|
ELK RIVER FIRE DEPARTMENT RELIEF ASSOCIATION
<br /> ELK RIVER, MN.
<br /> REQUIRED HISTORICAL TREND INFORMATION
<br /> DECEMBER 31, 1999
<br />
<br />Historical trend information related to the pension plan is presented here. The information is presented to
<br />enable the reader to assess the progress made by the Relief Association in accumulating sufficient assests to
<br />pay pension benefits as they become due.
<br />This information is intended to help the readers of the finacial statements assess the Relief Association's
<br />funding staus on a going-concern basis, assess progress made in accumulating assets to pay benefits when
<br />due, and make comparisons with other relief associations.
<br />
<br />Ne~ assets Pension
<br />Available Benefit Percentage
<br />For Benefits Obligation Funded
<br />
<br />Funded/(unfunded)
<br />Pension Benefits
<br />Obligation
<br />
<br />1999 $1,309,219 $1,134,930 115.4% $174,289
<br /> ~- 120.~yo ~4,3~4
<br />1998 1,390,291 1,1~,967 ,o/ ~- ~
<br />1997 1,192,103 1,088,123 109.6% 103,980
<br />1996 1,001,056 953,938 104.9% 47,118
<br />1995 895,562 906,891 98.8% (11,329)
<br />1994 759,890 779,372 91.5% (19,482)
<br />1993 764,918 763,098 100.2% 1,820
<br />1992 658,625 636,918 103.4% 21,707
<br />1991 568,624 567,949 100.1% 675
<br />1990 475,001 53,039 85.9o/o (78,038)
<br />1989 466,410 497,085 93.8% (30,675)
<br />
<br /> Revenue by Source
<br /> City, Stye and lnve~ment Other Benefit
<br /> Other comribution Income Income Payme~s
<br />
<br />1999 $ 82,950 $ 130,477 (0) $ ..... $291,067
<br />
<br />1998 79,502 120,631 (1) .............
<br />1997 90,308 103,056 (2) .............
<br />1996 73,630 60,923 (3) .... 26,850
<br />1995 43,754 93,246(4) ............
<br />1994 60,526 19,402 .... 82,400
<br />1993 57,514 48,449 2,816 .........
<br />1992 58,590 33,450 506 .........
<br />
<br />199l 60,907 39,373 33,295 38,000
<br />1990 56,321 33,357 (8,374) 70,200
<br />1989 51,297 32,358 13,672 38,500
<br />
<br />Expenses by Source
<br /> Administrative
<br /> Expensives
<br />
<br />$ 3,432
<br /> 1,945
<br /> 2,317
<br /> 2,209
<br /> 1,328
<br /> 2,556
<br /> 2,486
<br /> 2,545
<br /> 1,767
<br /> 1,563
<br /> 1,225
<br />
<br />(0) Includes increase in market value of $91,234
<br />(1) Includes increase in market value of $45,121
<br />(2) Includes increase im market value of $14,468
<br />(3) Includes increase in market value of $ 7,569
<br />(4) Includes increase in market value of $45,354
<br />
<br />
<br />
|