CAFR 2017

Schedule 1

Schedule of Changes in Net Pension Liability and Related Ratios Law Enforcement Officers' Special Separation Allowance (LEOSSA) Pension Benefit Trust Required Supplementary Information Fiscal Year Ending June 30, 2017

2017

Total Pension Liability: Service cost

$

1,073,888 1,120,959 (994,754) (2,546,004) (1,345,911)

Interest

Changes of assumptions and other inputs

Benefit payments

Net Change in Total Pension Liability Total Pension Liability - Beginning Total Pension Liability -Ending (a)

32,672,426

$ 31,326,515

Plan Fiduciary Net Position: Contributions - employer

$

8,796,931

Net investment income

67,929

Benefit payments

(2,546,004)

Administrative expense

(1,596)

Net Change in Plan Fiduciary Net Position Plan Fiduciary Net Position - Beginning Plan Fiduciary Net Position - Ending (b) Net Pension Liability - Ending (a) - (b)

6,317,260

-

6,317,260

$ 25,009,255

Ratio of plan fiduciary net position to total pension liability

20.17%

$ 38,648,789

Covered employee payroll

Net pension liability as a percentage of covered-employee payroll

64.71%

All years for which information is available are presented.

-39-