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AG 2007 07 23
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AG 2007 07 23
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Last modified
2/1/2009 12:18:10 PM
Creation date
11/27/2017 11:31:21 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/23/2007
Board
Board of Commissioners
Meeting Type
Regular
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rv ~~ <br />J <br />SCHEDULE A <br />THE HEALTH CARE PLAN OF CABARRUS COUNTY <br />RESULTS OF DECEMBER 31, 2005 ACTUARIAL VALUATION <br />MEMBERSHIP <br />Active Members <br />Law Enforcement Officers <br />Number 153 <br />Annual Compensation $ 5,641,552 <br />General Employees <br />Number 444 <br />Annual Compensation $ 15,969,679 <br />Retired Members <br />Number 100 <br />VALUATION BALANCE SHEET <br />Accrued Actuarial Liabilities <br />Present value of benefits (based on credited service to date) payable <br />in respect of: <br />(1) Present retired members and beneficiaries <br />(2) Present active members <br />(3) Total accrued actuarial liabilities [(1)+(2)] <br />Present and Prospective Assets <br />(4) Present assets <br />(5) Present value of future accrued liability contributions <br />(Unfunded accrued liability) [(3)-(4)] <br />(6) Total present and prospective assets <br />$ 5,185,596 <br />12,320,175 <br />$ 17,505,771 <br />0 <br />17.505.771 <br />$ 17,505,771 <br />S -~ <br />
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