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LTC 316-2015 City of Miami Beach Pension Plan Comparisons MIAMIBEACH OFFICE OF THE CITY MANAGER LTC # 316-2015 LETTER TO COMMISSION TO: Mayor Phillip Levine and Members o the City Co mission FROM: Jimmy L. Morales, City Manager DATE: August 3, 2015 SUBJECT: City of Miami Beach Pension Plan C mparisons The purpose of the Letter to Commission is to provide the Mayor and the City Commission with information requested regarding where City of Miami Beach pension plans stand in comparison with comparable organizations in the state of Florida, as shown in the attached report. The information in the report has been sorted by the total annual required contribution (ARC) as a percent of payroll, from lowest to highest. A legend and glossary of terms for each section of the report has also been included. Comparability is based on total plan assets and/or sponsor (city) population for 20 municipalities, consisting of 49 pension plans. The City of Miami Beach has two pension plans, the City Pension Fund for Firefighters and Police Officers in the City of Miami Beach and the Miami Beach Employee's Retirement Plan (MBERP) for all other eligible employees. As of the October 1, 2013, valuation, which is the period covered in the attached reports, the City's contribution to the Fire & Police pension plan was 70% of payroll and 41.7% for MBERP. The City's ARC during the same period was $33,028,839; and $26,456,580, respectively. STATISTICAL COMPARISON OF OUR PLAN CONTRIBUTIONS VERSUS OTHER PLANS Fire & Police The City's required contribution per the 2013 valuation was 70% of payroll, which is above the average of 45.6% for comparable Florida organizations. The City's contribution is 53.5% higher than the average contribution. Of the comparable Florida organizations, 86% have a lower contribution percentage rate than the City of Miami Beach; while 14% have an equivalent or higher contribution percentage rate. MBERP The City's required contribution per the 2013 valuation was 41.7% of payroll, which is above the average of 38.3% for comparable Florida organizations. The City's contribution is 8.9% higher than the average contribution. Of the comparable Florida organizations, 64% have a lower contribution percentage rate than the City of Miami Beach; while 36% have an equivalent or higher contribution percentage rate. LTC: City of Miami Beach Pension Plan Comparisons August 3, 2015 Page 2 of 2 Adopted Pension Polices & Guidelines On July 19, 2013, the Commission adopted the pension policies and guidelines which recommend that the City's ARC toward pension plans not exceed 60% of payroll for Fire & Police and 25% for MBERP (Resolution #2013-28290). Based on the comparisons for Fire & Police, the City contribution for 79% of comparable Florida organizations is 60% of payroll or less. The comparisons for MBERP show the City contribution for 48% of comparable Florida organizations is 25% of payroll or less. RECENT PLAN ASSUMPTION CHANGES Fire & Police The investment return assumption for the Fire & Police plan was reduced from 8% to 7.95% for the 10/1/2014 valuation. The investment return assumption will be reduced by 0.05% each year until 7.75% by fiscal year 2019-2020. Effective October 1, 2014, payroll growth assumption was limited to a 10 year average. The current average is 2.3%. MBERP The investment return assumption for MBERP was reduced from 8.00% to 7.85%. This rate will continue to be reduced by 0.15% each year until 7.4% by fiscal year 2019-2020. This change will increase the required employer contribution by approximately $1.1 million, or 1.73% of non-DROP payroll. Based on the 10/1/2014 valuation, payroll growth is expected to remain at 3%. Attach k-nts J LM/K w:/SC-T/J DR/YMT FINANCIAL/CONTRIBUTION DATA This display captures key elements of each valuation,such as assets,unfunded liabilities,active member payroll, annual benefits payable to inactives,annual required contributions,and contribution rates.All figures are as of the valuation date shown.Since some valuations are only prepared biennially or triennially,the data contained herein is an approximation of current conditions rather than an exact accounting. HEADINGS INFORMATION PROVIDED City or District Plan Sponsor(Name of City,Special District,or School Board) TYP SYS Type of Retirement System: • G =General Employees only • P =Police Officers only • F =Firefighters only • PF =Police Officers and Firefighters only • GPF =General Employees,Police Officers and Firefighters • GP =General Employees and Police Officers only • GF =General Employees and Firefighters only • GS =General and Sanitation Employees only • HIS =Health Insurance Subsidy • LG =Lifeguards • CO =Correctional Officers only • ERP =Early Retirement Program Valuation Date The month/day/year on which the financial data in the actuarial valuation is based. Total Assets The market value of assets. UAAL Amount of the Unfunded Actuarial Accrued Liability(UAAL) Valuation Payroll Total payroll of participating employees included in the valuation. Retired Payroll