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6.A. - Page 98 of 191
<br />CITY OF REDWOOD CITY
<br />NOTES TO THE BASIC FINANCIAL STATEMENTS
<br />For the Fiscal Year Ended June 30, 2019
<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, 2017 (Measurement Date)
<br />Changes in the year:
<br />Service cost
<br />Interest on the total pension liability
<br />Differences between actual and expected
<br />experience
<br />Changes in assumptions
<br />Changes in benefit terms
<br />Net Plan to Plan Resource Movement
<br />Contribution - employer
<br />Contribution - employees
<br />Net investment income
<br />Administrative expenses
<br />Benefit payments , including refunds of
<br />employee contributions
<br />Other Miscellaneous Income/(expense)
<br />Netchanges
<br />Balance at June 30, 2018 (Measurement Date)
<br />Increase (Decrease)
<br />Total Pension Plan Fiduciary Net Pension
<br />T'-I,.*1.4., 7,T-. D --;+i-- T *-1..1:4..//A ---+\
<br />$ 322,844,472 $ 215,735,916 $ 107,108,556
<br />6,312,633
<br />-
<br />6,312,633
<br />22,736,338
<br />-
<br />22,736,338
<br />1,635,445
<br />-
<br />1,635,445
<br />(2,534,753)
<br />-
<br />(2,534,753)
<br />-
<br />(536)
<br />536
<br />-
<br />9,451,153
<br />(9,451,153)
<br />-
<br />2,789,791
<br />(2,789,791)
<br />-
<br />18,389,970
<br />(18,389,970)
<br />-
<br />(336,176)
<br />336,176
<br />(14,221,495)
<br />(14,221,495)
<br />-
<br />-
<br />(638,404)
<br />638,404
<br />13,928,168
<br />15,434,303
<br />(1,506,135)
<br />$ 336,772,640
<br />$ 231,170,219
<br />$ 105,602,421
<br />rill
<br />105
<br />
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