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CITY OF ELK RIVER <br /> SCHEDULE OF FUNDING PROGRESS FOR OTHER POSTEMPLOYMENT BENEFIT PLAN <br /> DECEMBER 31, 2016 <br /> Municipal Retiree Health Plan <br /> Actuarial UAAL as a <br /> Actuarial Accrued Percentage <br /> Actuarial Value of Liability Unfunded Funded Covered of Covered <br /> Valuation Assets (AAL) AAL Ratio Payroll Payroll <br /> Date (a) (b) (b-a) (a/b) (c) ((b-a)/c) <br /> 1/1/2014 $ - $ 996,344 $ 996,344 - $ 7,442,216 13.39% <br /> 1/1/2011 - 908,610 908,610 - 6,901,671 13.17% <br /> 1/1/2008 - 88,718 88,718 - 4,095,000 2.17% <br /> Utilities Retiree Health Plan <br /> Actuarial UAAL as a <br /> Actuarial Accrued Percentage <br /> Actuarial Value of Liability Unfunded Funded Covered of Covered <br /> Valuation Assets (AAL) AAL Ratio Payroll Payroll <br /> Date (a) (b) (b-a) (a/b) (c) ((b-a)/c) <br /> 1/1/2014 $ - $ 68,948 $ 68,948 - $ 2,810,413 2.45% <br /> 1/1/2011 - 42,681 42,681 - 2,286,547 1.87% <br /> 1/1/2008 - 56,892 56,892 - 2,300,000 2.47% <br /> (74) <br />