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Exhibit 12 <br />Cabarrus County, North Carolina <br />Special Separation Allowance <br />Required Supplementary Information <br />Schedule of Employer Contributions <br />Year EndedAnnual RequiredActualPercentage <br />ContributionContributionContributed <br /> June 30 <br />2003$195,574$ 179,46592% <br />2004358,891 322,57490% <br />2005377,815 358,89195% <br />2006392,503 377,81596% <br />2007340,536 392,503115% <br />2008350,675 340,53697% <br />2009353,811 350,67599% <br />2010412,065 353,81186% <br />2011551,536 412,06575% <br />2012451,644 551,536122% <br />The information presented in the required supplementary schedule was determined as part of the actuarial <br />valuations at the dates indicated. Additional information as of the latest actuarial valuation follows. <br />Valuation date12/31/2010 <br />Actuarial cost methodProjected unit credit <br />Amortization methodLevel percent of pay open <br />Remaining amortization period10 years <br />Asset valuation methodMarket value <br />Actuarial assuptions: <br />Investment rate of return*5.00% <br />Projected salary increases*4.25% to 7.85% <br />Cost-of-living adjustmentsN/A <br />*Includes inflation at 3.00% <br />78 <br />