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5.1. ERMUSR 04-08-2014
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5.1. ERMUSR 04-08-2014
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4/9/2014 10:41:09 AM
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City Government
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ERMUSR
date
4/8/2014
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ELK RIVER MUNICIPAL UTILITIES <br /> ELK RIVER,MINNESOTA <br /> REQUIRED SUPPLEMENTARY INFORMATION <br /> FOR THE YEARS ENDED DECEMBER 31,2013 AND 2012 <br /> Schedule of funding progress for the retiree health plan <br /> Unfunded <br /> Actuarial UAAL as a <br /> Percentage <br /> Valuation Actuarial Actuarial Accrued Funded Covered of Covered <br /> Valuation Value of Accrued Liability Payroll <br /> Date Assets Liability (UAAL) Ratio Payroll yr <br /> 12/31/2011 $ - $ 42,681 $ 42,681 - % $ 2,286,547 1.87 % <br /> 12/31/2008 - 56,892 56,892 - 2,300,000 2.47 <br /> 105 <br />
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