1995 Reporting Form Adm. Exp. 2697 x 1.035 ) 14$ 0 <br />15$ $ 0 <br />Subtotal Lines 13 +14 +15 <br />Le <br />q. Minnesota State Aid $ 0 <br />50 C of line 5 g 0 <br />Total Subtractions (subtotal of Lines q and r( <br />Municipal Contribution (line 15 utinus line 17) <br />(Il0 or neplive, there is no muilidpal contribution) <br />Section _5 <br />Odculation of Average special fund income per member <br />F <br />l <br />G. <br />last gear 1995 <br />;cars ago 199 <br />3 years nco 1993 <br />Total column E divided by 3 <br />$� �8751 <br />A e <br />Stile Municipal tow of ' Active <br />20,103 <br />16$ n <br />17S 0 <br />18 ,S 0 <br />A+B +C <br />D <br />E <br />21 9:7:29 <br />' -2 870.18 <br />�? 798.74 <br />Maziatual Pension Benefit under i <br />tithe 5F-16-0-07) <br />I f <br />Loot, up the result ofF on the table (page 7 in the instructions) to obtain G. <br />This is }roar maximum benefit this year. You cannot increase benefits bevond this amount. <br />Page 4 <br />
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