ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 115
CITY OF EUSTIS, FLORIDA
REQUIRED SUPPLEMENTAL INFORMATION
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS
Last 10 Fiscal Years**
Police Officers
Total pension liability
Service Cost
Interest
Benefit Changes
Differences between Actualand Expected Experience
Assumptions Changes
Benefit Payments
Refunds of Employee Contributions
Other (Change in Share Plan Reserve)
Net Change in Total Pension Liability
Total Pension Liability – Beginning
Total Pension Liability – Ending (a)
9/30/2020
9/30/2019
9/30/2018
$
628,111
2,041,898
18,821
(233,718)
375,278
(1,034,241)
(12,576)
28,684
$ 1,812,257
27,676,229
$ 29,488,486
$ 584,843
1,993,320
(629,787)
197,285
(965,463)
(16,799)
28,945
$ 1,192,344
26,483,885
$ 27,676,229
Plan Fiduciary Net Position
Contributions – Employer (from City)
Contributions – Employer (from State)
Contributions – Non Employer Contributing Entity
Contributions – Members (Employee)
Net Investment Income
Benefit Payments (Previously Included Refunds of Employee Contributions)
Refunds of Employee Contributions
Administrative Expense
Other
Net Change in Fiduciary Net Position
Plan Fiduciary Net Position – Beginning
Plan Fiduciary Net Position – Ending (b)
$ 1,048,482
166,208
105,471
63,246
(1,034,241)
(12,576)
(58,912)
$ 277,678
$ 21,680,255
$ 21,957,933
Net Pension Liability - Ending (a) - (b)
Plan Fiduciary Net Position as a percentage of the Total Pension Liability
Covered Payroll*
Net Pension Liability as a percentage of Covered Payroll
9/30/2017
9/30/2016
9/30/2015
9/30/2014
$ 658,839
1,911,199
(493,609)
(852,203)
(21,726)
20,606
$ 1,223,106
25,260,779
$ 26,483,885
$
638,591
1,771,204
9,127
209,780
20,577
(746,614)
(8,689)
15,057
$ 1,909,033
23,351,746
$ 25,260,779
$ 600,310
1,673,595
196,762
(150,513)
(774,591)
(3,567)
$ 1,541,996
21,809,750
$ 23,351,746
$ 516,884
1,510,598
438,421
573,884
(639,735)
(22,876)
$ 2,377,176
19,432,574
$ 21,809,750
$ 520,211
1,407,248
(452,816)
(48,431)
$ 1,426,212
18,006,362
$ 19,432,574
$ 1,008,189
166,730
86,428
726,613
(965,463)
(16,799)
(59,318)
$ 946,380
$ 20,733,875
$ 21,680,255
$ 996,150
150,052
84,401
1,216,791
(852,203)
(21,726)
(66,034)
$ 1,507,431
$ 19,226,444
$ 20,733,875
$
997,323
138,955
85,846
1,757,433
(746,614)
(8,689)
(81,037)
$ 2,143,217
$ 17,083,227
$ 19,226,444
$ 977,758
127,094
85,492
1,286,053
(774,591)
(3,567)
(54,726)
$ 1,643,513
$ 15,439,714
$ 17,083,227
$ 802,667
117,867
81,598
(178,588)
(639,735)
(22,876)
(43,013)
$ 117,920
$ 15,321,794
$ 15,439,714
$ 579,790
112,409
82,768
1,452,818
(452,816)
(48,431)
(32,231)
$ 1,694,307
$ 13,627,487
$ 15,321,794
$ 7,530,553
$ 5,995,974
$ 5,750,010
$
6,034,335
$ 6,268,519
$ 6,370,036
$ 4,110,780
74.46%
78.34%
78.29%
76.11%
73.16%
70.79%
78.85%
$ 2,268,844
331.91%
$ 2,160,700
277.50%
$ 2,110,025
272.51%
2,146,150
281.17%
$ 2,137,300
293.29%
$ 2,039,950
312.26%
$ 2,069,200
198.67%
*For the 2014 Fiscal year, the Covered Payroll figure was based on Pensionable Salary.
** GASB 68 requires information for 10 years. However, until a full 10-year trend is compiled, the City
is presenting information for only those years for which information is available.
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