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AG 2012 12 17
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AG 2012 12 17
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Last modified
12/20/2012 9:32:35 AM
Creation date
11/27/2017 11:13:00 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
12/17/2012
Board
Board of Commissioners
Meeting Type
Regular
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Exhibit 13 <br />Cabarrus County, North Carolina <br />Other Post Employment Benefits (OPEB) <br />Required Supplementary Information <br />Schedule of Funding Progress <br />June 30, 2012 <br />79 Attachment number 1 <br />1 -3 Page 336 <br />Actuarial <br />Covered <br />Accrued <br />Payroll <br />Actuarial <br />Liability (AAL) <br />Unfunded <br />for Year <br />UAAL as a <br />Actuarial <br />Value of <br />- Projected Unit <br />AAL <br />Funded <br />Ending on <br />% of Covered <br />Valuation <br />Assets <br />Credit <br />(UAAL) <br />Ratio <br />Valuation Date <br />Payroll <br />Date <br />(a) <br />-a) <br />(a/b) <br />L21 <br />b -a /c <br />12/31 /2005 <br />$ - <br />$ 17,505,771 <br />$ 17,505,771 <br />0.0% <br />$ 21,611,231 <br />81.0% <br />12/31/2007 <br />- <br />21,441,875 <br />21,441,875 <br />0.0% <br />25,327,869 <br />84.7% <br />12/31/2008 <br />- <br />25,198,592 <br />25,198,592 <br />0.0% <br />31,224,203 <br />80.7% <br />12/31/2011 <br />- <br />27,978,569 <br />27,978,569 <br />0.0% <br />34,588,322 <br />80.9% <br />79 Attachment number 1 <br />1 -3 Page 336 <br />
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