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| Required Supplementary Information | ||||||
| Schedules of Funding Progress | ||||||
| (Expressed in Millions) | ||||||
| (a) | (b) | (b-a) | (a/b) | (c) | ((b-a)/c) | |
|---|---|---|---|---|---|---|
| Actuarial | Actuarial | Unfunded |
UAAL as a |
|||
| Valuation |
Value of |
Actuarial Accrued |
AAL | Funded | Covered |
Percentage of |
| Date | Assets |
Liability (AAL) |
(UAAL) | Ratio | Payroll |
Covered Payroll |
| No records returned. | ||||||
| <%=FP_FieldVal(fp_rs,"labels")%> | <%=FP_FieldVal(fp_rs,"assets")%> | <%=FP_FieldVal(fp_rs,"liability")%> | <%=FP_FieldVal(fp_rs,"unfunded")%> | <%=FP_FieldVal(fp_rs,"funded")%> | <%=FP_FieldVal(fp_rs,"covered")%> | <%=FP_FieldVal(fp_rs,"uaalpct")%> |
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.