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CITY OF HUGO, MINNESOTA <br />Schedule of Funding Progress for the Fire Relief Association <br />December 31, 2016 <br />Actuarial <br />Valuation Date <br />Actuarial Accrued <br />Liability (AAL) <br />Valuation of Plan <br />Assets (a) <br />Actuarial <br />Valuation of Plan <br />Assets (b) <br />Net Pension <br />Liability (Asset) <br />(a -b) <br />12/31/2015 $ 811,636 $ 1,185,873 $ (374,237) <br />12/31/2016 810,616 1,322,467 (511,851) <br />CITY OF HUGO, MINNESOTA <br />Schedule of Employer Contributions for the Fire Relief Association <br />December 31, 2016 and 2015 <br />2016 2015 <br />Actuarially determined contributions <br />Actual contributions paid <br />Contributions deficiency (excess) <br />Note: These schedules are intended to provide information for ten years. The City will include that <br />information as it becomes available. <br />AR <br />