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Finance Highlights 2011 0304
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Finance Highlights 2011 0304
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Last modified
3/17/2011 5:31:47 PM
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3/17/2011 5:31:17 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
3/4/2011
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_CC Agenda 2011 0321
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0321
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City of San Leandro <br /> CaIPERS Employer (ER) Contribution <br /> History and Projections <br /> Miscellaneous Plan Safety Plan <br /> FY ER Rate Change FY ER Rate Change <br /> 1997 -98 10 2% 1997 -98 13 4% <br /> 1998 -99 10.5% 0 3% 1998 -99 1 5% -11 9% <br /> 1999 -00 1.6% -8.8% 1999 -00 0 0% -1 5% <br /> 2000 -01 0.0% -1.6% 2000 -01 0 0% 0 0% <br /> 2001 -02 0.0% 0 0% 2001 -02 0 0% 0 0% <br /> 2002 -03 0.0% 0 0% 2002 -03 0 0% 0 0% <br /> 2003 -04 2.5% 2 5% 2003 -04 5 7% 5 7% <br /> 2004 -05 9.4% 6.9% 2004 -05 34 3% 28 6% <br /> 2005 -06 14.7% 5 3% 2005 -06 40 0% 5 8% <br /> 2006 -07 13.3% -1 4% 2006 -07 40 4% 0 3% <br /> 2007 -08 13.3% 0 0% 2007 -08 42 3% 1 9% <br /> 2008 -09 13.5% 0 2% 2008 -09 42 8% 0 5% <br /> 2009 -10 13.5% 0 0% 2009 -10 41 6% -1.3% <br /> 2010 -11 13 2% -0 3% 2010 -11 42 6% 1 0% <br /> 2011 - 12 17.6% 4.3% 2011 -12 46.7% 4.1% <br /> 2012 -13 19.1% 1 6% 2012 -13 47.9% 1 2% <br /> 2013 -14 23.1% 4 0% 2013 -14 50.9% 3 0% <br /> 2014 -15 25.1% 2 0% 2014 -15 52.9% 2 0% <br /> NOTES <br /> Miscellaneous Plan <br /> CaIPERS ER contribution for FY 2012/FY 2013 & FY 2014 projections (11/2010 val <br /> FY 2013 could increase 1.5% - 3% if investment assumed rate of return lowered to <br /> Assuming 2% increase in FY 2015 <br /> Safety Plan <br /> CaIPERS ER contribution for FY 2012/FY 2013 projections (11/2010 valuation) <br /> FY 2013 could increase 4% - 5% if investment assumed rate of return lowered to 7. /s <br /> Assuming 3% increase in FY 2014 <br /> Assuming 2% increase in FY 2015 <br />
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