Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
80.2%
- Actuarial accrued liability
- $14.6M
- Actuarial value of assets
- $11.7M
- Unfunded liability
- $2.9M
- Amortization period
- 24.0 years
- Assumed return
- 7.00%
- Contributions (employer / employee, % pay)
- 20.5% / 10.5%
Financial report
fiscal year 2025- Net assets (market value)
- $11.9M
- Benefit payments
- $453K
- Total contributions
- $750K
Membership
fiscal year 2025- Active members
- 22
- Annuitants
- 10
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 80.2% | $11.7M | $14.6M | $2.9M | 24.0 |
| 2025 | 80.2% | $11.7M | $14.6M | $2.9M | 24.0 |
| 2024 | 79.7% | $10.5M | $13.2M | $2.7M | 25.0 |
| 2023 | 79.5% | $9.7M | $12.2M | $2.5M | 26.0 |
| 2022 | 77.1% | $8.8M | $11.4M | $2.6M | 27.0 |
| 2021 | 75.6% | $7.8M | $10.4M | $2.5M | 27.0 |
| 2020 | 70.7% | $6.6M | $9.3M | $2.7M | 28.2 |
| 2019 | 67.5% | $5.7M | $8.5M | $2.8M | 29.2 |
| 2018 | 68.9% | $5.2M | $7.5M | $2.3M | 30.0 |
| 2017 | 77.2% | $4.5M | $5.9M | $1.3M | 32.0 |
| 2016 | 76.5% | $3.9M | $5.1M | $1.2M | 27.0 |
| 2015 | 73.7% | $3.4M | $4.6M | $1.2M | 10.3 |