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Safety Plan: 6.1.E. - Page 114 <br /> Measurement Period 2013-14* <br /> TOTAL PENSION LIABILITY <br /> $ <br /> Service Cost 6,630,333 <br /> Interest 21,880,004 <br /> Changes of Benefit Terms <br /> Difference Between Expected and Actual Experience <br /> Changes of Assumptions <br /> Benefit Payments, Including Refunds of Employee Contributions (14,361,985) <br /> Net Changes in Total Pension Liability 14,148,352 <br /> Total Pension Liability- Beginning 295,599,213 <br /> Total Pension Liability- Ending(a) 309,747,565 <br /> PLAN FIDUCIARY NET POSITION <br /> $ <br /> Contributions- Employer 7,791,669 <br /> Contributions- Employee 2,230,065 <br /> Net Investment Income 32,968,535 <br /> Benefit Payments, Including Refunds of Employee Contributions (14,361,985) <br /> Other Changes in Fiduciary Net Position <br /> Net Changes in Fiduciary Net Position 28,628,284 <br /> Plan Fiduciary Net Position- Beginning 187,363,869 <br /> Plan Fiduciary Net Position- Ending(b) 215,992,153 <br /> Plan Net Pension Liability/(Asset)-Ending(a)-(b) 93,755,412 <br /> Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 69.73% <br /> Covered-Employee Payroll $21,679,799 <br /> Plan Net Pension Liability/(Asset)as a Percentage of Covered-Employee Payroll 432.46% <br /> * Historical information is required only for measurement periods for which GASB 68 is applicable. <br /> Notes to Schedules <br /> Benefit Changes: The figures above do not include any liability impact that may have resulted from plan <br /> changes which occurred after June 30,2013. This applies for voluntary benefit changes as well as any offers <br /> of Two Years Additional Service Credit (a.k.a.Golden Handshakes). <br /> Changes of Assumptions:There were no changes in assumptions. <br /> 85 <br />