ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 118
CITY OF EUSTIS, FLORIDA
REQUIRED SUPPLEMENTAL INFORMATION
SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY
FLORIDA RETIREMENT SYSTEM (FRS)
Last 10 Fiscal Years*
2020
0.001708536%
City's proportion of the net pension liability (asset)
2019
0.001782500%
2018
0.001976400%
2017
0.002116882%
2016
2015
2014
0.002067661% 0.002630738% 0.003798678%
City's proportionate share of the net pension liability (asset)
$
739,837
$
613,895
$
595,298
$
626,159
$
522,086
$
339,795
$
231,775
City's covered payroll
$
584,105
$
599,605
$
652,859
$
692,994
$
730,772
$
828,356
$
1,034,136
City's proportionate share of the net pension liability (asset) as a
percentage of its covered payroll
Plan fiduciary net position as a percentage of the total pension
liability (Note 2)
126.66%
102.38%
91.18%
90.36%
71.44%
41.02%
22.41%
78.85%
82.61%
84.26%
83.89%
84.88%
92.00%
96.09%
* The amounts presented for each fiscal year were determined as of 6/30.
*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.
** The Plan's fiduciary net position as a percentage of the total pension liability is published in Note 4
of the Plan's Comprehensive Annual Financial Report.
CITY OF EUSTIS, FLORIDA
REQUIRED SUPPLEMENTAL INFORMATION
SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY
HEALTH INSURANCE SUBSIDY (HIS)
Last 10 Fiscal Years*
2020
0.001682954%
City's proportion of the net pension liability (asset)
2019
0.001757008%
2018
0.001977600%
2017
0.002174116%
2016
2015
2014
0.002282323% 0.002679658% 0.003278805%
City's proportionate share of the net pension liability (asset)
$
205,486
$
196,592
$
209,311
$
232,466
$
265,995
$
273,283
$
306,576
City's covered payroll
$
584,105
$
599,605
$
652,859
$
692,994
$
730,772
$
828,356
$
1,034,136
City's proportionate share of the net pension liability (asset) as a
percentage of its covered payroll
Plan fiduciary net position as a percentage of the total pension
liability (Note 2)
35.18%
32.79%
32.06%
33.55%
36.40%
32.99%
29.65%
3.00%
2.63%
2.15%
1.64%
0.97%
0.50%
0.99%
* The amounts presented for each fiscal year were determined as of 6/30.
* 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.
** The Plan's fiduciary net position as a percentage of the total pension liability is published in Note 4
of the Plan's Comprehensive Annual Financial Report.
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