- Collection:
- Georgia Government Publications
- Serial:
- Report of the State Auditor, local retirement plans.
- Title:
- Report of the State Auditor, local retirement plans, 2023 January 1
- Contributor to Resource:
- Georgia. Department of Audits and Accounts, issuing body.
- Publisher:
- Atlanta, Georgia : Department of Audits and Accounts
- Date of Original:
- 2023-01-01
- Subject:
- Pensions--Georgia--Auditing--Periodicals.
Pensions--Auditing
Georgia--Pensions--Officials and employees--Periodicals.
Georgia
Georgia Government Documents--Serial - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Print began in 2000s?
Appears to have ceased in print sometime after 2011.
January 1, 2009 (received via FTP on September 13, 2018 from Georgia Department of Audits and Accounts); title from PDF cover (Georgia Government Publications database, viewed July 20, 2020).
January 1, 2017 (received via FTP on September 13, 2018 from Georgia Department of Audits and Accounts) (Georgia Government Publications database, viewed July 20, 2020). - External Identifiers:
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_1176240503-2023-01-01
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_1176240503-2023-01-01
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
BIENNIAL REPORT JANUARY 1, 2023
Report of the State Auditor
Local Retirement Plans
Greg S. Griffin | State Auditor
TABLE OF CONTENTS
LETTER OF TRANSMITTAL
INTRODUCTION...................................................................................................................................... 1
COMPLIANCE WITH STATUTORY REQUIREMENTS................................................................... 2
SUMMARY OF LOCAL RETIREMENT PLANS............................................................................... 4
APPENDIX A: NON-RESPONDENT GOVERNMENTS................................................................. A-1
APPENDIX B: INVESTMENT PORTFOLIO BREAKDOWN OF SINGLE EMPLOYER DEFINED BENEFIT PLANS........................................ B-1
APPENDIX C: LISTING OF LOCAL RETIREMENT PLANS - DEFINED BENEFIT - BY NAME......................................................................................................... C1-1 - BY FUNDED RATIO...................................................................................... C2-1
APPENDIX D: HISTORICAL TREND DATA OF FUNDED RATIO................................................................................................... D-1
APPENDIX E: ACTUARIAL ASSUMPTIONS................................................................................... E-1
APPENDIX F: RETIREMENT AND POSTEMPLOYMENT BENEFITS OTHER THAN DEFINED BENEFIT PLANS .................................................. F-1
APPENDIX G: PUBLIC RETIREMENT SYSTEMS STANDARDS LAW HISTORY OF SIGNIFICANT CHANGES...................................................... G-1
Greg S. Griffin State Auditor
The Honorable Brian P. Kemp, Governor The Honorable Geoff Duncan, Lieutenant Governor The Honorable Jan Jones, Speaker of the House of Representatives Members of the General Assembly
Ladies and Gentlemen: In accordance with the Official Code of Georgia Annotated (O.C.G.A.), Section 47-1-3, the governing authority of each local retirement system is required to file an actuarial investigation and financial report with the State Auditor by October 1 of each evennumbered year. Based on these actuarial investigations and financial reports, the State Auditor is required to report to the Governor and each member of the General Assembly once every two years on the financial condition of local retirement plans and on their compliance with investment requirements. This report is intended to fulfill the reporting requirement outlined in O.C.G.A. 47-1-4 and to provide information about local retirement plans in Georgia and their adherence with the Public Retirement Systems Standards Law. A copy of this report has been filed as a permanent record with the State Auditor's Office and is available to the public. Appreciation is expressed to the officials of the local governments and the local retirement plans for their assistance in presenting this report.
