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Packet 20250218
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5A Consent
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Last modified
9/22/2025 2:27:08 PM
Creation date
9/9/2025 9:43:59 AM
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CM City Clerk-City Council
Document Date (6)
2/18/2025
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Reso 2025-011 Annual Comprehensive Financial Report (ACFR)
(Amended)
Path:
\City Clerk\City Council\Resolutions\2025
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CITY OF SAN LEANDRO <br />Notes to Required Supplementary Information <br />For the year ended June 30, 2024 <br /> <br /> <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 <br />Plan's proportion of the Net Pension Liability (Asset)0.77754% 0.84138% 0.85648% 0.85168% 0.88976% <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$ <br />Plan's Covered Payroll 10,789,007$ 10,794,582$ 11,439,904$ 11,316,753$ 12,841,859$ <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% <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% <br /> <br /> <br />100
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