Reflects annual benefits payable to retirees,beneficiaries and vested terminees. z ® NOTE: Those retirement systems which provide retirees with a lump-sum payment or a purchased annuity will not reflect retired payroll amount. Normal Cost The amount of the total annual contribution representing the financial obligation associated with service rendered by plan participants in the"current year"as determined by the actuarial cost method used to fund the Plan. Normal Pct The percent that the normal cost is of the participating employee payroll. UAAL Pymt The amount of the total annual contribution representing the current year payment on Zthe financial obligation associated with service rendered in past years which has not ® yet been funded. UAAL Pct The percent that the UAAL payment is of the participating employee payroll. Reqd Cont Total annual contribution required for the"current year."The sum of Normal Cost and UAAL payments plus interest. Reqd Pct The percent that the annual contribution is of the participating employee payroll. z CONTRIBUTION Reflects the ercent of participating employee payroll which is paid by: Memb Pct Employees Z City Pct Plan sponsor V.- Other Pct Other source(typically Chapter 175 or 185 funds) NOTE:Percent of member,city,and other must at least equal total percent of required contributions,though it may be a greater amount. Plan Year Beginning Plan year for which recommended contributions apply,using beginning date. 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E ?' o •co 0 LL FUNDING PROGRESS(FASB 35 BASIS) HEADINGS INFORMATION PROVIDED City or District Plan Sponsor(Name of City,Special District,or School Board) TYP SYS Type of Retirement System: • G =General Employees only • P =Police Officers only • F =Firefighters only • PF =Police Officers and Firefighters only • GPF =General Employees,Police Officers and Firefighters • GP =General Employees and Police Officers only • GF =General Employees and Firefighters only • GS =General and Sanitation Employees only • HIS =Health Insurance Subsidy • LG =Lifeguards • CO =Correctional Officers only CO • ERP =Early Retirement Program CO Valuation Date The month/day/year on which the financial data in the actuarial valuation is based. REV Indicates whether the valuation was revised. CO Market Value of Assets The market value of assets. Liability for CO Ret.&Ben. The actuarially determined present value of benefit liability for retirees,beneficiaries, CO and those employees who are terminated vested. (Referred to below as"inactives"). EE Contrib The amount of active employee contributions,including if applicable,accumulated interest. Some plans do not refund all or may refund only a portion of employee LL contributions. ♦1) Actives The balance of the actuarially determined present value of accrued benefits of CO current employees. wJ V Total PVAB The sum of the liabilities for Ret&Ben,EE Contrib and Actives. FASB 35 Ratio The percentage ratio of(Market Value of Assets)/(Total PVAB) Ratio of Assets/ Liabilities Inact Total assets divided by liability for the inactives. If assets are equal to or greater than the liability,"100 percent"(funded)is shown under heading INACT. Contr Total assets less the liability for the inactives divided by the amount of employee contributions. If assets less"inact"liability are equal to or greater than the liability Z for employee contributions,"100 percent"(funded)is shown under"Contr"heading. The 0 formula for determining the percent is: Market Value of Assets-Inact Contr LL Actvs The percent funded of all accumulated active employee benefit liabilities,both vested and non-vested,is measured. Formula: Market Value of Assets-Inact-Contr Actvs Comments Liability for DROP accounts if applicable. N Ln to o * •* 0 0 0 * * o o * * 0 0 0 0 0 0 0 0 0 0 0 0 0 0 *1* * * * * 4- ri 000000000000000000000000000100000 0 O LO 0 tD 0 0 0 0 0 0 0 0 Ln r-i 00 O O O O O d O CO O N O O K) O O i tD N O O N O ; O lD 0 0 0 0 0 0 0 0 r-I n r- O ri O O O o0 O u1 O 00 a O O O 1 O IN d 0 0 p \ . N 0 0 0 0 0 O O M r-1 Ln O oo O O Ln O m N m co I � N to . 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M Ln N 00 N Q1 co 00 Q1 VD I1) LD tD d'i LC) d; tD CO u < CO ++ O Ln N N d' O Ln (Ni (Ni O M M O M N d 00 N O Ln d' O d' CO Ln 00 l tD I tD d' O Q1 0 Li.. 1,/l L0 Q1 e-1 O O O O N ri N co 00 Q1 O Q1 O O tD Ql d' 00 N O 00 N Q1 Ln I N 00 Q1 00 tD ■■ Q IC e-1 e-1 -I t-I r-1 r-I e-4 r-1 r-1 r-1 ri ri Q N LL H , fY OA o 00 M M d' ri 0 tD L1 ri 00 tD Ql r4 N O M N 00 00 O ri M tD O M tD d ,O C 00 L/1 N -o lD N N M N O ri N N O M N d' d' O Lc) lD ri W O N M d' 0 O M M i Oo Q1 M M O v t d m 00 N O r-I M O Ql N N tD In tD ri 00 O ri O 00 N ri ri fT N O M d' Ofd Ln N M N y`o a. ti0 < O tD I, O t0 00 tD cr u1 0o tD Q1 tD N N N Q1 N R N Ln r-i Ln o0 Q1 r� e-1 CO' r-I r-1 M r� v) w C > 00 co h tD ri Il) 111 O In ri N Ln Ln O ri f\ e-1 111 M e-I N f\ M O co ri co■N i,d' d' Cr N , cc 'a Q. N d; Ql cal Ql ri Ql 00 Ln ri d' N tD M Ln N co up ri r-I tD d Ql n Ql h. +O O 00 Ln ri r, ++ c 'IS 00 N ul O Q1 111 00 Lf1 d' r-I Ln N M 00 t0 N d CO 00 1 N L.fl