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City of San Leandro <br />Required Supplementary Information <br />For the year ended June 30, 2012 <br /> <br /> <br />106 <br /> <br />3. SCHEDULE OF FUNDING PROGRESS – OTHER POST RETIREMENT BENEFIT PLAN <br /> <br />This schedule presents information that shows whether the actuarial value plan assets are increasing or decreasing over <br />time relative to the actuarial accrued liability for benefits. <br /> <br />Actuarial <br />Valuation <br />Date <br />Actuarial <br />Value of <br />Assets <br />(a) <br />Actuarial <br />Accrued <br />Liability <br />(AAL) <br />Entry Age (b) <br />Unfunded <br />AAL <br />(UAAL) <br />(b-a) <br />Funded <br />Ratio <br />(a/b) <br />Annual <br />Covered <br />Payroll <br />UAAL as a <br />Percentage <br />of Covered <br />Payroll <br />([b-a]/c) <br />6/30/2007 -$ 20,977,000$ 20,977,000$ 0%32,564,000$ 64.4% <br />6/30/2009 500,000 16,853,000 16,353,000 3%29,408,000 55.6% <br />