ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 116
CITY OF EUSTIS, FLORIDA
REQUIRED SUPPLEMENTAL INFORMATION
SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS
Last 10 Fiscal Years*
Firefighters
Total pension liability
Service Cost
Interest
Change in Excess State Money
Share Plan Allocation
Changes of benefit terms
Differences between Expected and Actual Experience
Changes of assumptions
Benefit Payments, including Refunds of Employee Contributions
Net Change in Total Pension Liability
Total Pension Liability – Beginning
Total Pension Liability – Ending (a)
9/30/2020
9/30/2019
9/30/2018
$
276,487
985,657
18,845
109,268
(153,334)
(632,316)
$ 604,607
12,676,305
$ 13,280,912
$ 257,123
947,278
10,717
(6,344)
72,910
(25,334)
(941,866)
$ 314,484
12,211,012
$ 12,676,305
$ 260,034
903,263
7,697
125,862
(519,047)
$ 777,809
11,433,203
$ 12,211,012
$
$
Plan Fiduciary Net Position
Contributions – Employer
Contributions – State
Contributions – Employee
Net investment income
Benefit Payments (Previously Included Refunds of Employee Contributions)
Administrative Expense
Net Change in Fiduciary Net Position
Plan Fiduciary Net Position – Beginning
Plan Fiduciary Net Position – Ending (b)
589,041
113,354
57,081
1,309,135
(632,316)
(40,132)
$ 1,396,163
$ 10,271,021
$ 11,667,184
$ 563,329
115,463
57,100
534,775
(941,866)
(37,764)
$ 291,038
$ 9,979,983
$ 10,271,021
$ 691,470
109,424
56,255
672,963
(519,047)
(39,082)
$ 971,983
$ 9,008,000
$ 9,979,983
Net Pension Liability - Ending (a) - (b)
$ 1,613,728
$ 2,405,284
$ 2,231,029
87.85%
81.03%
81.73%
$ 1,427,035
113.08%
$ 1,427,511
168.49%
$ 1,406,377
158.64%
Plan Fiduciary Net Position as a percentage of the Total Pension Liability
Covered Payroll*
Net Pension Liability as a percentage of Covered Payroll
*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.
99
9/30/2017
9/30/2016
9/30/2015
9/30/2014
253,518 $
232,480
846,338
749,472
(11,144)
7,266
16,556
99,332
507,014
160,056
196,022
(518,037)
(505,459)
$
848,473 $ 1,184,941
10,584,730
9,399,789
$ 11,433,203 $ 10,584,730
$ 214,156
739,529
(379,106)
(431,789)
$ 142,790
9,256,999
$ 9,399,789
$ 224,459
700,345
(417,602)
$ 507,202
8,749,797
$ 9,256,999
$
$ 470,563
101,739
48,705
(29,631)
(431,789)
(33,661)
$ 125,926
$ 7,008,141
$ 7,134,067
$ 319,298
90,690
46,422
578,075
(417,602)
(13,700)
$ 603,183
$ 6,404,958
$ 7,008,141
$
$
$
662,590
108,561
53,436
827,904
(518,037)
(28,513)
1,105,941
7,902,059
9,008,000
$
$
$
$
573,724
115,997
52,516
558,655
(505,459)
(27,441)
767,992
7,134,067
7,902,059
$
2,425,203
$
2,682,671
$ 2,265,722
$ 2,248,858
74.66%
75.34%
75.71%
1,312,898
204.33%
$ 1,340,415
169.03%
$ 1,160,547
193.78%
78.79%
$
1,335,896 $
181.54%
