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Schedule A-2 <br />ORANGE COUNTY, NORTH CAROLINA <br />HEALTH CARE BENEFITS PLAN <br />REQURIED SUPPLEMENTARY INFORMATION <br />FOR THE YEAR ENDED JUNE 30, 2012 <br />Schedule of Funding Progress <br />Actuarial <br />AccruedUAAL as a <br />ActuarialLiability (AAL)-UnfundedPercentage of <br />ActuarialValue of Projected UnitAALFundedCoveredCovered <br />ValuationAssetsCredit (UAAL)RatioPayrollPayroll <br />Date(a)(b)(b - a)(a/b)(c)((b-a)/c) <br />12/31/2005$ -$ 84,540,825$ 84,540,8250.00%$ 32,914,392256.9% <br />12/31/2007-54,382,27754,382,2770.00%37,345,503145.6% <br />12/31/2009-58,020,67458,020,6740.00%37,996,740152.7% <br />12/31/2010-62,803,09462,803,0940.00%38,421,649163.5% <br />12/31/2011-63,716,14263,716,1420.00%38,572,921165.2% <br />Schedule of Employer Contributions <br />Annual <br />Percentage <br />Required <br />Year Endedof ARC <br />Contribution <br />June 30(ARC)Contributed <br />$ 5,374,42932.14% <br />2012 <br />5,075,37137.52% <br />2011 <br />20105,301,17121.24% <br />20095,109,56219.67% <br />20088,829,7049.57% <br />Notes to the Required Schedules: <br />The information presented above was determined as part of the actuarial valuation at the dates indicated. <br />Additional information as of the latest valuation follows: <br />Valuation date12/31/2011 <br />Actuarial cost methodProjected unit credit <br />Amortization methodLevel percentage of pay, open <br />Remaining amortization period30 years <br />Asset valuation methodMarket value of assets <br />Actuarial assumptions: <br />Investment rate of return *4.00%* Includes inflation at 3.00% <br />Medical cost trend rate <br /> Pre-Medicare trend rate9.50%-5.00% <br /> Post-Medicare trend rate7.00%-5.00% <br />Year of Ultimate trend rate2018 <br />72 <br /> <br />