| Plan Membership |
As of January 1, 2018 |
| Covered Payroll |
$414,454,785 |
| Average Pay per Active Member |
$36,040 |
| Actuarially Determined Contribution (ADC) |
|
| Unfunded Actuarial Accrued Liability (UAAL) |
$199,671,571 |
| Amortization of UAAL, with interest to mid-year |
$19,488,197 |
| Normal Cost, with interest to mid-year |
$23,547,569 |
| Reduction in Normal Cost for Member Contributions |
$14,768,333 |
| Annual Required Contributions
|
$28,267,433
|
| as a percent of payroll |
6.82% |
| Plan Assets |
|
| Actuarial Value |
$507,132,934 |
| Market Value |
$509,530,207 |
| Funded Status |
|
| Entry Age Normal Actuarial Accrued Liability
|
$706,804,505 |
Funded Ratios
| Funded Percentage on Actuarial Value of Assets |
| Funded Percentage on Market Value of Assets |
|
|
