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Plan Membership <br /> The following table reflects the Association's Plan membership as of the beginning and ending of the year: <br /> December 31, Increase <br /> 2012 2011 (Decrease) <br /> Active participants <br /> Vested <br /> Fully 10 11 (1) <br /> Partially 23 21 2 <br /> Non-vested(less than 5 years of service) 3 6 (3) <br /> Deferred Members 3 3 - <br /> Total Membership 39 41 (2) <br /> Funding Status <br /> The amount of the total accrued pension liability is based on a standardized measurement established by the Governmental <br /> Accounting Standards Board(GASB)that,with some exceptions,must be used by the relief associations for financial statement <br /> presentations.This standardized measurement is based on Minnesota statute 69.772.This pension valuation method reflects the <br /> present value of estimated pension benefits that will be paid in future years as a result of service years performed by the members of <br /> the Association.A standardized measure of the accrued pension liability was adopted by GASB to enable the readers of relief <br /> association financial statements to(a)assess the relief association's funding status on a going-concern basis,(b)assess progress being <br /> made in accumulating sufficient assets to pay benefits when due,and(c)make comparisons among relief associations. <br /> Because the standardized measure is used only for disclosure purposes by the Association,the measurement is independent of an <br /> actuarial computation made to determine contributions to the Association.The following represents the percentage funded trend for <br /> the last six years. <br /> -15- <br />