My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
07-28-04 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
LaPorte
>
City Secretary
>
Minutes
>
Chapter 172 Employee Retiree Insurance and Benefits Board
>
2004
>
07-28-04 Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/19/2016 11:21:09 AM
Creation date
3/21/2025 1:22:18 PM
Metadata
Fields
Template:
City Meetings
Meeting Body
Chapter 172 Employee Retiree Insurance and Benefits Board Meeting
Meeting Doc Type
Minutes
Date
7/28/2004
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
12
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />RETIREE STATS <br /> <br />Current Number of Employees on Plan <br />Current Number of Retirees on Plan <br /> <br />356 X $5,000 = $1,780,000 <br />47 X $5,000 = $ 235,000 <br /> <br />Out of 47 Retirees, How many <br />Are 65 or over 19 <br />Under 65 28 <br /> <br />Number of Employees eligible to Retire in: <br /> <br />2004 47 <br />2005 47 + 39 = 86 <br />2006 95 <br />2007 102 <br />2008 111 <br />2009 119 <br />2010 132 <br />2011 143 <br />2012 152 <br />2013 168 <br />2014 178 <br />2015 189 <br /> <br />$235,000 (47X $5,000) <br />$442,900 (86X $5,150) <br />$489,250 <br />$525,300 <br />$571,650 <br />$612,850 <br />$679,800 <br />$736,645 <br />$782,800 <br />$865,200 <br />$916,700 <br />$973,350 <br /> <br />Retiree Cost at 3 yr X $5,150 <br />Retiree Cost at 5 yr X $5,150 <br />Retiree Cost at 10 yr X $5,150 <br /> <br />= $525,300 <br />= $612,850 <br />= $ 916,700 <br /> <br />Retiree Average Expense: <br />65 or older <br />Under 65 <br /> <br />(TML running new calculations) <br />
The URL can be used to link to this page
Your browser does not support the video tag.