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<br /> <br />Plan Provisions <br />Deposit Rate <br />Matching Ratio <br />Updated Service Credit <br />Transfer USC ** <br />Annuity Increase <br />Buyback Provision <br />20 Year/Any Age Ret. <br />Vesting <br />Contribution Rates <br />Normal Cost Rate <br />Prior Service Rate <br />Retirement Rate <br />Supplemental Death Rate <br />Total Rate <br />Unfunded Actuarial Liability <br />Amortization Period <br />Funded Ratio <br />Phase-In Total Rate <br /> <br />RS <br /> <br />Prior Methods <br />7.00% <br />2 to 1 <br />100% (Repeating) <br />Yes <br />70% (Repeating) <br />No <br />Yes <br />10 years <br />2009 <br />9.90% <br />3.94% <br />13.84% <br />0.20% (A & R) <br />14.04% <br />$12,541,455 <br />25 years <br />79.7% <br /> <br />Plan ChangeStud~ <br /> <br />00728 La Porte <br /> <br />PUC I New Assumptions <br /> <br />FOr Informational Purposes Ollly <br /> <br />Effective Date - January 1, 2009 <br />Report Date - August 18, 2008 <br /> <br />Proposed Plans <br /> <br />Preliminary <br />7.00% <br />2 to 1 <br />100% (Repeating) <br />Yes <br />70% (Repeating) <br />No <br />Yes <br />10 years <br />2009 <br />11.87% <br />8.15% <br />20.02% <br />0.20% (A & R) <br />20.220/0 <br />$20,474,255 <br />25 years <br />70.6% <br /> <br />Adjusted <br />7.00% <br />2 to 1 <br />100% (Repeating) <br />Yes <br />70% (Repeating) <br />No <br />Yes <br />10 years <br />2009 <br />11.87% <br />7.35% <br />19.220/0 <br />0.20% (A & R) <br />19.42% <br />$20,474,255 <br />30 years <br />70.6% <br />14.71% <br /> <br />1 <br />7.00% <br />2 to 1 <br />100% (Repeating) <br />Yes <br />70% (Repeating) <br />No <br />Yes <br />10 years <br />2009 <br />11.87% <br />7.35% <br />19.22% <br />0.20% (A & R) <br />19.42% / <br />$20,474,255 <br />30 yeats <br />70.6% <br />14.710/0 ~ <br /> <br />** This is the addition to the Initial Prior Service Rate for USC for transfers. There were 35 eligible transfer employees on the valuation date. <br />