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15-10. The municipality of Lossburgh reported the following information about its pension fund in its CAFR, for the year ended June 30, 2015, prior to
15-10. The municipality of Lossburgh reported the following information about its pension fund in its CAFR, for the year ended June 30, 2015, prior to recent GASB changes:
Not Aseats Hold in Trust for $445.802.812 Pension Benefits Total Bonefits and Rofunds 50.376,321 Total Investment Income 43 083,115 Actuarial Value of Assets 46 032,308 Actuarial Accrued Liability 62 248.740 For the prior your, Lossburgh reported the following information Not Aggeto Held In Trust for $420.307.304 Pension Benefits Total Benefits and Refunds 30.300.575 Total Investment Income 20.064.785 Actuarial Value of Aspets 43.466.117 Actuarial Accrued Unbilty 63.487.932A B C D E 1 PROBLEM 15-10 N 3 TEMPLATE 2015 2014 UT 6 Funded Ratio Actuarial Value of Assets Actuarial Accrued Liability #DIV/O! #DIV/O! 10 Net Assets Held in Trust 11 Benefits Coverage for Pension Benefits 12 Total Benefits and Refunds 13 14 #DIV/O! #DIV/O! 15 16 Investment Earnings Total Investment Income 17 Total Benefits and Refunds 18 19 #DIV/O! #DIV/O! 20Step by Step Solution
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