Scenario 1
Scenario 2
Scenario 3
Scenario 4

Funded Ratio (MVA Basis)

Unfunded Market Liability (Infl. Adjusted)

Employer Contribution (% of Payroll)

All-In Employer Costs by 2052

New Hire Choice
% of new hires
entering DB plan
%
% of new hires
entering DB plan
%
% of new hires
entering DB plan
%
% of new hires
entering DB plan
%
COLA
COLA
(current active members)
%
COLA
(current active members)
%
COLA
(current active members)
%
COLA
(current active members)
%
COLA (new hires)
%
COLA (new hires)
%
COLA (new hires)
%
COLA (new hires)
%
COLA (current retirees)
%
COLA (current retirees)
%
COLA (current retirees)
%
COLA (current retirees)
%
One-time COLA
(current retirees)
%
One-time COLA
(current retirees)
%
One-time COLA
(current retirees)
%
One-time COLA
(current retirees)
%
One-time COLA
No
One-time COLA
No
One-time COLA
No
One-time COLA
No