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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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4/9/2024 4:32:45 PM
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8/21/2023 4:38:50 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
23
Date
5/18/2021
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RFP No.:1-ozs <br />OR EXHIBIT <br />_•;,. Unfunded Accrued Liability <br />(UAL = Pension Debt) <br />MISCELLANEOUS SAFETY COMBINED <br />Accrued Liability (AL) $ <br />Market Value Assets (MVA) <br />UAL = AL-MVA $ <br />916,9971454 $1,162,151,002 $ 21079,148,456 <br />623,923,788 7741128,328 11398,052,116 <br />293,073,666 <br />69% <br />MISCELLANEOUS <br />Accrued Liability (AL) $ 948,084,339 <br />Market Value Assets (MVA) 645,902,345 <br />UAL = AL-MVA $ 302,181,994 <br />69% <br />VUB <br />$ 388,022,674 <br />67% <br />$ 681,096,340 <br />67% <br />SAFETY COMBINED <br />$1,191,809,847 $ 21139,894,186 <br />787, 086, 63 6 11432,988,981 <br />$ 404,723,211 <br />66% <br />$ 706,905,205 <br />67% <br />
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