Q1 d• O M fr- o0 t0 O Q1 L0 C 3 l0 d' ri N 00 00 N tD u1 M u1 O tD N N N N lD tD M ri Ql d' N M ri N 1 r 1 Lf 1 O 0 M ,D Q) LL o ri tD ri N M M N Lf) N N N Ln N C i -4 tD m ri m t tD I r-•1 N i n v6 E H N { { r-i ` 0 i i/2 iJ? if). ill. {/} ih if} ih ih ih ih i/} if). tn. �/} i/} ih ih V} i/> i/F ih ih ih VI. ih V}{iJ}j iJ? ih ih ih C) C 4J { rr M O Q1 ri O Ln 00 Ln 00 Q1 lD 00 lD M M d' N Q1 O Q1 N N. �--I M N M Q1 O i M d- M Ln tD C d' 00 O M O 00 d' N N tD M 00 Q1 M N 0 N tD Ln t0 lD M d• Q1 Ln I Q1 lD tD r1 c d w ' N M O tD M N N O1 O M Q1 r. N .t tD Q1 O r-1 N r1 Q1 d• 00 Q1 Ln O I t0 r-1 0 N 00 N C c 3 Ln O N cT O tD o0 d' tD o0 Ln cr N Ql ri Q1 M Ln r-I Q1 N Ql N r- tD O r-1;M R R Ql c I' 0 c +, ri N C ri M co N tD co Ln N Ln Ln 00 d' N d' N O tD in d' d' e-I Ln d•(N 00 M Ln kn N Lf1 tD O N M 00 Q1 O Ln CO M tD tD M oo tD Ln N M N Ln N M M N N N 00 tD O •c _ 0 ri d' Q1 fT on Lfl l0 r-I O r-1 r l 00 M 4t Q1 CO Lfi M CO 00 00 N N N M;t0 j O O rI Ln 0 d a Q) d' ri lD 00 Q1 d' tD d' d' tD N tD N -1 d- d' Ln d' Ln 0) r I d' u1 N 0 d' 'D I Ln OLD '', c �C Q ri tD ri N M N CO d' ri N N Ln Ln 0 Ln M ri N it'{ ri ri 0 .c 'a MI 00 to `� `� 5 G V} i/'1~ ih i/} if? fh iJ ih ii ih if? ih -(4 iJ} ih iJ} ih i/} ih ih i4 tf} ih i/? ih IJ?I ih V} ih ih i4 Li Im N M o d M N M N d• n M N M M N M M N M o M N M N M M .-I 1 M N M M N e. C ri -I ri ri r ri ri r-, ri ri ri ri r i ri r r . ri r r-, ri ri e-1 ri ri r-1 I ri i ri ri - ri c d 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O I O O O O 0 a-I }. N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N v N 0 \ S.S. \ S.S. S. \ S. \ S.S. S.S. \ S.S. S.S. \ \ S. \ S.S. \ S. S. S. S.S. S. S. \ \ \ \ \ \ \ v ,--1 ri ri e-i ri ri r-1 e-i r1 ri ri ri r-1 e-1 e-1 r-1 O e-I ri r-1 r I ri r-1 ri t-1 ,-1 ri r-1 r-1 r-1 r-1 ,.-1\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ S. \ \ S. \ S. \ \ \ \ S. m c f0 O O O r-I O O O O rl 0 0 0 0 0 0 0 \ 0 0 0 0 0 0 0 0 0 0-o w 0,0 0 0 0 O > ri ri ri e-1 ri ri e-1 r-I r-1 ri r-1 ri r-1 % i m ri ri ri ri e-1 e-i ri ri ri ri;e-i j ri ri ri r1 C) Jf E m rf`i 0 O { U N , c . o '� ri ) •L co CO Q i O rH 0 00 0 I ON N vi a 0 > _O a, c U rY M Co _v fJ) L L V C Q) 2 C Il 11 H O ^ QJ E O *7.. -0 2 QJ ' ai 0 • Q) QJ L _ i { U +>+ Ln o2S QJ * Li a ac, C L 0 , L1 Q) „," QJ a) c9 1I^� 0 c Y ^ ^ c C ii U _� N To; �. c c v To aJ co o?S 0 v O 0 > aJ ry W 0 Q" v v �? L L v u CL %a QJ Ls_ a) — V , I c' L .- U QJ co Q) Q) L QJ QJ o Q) QJ �QJ W 1`.- U L L L QJ 0 W M O L "• 3 Q) QJ f0 C O C 0 f1 Co f0 0 C) Q) 3 LJ )C i c v, c - cu �? ,. C7 W L aJ v Q) L -0 -IQ U N o C uJ W v 1 t a 0 QJ 0 QJ d cf) c v, QJ v a) L L Q) •- oD a Q1 i 0) C L LL U U U i U QJ c L QJ L C QJ QJ QJ = O c �� N u_ ( f0 Q) '� 0 • Y (7 �O M +_+ - +.. -0 - L -0 N "a '> d 'L .0 4_, N O �. L f QJ L O L f1 rs O f0 'n QJ > co C7 C > co C v, 3 3 C Q. C t cu 'n c0 0 c0 1 c0 ii f1 O .� _ _ cc a v1 N co co O cc Ln a s !•c-{ U •C a •E - •E Q f0 c cts QJ L Q) Q) C L J J c Q) C 2 CO E Co E U — c •c Co > Y .E co L CO t -. E .. To c CO u - , fo'•> > 0. Co c Q) Co 0 fo 'fo Co - f0 c0 fo co co 0 o U Co o Co f0 f0 O L ''c-I co 10 f0 C = G o_ c H fb I--• N 0 U 0 J 0 G J 1- u_ L.L. Co H V J 2 N 1- CO O G G E C) Cl U G LL 0 0 0 0 0 o e 0 0 0 0 0 0 0 0 0 0 4_ ,-, .Q O O O O O O O O O O O O O O O O O 0 0 m O O m 0 0 0 0 0 0 0 0 0 0 0 0 1. N v O O O u1 0 lD 0 0 0 0 0 0 0 0 0 0 0 u1 O '++ 4.+ O M CO M eo U ri(1) Q \ oC � N N N Q I n 'O 0 0 0 O O O 0 O O O O O 0 0 0 O 0 m O m 0 O o 0 0 01 0 0 0 0 0 0 0 0 0 c Ci r•i o 0 o nri o x 0 0 0 0 0 0 0 0 a, u O oo O O rn o cu 0 on In Q V1 \ \ \ o e 0 0 0 0 0 0 0 0 0 0 0 0 -0 O O 0 0 O O 0 O O 0 O O 0 O O O O m O O O 00 O O u1 O 1� O u7 m m l0 1. a1 O ° u O O O Q1 O O r-: O r-: M lD 00 4 M N 00 O c a +r M O 0 O N 0 O 00 0 lD 01 l0 N u) 1� O N r .. ++ C r-I ri r-I r-I '--I e--I ri a Q■ H c In o CO Q 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 M \ \ \ \ \ \ \ m O O O O O O O O O O O O O O O O O c H M O r-1 ul 1, N al 1---- O 01 N N N CO to N U Q CO N m 00 N LO 00 l0 00 N 1N N l0 N N 00 N al _° U. Q O 00 00 N O N lD 1� u1 1� u1 to u1 l0 N v H LL L , O lD l0 u1 Ni N O l0 CO M l0 M M u1 O M al v d in 00 N N 00 N u1 If) N u1 O N N C m 01 N N m LID ri N 00 00 1� O 00 r-I CO 01 o O. 00 Q 1� & O 111 00 00 t-I 1� M u1 O M lA O e1 O `^ a) C > O n M O N L.0 M LO CO 111 to m 0o 00 CC 'O 0. al ri •■ 01 lD r I N O tf1 r1 u1 CO ul O M r-1 ++ C u) 00 a) ui 4 u1 l0 00 t-I 1: O M M O M 1: 0 rq C 3 M ri r-I r1 O CO O M CO al 01 al ri m u) tD N u_ G Cr m r-1 00 (NI r-I r-I r I M CO Cr N u1 N tv E 1— (-4' i w o L V). V). V} i/} V) t/)• ih V} V) if). V) V)• V} i/? V} V} V} a a v) C CC G O Cr M O lD al 00 N N l0 01 O 00 N r-1 00 al LO al 1� l0 1� u•1 if) N l0 - M CO m 00 r'1 a Il G y 01k0 a1 r-I N 111 00 l0 m u) al CO LO N N t-♦ E C C 7 H e-I ri 1: 1: 4 ri O u1 N 1: r-I O LS to r-I N a O O Cp M •t al CO al O O O N N N l0 N l0 l0 M N cu '= H > Cl O u1 l0 M M r-1 r-1 N 111 u1 d- 111 u1 C--- 1--- u1 al cc }r N u1 u1 u1 O N ul t-I 00 N 00 O N al M M u7 u) o 4l w t0 O al r-1 N O ri al co to r-1 c CL . Q N ri u1 N ri ri N lD N ri M t� 0 O `- (5 5 73 .