2024 Annual Comprehensive Report

Schedule 2 Page 1 of 2

-4 3 Schedule of Employer Contributions Law Enforcement Officers' Special Separation Allowance (LEOSSA) Pension Benefit Trust Required Supplementary Information Fiscal Years Ending June 30, 2017-2024 2024 2023 Actuarially determined employer contribution $ 5,102,055 $ 4,698,037 Actual employer contributions 3,306,532 3,088,270 Annual contribution deficiency (excess) $ 1,795,523 $ 1,609,767 Covered payroll $ 52,578,567 $ 45,491,497 Actual contributions as a percentage of covered payroll 6.29% 6.79% Notes to the Required Schedule: The information presented in the required supplementary schedules was determined as part of the actuarial valuations at the dates indicated. The following actuarial methods and assumptions were used to determine the contribution rate for fiscal year 2024: Actuarial valuation 12/31/2021 Discount rate 5.50% Actuarial cost method Entry age normal Amortization method Level dollar, closed Remaining amortization period 9 years Asset valuation method Fair value Inflation 2.50% Salary Increase 3.25% - 7.75%, including inflation Investment rate of return 5.50%, net of pension plan investment expense, including inflation All years for which information is available are presented. 2022 $

$ 3,694,180

2,992,404

701,776

$ 42,336,195

7.07%