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<br /> <br /> <br /> <br /> September 5, 2024 E-11 <br />ACTUARIAL ASSUMPTIONS <br /> June 30, 2021 Valuation June 30, 2023 Valuation <br /> CERBT <br />Administrative <br />Expenses <br /> 0.05% of assets added to <br />Normal Cost <br /> Same <br /> Retirement  CalPERS 2000-2019 <br />Experience Study <br /> Misc Police <br /> Classic Member <br />Benefit 2.7%@55 3%@50 <br />ERA 59.5 54.2 <br />Benefit 3%@55 <br />ERA 57.1 <br /> PEPRA Member <br />Benefit 2%@62 2.7%@57 <br />ERA 61.3 55.8 <br /> <br /> CalPERS 2000-2019 Experience <br />Study <br /> Misc Police <br /> Classic Member <br />Benefit 2.7%@55 3%@50 <br />ERA 59.4 54.2 <br />Benefit 3%@55 <br />ERA 57.2 <br /> PEPRA Member <br />Benefit 2%@62 2.7%@57 <br />ERA 61.4 56.3 <br /> <br /> <br /> <br /> <br /> <br /> September 5, 2024 E-12 <br />ACTUARIAL ASSUMPTIONS <br /> June 30, 2021 Valuation June 30, 2023 Valuation <br /> Medical Plan at <br />Retirement <br /> Actives: <br /> < 65 > 65 <br /> Med. <br />Elg. <br />Non Med. <br />Elig. <br />Kaiser 60% 60% 60% <br />HN HMO 5% 5% 5% <br />HN PPO 0% 0% 0% <br />Opt Out 35% 35% 35% <br /> Retirees: Same as current <br />medical plan <br /> Same <br /> Participation at <br />Retirement <br /> <br /> Current Actives – 100% <br /> Current Retirees: <br /> In payment status – 100% <br /> Not in payment status – 30% <br />will re-elect at age 65 <br /> Same