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AG 2017 01 17
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AG 2017 01 17
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Last modified
1/20/2017 11:55:41 AM
Creation date
11/27/2017 10:27:07 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
1/17/2017
Board
Board of Commissioners
Meeting Type
Regular
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Schedule 3 <br /> CA BARB US COUNTY TOURISM A UTHORITY <br /> d/b/a Cabarrus County Convention And Visitors Bureau <br /> SCHEDULES OFREQUIRED SUPPLEMENTARY INFORMATION <br /> SCHEDULE OF THE BUREAU'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY <br /> LOCAL GOVERNMENT EMPLOYEES'RETIREMENT SYSTEM <br /> For the Years ended June 30, 2016 and 2015 <br /> 2016 2015 <br /> Bureau's proportion of the net pension liability(asset) 0.0187% 0.0190% <br /> Bureau's proportionate share of the net pension liability(asset) $ 83,700 $ (104,754) <br /> Bureau's covered-employee payroll $ 985,940 $ 935,181 <br /> Bureau's proportionate share of the net pension liability(asset) as a <br /> percentage of its covered- employee payroll 8.49% -11.20% <br /> Plan fiduciary net position as a percentage of the total pension liability 98.09% 102.64% <br /> *The amounts presented for each fiscal year were determined as of the prior fiscal year ending June 30 <br /> The accompanying notes are an integral part of this statement. <br /> 32 <br /> Attachment number 1 \n <br /> 1-5 Page 175 <br />
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