Respectfully submitted,
Greg S. Griffin State Auditor
January 1, 2023
INTRODUCTION
PURPOSE OF THE REPORT The purpose of this report is to comply with the Official Code of Georgia Annotated (O.C.G.A.), 47-1-4 which requires the State Auditor to report on the condition and actuarial soundness of local retirement plans. In addition, state law requires the State Auditor to report on the retirement plans' compliance with the investment requirements outlined in O.C.G.A. 47-20-83. This report addresses local retirement plans' compliance with the reporting requirements established in O.C.G.A. 47-1-3, adherence to the Public Retirement Systems Standards Law (O.C.G.A. 47-20-1 et seq.), and compliance with investing requirements specified in O.C.G.A. 47-20-83. The report also provides information on the known number and type of local retirement plans in Georgia; this includes municipalities, counties, consolidated governments, regional commissions, local boards of education, and authorities.
RESPONSIBILITIES OF THE LOCAL RETIREMENT PLAN The Public Retirement Systems Standards Law (O.C.G.A. 47-20-1 et seq.) provides minimum funding standards for local retirement plans. In accordance with O.C.G.A. 47-1-3, every two years each local retirement plan is required to file with the State Auditor an actuarial investigation demonstrating compliance with the minimum funding standards. Each local retirement plan is also required to file financial reports with its actuarial investigation. The financial reports must contain information on the plan's receipts and disbursements, provide data regarding plan membership and beneficiaries, and cite any changes to the plan since the previous actuarial investigation. The O.C.G.A. 47-1-3 also requires the local retirement plans to certify that they have complied with the investment provisions outlined in the Public Retirement Systems Standards Law (O.C.G.A. 47-20-1 et seq.) This Law specifies that retirement systems that meet the criteria for a large retirement system as provided in O.C.G.A. 47-20-84 may not invest more than 75 percent of its assets in equities. These large retirement systems are also allowed to invest in corporations or in obligations of corporations organized in a country other than
Page 1
the United States or Canada. Retirement systems that do not qualify as a large retirement system may not invest more than 55 percent of retirement system assets in equities. Also, investments in business entities organized in a country other than the United States or Canada are prohibited for these systems. No fund shall increase its assets in equities through purchase by more than 20 percent in any fiscal year. Please see Appendix G for some history on the significant changes made to the Public Retirement Systems Standards Law.
RESPONSIBILITY OF THE STATE AUDITOR After the local retirement plans have filed the actuarial investigations and financial reports, the State Auditor is required to report on the condition of these plans to the Governor and members of the General Assembly. Beginning January 1997, the State Auditor is required to issue this report every two years. Previously, this report was issued every three years beginning January 1983. This report fulfills the requirement for the January 2023 reporting period.
COMPLIANCE WITH STATUTORY REQUIREMENTS
REPORTING REQUIREMENTS All municipalities, counties, consolidated governments, regional commissions, local boards of education, and authorities with identified retirement plans have complied with the state's reporting requirements except:
City of Clayton City of Doraville Hospital Authority of Washington County (repeat finding) Macon Water Authority These governments have not complied with some, or all of the reporting requirements established in O.C.G.A. 47-1-3. Consequently, as required by O.C.G.A. 47-1-5, the State Treasurer has been notified to withhold any state funds payable to these entities until the actuarial investigations and financial reports are submitted. In addition to the noncompliant governments with identified retirement plans listed above, Appendix A provides a listing of governments that did not respond to requests for information. Of the 2,167 governments, 792 or 37% did not
Page 2
respond compared to 28% for the prior reporting period. The governments were repeatedly notified by email or letters of the reporting requirements. No information on the retirement benefits that are offered by these governments, if any, is presented in this report.
FUNDING REQUIREMENTS All applicable retirement plans that reported to us were, according to their actuaries, funded in accordance with the Public Retirement Systems Standards Law (O.C.G.A. 47-20-1 et seq.).
