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16
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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121917
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16
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12/15/2017 1:25:55 PM
Creation date
12/13/2017 3:22:24 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
12/19/2017
DESTRUCT DATE
15Y
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CONTRIBUTION PROJECTIONS-POLICE SAFETY <br /> • Valuation 6/30/15 6/30/16 <br /> • Contribution Year 2017/2018 2018/2019 <br /> • Required Employer Contribution <br /> • Risk Pool's Net Employer Normal Cost 18.4% 18.6% <br /> • Final Average Compensation(1-Year) 1.0% 0.9% <br /> • Total Normal Cost 19.4% 19.5% <br /> • Risk Pool's Payment on Amortization Bases 12.2% 13.3% <br /> • Amortization of Side Fund 0.0% 0.0% <br /> • Total Employer Contribution 31.5% 32.8% <br /> • Total Employer Contribution $ $3,277 $3,549 <br /> • What Happened from 6/30/15 to 6/30/16: <br /> • 2017/18 Rate 31.5% <br /> • Asset Method Change (4th Year) 2.0% <br /> • 6/30/14 Assumption Change (3rd Year) 1.3% <br /> • 6/30/14 (Gains)/Losses (3rd Year) (1.3%) <br /> • 6/30/15 (Gains)/Losses (2nd Year) 0.9% <br /> • 6/30/16 Discount Rate change (1St Year) 1.2% <br /> • 6/30/16 (Gains)/Losses (1St Year) (2.8%) <br /> • 2018/19 Rate 32.8% <br /> n . <br /> December 19,2017 31 <br /> CONTRIBUTION PROJECTIONS-POLICE SAFETY <br /> This page intentionally blank <br /> q nu nn-,..imu. <br /> i f ASANTON. <br /> December 19,2017 32 P <br />
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