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<br /> <br /> <br /> <br />October 13, 2022 23 <br />RESULTS <br />Actuarial Obligations <br />(000’s Omitted) <br /> <br /> 6/30/19 6/30/21 <br />Projected <br />6/30/22 <br /> Present Value of Benefits <br />• Actives $ 19,778 $17,717 <br />• Retirees 23,845 20,886 <br />• Total 43,623 38,603 <br /> Actuarial Accrued Liability <br />• Actives 13,200 11,821 <br />• Retirees 23,845 20,886 <br />• Total 37,045 32,707 $33,934 <br /> Actuarial Value of Assets 21,231 26,026 27,544 <br /> Unfunded AAL 15,814 6,681 6,390 <br /> Funded Ratio 57.3% 79.6% 81.2% <br /> Normal Cost (20/21 & 22/23) 810 706 <br /> Benefit Payments8 1,544 1,489 <br /> <br /> <br />8 20/21 LPFD reported payments with implied subsidy, and 22/23 projected payments from 6/30/21 valuation. <br /> <br /> <br /> <br /> <br />October 13, 2022 24 <br />RESULTS <br />Funded Status <br />(000’s Omitted) <br />