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City of Roseville, Minnesota
<br />REQUIRED SUPPLEMENATRY INFORMATION
<br />SCHEDULE OF CHANGES IN NET PENSION LIABILITY
<br />AND RELATED RATIOS- FIRE RELIEF ASSOCIATION
<br />For the Fiscal Year Ended December 31, 2015
<br />2015 2014
<br />Total Pension Liability (TPL, actuarial accrued liability)
<br />Service cost $ 69,632 $ 67,768
<br />]nterest 509,635 508,985
<br />Differences between expected and actual experience - -
<br />Changes of assumptions 213,856 -
<br />Changes of benefit terms - -
<br />Beneiit payments, including member contributions (563,896) (574,072)
<br />Net change in total pension liability 229,227 2,681
<br />Total Pension Liability -beginning of year
<br />Total Pension Liability - end of year
<br />7,762,467 7,759,786
<br />$ 7,991,694 $ 7,762,467
<br />Plan Fiduciary Net Position (FNP, assets)
<br />Contributions - State and local $
<br />Contributions - donations and other income
<br />Contributions - members
<br />Net investment income
<br />Other additions (e.g. receivables)
<br />Beneiit payments, including member contributions
<br />Administrative expense
<br />Other deductions (e.g. payables)
<br />Net change in plan fiduciary net position
<br />Plan Fiduciary Net Position - beginning of year
<br />Plan Fiduciary Net Position - end of year
<br />Net Pension Liability (NPL) - end of year
<br />Plan Fiduciary Net Position (FNP, assets)
<br />220,012 $
<br />22,193
<br />(563,89�
<br />(20,569)
<br />(342,260)
<br />10,171,186
<br />341,617
<br />882,050
<br />(574,072)
<br />(23,479)
<br />626,116
<br />9,545,070
<br />$ 9,828,926 $ 10,171,186
<br />$ (1,837,232) $ (2,408,719)
<br />122.99% 131.03°/a
<br />The City implemented the Provisions of Governmental Accounting Standards Board Statement No. 68
<br />for the year ended December 31, 2015. The schedules within the Required Supplementary Information
<br />Secrion requued a ten year presentation, but does not require retroactive reporting. Infonnation priar to
<br />2014 is not available.
<br />Schedule 9
<br />(Page 1 of 1)
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