Page 65 - CPAAC_Fall2015

11/13/2015

Contribution Policy Changes

 No asset smoothing
 5-year ramp up
 All amortization bases have fixed amortization

periods

 No rolling amortization

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Risk Pool Changes

 All Risk Pools combined into 2 Risk Pools

 Miscellaneous
 Safety

 Collect payment on UAL as dollar amount
 Risk Pools UAL payment allocated based on

liability & assets rather than payroll

 Some agencies saw significant cost increases

 Side Fund payoff no longer guaranteed savings!

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