Page 100 - Microsoft Word - 2011 CAFR.doc

Basic HTML Version

COMPREHENSIVE ANNUAL FINANCIAL REPORT
ESCAMBIA COUNTY, FLORIDA 
NOTES TO COMBINED FINANCIAL STATEMENTS  
SEPTEMBER 30, 2011 
71 
Escambia County, Florida 
Other Postemployment Benefit Plan 
Schedule of Funding Progress 
Unfunded
UAAL as a
Actuarial
Actuarial
Actuarial
Actuarial
Percentage of
Valuation
Value
Liabilities
Liabilities
Funded
Covered
Covered
Date
of Assets
(AAL)
(1)
(UAAL)
(2)
Ratio
Payroll
Payroll
October 1, 2008
$0
$37,568,452
$37,568,452
0%
$122,831,848
30.59%
October 1, 2009
$0
$16,833,857
$16,833,857
0%
$122,240,559
13.77%
October 1, 2010
$0
$16,828,484
$16,828,484
0%
$125,232,864
13.44%
(1)
  Actuarial liability determined under the unit credit cost method.
(2)
  Actuarial liability less actuarial value of assets, if any.