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6.G. - Pa Reed Of T$i7
<br />City
<br />Notes to the Basic Financial Statements
<br />For the fiscal year ended June 30, 2018
<br />NOTE 9 — EMPLOYEE BENEFITS (CONTINUED)
<br />A. Pension Plan, Continued
<br />Changes in the Net Pension Liability:
<br />The changes in the Net Pension Liability for each Plan follow:
<br />Miscellaneous Plan:
<br />Balance at June 30, 2016
<br />Changes in the year:
<br />Service cost
<br />Interestonthe total pension liability
<br />Differences between actual and expected
<br />experience
<br />Changes in assumptions
<br />Changes in benefitterms
<br />Net Plan to Plan Resource Movement
<br />Contribution - employer
<br />Contribution - employee
<br />Net investment income
<br />Administrative expenses
<br />Benefit payments , including refunds of employee
<br />contributions
<br />Net changes
<br />Balance at June 30, 2017
<br />Safety Plan:
<br />Balance at June 30, 2016
<br />Changes in the year:
<br />Service cost
<br />Interestonthe total pension liability
<br />Differences between actual and expected
<br />experience
<br />Changes in assumptions
<br />Changes in benefitterms
<br />Net Plan to Plan Resource Movement
<br />Contribution - employer
<br />Contribution - employee
<br />Net investment income
<br />Administrative expenses
<br />Benefit payments , including refunds of employee
<br />contributions
<br />Net changes
<br />Increase (Decrease)
<br />Total Pension Plan Fiduciary Net Pension
<br />5,947,899 5,947,899
<br />21,786,870 21,786,870
<br />275,278
<br />Plan Fiduciary
<br />275,278
<br />18,027,744
<br />Net Position
<br />18,027,744
<br />$ 337,012,416
<br />(6,379)
<br />6,379
<br />8,853,629
<br />8,428,180
<br />(8,428,180)
<br />25,379,781
<br />2,778,380
<br />(2,778,380)
<br />1,130,542
<br />22,220,866
<br />(22,220,866)
<br />21,432,755
<br />(289,176)
<br />289,176
<br />(13,255,651)
<br />(13,255,651)
<br />-
<br />32,782,140
<br />19,876,220
<br />12,905,920
<br />$ 322,844,472
<br />$ 215,735,914
<br />$ 107,108,558
<br />Increase (Decrease)
<br />Total Pension
<br />Plan Fiduciary
<br />Net Pension
<br />Liability
<br />Net Position
<br />Liability/(Asset)
<br />$ 337,012,416
<br />$ 216,012,863
<br />$ 120,999,553
<br />8,853,629
<br />-
<br />8,853,629
<br />25,379,781
<br />25,379,781
<br />1,130,542
<br />1,130,542
<br />21,432,755
<br />21,432,755
<br />108,379
<br />(108,379)
<br />11,975,338
<br />(11,975,338)
<br />2,916,109
<br />(2,916,109)
<br />24,645,186
<br />(24,645,186)
<br />(318,928)
<br />318,928
<br />(18,081,124)
<br />(18,081,124)
<br />38,715,583
<br />21,244,960
<br />17,470,623
<br />Balance at June 30, 2017 $ 375,727,999 $ 237,257,823 $ 138,470,176
<br />71
<br />277
<br />
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