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34
<br /> 1 Slide #13
<br /> GASB 74/75 - Collective Results
<br /> Sers-ice Coat 54,123,41O
<br /> Interest Coat 4,636,9951
<br /> Current-peri.d bcncFit changes 0
<br /> Expensed portion
<br /> of current-period difference between expes.ted and acsuat experience (2,979,022)
<br /> Expend portion ofcurrent•period difference between changes of assumptions (71,080)
<br /> Active member tion tributions 0
<br /> Projected earnings on plan investments (25,412)
<br /> Expensed portion of current-period differences between actual and projected earnings 1,342
<br /> Admi niatrative Coats 0
<br /> Other 4
<br /> Rccagnition of beginning Deferred Outflows 8,970067
<br /> Recognition of beginning Deferred Inflows (7,376,508)
<br /> O PED ExpenwJO ncomet 57,291,.267
<br /> 2
<br /> 3
<br /> 4 Slide #14
<br /> (Gain)/Loss Analysis fromto 2023
<br /> Di—t Rate 3,3544 3.34k 2.1444 2.2144 3.50%9 3.8944 3.37%
<br /> Tm.1OPER L"91,y90L3 3129.4.2,422 $132.737,908 15361874,726 51,17,4M.5401 $107,034,636 $96,297,986 546,763,794
<br /> FFitluciary NKt Nitian dTNP1 301.735 1 363,833 I 429.764 3M,3!?611 263.778 234,919
<br /> N"OPEELL61llq•ENOL=TUL-FNP) 5129,541,197 $132.37-1,775 1 $161,444,960 I 5137,149.344 SINUM6951 $45.424,198 $46.503.866
<br /> Pss,m,pti— fS410,645: f$34J22,4291 f15.075.9571 $26,272,774 1 34,841,423 1 45.125,557; (,39,448,994:
<br /> Actusl-Up-d&pGf[- :$16,534,969: ;3709,451)1 323,633,941 1 (5804,5631` {57437061 $574,$20 $0
<br /> Plan 1—tr..t, $,6,714 1 $96,817 1 ($304,164) 57,792 I 32,9741 1534.864' $4
<br /> > Primary drivers of the Assumption (gainVloss are discount rate changes and
<br /> demographic assumption changes. Demographic assumptions were based on the
<br /> 101/2010 through 12/31/2014 LC;E16 hoard experience study prior to 6/30/2021 and
<br /> the 10102015 through 1213112019 LEERS experience study starting with the
<br /> 613012021 report.
<br /> ➢ Primary drivers of the Actual vs. Expected Experience (gain)fios.s are demographic
<br /> changes,premium changcs, and b-ncfit payment differences.
<br /> > flan Investments are relatively stable except for large gain in 2021 and large loss in
<br /> 2022.
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