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Question 8 Not complete Marked out of 1.00 P Flag question Calculate pension funded ratio The city of Tallahassee maintains pension trust funds for general
Question 8 Not complete Marked out of 1.00 P Flag question Calculate pension funded ratio The city of Tallahassee maintains pension trust funds for general employees, police officers, and firefighters. A note to Tallahassee's financial statements shows the following regarding each fund (in thousands of dollars): General Police Fire Plan fiduciary net position $983,771 $279,774 $187,102 Total pension liability $1,009,166 $322,731 $226,836 Required: Calculate the funded ratio for each of the city of Tallahassee's pension plans. Round answers to one decimal place (ex: 0.7645 = 76.5%) Funded ratio General Police Hire
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