Actuarial Handout from CLPENS Meeting of Nov. 18 2009
Note: All figures are in $millions
|
Financial Status |
|
|
|
|
|
|
|
|
2009 |
2006 |
|
Assets |
|
|
|
Market Value of Assets |
$288.320 |
$287.025 |
|
Crown DC Balances |
0.579 |
0.630 |
|
Total Assets |
$288.899 |
$287.655 |
|
|
|
|
|
Liabilities |
|
|
|
Active and Disabled Members |
$8.805 |
$22.615 |
|
Pensioners and Survivors |
87.230 |
68.003 |
|
Deferred and Inactive Pensioners |
120.510 |
93.051 |
|
Crown DC Members |
0.579 |
0.630 |
|
Total Liabilities |
$217.124 |
$184.299 |
|
|
|
|
|
Excess/(Deficit) |
$71.775 |
$103.356 |
|
Reconciliation of Changes |
|
|
|
|
|
|
|
|
Excess at January 1, 2006 |
$103.356 |
|
Interest on Excess |
15.814 |
|
Payment of Employer Contributions |
(.570) |
|
Expected Excess at December 31, 2008 |
$118.600 |
|
|
|
|
Economic Experience |
(22.432) |
|
Demographic Experience |
2.234 |
|
Assumption Changes |
(26.693) |
|
Other Factors |
.066 |
|
Excess at December 31, 2008 |
$71.775 |