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CITY OF PLEASANTON REQUIRED SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED JUNE 30, 2022 Fiscal Year Ended June 30 2015 2016 2017 2018 Actuarial Determined Contribution 4,880,354$5,390,058$6,313,962$6,009,558$ (2,440,177)(2,695,029)(3,156,981)(3,004,779) (2,440,177)(2,695,029)(3,156,981)(3,004,779) -$-$-$-$ Covered payroll 13,131,650$14,128,499$15,376,607$14,858,791$ Contributions as a percentage of covered payroll 18.58%19.08%20.53%20.22% Notes to Schedule: Valuation date Methods and assumptions used to determine contribution rates: Actuarial cost method Amortization method Asset valuation method Inflation Salary increases Payroll growth Investment rate of return Retirement age Mortality Contribution in relation to the Actuarially Determined Contribution (City of Livermore's Share) The probabilities of mortality are based on the 2017 CalPERS Experience Study for the period from 1997 to 2015. Pre-retirement and Post-retirement mortality rates include 15 years of projected mortality improvement using 90% of scale MP-2016 published by the Society of Actuaries **Historical information is required only for measurement periods for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only eight years are shown. Varies by Entry Age and Service Market Value 2.50% 2.75% 7.00%, net of pension plan investment expenses, including inflation. Schedule of Plan Contributions Last 10 Years** Agent Multiple-Employer Defined Benefit Pension Plan Safety (Fire) Plan The probabilities of Retirement are based on the 2017 CalPERS Experience Study for the period from 1997 to 2015 Entry age normal cost method Level dollar amount, a summary of the current policy is provided in the table below: Contribution in relation to the Actuarially Determined Contribution (City of Pleasanton's Share) Contribution Deficiency (Excess) June 30, 2019 132