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<br /> <br /> <br /> <br />September 5, 2024 29 <br />RESULTS <br />Historical Funded Status <br />(000’s Omitted) <br /> <br />0% 0% <br />11% <br />16% <br />27% <br />42% <br />48% <br />57% <br />89% <br />76% <br />$0 <br />$5,000 <br />$10,000 <br />$15,000 <br />$20,000 <br />$25,000 <br />$30,000 <br />$35,000 <br />$40,000 <br />6/30/07 6/30/08 6/30/10 6/30/11 6/30/13 6/30/15 6/30/17 6/30/19 6/30/21 6/30/23 <br /> Retiree pay-go Retiree AAL less pay-go Active AAL Assets <br />X% Funded Ratio <br /> <br /> <br /> <br /> <br />September 5, 2024 30 <br />RESULTS <br />Schedule of Funding Progress <br />(000’s Omitted) <br /> <br />Actuarial <br />Valuation <br />Date <br />Actuarial <br />Value of <br />Assets <br />(a) <br />Entry Age <br />Actuarial <br />Accrued <br />Liability <br />(b) <br />Unfunded <br />Actuarial <br />Accrued <br />Liability <br />(b-a) <br />Funded <br />Ratio <br />(a/b) <br />Covered <br />Payroll <br />(c) <br />UAAL as <br />Percentage <br />of Covered <br />Payroll <br />((b-a)/c) <br />6/30/13 $8,696 $32,064 $23,368 27.1% $14,088 165.9% <br />6/30/15 13,294 31,195 17,901 42.6% 14,781 121.1% <br />6/30/17 17,279 35,497 18,218 48.7% 16,989 107.2% <br />6/30/19 21,231 37,045 15,814 57.3% 18,104 87.4% <br />6/30/21 26,026 32,707 6,681 79.6% 19,455 34.3% <br />6/30/23 27,339 35,817 8,478 76.3% 16,888 50.2% <br /> <br />