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10A Action 2014 0203
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10A Action 2014 0203
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Last modified
6/5/2019 7:56:11 AM
Creation date
1/28/2014 6:06:23 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/3/2014
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PERM
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_CC Agenda 2014 0203 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2014\Packet 2014 0203
Reso 2014-008
(Reference)
Path:
\City Clerk\City Council\Resolutions\2014
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City of San Leandro <br />Required Supplementary Information <br />For the year ended June 30, 2013 <br />3. SCHEDULE OF FUNDING PROGRESS - OTHER POST RETIREMENT BENEFIT PLAN <br />The Plans' actuarial values, which differ from fair values, and funding progress over the most recent past <br />three years available, are set forth below at their actuarial valuation date of June 30: <br />92 <br />Actuarial <br />Accrued <br />UAAL as a <br />Actuarial <br />Liability <br />Annual <br />Percentage of <br />Actuarial <br />Value of <br />(AAL) Entry <br />Unfunded <br />Covered <br />Covered <br />Valuation <br />Assets <br />Age <br />AAL(UAAL) <br />Funded Ratio <br />Payroll <br />Payroll <br />Date <br />(a) <br />(b) <br />(b -a) <br />(a/b) <br />(c) <br />([b-a]/c) <br />6/30/2007 <br />$20,977,000 <br />$20,977,000 <br />$32,564,000 <br />64.4% <br />6/30/2009 <br />$500,000 <br />16,853,000 <br />16,353,000 <br />3% <br />29,408,000 <br />55.6% <br />6/30/2011 <br />1,102,000 <br />17,281,000 <br />16,179,000 <br />6% <br />29,276,000 <br />55.3% <br />92 <br />
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