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Unfunded Pension Liability <br />MA se.n.Y xe.ma.m. <br />g $609.6 <br />Sm0.0 <br />$m0A $198.7 <br />s.u. n.ox <br />SmOA M,e FNztl <br />ew: n.ax Snav <br />MCA Sado <br />Smog srww <br />sw.vrmad an.:n Yx <br />SNDA xNz: n.lx <br />s <br />mu mm <br />Liability Assets Unfunded Liability Funded Ratio <br />+3.3% -3.9% +22.3% -7.0% <br />ma-ym. Ysavryw Yz�wvryes <br />)BoeM1%rc) �M1%sul �BUM1%ss) )BM%an) <br />PERS RATES: Employer Contribution <br />Pdlm Rita 36.z% Sl1% M7% A9.1% 52.8% <br />R,.UAL $9.3M $11AM $12.7M $11.SM $16AM <br />MM. PIAR• <br />2018-19 2019-20 2020-21 2021 -II 2022-a <br />PERS RITES 30.7% 353% 38.8% 41.9% 443% <br />so,.a: CdPaa'PEj-'A*01) eWuWmeeemjwa Qq cfS=au u <br />•4dWaenrplgnawdWtlm: <br />f�Y+lam <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 7 FEBRUARY 5, 2018 <br />