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2005-09-14 CC Packet
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2005-09-14 CC Packet
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5/9/2006 2:39:10 PM
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9/15/2005 10:51:16 AM
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<br />NORTH METRO TELECOMMUNICATIONS COMMISSION <br />REQUIRED SUPPLEMENTARY INFORMATION <br /> <br />Schedule of Funding Progress <br />Public Employees Retirement Fund of the Public Employees Retirement Association of <br />Minnesota <br /> <br /> UAAL as a <br /> Actuarial Unfunded Percentage <br />Actuarial Actuarial Accrued AAL Funded of Covered <br />Valuation Value of Liability (UAAL) ( c ) Ratio (d) Covered Payroll <br />Date Assets (a) (AAL)(b) (b) - (a) (a) / (b) Payroll (e) (c)/(e) <br />June 30, 2002 $11,017,414 $ 12,958,105 $ 1,940,691 85.0% $ 3,809,864 50.9% <br />June 30, 2003 $11,195,902 $13,776,198 $ 2,580,296 81.3% $ 4,387,649 58.8% <br />June 30, 2004 $11,477,961 $14,959,465 $ 3,48 I ,504 76.7% $ 3,968,034 87.7% <br /> <br />P.203 <br />
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