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5.1. ERMUSR 04-14-2015
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5.1. ERMUSR 04-14-2015
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4/15/2015 4:08:25 PM
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City Government
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ERMUSR
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4/14/2015
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ELK RIVER MUNICIPAL UTILITIES <br /> ELK RIVER,MINNESOTA <br /> REQUIRED SUPPLEMENTARY INFORMATION <br /> FOR THE YEAR ENDED DECEMBER 31,2014 <br /> Schedule of funding progress for the retiree health plan <br /> Unfunded <br /> Actuarial UAAL as a <br /> Actuarial Actuarial Actuarial Accrued Percentage <br /> Valuation Value of Accrued Liability Funded Covered of Covered <br /> Date Assets Liability (UAAL) Ratio Payroll Payroll <br /> 12/31/2014 S - $ 68,948 $ 68,948 - % $ 2,810,413 2.50 % <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 /> 98 <br />
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