- C - VV O LL a r u M m m m M m N M N m m N N M m M N oN C t-I 1-1 r I r-1 r I r-1 r•i r I r I ri ri ri ri r-I r-1 r I r I O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C c r•I ,, CJ 0 N N N N N N N N N N N N N N N N N \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ a N m e-1 ri r-I ri r I r-i r-I ri r-I r-I ri r-I ri ,-I t-I r-I r-I \ \ \ \ \ \ \ \ \ \ ■ \ \ \ \ ■ \ a m C f p 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 e-1 0 > rI ri e-I rI ri ri rI ri ri ri ri ri ri ri ri rI a 1 a a) E In 10 E a CO v° C .2 N a a m v `o LL 'E- o 0. a ce _a V •L co H C E a LL O 0 W 4) 41 O C U C L aCi LL U 4O L! O N CZ ` c a. L I,.L O_ 06 co L o li C oS 0 L L 0) c 06 CO v au ^ a) C0 " o 0 C a v v (n v u u , c 0) D_ u 0 u• u _u 0$ O 0) O a) u •- r m u a O L O a _u v a1 (� O _1 v v o 0 L. +, L +, L L O aJ c/1 O Y O > uJ ro O (13 O CO UO O C v II pC U a c� et U a O a c (o a E 4-, a E E la T N E 2 fo u IZ (o C L L_ a (o L (o E .. to = O m U (n U V 2 U 2 a mg 2 LL ACTUARIAL DATA This display identifies the actuarial cost funding method,certain assumptions,and experience data for each local retirement plan for the plan year ended on the valuation date shown.For those actuarial reports prepared biennially or triennially,the salary increase experience is the annualized rate for the intervening period. HEADINGS INFORMATION PROVIDED City or District Plan Sponsor(Name of City,Special District,or School Board) TYP SYS Type of Retirement System: • G =General Employees only • P =Police Officers only • F =Firefighters only • PF =Police Officers and Firefighters only • GPF =General Employees,Police Officers and Firefighters • GP =General Employees and Police Officers only • GF =General Employees and Firefighters only • GS =General and Sanitation Employees only • HIS =Health Insurance Subsidy • LG =Lifeguards • CO =Correctional Officers only • ERP =Early Retirement Program Valuation Date The month/day/year on which the financial data in the actuarial valuation is based. Funding Method The actuarial cost funding method may be one of the following: • EAN =Entry Age Normal • FIL =Frozen Initial Liability • AGG =Aggregate • UC =Unit Credit • PUC=Projected Unit Credit • AAN =Attained Age Normal • ILP =Individual Level Premium QOld Plan Does the plan include a"prior"or"closed"plan that employees have opted to remain in which may include different benefit provisions than the plan valued? Plan Yr Ended Date plan year ended of the valuation date shown. Salary Assmp Annual salary increase assumption percent. Salary Actual Actual salary increase percent. Int Assump Annual interest assumption percent. AV Actual Actual interest return percent on the basis of actuarial value of assets. UMV Actual Actual interest return percent on the basis of market value of assets. Pr Gr Assump Annual payroll growth assumption percent for the purpose of financing any Unfunded Actuarial Accrued Liability(UAAL). Retirement Age Assumption YR Assumed retirement age Description Full description of the retirement age and/or service assumption. Comments N Ill O O O N M Tr I.n Lin O O N 'r M N N O M O O Ct un u.n I.n In it) Ill '— ri (Ni C O 4 M N N 4 M N M c'n M• 0 O CNI \ri M ri L 5 0. CA 3 N CL W H a C rn ul u.n 00 00 In In ul r, u.n Lin u.n N Ln In In Lin In I.n In un o0 00 u.n u.n oo u.n O ^ N• N N N uu n N 00 n N t\ lO N 00 r\ N N N 06 a 0 7 w N Q, Q a c 0 O Tr Tr N N N O In VD M N r-1 lD 4 VD N In ri e-1 al N Cl lD m M al M•�' �p `2 O N O r-I l `� •(-Ni M ^ In Il N N M O N N M O N �t e 1 r -1 z N Q U -0 a) f0 C u1 m In lD to 0 N ut lD ri M lD LO lD In lD CPI al In ri N to i ++ O N N Il) N O 1p O Ilj ^ M r-1 US r\ w CI 2" fl. �n �n �n d up W. °[ f0 = N In u Q > U) t a O N M M M M N M N M m M N M M N N M N M M M N M N M M r-1 O 0. L ri ri ri r-I ri ri a-♦ e-I ri r 1 !1 e-1 r 1 r-1 e-♦ e-I ri r-I r-1 r-I r1 ri r-1 e-1 e-I r-1 w O O O O O O O O O O O O O O O O O O O O O O O O O O O N N N N N N N N N N N N N N N N N N N N N N N N N N N :°. CC } w ■ \ \ ■ \ \ \ ■ \ \ \ ■ \ \ \ \ ■ \ \ \ \ \ \ \ ■ \ \ ++ MI O O O ri O O O O ri O O O O O O a-1 O O O O O O 0 0 0 0 0 0 t C C c m M M M M M M M M m m M M M M M M M M M m M M M M m M W r0 LV \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ aw E a Ol Ol Ol rNi 01 01 Ol 01 eNi 01 01 Ol Ol at 01 cNi Ol al 01 01 Cl Cl al Cl Cl al Cl cc a c L_ l''+� E (0 CC ;C O Z Z 0 J Z Z Z Z J 0 Z Z Z J Z Z Z Z Z Z Z Z Z Z Z Z Z a O 4, a a O LT a a a a E L9 a a a LL a a a a a a a a a a a a a cc W W < W W W W Q W W W W W W W W W W W W W W W W 0 0 C O LL G o ,C •- N M M Tr M N M N '� M M N M M N m M N m M m N M N m M ri .� G> > a-I ri r-I ,-I r-I e-1 r I ri ri r-1 r I r-I ri r-r ri r-I r I r I r-I e-I ri ri ri ri r-I ri r-1 0 o. p C O O O O O O O O O O O O O O O O O O O O O O O O O O O O N N N N N N N N N N N N N N N N N N N N N N N N N N N O co \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ ri,C r- r-r r- ri ri ri ri ri ri ri ri ri ri ri r4 ri O ri ri ri ri ri rl r4 ri ri ri c C 'L CO n▪) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ m \ \ \ \ \ \ \ \ \ \ 0 0 0 = 0 O O O ri O O O O ri O O O O O O O \ O O O O O O O O O O LL r1 ri ri ri ri ri r-1 ri ri ri ri ri ri r1 Ol r-I r-i vi ri ri ri r4 ri ri ri v,Li. m m a, 0 co C eN co 'O 0 o V In N 0 0 ra ‘-1 i CD — C 0. a 0 00 Q v 0 rq OO a) LL N N to O O L V 0. m Co cc 01 Z CO a V ^ C L. .L c w c CO CO V' o a1 -0 0 C c▪a en N L v * g- el • _ _ O C p ��( C ^ 0 p cv c N * _ •N 0 V W Ti L CO •O y f^C Q� �� • N Y C d C ii u N .