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CITY 4F S4UTH BEND
<br />REQUIRED SUPPLEMENTARY lNF4RMATI~N
<br />Schedules of Fundin Pro ress
<br />Public Employees' Retirement Fund
<br /> Excess
<br /> Actuarial AAL As a
<br /> Actuarial Accrued Excess 0f Percentage
<br />Actuarial Value 4f Liability Assets wer Funded Covered Qf Covered
<br />Valuation Assets ~AAL} AAL Ratio Payroll Payroll
<br />Date ~a} ~ ~b~ a-b alb c a-b Ic
<br />
<br />07-01-99 $ 25,691, 905 $ 20,155, 796 $ 5, 536,109 127°/0 $ 20,191, 064 27%
<br />07-01-00 27, 569,258 21, 951,844 5,617,414 126% 21,4fi0,673 2fi°/o
<br />07-01-01 28,925,292 24,048,347 4,876,945 120°/° 22,063,109 22°/0
<br />1925 Police Pension Plan
<br /> Unfunded
<br /> Actuarial AAL As A
<br /> Actuarial Accrued Percentage
<br />Actuarial Value 0f Liability Unfunded Funded Covered Qf Covered
<br />Valuation Assets ~AAL} AAL Ratio Payroll Payroll
<br />Date a b a-b alb c a-b Ic
<br />
<br />01-01-96 $ 1,435,360 ~ $ 1,984,250
<br />01-01-97 1, 531, 332 $ 7$,865, 547 $ X77, 334,215} 1.94°/0 1, 736,133 4,454°/0}
<br />01-01-98 1,205,205 82,300,775 X81,095,570} 1.46°/0 1,590,417 5,099°/0}
<br />01-01-99 833,900 72,131,400 X71,291,500} 1.16% 1,497,063 ~4,7fi2°/o}
<br />01-01-00 499,407 77,098,600 X76,599,193} 0.65% 1,469,067 X5,214°/0}
<br />01-01-01 211, 342 77,401,200 X77,135, 858} 0.35°/0 1, 385,633 ~5, 5fi7°/o}
<br />1937 Firefighters' Pension Plan
<br /> Unfunded
<br /> Actuarial AAL As A
<br />Actuarial Accrued Percentage
<br />Actuarial Value 4f Liability Unfunded Funded Covered Of Covered
<br />Valuation Assets ~AAL} AAL Ratio Payroll Payroll
<br />Date a b a-b alb c ~a-b lc
<br />01-01-96 $ 1, 352, 098 ~ $ 2,15fi,483
<br />01-01-97 1,262,113 $ 18,938,487 $ X77,676,374} 1.60°/0 2,175,583 3,570°/0}
<br />01-01-98 949,387 78,614,5$3 X77,665,196} 1.21% 2,027,817 X3,830°/0}
<br />01-01-99 912, 070 60, 701,100 X59, 789, 030} 1.50% 1, 893, 973 X3,151%}
<br />01-01-00 1,150,438 65, 320, 900 X64,170,462} 1.76°/fl 1,746, 567 3,674%}
<br />01-01-D1 807,155 70,466,700 ~fi9,659,545} 1.15°/0 1,536,650 4,533°/0}
<br />*Information not available. information will be provided on a prospective basis until six years' data is pre-
<br />sented.
<br />50
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