Orange County NC Website
SCHEDULE A <br />(continued) <br />The information presented in the required supplementary schedules was determined as part of the <br />actuarial valuation at December 31, 2005. Additional information as of the latest actuarial <br />valuation follows. <br />Valuation date <br />Actuarial cost method <br />Amortization method <br />Remaining amortization period <br />Asset valuation method <br />Actuarial assumptions: <br />Investment Rate of Return* <br />Medical cost trend rate <br />Year of Ultimate trend rate <br />*Includes inflation at <br />12/31/2005 <br />Projected unit credit <br />Level percent of pay, open <br />30 years <br />Market Value of Assets <br />4.00% <br />12.00% - 6.00% <br />2010 <br />3.75% <br />The assumed investment rate of return reflects the fact that no assets are set aside within Orange <br />County that are legally held exclusively for retiree health benefits. If a trust or equivalent <br />arrangement were set up for this purpose, the investment rate of return can be increased. <br />