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Reso 2011-053 Attachment
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Reso 2011-053 Attachment
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
2/22/2011
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City of San Leandro <br />Required Supplemental Information <br />For the year ended June 30, 2010 <br />3. SCHEDULE OF FUNDING PROGRESS — OTHER POST RETIREMENT BENEFIT PLAN <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 />Actuarial <br />Actuarial <br />Accrued <br />Unfunded <br />Actuarial <br />Value of <br />Liability <br />AAL <br />Funded <br />Annual <br />Valuation <br />Assets <br />(AAL) <br />(UAAL) <br />Ratio <br />Covered <br />Date <br />(a) <br />Entry Age (b) <br />(b-a) <br />(a/b) <br />Payroll <br />6/30/2007 <br />$ - <br />$ 20,977,000 <br />$ 20,977,000 <br />00/0 <br />$32,564,000 <br />6/30/2009 <br />500,000 <br />16,853,000 <br />16,353,000 <br />3% <br />29,408,000 <br />UAAL as <br />a <br />Percentage <br />of Covered <br />Payroll <br />([b-a]/c) <br />64.4% <br />55.6% <br />86 <br />
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