In June 2012, the Governmental Accounting Standards Board (GASB) issued GASB Statement No. 67 Financial Reporting for Pension Plans an amendment of GASB Statement No. 25, which was effective for pension plan financial statements with fiscal years beginning after June 15, 2013. This statement superseded Statement 25 and established new financial reporting requirements for defined benefit pension plans. Unlike GASB Statement 25 which included funding parameters for the calculation of the annual required contribution, GASB Statement 67 did not address pension plan funding requirements. Because of the changes in the GASB standards, the General Assembly passed 2014 House Bill 761 to retain the funding parameters of GASB Statement 25 as the required minimum funding standards in Georgia.
INVESTING REQUIREMENTS Except for the four entities noted above in the Reporting Requirements section, all applicable retirement plans provided information regarding their compliance with the investment requirements outlined in O.C.G.A. 47-20-83 and 47-20-84.
According to the certifications received from the local retirement plans and responses to the investment survey, all plans complied with the investing requirements at all times during the two-year reporting period. In addition to the investment certification, local government retirement plans were requested to provide a breakdown of their investment portfolio. Appendix B provides a detailed listing of investment assets by type for each single employer defined benefit plan.
Page 3
SUMMARY OF LOCAL RETIREMENT PLANS
DEFINED BENEFIT PLANS There are several types of retirement plans for local government employees in Georgia. Defined benefit plans use a specified benefit formula to compute the benefit that a retired employee is entitled to receive. The benefit formula may include years of service, salary, age, type of annuity chosen, and other factors. Because this type of plan promises the employee a certain benefit level (based on the formula), there can be an unfunded liability created for these plans if plan assets do not equal the present value of projected benefit payments. The Public Retirement Systems Standards Law established minimum funding standards to ensure the actuarial soundness of public retirement plans. These standards provide that an employer must make an annual contribution to the plan sufficient to pay the current year cost plus the amount necessary to amortize any unfunded liability over a period of years. Currently, there are a total of 460 defined benefit plans subject to the Public Retirement Systems Standards Law. Of this total, 68 (15%) are single-employer plans.
GMEBS AND ACCG-ADMINISTERED PLANS
The Georgia Municipal Employees Benefit System (GMEBS) and the Association County Commissioners of Georgia (ACCG) are agent multiple-employer defined benefit pension plans. As such, plan assets are pooled for investment purposes, but separate accounts are maintained for each individual employer so that each employer's share of the pooled assets is legally available to pay the benefits of only its employees. This is different from cost-sharing multiple-employer plans when cost-sharing pension plan assets can be used to pay the benefits of the employees of any employer that provides pensions through the pension plan. The GMEBS administers retirement programs for 290 local governments. The ACCG administers retirement programs for 102 local governments. Together, these two plans administer 85% of the local government defined benefit retirement plans. Local governments with plans administered by these two organizations are not required to submit separate actuarial valuations or financial
Page 4
reports. Instead, these two organizations issue individual reports on all member plans.
Exhibit I below shows the number of defined benefit plans by type of local government unit.
Exhibit I Number of Defined Benefit Retirement Plans Reported
by Type of Local Government Unit
Governmental Units
Total Number
Number With Local Retirement
Plans
Number of
Local Retirement Plans1
Administered By
Single Employer
GMEBS2
ACCG3
Municipalities 4
530
268
24
Counties
152
106
12
Consolidated Governments
7
5
11
Regional Commissions
12
9
1
Local Boards of Education
180
4
5
Local Authorities 5
1,286
49
15
2,167
441
68
251
0
0
95
3
0
7
1
0
0
29
6
290
102
Percent With Local Retirement
Plans
51% 70% 71% 75%
2% 4% 20%
1 Because some governments have more than one retirement plan, there are a total of 460 plans, including closed plans. 2 Georgia Municipal Employees Benefit System 3 Association County Commissioners of Georgia 4 Incorporated/active municipalities from the Georgia Department of Community Affairs 5 Local authorities identified by the Georgia Department of Community Affairs
Appendix C provides a listing of all the local governments with identified retirement plans. The listing identifies the administrator of the retirement plan, the actuarial value of plan assets (A), the actuarial accrued liability (B), and the funded ratio (A/B). The funded ratio from the 2017, 2019, 2021 and 2023 biennial retirement reports are presented in Appendix D. Analysis of the dollar amount of the actuarial value of assets, actuarial accrued liability, and unfunded actuarial accrued liability in isolation can be misleading. However, expressing the actuarial value of assets as a percentage of the accrued liability (i.e., the funded ratio) does provide an indication of the plan's funding status on a going-concern basis. Analysis of this percentage, over time, indicates whether the plan is becoming
Page 5
financially stronger or weaker. Generally, the greater this percentage, the stronger the plan.
