Bluff County's schedule of changes in net pension liability and related ratios is shown below. (Deductions should be indicated t minus sign. Do not round intermediate calculations. Round percentage answers to 2 decimal places and other answers to ne whole dollar.) Required Compute the missing amounts.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Total pension liability
Service cost
Interest
BLUFF COUNTY EMPLOYEE RETIREMENT SYSTEM
Schedule of Changes in the County's Net Pension Liability and Related Ratios
Last Three Fiscal Years
Differences between expected and actual experience
Benefit payments (including refunds of employee contributions)
Net change in total pension liability
Total pension liability, beginning
Total pension liability, ending.
Plan fiduciary net position
Contributions-employee
Contributions-employer
Net investment income
Benefit payments (including refunds of employee contributions)
Administrative expenses
Net change in plan fiduciary net position
Plan fiduciary net position, beginning
Plan fiduciary net position, ending
Net pension liability, ending
Plan fiduciary net position as a percentage of total pension liability
Covered payroll
Net pension liability as a percentage of covered payroll
$
$
$
2023
123,295
1,264
(251,500)
66,555
2,084,415
32,300
98,000
19,900
(64,665)
(3,300)
1,224,655
926,315
%
192.09 %
$
$
2022
125,580
182,650
(885)
75,625
36,310
102,565
(42,850)
(3,180)
81,200
54.81 %
195.56 %
$
$
2021
129,350
171,360
660
(218,660)
1,926,080
91,620
(22,210)
(51,680)
(2,910)
1,018,680
1,061,220
52.83 %
493,310
%
Transcribed Image Text:Total pension liability Service cost Interest BLUFF COUNTY EMPLOYEE RETIREMENT SYSTEM Schedule of Changes in the County's Net Pension Liability and Related Ratios Last Three Fiscal Years Differences between expected and actual experience Benefit payments (including refunds of employee contributions) Net change in total pension liability Total pension liability, beginning Total pension liability, ending. Plan fiduciary net position Contributions-employee Contributions-employer Net investment income Benefit payments (including refunds of employee contributions) Administrative expenses Net change in plan fiduciary net position Plan fiduciary net position, beginning Plan fiduciary net position, ending Net pension liability, ending Plan fiduciary net position as a percentage of total pension liability Covered payroll Net pension liability as a percentage of covered payroll $ $ $ 2023 123,295 1,264 (251,500) 66,555 2,084,415 32,300 98,000 19,900 (64,665) (3,300) 1,224,655 926,315 % 192.09 % $ $ 2022 125,580 182,650 (885) 75,625 36,310 102,565 (42,850) (3,180) 81,200 54.81 % 195.56 % $ $ 2021 129,350 171,360 660 (218,660) 1,926,080 91,620 (22,210) (51,680) (2,910) 1,018,680 1,061,220 52.83 % 493,310 %
Bluff County's schedule of changes in net pension liability and related ratios is shown below. (Deductions should be indicated by a
minus sign. Do not round intermediate calculations. Round percentage answers to 2 decimal places and other answers to nearest
whole dollar.)
Required
Compute the missing amounts.
Transcribed Image Text:Bluff County's schedule of changes in net pension liability and related ratios is shown below. (Deductions should be indicated by a minus sign. Do not round intermediate calculations. Round percentage answers to 2 decimal places and other answers to nearest whole dollar.) Required Compute the missing amounts.
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