Budget for Website - Flipbook - Page 246
Your local unit has the following plan types: (check all that apply)
CHECKED
Defined Benefit
Hybrid
Defined Contribution
$3,163,724.00
What is the aggregate Net Pension Liability? (If overfunded, please enter as a negative number)
Please provide the following for all defined contributions plans:
Employer Contributions Made
Member Contributions Made
Please select the types of defined benefit plans of the primary government:
CHECKED
General Employees
Police
Police & Fire or Public Safety
Fire
Other
Please provide the following for the general employees defined benefit plan:
Pension Expense
$1,164,473.00
Actuarially Determined Contribution
$1,343,004.00
Employer Contributions Made
$1,506,140.00
Actuarial Value of Assets
$11,413,413.00
Member Contributions Made
$0.00
Funded Percentage
78.3%
Investment Rate of Return
6.93%
Please provide the following for the police defined benefit plan:
Pension Expense
Actuarially Determined Contribution
Employer Contributions Made
Actuarial Value of Assets
Member Contributions Made
Funded Percentage
Investment Rate of Return
Please provide the following for the fire defined benefit plan:
Pension Expense
Actuarially Determined Contribution
Employer Contributions Made
Actuarial Value of Assets
Member Contributions Made
Funded Percentage
Investment Rate of Return
Please provide the following for the police & fire or public safety defined benefit plan:
Pension Expense
Actuarially Determined Contribution
Employer Contributions Made
Actuarial Value of Assets
Member Contributions Made
Funded Percentage
Investment Rate of Return
Please provide the following for the other defined benefit plan:
Name of Defined Benefit Plan
Actuarially Determined Contribution
Pension Expense
Actuarial Value of Assets
Employer Contributions Made
Funded Percentage
Member Contributions Made
Investment Rate of Return
City
of Plymouth
2026/27
Budget
Are your defined benefit
pension
plans audited by
an independent
CPA?
Y
242