A number of significant assumptions are made to determine projected long-term funding obligations and related costs of a pension plan. These assumptions represent management's best projection of future plan experience and are generally either economic or demographic. Economic assumptions include anticipated inflation rates, salary increases, and performance of the fund's assets. Demographic assumptions tend to be more specific to the plan being evaluated and are dependent on such factors as the age and life expectancy of plan members. The actuarial assumptions do not determine the plan's cost to the government. This cost is solely determined by the benefits and administrative expenses paid out, offset by the plan's contributions and investment income. The objective of the actuarial funding valuation is to develop an estimate that closely reflects what the actual cost will be, ensuring that amounts contributed will be sufficient to provide future benefits and maintain equity among generations of taxpayers and plan participants. Appendix E of this report summarizes selected economic assumptions reported in the actuarial valuations submitted.
DEFINED CONTRIBUTION PLANS
Defined contribution plans are those in which the employer contributes a certain amount to an account for each participating employee. The employees' benefits upon retirement are determined by the amount in their individual accounts. These retirement plans do not incur an actuarial liability. Based on the definition of retirement systems in the Public Retirement Systems Standards Law, defined contribution plans are not considered local retirement systems. Therefore, these plans are not included in this report. However, to assist readers in obtaining a more complete understanding of the retirement and postemployment benefits offered by local governments, Appendix F includes a listing of governments offering defined contribution plans.
INSURANCE CONTRACTS
In some cases, retirement plans may be established pursuant to an insurance contract between an insurer and a government entity. These retirement plans do not incur a liability for the sponsoring government entity. Based on the definition
Page 6
of retirement systems in the Public Retirement Systems Standards Law, insurance contracts are not considered local retirement systems. Therefore, these plans are not included in this report. DEFERRED COMPENSATION PLANS A deferred compensation plan is a plan that offers employees the opportunity to defer receipt of a portion of their salary and the related liability for federal income taxes. To assist readers in obtaining a more complete understanding of the retirement and postemployment benefits offered by local governments, Appendix F includes a listing of governments offering a deferred compensation plan. OTHER POSTEMPLOYMENT BENEFITS Other postemployment benefits (OPEB) are benefits (other than pension benefits) that are paid subsequent to the termination of employment. These benefits include postemployment healthcare benefits (e.g., medical, dental, vision, hearing, and other health-related benefits), regardless of the type of plan that provides them, and all other postemployment benefits (e.g., life insurance, disability, longterm care, and other benefits if provided as compensation for employee services) provided through a plan that does not provide retirement income. To assist readers in obtaining a more complete understanding of the retirement and postemployment benefits offered by local governments, Appendix F includes a listing of governments offering postemployment healthcare benefits and other postemployment benefits.
