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AG 2009 04 20
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AG 2009 04 20
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Last modified
2/5/2010 12:34:24 PM
Creation date
11/27/2017 11:25:12 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/5/2010
Board
Board of Commissioners
Meeting Type
Regular
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SCHEDULE C <br />(continued) <br />DEATHS AFTER RETIREMENT: According to the 1994 Group Annuity Mortality table with <br />Projection Scale AA set forward three years for finales and set forward two years for females. <br />ASSET VALUATIONMETHOD: Market value. <br />HEALTH CARE COST TREND RATES: Following is a chart detailing trend assumptions. <br />Year Trend <br />2008 11.00% <br />2009 10.00% <br />2010 9.00% <br />2011 8.00% <br />2012 7.00% <br />2013 6.50% <br />2014 6.00% <br />2015 5.50% <br />2016 and beyond 5.00% <br />1 <br />~~ <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />AGE RELATED MORBIDITY: Per capita costs are adjusted to reflect expected cost changes <br />related to age, The increase to the net incurred claims was assumed to be: <br />Participant Age Annual Increase <br /><30 0.0% <br />30 - 34 1.0% <br />35 - 39 1.5% <br />40 - 44 2.0% <br />45 - 49 2.6% <br />50 - 54 3.3% <br />55 - 59 3.6% <br />60 - 64 4.2% <br />65 and over 0.0% <br />Attachment number 1 <br />I -1 Page 306 of 320 <br />
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