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Unfunded Pension Liability <br />Vma -- <br />ss.4' -.1 ... 1 — <br />Mrs <br />5500.0 � .i <br />ae11o�8}.0% <br />Smo.o <br />MI .5:nded <br />A.ui siaw�i Bnllo: }1.6M <br />$SODA 1}1'14-4a'111`1„ __ _...—I. <br />SID00 <br />srferysunded P Io:M.>"A. <br />9100.0 Ptlle }31% <br />iY15 P016 <br />"i^ <br />Liability Assets <br />pg$ets Wi6rl e 04111%� <br />a4u ded'�atbg <br />YeaoOe% Ye -3. <br />iemn q. z1 (menu 1 ��b�.(e :6Pl� 3 <br />x A� <br />18� <br />PERS RATES: Employer Contribution <br />MagM <br />P011ce Rates 36.2% 412% 44.7% 49.1% 12,8% <br />Fre UAL $9.3M $11.4M $127M $14.5M $160M <br />�E3Vw�i i�lg%9�` .3% 35 2 38.8 <br />PERS PATES 30,7% 393Y 388% 41.9% 443% <br />sewn: Cdi4 VOA0/3Pd] vdumra.xeWrljar meal, q4w: a <br />',xdud®emOlWee mnMbuNw:: <br />ry: 13% <br />In <br />Safety (PD Only) Employees <br />FY 18-19 For every $100 in salary, the City Pays $36 in Pension <br />Benefits <br />Salary + Pension Benefits = $136 <br />FY 22-23 For every $100 in salary, the City will pay $53 in Pension <br />Benefits <br />Salary + Pension Benefits = $153 <br />Miscellaneous Employees <br />FY 18-19 For every $100 in salary, the City Pays $31 in Pension <br />Benefits <br />Salary + Pension Benefits = $131 <br />FY 22-23 For every $100 in salary, the City will pay $44 in Pension <br />Benefits <br />Salary + Pension Benefits = $144 <br />CITY COUNCIL MINUTES 10A7-7 FEBRUARY 5, 2018 <br />