∎ •v V o N C i = = = �p — C _ O1 'ui ai a) ('� +.' ^ N Q) c0 U CE) V LL :ow _ " vii ' O1 cC N 41 QJ O1 Q1 O1 O 0) 0) IJCI) oZS jL L4 i N cue C N N L7 - -Q V' V' N d GJ ,�_ U W 01 _� c U d C p i N L c V' w 0 LL 0) L i 0) '— OD D_ N i fl ; :LL V 41 QJ p c -0 Co i E .0 E Q _c , O1 i 01 t J J O Q _ cp f0 t i Co E cv E V f0 .0 aCi > Y .0 CO ) c>3 1 i E . ro C f0 u c° i- 2 ec a ec F- m F- cn 0 V C) -J 0 ef -J H LL U- -n ~ V c_° 2 cn F- m O LA- N 0 O O O rn O o0 u1 L.n M 0 0 0 Lin O ul O O L.n Cln M N O 4- r-1 C M N 4 M M r-I N O O CV — .0 N N r\-I C. CA CL W N Q C 0o Ol 01 LA LA 00 00 LA 00 00 00 LA 01 CO 00 LA 01 00 00 N N LA N N +r N N N N ni X a c n a c M Cr 1 Tt LP1 ct 00 e e1 00 LA e1 Tt N CT r--- O oo dr M Ol d O E` To N O ui O ^ v' Ti Ti O M M e4 O M (Ni co N N O u1 ,-.1 u1 e-1 p •c f0 V ' c N < U 0 a CO C tD t0 kr) O1 N M CT tD 11l tD ul Ln L n Tr 00 tD 't l0 Tr Tr O 03 �n N tD N LJ'l I� u1 (Ni ^ N e-♦ M r-I ct O C 7. to N ui Lri to e1 cc •L cn _°a, 3 vi O ;•1 Q (n in- t Cr O M N M M N M M M M M M N M N M M N N M M M rI 0 0. L. r-I r-1 e1 e1 r-1 r-I e1 e1 r-I r-1 e1 r-I r-1 e1 e1 ' e1 e1 r-I e1 ri %'1 tv W wv O O O O O O O O O O O O O O O O O O O O O O N N N N N N N N N N N N N N N N N N N N N N ;° CC } a, — ,, • ,, • ,, ,, ,, ,, ,, — 5 ,, — ,, • ,, ,, ++ 13 O O O O O O O O O O O O O O O O O O O O O e--I Y`o C C C M M rn M rn rn M M M M M M M M M M M M M M M M E f0 W O 011 O O1 O\1 011 O\1 al 01 010101010101010101\ • M OO O1 N o�c a c L E W OA 13 C L 47.•fa Z Z Z Z O Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z Z O a °`< < < < < < < < <a c 4.a C CCW W W W W < W W LJJ W W W W W W W W W W W W W 0. 0 Q CO LL G o C • C O N C A O I N C O C A C A M M M N M N M M N N M M M N a) > e-1 r-I e-1 e1 e•-I e1 e1 e I r-i e--1 e1 e1 r-I e-i r-I r-i e-I r-i r-i e-I r-I e1 0 a p C O O O O O O O O O O O O O O O O O O O O O O 0 N N N N N N N N N N N N N N N N N N N N N N 0 N ,a -0 4a +a e-1 r-I r-I e-I r-I• r-1 e--I e• --I 1-1 e1 r-i e1 r-1 e1 e-i r-4 e• r-I• e1 e1 r-I ri C i ••L CO (v \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 O 8 3 0 O O O O O O O O O O O O O O O O O O O O O r-i -a LL r-I e1 e1 ri e I e1 ri ri ri e1 ri ri e1 ri r-I e1 ri ri e1 r-I ri N LL > m M rn N l•1 O 0 m C r9 a 0 E -p o U a) C N 0 CO CO C a a RI v .c 0 LL 0 0_ v re 4.1 a) U O Q •L I- N I (C c O E C W M - U }' CD c a E L o CQ ^ U C LL •.n al c U 0 }+ .O cif 0 '� a oZ ^ L ^ ^ a °�70 a, LL O ii •`L° CC — U OJ C c a CC L1 N ;y U CO t0, N aJ d O aJ C aJ LL U a, 074 •-- • aJ - C c a U C7 N 0 C oZS a . io a s a c 0_ a� .0 cv ' a •- -- w U O •O -- u L a �. W - �O aJ L O .ra CU L7 Ci . a s aJ v, ' 'u. L7 t N n, c LL •a s c U �. U — O C c i OA _ U 0 — a v 0 U 0 m u_ a O .. ° O �^^� , N O O c -0 � V (1) CL f0 O O CO ,■ Y CO •— -' -' u v CC v - a Ln E v 3 - �7 - 3 ° 3 0 CS E .> •> 0 co f0 U L1 fC C L L Q C i_ fc c . C 2 2 0 O V 2 O m V 2 Ln V 2 V 2 2 U 2 2 a = 2, 2 POPULATION DATA This display captures information on the plan's location,both city and county.Also listed is information on the plan's membership,which includes:number of active members,retired members,and vested-terminated members. HEADINGS INFORMATION PROVIDED City or District Plan Sponsor(Name of City,Special District,or School Board) TYP SYS Type of Retirement System: • G =General Employees only • P =Police Officers only • F =Firefighters only • PF =Police Officers and Firefighters only • GPF =General Employees,Police Officers and Firefighters • GP =General Employees and Police Officers only • GF =General Employees and Firefighters only • GS =General and Sanitation Employees only • HIS =Health Insurance Subsidy • LG =Lifeguards • CO =Correctional Officers only • ERP =Early Retirement Program City Population Population of the city in which the plan resides. County Name Name of county in which the plan resides. County Population Population of the county in which the plan resides. Membr Activ Number of active members in the plan. Membr Retrd Number of retirees,and/or beneficiaries. Membr Termd Number of vested-termi►ees. F- COMMENTS D a ^0 N lf1 4_ r-1 O O ci N 0 M N TS 01 (0 N N •t Ol Lf) 0 00 0 00 N 00 N 0 00 r-I N Tr Ol 0l l0 00 N M L a 0 Tr M 0 r-I Lf1 l0 N Lf1 r-1 N M N 0 00 ri CO 00 Li) CU : 1 M Lf1 N N M r-I E E V •E a) d C L C c a) 0 7 L m 0 N N CO 00 r-I CI) O1 M M 01 LO N 00 *' 0 O Ql L!l 01 0 N r-I ri 00 r-I N r-I 0 N a I I I r-I i r-I I r-I i I 1 N r-I i I O a, a1 0 5 2 a) RS cc T L N O N Lf) 01 Tr 00 N Tr 01 lD l0 N O LIl N LI) M N lD N M Ol M N lD O 0 a -0 M l0 a-I 00 a-I 00 r-I 00 CO Lf) ri 00 N 01 01 0 M CO l0 co N Ol Ol r-I ri m v C LJ M 00 1 N r-I CT 0 01 M r-I r-I 01 M N N a-I N LS) r-1 0 O E , ri ri ,4 r-1 a4 e-i r-i ▪ a a iri CO 2 ®c 0 3 N 0. lD ■ 0 01 (.0 Ol r-I 01 N a-I 00 N N CO LC) Lf) 0 0 N Lf1 0 00 N Lf) m N r-1 01 r-I to O a L m 01 LIl LAD