| Required Supplementary Information | ||||||||
| Schedules of Funding Progress | ||||||||
| (Expressed in Millions) | ||||||||
| (a) | (b) | (b-a) | (a/b) | (c) | ((b-a)/c) | |||
|---|---|---|---|---|---|---|---|---|
|
Actuarial Valuation Date |
Actuarial Value of Assets |
Actuarial Accrued Liability (AAL) |
Unfunded AAL (UAAL) |
Funded Ratio |
Covered Payroll |
UAAL as a Percentage of Covered Payroll |
||
| Database Results Error The database connection named 'general' is undefined. This problem can occur if: * the connection has been removed from the web * the file 'global.asa' is missing or contains errors * the root folder does not have Scripting permissions enabled * the web is not marked as an Application Root | ||||||||
| *No actuarial valuations were performed as of June 30, 1999. | ||||||||
| Database Results Error The database connection named 'general' is undefined. This problem can occur if: * the connection has been removed from the web * the file 'global.asa' is missing or contains errors * the root folder does not have Scripting permissions enabled * the web is not marked as an Application Root | ||||||||
| *No actuarial valuations were performed as of June 30, 1999, 2001 and 2003 | ||||||||
| Database Results Error The database connection named 'general' is undefined. This problem can occur if: * the connection has been removed from the web * the file 'global.asa' is missing or contains errors * the root folder does not have Scripting permissions enabled * the web is not marked as an Application Root | ||||||||
PJRS
For the Probate Judges Retirement System because the UAAL is zero, the actuarial cost method becomes the aggregate cost method and a schedule of funding progress is not required.