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Packet 01182022
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Last modified
9/29/2025 10:36:08 AM
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4/1/2022 9:41:07 AM
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Reso 2022-022 Accepting Comprehensive Annual Financial Report FY end 2021
(Amended)
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\City Clerk\City Council\Resolutions\2022
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CITY OF SAN LEANDRO <br />Notes to Required Supplementary Information <br />For the year ended June 30, 2021 <br />City of San Leandro <br />Cost-Sharing Multiple-Employer Defined Pension Plan - Safety Plan <br />SCHEDULE OF THE PLAN'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY <br />AND RELATED RATIOS AS OF THE MEASUREMENT DATE <br />Last 10 Years* <br />Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 <br />Plan's proportion of the Net Pension Liability (Asset)0.77754% 0.84138% 0.85648% 0.85168% 0.88976% 0.89929% 0.91795% <br />Plan's proportion share of the Net Pension Liability <br />(Asset)48,381,880$ 57,751,630$ 74,111,802$ 84,462,824$ 85,739,175$ 92,150,076$ 99,870,170$ <br />Plan's Covered Payroll 10,789,007$ 10,794,582$ 11,439,904$ 11,316,753$ 12,841,859$ 13,169,196$ 13,692,447$ <br />Plan's Proportionate Share of the Net Pension <br />Liability/(Asset) as a Percentage of its Covered Payroll 450.15% 535.01% 647.84% 746.35% 667.65% 699.74% 729.38% <br />Plan's Proportionate Share of the Fiduciary Net Position <br />as a Percentage of the Plan's Total Pension Liability 79.82% 78.40% 74.06% 73.31% 75.26% 75.26% 75.10% <br />* - Fiscal year 2015 was the 1st year of implementation. <br />96357
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