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Required Supplementary Information Schedules of Funding Progress |
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| (Expressed in Millions) | |||||||
|---|---|---|---|---|---|---|---|
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Actuarial Valuation Date |
(a) Actuarial Value of Assets |
(b) Actuarial Accrued Liability (AAL) |
(b-a) Unfunded AAL (UAAL) |
(a/b) Funded Ratio |
(c) Covered Payroll |
((b-a)/c) UAAL as a Percentage of Covered Payroll |
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| No records returned. | |||||||
| <%=FP_FieldVal(fp_rs,"date")%> | <%=FP_FieldVal(fp_rs,"asterisk")%> | <%=FP_FieldVal(fp_rs,"assets")%> | <%=FP_FieldVal(fp_rs,"aal")%> | <%=FP_FieldVal(fp_rs,"uaal")%> | <%=FP_FieldVal(fp_rs,"ratio")%> | <%=FP_FieldVal(fp_rs,"payroll")%> | <%=FP_FieldVal(fp_rs,"percentage")%> |
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.