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.
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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
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
%

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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