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(Preparation of Pension Trust Fund Schedule of Funding Progress)

Question 27

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(Preparation of Pension Trust Fund schedule of funding progress)
Based on the following data elements (not all of which are relevant to this problem)calculate (a)the funded ratio and (b)the unfunded actuarial accrued liability as a percentage of covered payroll for Elisa County's schedule of funding progress at December 31,2013. (Preparation of Pension Trust Fund schedule of funding progress) Based on the following data elements (not all of which are relevant to this problem)calculate (a)the funded ratio and (b)the unfunded actuarial accrued liability as a percentage of covered payroll for Elisa County's schedule of funding progress at December 31,2013.

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a)Funded ratio at December 31,2013:
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