Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions For the year ended September 30, 2016, the City recognized pension expense of [see general ledger amount]. At September 30, 2016, the City reported deferred outflows of resources and deferred inflows of resources related to pensions of the following sources: Deferred Outflows Deferred Inflows of Resources of Resources Differences between expected and actual experience See Detail Table Pg 4 See Detail Table Pg 4 Changes of assumptions See Detail Table Pg 4 See Detail Table Pg 4 Net difference between projected and actual earnings on pension plan investments See Detail Table Pg 4 See Detail Table Pg 4 Employer contributions subsequent to the measurement date * See Detail Table Pg 4 Total Total of above Total of above FY 2016 employer contributions applied to pension liability and add for total Deferred Outflows of Resources *Enter Amounts reported as deferred outflows of resources and deferred inflows of resources to pensions will be recognized in pension expense as follows: Year ended September 30: 2016 [See Detail Report Page 7] 2017 [See Detail Report Page 7] 2018 [See Detail Report Page 7] 2019 [See Detail Report Page 7] 2020 [See Detail Report Page 7] Thereafter [See Detail Report Page 7]
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions For the year ended September 30, 2016, the City recognized pension expense of [see general ledger amount]. At September 30, 2016, the City reported deferred outflows of resources and deferred inflows of resources related to pensions of the following sources: Deferred Outflows of Resources Deferred Inflows of Resources Differences between expected and actual experience See Detail Table Pg 4 See Detail Table Pg 4 Changes of assumptions See Detail Table Pg 4 See Detail Table Pg 4 Net difference between projected and actual earnings on pension plan investments See Detail Table Pg 4 See Detail Table Pg 4 Employer contributions subsequent to the measurement date * See Detail Table Pg 4 Total Total of above Total of above *Enter FY 2016 employer contributions applied to pension liability and add for total Deferred Outflows of Resources Amounts reported as deferred outflows of resources and deferred inflows of resources to pensions will be recognized in pension expense as follows: Year ended September 30: 2016 [See Detail Report Page 7] 2017 [See Detail Report Page 7] 2018 [See Detail Report Page 7] 2019 [See Detail Report Page 7] 2020 [See Detail Report Page 7] Thereafter [See Detail Report Page 7]
ERS_FY_2016_Note_Disclosure_-_Illustration_2.docx