Pompano Beach Police Department

POMPANO BEACH POLICE & FIREFIGHTERS' RETIREMENT SYSTEM
2335 East Atlantic Blvd., Suite 400
Pompano Beach, FL 33062
Phone (954) 782-4161 - Fax (954) 782-5784


Pompano Beach Fire Rescue
 


 

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POMPANO BEACH POLICE & FIREFIGHTERS' RETIREMENT SYSTEM

SUMMARY PLAN DESCRIPTION

 

PERTINENT ACTUARIAL INFORMATION

 

 

As of October 1st

 

2003

2002

 

    Number of Members of the Plan

            Active Employees

            Those Receiving or Due to Receive Benefits

 

    Annual Payroll of Active Members

 

    Annual Rate of Benefits in Pay Status

 

    Actuarial Accrued Liability

 

    Net Assets Available for Benefits (Actuarial Value)

 

    Unfunded Actuarial Accrued Liability

 

    Required Contribution to be Made to the Plan Over

    and Above Contributions by Members of the Plan

 

    Required Contribution as % of Payroll of

    Active Members

 

    Required Contribution to be Paid During

    Year Ending

 

 

 

          272

          250

 

  $ 18,036,129

 

       7,976,901

 

   167,723,977

 

   131,561,406

 

     36,162,571

 

 

      6,344,050

 

 

  35.17%

 

 

      9/30/05

 

 

         269

         245

 

$  16,438,010

 

      7,467,959

 

  154,363,541

 

  139,561,406

 

    14,436,967

 

 

      4,240,244

 

 

25.80%

 

 

      9/30/04

 

 

©  2006 Pompano Beach Police & Firefighters' Retirement System
All Rights Reserved.