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CITY OF ELK RIVER, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION - CONTINUED <br />FOR THE YEAR ENDED DECEMBER 31, 2015 <br />Schedule of employer's Fire Relief Association contributions <br />Schedule of funding progress for the other postemployment benefit plans <br />Municipal Retiree Health Plan <br />Required Supplementary Information <br />Unfunded <br />Actuarial <br />Actual <br />Contribution <br />Actuarial Actuarial <br />Determined <br />Contributions <br />Deficiency <br />Year <br />Contribution <br />Paid <br />(Excess) <br />Ending <br />(a) <br />(b) <br />(a -b) <br />12/31/15 <br />$ 174,826 <br />$ 204,826 <br />$ (30,000) <br />12/31/14 <br />164,825 <br />194,825 <br />(30,000) <br />12/31/13 <br />167,103 <br />197,103 <br />(30,000) <br />Schedule of funding progress for the other postemployment benefit plans <br />Municipal Retiree Health Plan <br />Utilities Retiree Health Plan <br />Unfunded <br />UAAL as a <br />Actuarial <br />Actuarial Actuarial <br />Actuarial <br />Annual <br />Percentage <br />Valuation <br />Value of Accrued <br />Accrued <br />Funded Covered <br />of Covered <br />Date <br />Assets (a) Liability (b) <br />Liability (b -a) <br />Rate Payroll (c) <br />Payroll ((b-a)/c) <br />01/01/08 <br />$ - $ 88,718 <br />$ 88,718 <br />- % $ 4,095,000 <br />2.17 % <br />O1/01/11 <br />- 908,610 <br />908,610 <br />- 6,901,671 <br />13.17 <br />01/01/14 <br />- 996,344 <br />996,344 <br />- 7,442,216 <br />13.39 <br />Utilities Retiree Health Plan <br />-92- <br />Unfunded <br />UAAL as a <br />Actuarial <br />Actuarial Actuarial <br />Actuarial <br />Annual <br />Percentage <br />Valuation <br />Value of Accrued <br />Accrued <br />Funded Covered <br />of Covered <br />Date <br />Assets (a) Liability (b) <br />Liability (b -a) <br />Rate Payroll (c) <br />Payroll ((b-a)/c) <br />01/01/08 <br />$ - $ 56,892 <br />$ 56,892 <br />- % $ 2,300,000 <br />2.47 % <br />O1/01/11 <br />- 42,681 <br />42,681 <br />- 2,286,547 <br />1.87 <br />01/01/14 <br />- 68,948 <br />68,948 <br />- 2,810,413 <br />2.45 <br />-92- <br />