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6.6. SR 06-04-2018
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6.6. SR 06-04-2018
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6/5/2018 12:26:00 PM
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6/1/2018 8:34:07 AM
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6/4/2018
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74 <br />Unfunded UAAL as a <br />Actuarial Actuarial Actuarial Actuarial Annual Percentage <br />Valuation Value of Accrued Accrued Funded Covered of Covered <br />Date Assets (a)Liability (b)Liability (b -a)Rate Payroll (c)Payroll ((b-a)/c) <br />01/01/17 -$ 867,777$ 867,777$ 0.00%8,406,057$ 10.32% <br />01/01/14 - 996,344 996,344 0.00%7,442,216 13.39% <br />01/01/11 - 908,610 908,610 0.00%6,901,671 13.17% <br />Unfunded UAAL as a <br />Actuarial Actuarial Actuarial Actuarial Annual Percentage <br />Valuation Value of Accrued Accrued Funded Covered of Covered <br />Date Assets (a)Liability (b)Liability (b -a)Rate Payroll (c)Payroll ((b-a)/c) <br />01/01/17 -$ 48,766$ 48,766$ 0.00%3,362,758$ 1.45% <br />01/01/14 - 68,948 68,948 0.00%2,810,413 2.45% <br />01/01/11 - 42,681 42,681 0.00%2,286,547 1.87% <br />Utilities Retiree Health Plan <br />Municipal Retiree Health Plan <br />CITY OF ELK RIVER, MINNESOTA <br />SCHEDULE OF FUNDING PROGRESS - OTHER POSTEMPLOYMENT BENEFIT PLAN <br />DECEMBER 31, 2017
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