Required Supplementary Information

Funding Status of Other Postemployment Benefits

Actuarial Valuation Date

Actuarial Value of Assets
(a)

Actuarial Accrued Liability (AAL) (b)

Unfunded AAL (UAAL) (b-a)

Funded Ratio (a/b)

Covered Payroll (c)

UAAL as a Percentage of Covered Payroll
((b-a)/c)

July 1, 2012

-

$406,782,000

$406,782,000

0.00%

$1,141,100,000

35.65%

July 1, 2010

-

343,144,000

343,144,000

0.00%

1,023,525,000

33.53%

July 1, 2008

-

196,715,000

196,715,000

0.00%

898,899,000

21.88%

Funding Status of Alternate Medicare Plan *

Actuarial Valuation Date

Actuarial Value of Assets
(a)

Actuarial Accrued Liability (AAL) (b)

Unfunded AAL (UAAL) (b-a)

Funded Ratio (a/b)

Covered Payroll (c)

UAAL as a Percentage of Covered Payroll
((b-a)/c)

July 1, 2012

-

$28,100,000

$28,100,000

0.00%

0.00%

July 1, 2010

-

22,100,000

22,100,000

0.00%

-

0.00%

* Only two years of information is available


©Office of University Controller 2013. This report must be considered in its entirety.