r-I N N N N r-I 0 N Tr M 00 00 LI1 Ol l0 Lf) N 01 r-I 0. a a) ' m ix) O Ill 4- N 4- d- m r1 m N Ol 4- m a-I a-I r-I d' N Tr e1 0 f0: E > N N r-I ri r-1 r-I LIl ri r-1 a cc }' O Q aa,, a) E E 2 dJ L N Lf) N 01 r-I N Cr r-1 Lf) Ol m r-1 O1 M N Lfl Lf) m 01 Cr M l0 cr N r-I Lf) 01 cc VI +'' 0 N l0 N O Cr N O Cr) l0 O) N CT) ri N N l0 LID 01 O Ol N lD O N Tr r-I r-I 0 C N LI) I� l0 0 N I� M O L1l N M l0 N N 0 0 al l0 01 N N N N 0 Cr l0 c CD 0) LIl 01 l0 l0 M Ol d' 01 M 00 l0 00 M O O N l0 N 00 Ol 0) M lD O l0 .2 d 4.1 XL' = z a-I if) r-1 d• 00 00 .4 N 0 0) 01 N N 01 00 N N M N 01 N c' 00 00 11) N '^ = U fl. Ct r-I Tr M a-I N r-I r-I r-I r-I a-I r-I a-I CO M r-I N N r-I N r-I '5 O 0 0 rt •N ,N a 0 rNI a) •> o a 0 N c CO co a) 'a •- 0 m •O .L N v CNT O LL LL i7 — co PI •L O. CD 0 N 00 Q LI 0 10 c 0 C o0 0 a)0 N c^ c 'a) >, O a) a)N O - _� a CO CO CO 4■+ a s` i :O ' C O i 2 E = a) C aIn O ^ LL a i 6 ▪ L 7# o 0. a) L N -47:: N ^ ^ cc O C O a i.17 _O v cC a, W L. U L L a) f0 U Vr ii a c`a ,+4+ N * �� a E i.L * C U OZS blD �a - a ^ o� ^ rn Ca L L •O to a) CO a s (.9 E • Y c n' C Ll U U U lJ 0 • a cp CO a 06 �� O a O • O 0 H a L a L — a d a LL a d > c Ur .� a s f0 U co c L v 06 I v aai v v �'0 a a ^ o a) a) �a� i� u_ �o N C >` a Ur 0 (a C O C a 0_ CD f0 ( a a = LE X ^ a C a s _N C -- -0 C7 C� a� a a a) i `. -0 -0 u 4A a c w a i o a ' a i a C L.L C X a `- a 0 a a a s l7 a L? a a a O C V a a 0 v �- a w Y O C7 }, In +, +� -p L -p N > Q a CD 0 cis O m a N CO L7 c vii CD C ca CO CO C CO In c a U CC -a Ce CO t a 3 a 03 a E C t J J o Q co }, t c E coE as E CO f° c c cIi '> Y c E Y `—° r_ -6 E cao c `—° I° `L° •c c a — v 0 • 0 •c 0 G d G I-- m I- 1,/) 1J U D J G co I-CCI LO L L co I- U co J = N H m O G V i 0 .O co J Q G D LL • N Ln 4_ r-1 O O N N O m \ . N • 'C 01 r-I 1■ Tr LD N N M 0 01 M lD r-I Ln 1 O N Ln 0 m I- CU • •lD! 00 e-I Ol r I N r-I ri i r-I i lD LD CU +-• L rI j u E •E v a1 a C a c C o H 1 H I L lD: al O al al Cr) 0 N M N j j M 111 Q1 N Cl. Ln ri 00 I In r-I I r-I N N Ln! I I LI1 N Cr 4-C 0 o ri l Ln U oC a, CC CO ? >. CO ti -0 LA i 0 0 LSD r-1 N N 00 M Ll1 01 CO 0 ri l0 I 0 Tr 00 00 M Cr) LD -0 Ln' lD Ol N N O m Ol 1, to N LID 01 M 1 01 I LD r-I Tr N N ai C .0 ) 0 Ln N 00 N 0 Tr ri 00 LD� 00 m N N ri 8 O £ a-I N N i N - aJ aJ I 'CA- R, • z � m I 0 d''i LID O 1� LC) 01 M r-1 CO 00 00 00 Ln N .00 Ln ti) d' 00 1■ O N vi L d L r-I'� m LO O M 00 Cr) r-I 00 N 00 LL) LD N Ln lD r-I 111 1� LI1 fl. aJ O O r-1 ri I� N ri M N N N ri r-I ri 111 111 N M r-I e1 r-I I. ri r-I ! N d cc E 4-+ i j aJ U , c 2 Q E E L a c 00 01 01 01 N Lf1 r-I 01 N Ql 01 LI11001 N Lf in in m N cc of - O d-i 01 01 LCD N r-1 .1' LO N 0 01 e-I LD M! N N M LD M 01 N o C CC f� .— 00 Ln Ln O N Tr 0 0 N N 01 LO 0 01100 Lf1 Is, 01 Ln 01 01 1� c >• 7; O M M r-1 01 O US' ri 01 01 N lD c-I M O; 00 Ol M Ln M N 01 c IZ 0 C= = 01 Ol 01 LD a-1 Ln 00 LD a-I cr N N l0 '01 d- ri d- Ln at co r-i .N C C U IZ 1 r-1 N ri d- N r-I ri e1 r-1 i ri ri e-i 00 O O 0 in ' ; a C ul I o ti p 1 1 0 I I ra ca 7 L I m • •L LL ` 1 LL i Lo . 1 j I a 0 1 � E C 1 O 1 I c o a) ) CO , I v MI }, j t.) o i • LL L / V) I I I 0 C 0 1 cc O j� �, a) c L i+ O j U U- co U i +� �,o N OAS a, ^ Q I O m j U_10L_ 0zi i c0 E L 0 ro U- C ^ o — o "Li aJ U O ^ cs0 I D� c0 i aJ --j N i c0 i- O 0 N CO L c i j— U cu N v 'U 'u C c U 0 c N N ^ U 0" to O ^ ^ O O i N a U - --. •— , v �/ C O O u O��IV O O " d c 73; O U , O i c _ 4J 0 U �. •u 0 c d C CL v CO% 'a0 N v CO; 0) ' c0 O 0- O To O N - CO O a cu 1 O i 0 4, s.. Ur ++ i s.. L O I CO N• Q Y O .> _ 00 L.L. C1 O �- O CO 0 .--- aJ O- c0 O O -- -; u -o CC u a. In E u 3 – L7 3 0 3 CO 0 - > cu'> Q co f0 U Q co C - i Q = co i i co E - CO c .e! CO CO CO O m° co Ln 0 CO =' iu = a = A O • J Qc G D 2 Ll FUNDING PROGRESS(GASB 25 BASIS) HEADINGS INFORMATION PROVIDED City or District Plan Sponsor(Name of City,Special District,or School Board) TYP SYS Type of Retirement System: • G =General Employees only • P =Police Officers only • F =Firefighters only • PF =Police Officers and Firefighters only • GPF =General Employees,Police Officers and Firefighters • • GP =General Employees and Police Officers only • GF =General Employees and Firefighters only • GS =General and Sanitation Employees only • HIS =Health Insurance Subsidy • LG =Lifeguards U) • CO =Correctional Officers only • ERP =Early Retirement Program Valuation Date The month/day/year on which the financial data in the actuarial valuation is based. CO Funding Method The actuarial cost funding method may be one of the following: • EAN =Entry Age Normal • FIL =Frozen Initial Liability • AGG =Aggregate • UC =Unit Credit • PUC=Projected Unit Credit • • AAN =Attained Age Normal '�^^ • ILP =Individual Level Premium vJJ� Total Assets The actuarial value of assets(not necessarily the market value). VJ W AAL Actuarial Accrued Liability UAAL Unfunded Actuarial Accrued Liability ® Funded Ratio Pct Total Assets_AAL=Funded Ratio Pct Covered Payroll Payroll on which benefits are based 0_ UAAL As Pct of Covd Pay AAL—Total Assets_Covered Payroll V Comments 0 I z • N LA a) •O O O M m i N lD lD Ol M e-1 I00 .