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Cabarrus County, North Carolina <br />Other Postemployment Benefits (OPEB) <br />Required Supplementary Information <br />Schedule of Employer Contributions <br />Actual <br />Annual <br />Year Ended <br />Required <br />June 30 <br />Contribution <br />2008 <br />$ 1,850,169 <br />2009 <br />2,156,844 <br />2010 <br />2,513,177 <br />2011 <br />2,513,177 <br />2012 <br />3,060,420 <br />Actual <br />Percentage <br />Contribution <br />Contributed <br />$ 508,993 <br />27.5% <br />585,283 <br />27.1% <br />676,712 <br />26.9% <br />656,130 <br />26.1% <br />1,371,402 <br />44.8% <br />Exhibit 14 <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 date <br />12/31/2011 <br />Actuarial cost method <br />Projected unit credit <br />Amortization method <br />Level percentage of pay, open <br />Remaining amortization period <br />30 years <br />Asset valuation method <br />Market value of Assets <br />Actuarial assumptions: <br />Investment rate of return* <br />4.00% <br />Medical cost trend rate <br />9.50% - 5.00% <br />Year of Ultimate trend rate <br />2018 <br />*Includes inflation at 3.00% <br />80 <br />Attachment number 1 <br />1 -3 <br />Page 337 <br />