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14
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2014
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031814
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14
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8/18/2015 3:30:16 PM
Creation date
3/13/2014 2:52:27 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
3/18/2014
DESTRUCT DATE
15Y
DOCUMENT NO
14
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SUMMARY OF DEMOGRAPHIC INFORMATION—FIRE SAFETY <br /> 1994 2003 2011 2012 <br /> Actives <br /> • Counts 53 121 105 107 <br /> • Average <br /> • Age 43 42 44 43 <br /> • City Service 16 12 13 13 <br /> • PERSab1e Wages $63,000 $88,400 $121,800 $121,100 <br /> • Total PERSable Wages (millions) 3.6 11.8 14.0 14.2 <br /> Receiving Payments <br /> • Counts <br /> • Service 50 91 73 <br /> • Disablity 36 56 45 <br /> • Beneficiaries 3 7 9 <br /> • Total 9 89 154 127 <br /> • Average Annual City Provided Benefit' <br /> • Service $40,900 $57,600 $75,500 <br /> • Disability 31,500 42,400 56,500 <br /> • Service Retirements in last 5 years 40,800 67,500 77,200 <br /> Average City provided pensions are based on City service&City benefit formula,and are not <br /> representative of benefits for long service employees. <br /> 7E2 CS <br /> (El) <br /> March 18,2014 7 <br /> MEMBERS INCLUDED IN VALUATION—FIRE SAFETY <br /> 160 <br /> 140 1 I !� <br /> 1 <br /> 120 r <br /> limiTirmilulrrin,nAAA <br /> 100 I'11!1I 1. on n,L' [i n <br /> I <br /> 80 ' " , <br /> I <br /> 60 wuI1r1uIiIII , IIIIIIIIIIIIIIiIII <br /> ' , ' ,4U 111I'� 1;1 ;I1 I' I1; I III <br /> '1 ' II1 1,11�I 1I1!1 � <br /> 20 1I '' : I !1 i' I ; <br /> I�U <br /> I IIJI , II : IIIjII .jI' BI� <br /> ©©©0®mm®IEMI®mmmmmlm®®® <br /> VrstedTrmlaatioaaSo0 EN=DD©©©EI©EI0©EN010© <br /> Ditece;va-Pa ..ads p®Immm®mmmmlmlBBlMERIEBBITIIBIBB® <br /> Agencies switched to and from Social Security coverage or other benefit provision(e.g.pre-retirement death benefits)have separate coverage group for <br /> service before and after the switch with the same rate plan.In prior valuations,inactives were counted separately under each coverage group.Starting <br /> 2012,MyICaIPERS data extract combines all benefits from the same rate plan together,no longer counting separately for different coverage groups. <br /> �anf <br /> „-FrAeSritiV Ic r. <br /> March 18,2014 8 <br />
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