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10.03 Post-Employment Benefit Valuation Report
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02-05-2019 City Council Meeting
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10.03 Post-Employment Benefit Valuation Report
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Changes since prior valuation <br /> • The mortality table was updated from RP-2014 White Collar Mortality Tables with MP-2014 <br /> Generational Improvement Scale(with Blue Collar adjustment for Police and Fire Personnel) <br /> to the RP-2014 White Collar Mortality Tables with MP-2017 Generational Improvement <br /> Scale(with Blue Collar adjustment for Police and Fire Personnel). <br /> • The retirement and withdrawal tables for all employees were updated. <br /> • The discount rate was changed from 4.00%to 3.30%. <br /> City of Pequot Lakes <br /> Page 16 <br />
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