-I N� \ C > l0 O tf) tD lD 00 c.:411. O O Oo n LA LA• N LA N N ^ m 0 W 00• l^D LA TY 01 W Ol 00 LD N N N N W M L V d LA N 01 N� aNi lilt r.,1 00 111 01 M N lD N M N N e-i M M N a--I N M O M N N = a o C Co lD 00 .--I O O M Ol d- Ol Lfl N Ol O N Lfl Ol O tD 00 O LA lD .--I M N N W M N Lfl LD .--I N 00 00 O N LA LA 00 Ol 00 M O N Ol N 00 Lfi c• N O LA M lD O i 00 LD M 0 .-1 O �. ' O 01 .--I M O N �T .--1 .--I N N M M O W N LA LA N 00 .--I M O .--I O M 01 I M Ol N oo O oo LD N CO Ln 4 cf5 .4 N N d 4 4 Lfi ct r\ Tr CD O N Tr. O N N 00 M LD LD 101 lD 4 L)1 N Lfl N: O 0. lD LA M 00 Ol lD 00 Lr O Ol N O N a 1 i-I N O Lfl lD Ql 00 00 lD 00 N N l!1 .-I .4. 0 .* N M N M O N LA 00 Ol N Ol O N 00 00 N M N O N Ol M O r-I .--I Tr LD a1 I Lfl N 01 N M M M LJ M 4 00 00 Ol M 4 ni. .-i 4 4 00 N 00 n M LD .4 N N .--1' N 4 O O I M .--1 M M N o0 Ol 4 L,D O N N M lD c N .-1 00 N .-i N L•D Lfl 00 Ol .-i a-i lD M a-i a-1,lD .-1 a-1 M 00 .' N .-1 lD > .-4 N 1 O V} V} V} ih V} V} V} V} V} V} V} V} V} V} V} i/} .V/} V} t/} VI. V} V} VI. if} V} t/} V}I V}1 th V} V} V} t/} V} V} V} U I a co Cam) O 4, o o En 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 as o o 0, as o 0, 0, 0 \I\ o as 0 0 0 0 0 •O :pc O 00 LA M .-I N N N et N N� M .--1 00 LA N LA O N LD N LA N 101 E N N M N O N M h r-1 01 4 LA N 4 M M N N M .--I LA LA O N N lD M Ol N� N 00 M lD I N�I LA Ol M N O M M 4 L L• ae d 0 W O) Ol oo Ol 00 lD Ol 00 00 00 N o0 00 C11 Ol LD CIl 00 N� L,D 00 00 lD 00 LA I lO l.D N lD N 00 N� N LD a I 71 S0 M I N N O . D V N 0O O N M -i M O0 M .10 fM O N LfN N O 0 M 0 M ON M D o co N o lD N O N •f N M N N� lD Ol O N O O CO l.D N� 00 Tr O O L.D M I ct M - NN M Ol N 0 N M CO O M a••1 N N: 00 Ol 00 M N: d M LA LD N Ol N: N: 00 rr O O O Ol 00 4'14 N N N M .21' M O J W N M M N d' 00 M N .-I 00 N O N LD Ol .-I M M L.D M Oo o Ol LA Ol Ol 00 N Tr N M N .-1 Ol IA a N Lfl N N 01 LA N 01 0 00 01 N M 01 01 Lfi LD Ol N LA 111 .-1 01,00 1 LD N N N O Ol M N < lD 00 v M N: N LD N LD L D M o0 N lD N LD N Lf1 Cf N- M N: LD M .4 O Ol 00+4 LA r- Ol Ol lD 4 01 8. H D .-i N lD .• Lfl O M N .-I M M LA Q-1 N� M N M .--I lD M`O I N N 00 NN 01 Ol M O Q � � a c? I o O V} V} V} V} V} V} V} V} V} V} Q• V} V} V} V} V} tf} V} V} V} V} V} V} t/} V} V} ii}IV} V} V} V} V} V} V} V} V} 5 N 00 Ol N Ol N O Ol Lf) LA .-I LA O Ol M O 00 N� lD .O 01 01 o Lfi LD Ol e•-I N o M LA N 00 .-I N C' s.Oa L.D M 00 Ol N O N 111 00 tD N M O N M Lfl lD Ol N N O O N 00 .O N M LD N LA Ol N a. o O 00 N LD lD LD O N 01 N N Lfl M a-I 00 O M M Ol Lfl Tt N N O O lD Lfl lD'N j M M M N oo M Ol N U d O N Ol oo M lD O .-1 Ol 01 R 4 LD 00 LD O LO 4 .4 Lfi Ol fv) 06 .-1 .-1 M o0 N� Ol M M O Ol LD c•-1' .-1 0 O 00 .-1 O LA N N M O o0 M r-1 Ol .f' 00 0 LD .--I N M N 00 ai lD M L.D O M M N M N LA 00 .-1 a 90 J N W M LD N O Ln 01 - Ol N M lD 00 .-1 111 N 00 Ol Ol N M ai 01 Ol M N 01 N o O d. Lfl a I Ol CU C 7 re "15 < lD . cM O o0 4 Lfl 4 00 O N 00 O N LA 4 M � 4 LD LD N 01 .i 00 lD r Lfl Lfl .-I O N N, 00 O N 00 a-I 00 00 Lfl Lfl N. M a LA N M N Ol M LD Ol I N N M N .--1 LD M lD o cc r C ai tip i 00 M 00 LA N N N Lfl Ol ei N M ei M L D a1 N LA LA M ei 00 a C) LL N E E V} V} i/). V} V} V} V} V} V} i/} t!f in. V} V} V} V} V} V} V} t/} V} V} V} t/} t/} t/} VV- (/)- t/} V} t/} V} V} V} i/} .o i l ++ Ol .--1 0 0 0 00 0 00 N M M lD O o 0 M lO M a-1 lD M M O o0 O lD .--1; a-1 .--1 00 N LA O .-I o = a) .--I lD O N O O N lD O N M .--1 N O lD 00 N lD N N LA Oo o M LA o0 L- (LD O N 0 lD LD lD 0 COW r ' LA N O 01 O LA Lh O N N LA Ol O lD N 01 N 00 Lfl M Lfl O Lfl Ol N i N i Ol 01 LA Ol 01 L0 00 Lfi M N al d L D Lt 00 O N .4 LD Ol Ol N .4 d N- r R ra LD LA N N� .4 N 4 N I L,D d LA LD N� r1 00 O .a C o0 LD N N O lD .-I 00 N .--1 .-I cr LD 01 N Ol Lfl M M LD 0 O 0 LA I a-1 I lD 00 LA O LA c N OC H N M M LA o0 Ol d. .-I Ol 00 .-I M 00 .-I Ol LIl M .a O N .-1 LD cr N M 101 N Ol N LD N M .-1 Lfl o O Q M M N O .4 00 a--1 N. M C l .4 M Ol 00 Ol 00 Ol lD 4 N� O Ol LA M N I O I N N O M N LA 00 1D 0 Vi , M .-I Ol LA M .-I lD N M 00 N lD N .-I a-I .1 a I a-I 01 O M LA N O LA i Ch, Ol Lfl .-I lD Ol LA W y 0 .-I LA .-I 00 M N N ai N N LA LA Ol LA M .-i M Tr i r-1 r-I ct N LA c o I- a-1 i . E t/} th in. V} t/} V} t/} V} V} V} V} V} V} V} V} V} i/} t/} V} t/} V} V} t/} V} V} tf} t!} V}i t/} t/} tR V} t/} t/} ih V} v 73 L I O C O ' v s i Z Z C7 JZ Z Z Z JU Z Z Z JZ Z Z Z 2 Z Z Z Z Z Z Z Z'Z;Z Z Z 7 Z Z Z Z a :5 ..c aaw _ aaaa _ oaaa _ a a a a a a a a a a a aaaaaaoaaaa o r•1 C a w w a w w w w a w w w LL) w w w w w w LL) w w w w w I w I LL) w w a w w w w ., N 0 2 E o O M I N Tr O N M M N N M N M M N M M N � M M N M M M M ., 0 C .-i a-i ai a-•I .-I a--I a-I a"I a--I a--I ai a-I a I a-.1 .-I a-I .-I a I .'-I a-i ai a-I a I ."I ai .--i ai ai,N.--I N.-1 ."I a-I a1 .-I Na-I N a-- ry M W �0+ O 0 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00000'0I00000000 co f0 O ri a—i a-i ai a1 a-I ai a-1 .-i a—I 4-1 a I a—I .-i .-i ai 0 ,• -1 ai a� a-i a-i a-1 a I .i .-i a i .i a-i • ai• .i .▪ -i ai 4.-1• ai N CD 0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ M \ \ \ \ \ \ \ \ \ \1\,\ TO 0 0 0 a-1 0 0 0 0 a-1 0 0 0 0 0 0 0 \ 0 0 0 0 0 0 0 0 0 0 0 0 0• 0• 0• 0 0 0• 0 • .-i .-I .