Laserfiche WebLink
SCHEDULE A <br />(continued) <br />The information presented in the required supplementary schedules was determined as part of the <br />actuarial valuation at December 31, 2007. Additional information as of the latest actuarial <br />valuation follows. <br />Valuation date <br />Actuarial cost method <br />Amortization method <br />Remaining amortization period <br />Asset valuation method <br />Actuarial assumptions: <br />Investment Rate of Return* <br />Medical cost trend rate <br />Year of Ultimate trend rate <br />*Includes inflation at <br />12/31/2007 <br />Projected unit credit <br />Level Percentage of Pay, open <br />30 years <br />Market Value of Assets <br />4.00% <br />11.00% - 5.00% <br />2016 <br />3.75% <br />1 <br />~~ <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />The assumed investment rate of return reflects the fact that no assets are set aside within Cabarrus <br />County that are legally held exclusively for retiree health benefits. If a trust or equivalent <br />arrangement were set up for this purpose, the investment rate of return can be increased. <br />Attachment number 1 <br />I -1 Page 302 of 320 <br /> <br /> <br />