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Agenda - 04-19-2007-1
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Agenda - 04-19-2007-1
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Last modified
4/23/2013 9:13:50 AM
Creation date
8/28/2008 11:37:08 AM
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BOCC
Date
4/19/2007
Document Type
Agenda
Agenda Item
1
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Minutes - 20070419
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\Board of County Commissioners\Minutes - Approved\2000's\2007
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AA+ mer* <br />SCHEDULE A <br />THE HEALTH CARE PLAN OF ORANGE COUNTY <br />RESULTS OF DECEMBER 31, 2005 ACTUARIAL VALUATION <br />MEMBERSHIP <br />Active Members <br />Law Enforcement Officers <br />Number 99 <br />Annual Compensation $ 4,096,185 <br />Firefighters <br />Number 3 <br />Annual Compensation $ 122,801 <br />General Employees <br />Number 744 <br />Annual Compensation $ 28,695,406 <br />Retired Members <br />Number 166 <br />VALUATION BALANCE SHEET <br />Accrued Actuarial Liabilities <br />Present value of benefits (based on credited service to date) payable <br />in respect of. <br />(1) Present retired members and beneficiaries $ 24,792,360 <br />(2) Present active members 59,748,465 <br />(3) Total accrued actuarial liabilities [(1)+(2)] $ 84,540,825 <br />Present and Prospective Assets <br />(4) Present assets $ 0 <br />(5) Present value of future accrued liability -contributions <br />(Unfunded accrued liability) [(3)-(4)] 84,540,825 <br />(6) Total present and prospective assets $ 84,540,825 <br />
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