Comprehensive Annual Financial Report - Minnesota State ...

Fire
Department
Statistical Section
Statewide Volunteer
Firefighter Retirement Plan
Statistics as of June 30, 2012
Benefit 2013
Active Per Year Net Accrued Funding Normal 2012 Fire Required
Members of Service Assets Liability Ratio Cost (CY12) State Aid Contrib.
Alborn (Township) 23 $ 500 $122,655 $115,243 106% $ 9,220 $ 6,873 $ 0
Alden (City) 25 500 132,316 132,160 100% 11,921 8,782 0
Biwabik (Township) 19 800 168,498 158,919 106% 9,935 8,783 0
Brandon (City) 26 1,000 171,336 209,355 82% 21,168 9,546 5,330
Breitung (Township) 25 900 293,080 234,116 125% 17,093 8,019 0
Buyck VFD 13 500 45,031 19,035 237% 4,678 4,965 0
Carsonville (Township) 29 500 121,053 96,633 125% 9,570 12,375 0
Colvill VFD 17 500 65,777 54,759 120% 7,595 5,728 0
Crane Lake VFD 16 700 75,389 62,599 120% 5,709 5,346 0
DeGraff (City) 12 500 3,712 6,417 58% 3,848 335 3,752
Elbow Tulaby Lakes VFD 14 600 64,796 63,133 103% 7,459 5,611 0
Ellsburg VFD 15 900 74,056 80,650 92% 8,405 3,819 827
Embarrass Region VFD 24 500 147,465 108,393 136% 8,312 7,255 0
Emmons (City) 21 600 257,284 169,987 151% 12,435 8,782 0
Grand Marais (City) 29 1,250 322,327 337,331 96% 24,746 13,702 0
Hardwick (City) 21 500 93,673 100,542 93% 6,891 6,873 0
Lakeland VFD 20 1,000 209,493 186,255 112% 14,861 6,491 0
Lester Prairie (City) 29 1,000 290,680 338,669 86% 27,671 11,455 4,397
Lexington (City) 22 3,000 407,347 427,316 95% 41,955 9,546 10,844
Lutsen (Township) 19 1,500 159,990 177,630 90% 20,540 11,595 1,965
Manchester (City) 15 1,000 92,869 16,361 568% 9,401 3,974 381
McKinley (City) 12 600 78,530 77,047 102% 6,208 4,201 0
Normanna (Township) 13 500 32,705 19,258 170% 4,912 4,582 0
North Star (Township) 20 500 49,202 67,172 73% 7,939 4,201 2,366
Ottertail (City) 26 750 425,561 355,985 120% 18,242 12,370 0
Palo VFD 20 1,000 254,258 226,697 112% 17,049 9,546 0
Pennock (City) 22 900 218,321 215,686 101% 19,042 9,142 0
Pequaywan Lake VFD 16 500 63,917 61,489 104% 5,811 5,346 0
Scandia (City) 25 2,500 594,172 732,181 81% 59,933 21,986 19,200
Scandia Valley (Township) 21 1,250 251,666 250,079 101% 22,513 10,950 0
Sunburg (City) 25 500 136,000 158,539 86% 12,724 7,255 0
Tower (City) 15 600 95,812 69,618 138% 8,218 7,255 0
Twin Valley (City) 24 1,000 258,604 252,461 102% 19,334 9,928 0
Warba - Feeley - 21 600 146,543 110,377 133% 11,696 7,255 0
Sago (City/Twp)
Willmar (City) 45 2,500 848,828 989,549 86% 88,837 68,545 0
These figures are unaudited. Net assets represent the market value of investments in each entity's
account. Accrued liabilities and normal cost are approximations based on spreadsheets approved by
PERA's actuary, but are not calculated by the actuary.
2012 Fire State Aid will be paid by the State and deposited into each fire department's account on
October 1, 2012.
2013 Required Contributions are due from the entity sponsoring each fire department by 12/31/2013.
Public Employees
Retirement Association
of Minnesota
75