--I a-•1 ai a•-I a-I a-1 .-i a•-I a I a•-I a-4 a I O1 a•-1 a-i a-i a-i ai a-i ..-I ai a•-I a-I I a-1,.-I .-I .-i a•-I ai a.I a-I a-I CO v 1 N d a_ 0 O 0 H N c N I c 0 ai w a L m a -o 0 O "d I % 0 0 O 0 N O u cc M O n co v ✓ a L L I -- C _0 0 m 0▪ O -' ^ u a a 3 o -0 m a m (-7 I1I o L co 4) a L 0) * 0 m _ _ O O w C a 0 a �° I _ o ✓ f6 V 0 0w a L V LL C) O c VI iF a E LL * C 1 0 d U o�S f0 _v a o., ^ olf _ 0 a *' c 76 C L p i m C) G) 0 I E r o• (2) a i ._ ^ C 0 C jr. U a V V O •ro 1 C c C a m m a o2f O N tLo O O > J v i 1 21 cc,a U a L L 0 . m 2 -- a C7 a ii a a s j '- LL a a ^ c c to c c o�S `L° .� eL° .- - ,. a on a u a - .v °�06 L^ c , w (9 C9 a s —a c o C a a co �o L7 a - •" v 2 LL X -27.1_1';l a u a O , r, a �. „ -- L a d a L "O 'O u H O C -- w a a C7 u - d o x a v 0 v a c a C7 11 v v v .O aco a a o LL LL! !a u -- .- 0 -' _ a _ --I a _ To o v o �o 0 • Y C7 0 v) a > o L -° 7-> o c ., = > > a a '" a) a O c`° m ii ao O a o m o - co E cr° E u m .0 •C f° > _ .. `L° _ r° L t Y E-- To —Y r° .w �O u m 2,. m > > a co m u a co c a m O i° m m ,„(0'- m m m m m O O m m O e° i° m O �- C 1'cc-' m m m k- 0M - = d C ~ m m U U 0 J 0 C J I— LL_ u- ---, H U J Z N H 00 O G G 1 0 0 U G O m U G - N Lf1 W 10 1 4- ri H OD y i O O fO CO L • Ln M Ln M Ln 4 a1 N NI J C > CO m 4 Ln O N m 1 LLnn m O r^i Tr N cc0 O Q i V a . M CO lD Ln cm N. M r-I N. d O j = N N N 00 CO 00 M N LIl N ri d- N L 01 M M O1 .-I .-I CO M CO Lll M N. Lfl N M O lD 00 N,N O1 O a1 O .-1 01 CO Ln n N N ri M 00 N 00 00 N Ln a O 00 N Ln ri co:Ln Ln N 0o l0 N m -p 00 O1 00 co .-1 I N ri M Ln Ln Ol O1 m - i M m N N Q1 j Ol N m N M O Ql .-I .--I a--1 .-i N m M .--I N .--I m > .i O 0 in• tn• in• •n• tf} tn.,t/} IA- ih t/). 1./1• in• 4/1- 0J C) O r o 0 0 0 0 0 0 0 0 0 ° o 0 -0 0 N 00 CO ■-i N O Ln m O l0 N m N C � w N lD 4 N ca;a1 ri lD l0 M O N O1 L.L. Ol co In co co co Ln L11 Ll1 co rNi m N a N N N Ln N j N'lo N Ln O Ln 00 O -i Ln m 01 CD Ln Ln m M lD 0 CO 0 Tr 00 00 co',-1!co m 00 .-i Ln O m ,ca Ln N N N Ln i 0o O1 mi. O lD Ln 00 cr N M 00 CO O HD O in 4 N. Ln Of N Q O N O m Ln O I m al M N N cr Ln < r- ri OD Ol Ol;N m .-I O N o0 00 ri m N ri co lD In .-1 N N .--I Owl (0 v Q e-1 a I c C7 o N in• in• in- i/l• t/. 1.4 V} i/? i/} t/? 'L/) i/} t/} in 0 Ln O1 M N Ln!0 J m N .-I .-I N M 01 0 OG N 0 .--1 0 r I Ln I 01 a1 N. Ln a1 00 I\ 0 M 0 00 0 N;m 1 m Ln N N. 0 l0 U t L.: lD N O lD N r-I 00 Ol N r-I O �_ o .-I Ln ri 4 N m CD N. 0 0 N CO `� J N O M N 1.1 4 l Ln M m 01 .--I O G) C Q LT n l0 00 O t\I M .--I 4 lD N al Ol r\ v cc cc '5 < .-i 00 N Lll CO ■0 O1 M N > ++ C N r I .--I .-i M 0 Ln N Ln N CID C 3 1 1 Ni 0 N LL j w Ein. /} in i i in- i i/).in-;in in. in. t/? in• in in. t L U) ++ 00 N co N CO i CO N Ln CO .-i N Ln 01 `-' C 4J 0 Ln N rl '01,m M N Ln N .-i 0 CO r m Ln 01 r 1 Ln:ri:N N Tr l0 CO CD .-4 ip d w W .-I' Ol r 00 ry i l0!Ln Ln 4- Ol 00 lD N 6 C O H N I,- N Ln O,N N Ln N l0 4 O1 N O C Q CO N N 00 O1 1 T r-I 4 O ri co l0 O1 t O O O O N r-I'00 N lD Ln N O L11 0 N a co O N N 0 .--I'Ln:Ln CD d- 00 CO cc C '� O N .-I ri N l0 N ri m N Ol 0 E fa m in. IA IA- tn• tn.1 1/-1 t/? tn• i/? i/} tn. 1/? 4/? v O O 00 `0 ' LL LL C = Z Z Z Z Z Z Z Z Z Z Z Z U O � 4. < < < < .CZH < < < < < < D 0 OC d LL LL LL LL LL'LL LL LL LL LL LL LL 0_ .L^ N iJ: 0 c ll ~ C C m M N M N n(m N N m m cn N (--1 .'--I .-1 ri ..-1-,r-1 i,--1 .-i .-1 .--1 .-i ri .-i ON -0 0 0 0 0 0 0 0;0 0 0 0 0 0 0 0 U) (5 r \ \ \ \ \:\!\ \ N \ \ N \ W co To -I ri ri ri ri ri ri r-I ri r I ri ri e-1 CO 0 \ \ \ \ \i\'\ — \ \ \ \ \ m To o 0 0 0 0 0 0 O O co O O ri m > ri ri ri ri .-i i r-I I.-i ri ri ri ri ri v I! co a E U C 2 C G1 a m 70 0 O a cc 4+ a u 12 •L^ � co +r O. ' c E 0 • LL 0 U L 47, " U i U V • !v i QS L o d i j O_ d 06 o2S = 06 C v LL Vii.-I, C CZ 2 c v a u L7 LD v 4J C I a� a) 0) U N •— •= C � eL N c O N v d v c O. 4 ,_ d o , co p -O 'o wO, CU 0 05 co cu 0. co O O,mI O 0 0 0 co E Q N I f 0 l�_0 E - Y .cra m x to O al O '-f 0 O 0i O Ln U U 2,� U 2 a 2 a INVENTORY OF MUNICIPALITIES This display is a listing of municipalities and the type of retirement plan alternatives they may offer their employees. Abbreviation Key ABBREVIATION DESCRIPTION E Elected officials F Firefighters G General employees P Police officers (cl) Closed plan (fr) Frozen plan CO (ter) Terminated plan W (vol) Covers volunteer employees (sal) Covers salaried employees (sup) Supplemental plan DB Defined Benefit DC Defined Contribution ®- FRS* Florida Retirement System SS Social Security z cvg Coverage The following numbers are used in the OTHER category: NUMBER DESCRIPTION ®LL 1 ICMA— Executive Program through International City Managers Association E 2 Deferred compensation plan. ® 3 IRA and/or SEP (Simplified Employee Pension Plan) �— p Z account. 4 Opted-out of the FRS effective 12-31-95 for all new employees. Persons employed by this agency z on or after Jan. 1, 1996, will not be eligible to participate in the FRS and must participate in the agency's local plan. 5 Newly created city. Will be surveyed in the future for retirement plan findings. * All FRS members have Social Security Coverage. 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