16 ATTACHMENTS 1-11 - Laserfiche WebLink

CITY OF PLEASANTON REQUIRED SUPPLEMENTARY INFORMATION AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS Fiscal Year 2018 2019 2020 2,143,000$2,216,000$2,267,000$ (1,055,000)(1,149,000)(1,120,500) (1,055,000)(1,149,000)(1,120,500) 33,000$ (82,000)$ 26,000$ 21,285,000$ 21,990,000$ 22,179,000$ 9.91%10.45%10.10% Notes to Schedule: Methods and assumptions used to determine contribution rates: Valuation Date June 30, 2015 June 30, 2017 June 30, 2017 Actuarial Cost Method Entry Age Normal, Level Percentage of Pay Entry Age Normal, Level Percentage of Pay Entry Age Normal, Level Percentage of Pay Amortization Method Level Percentage of pay Level Percentage of pay Level Percentage of pay Amortization Period 21-year fixed period for 2017/18 20-year fixed period for 2018/19 19-year fixed period for 2019/20 Asset Valuation Method Investment gains and losses spread over 5- year rolling period Investment gains and losses spread over 5- year rolling period Investment gains and losses spread over 5- year rolling period Discount Rate 7.25%6.75%6.75% General Inflation 3.00%2.75%2.75% Medical Trend Non-Medicare - 7.0% for 2017/18, decreasing to an ultimate rate of 5.6% in 2020/21 Medicare - 7.2% for 2017/18, decreasing to an ultimate rate of 5.6% in 2020/21 Non-Medicare - 7.5% for 2019, decreasing to an ultimate rate of 4.0% in 2076 Medicare - 6.5% for 2019, decreasing to an ultimate rate of 4.0% in 2076 Non-Medicare - 7.5% for 2019, decreasing to an ultimate rate of 4.0% in 2076 Medicare - 6.5% for 2019, decreasing to an ultimate rate of 4.0% in 2076 Mortality CalPERS 1997-2011 experience study CalPERS 1997-2015 experience study CalPERS 1997-2015 experience study Mortality Improvement Mortality projected fully generational with Scale MP-14 with 15 year convergence in 2022 Mortality projected fully generational with Scale MP-2017 Mortality projected fully generational with Scale MP-2017 *Fiscal year 2018 was the 1st year of implementation, therefore only five years are shown. Contribution in Relation to the Actuarially Determined Contributions (City of Livermore's Share) Contribution in Relation to the Actuarially Determined Contributions (City of Pleasanton's Share) Agent Multiple-Employer Plan* Schedule of Contributions LIVERMORE-PLEASANTON FIRE DEPARTMENT RETIREE HEALTHCARE PLAN CITY OF PLEASANTON Contribution Deficiency (Excess) Covered-employee payroll Contributions as a percentage of covered-employee payroll Actuarially Determined Contribution 142