Page 7
APPENDIX A
NON-RESPONDENT GOVERNMENTS
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Cities Adrian Alapaha Aldora Allenhurst Allentown Alston Ambrose Andersonville Arlington Avalon Baconton Bartow Barwick Bellville Between Bluffton Bogart Boston Braswell Bronwood Brookhaven Carl Carlton Cecil Chattahoochee Hills Chauncey Climax Colbert Damascus
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-1
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Dasher DeSoto Dexter Dudley DuPont Edge Hill Ellenton Euharlee Fargo Flemington Flovilla Folkston Forest Park Franklin Springs Garfield Geneva Gillsville Girard Gum Branch Hamilton Harrison Hiltonia Homer Homerville Hoschton Ideal Iron City Ivey Jacksonville Johns Creek
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-2
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Keysville Kingston Kite Lilburn Lula Lumber City Manassas Martin Maxeys Maysville McIntyre Metter Milan Montrose Mountain Park Newborn Newington Newton Norman Park Nunez Oak Park Odum Offerman Oliver Omega Orchard Hill Pearson Pineview Pitts Plainville
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-3
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Ranger Rayle Rest Haven Rhine Richland Riddleville Ringgold Riverdale Rocky Ford Roopville Sandy Springs Scotland Screven Shady Dale Sharon Siloam South Fulton Sparks Sparta Stillmore Stonecrest Sunny Side Sycamore Talbotton Talking Rock Talmo Tiger Trenton Tucker Twin City
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-4
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Unadilla Uvalda Vernonburg Waco Woodland Yatesville Zebulon
Counties Berrien County Calhoun County Camden County Chattooga County Clay County Columbia County Dade County Effingham County Emanuel County Hart County Jefferson County Screven County Taylor County Terrell County Twiggs County Wheeler County White County Worth County
Consolidated Governments Unified Government of Webster County
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-5
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Regional Commissions
River Valley Regional Commission
Local Boards of Education
Atkinson County Board of Education Banks County Board of Education Barrow County Board of Education Bartow County Board of Education Berrien County Board of Education Brooks County Board of Education Butts County Board of Education Charlton County Board of Education Chattahoochee County Board of Education Clay County Board of Education Clayton County Board of Education Cobb County Board of Education Coffee County Board of Education Colquitt County Board of Education Columbia County Board of Education Crawford County Board of Education DeKalb County Board of Education Early County Board of Education Effingham County Board of Education Emanuel County Board of Education Evans County Board of Education Gilmer County Board of Education Glascock County Board of Education Glynn County Board of Education Greene County Board of Education Hancock County Board of Education Haralson County Board of Education
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-6
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Hart County Board of Education Henry County Board of Education Jenkins County Board of Education Lamar County Board of Education Liberty County Board of Education Long County Board of Education Marion County Board of Education McIntosh County Board of Education Miller County Board of Education Murray County Board of Education Oconee County Board of Education Pierce County Board of Education Pike County Board of Education Quitman County Board of Education Richmond County Board of Education Stephens County Board of Education Talbot County Board of Education Tattnall County Board of Education Tift County Board of Education Troup County Board of Education Turner County Board of Education Union County Board of Education Thomaston-Upson County Board of Education Warren County Board of Education Whitfield County Board of Education City of Calhoun Board of Education City of Commerce Board of Education City of Decatur Board of Education City of Dublin Board of Education City of Pelham Board of Education City of Rome Board of Education
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-7
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
City of Vidalia Board of Education
Local Authorities
Adel Industrial Development Authority Albany-Dougherty Inner City Authority Alma Downtown Development Authority Alma Housing Authority Americus-Sumter County Airport Authority Athens-Clarke County Downtown Development Authority Atkinson County-Coffee County Joint Development Authority Atlanta Development Authority d/b/a Invest Atlanta Atlanta Housing Opportunity, Inc. Atlanta Public Safety and Judicial Facilities Authority Atlanta Urban Redevelopment Agency Auburn Downtown Development Authority Augusta Ports Authority Augusta, Georgia Landbank Authority Augusta-Richmond County Planning Commission Bacon County Development Authority Bacon Industrial Building Authority Baldwin County Hospital Authority Banks-Jackson-Commerce Hospital and Nursing Home Authority Barrow-Braselton Joint Economic Development Authority Bartow-Cartersville Joint Development Authority Bartow-Cartersville Land Bank Bartow-Cartersville Second Joint Development Authority Baxley and Appling County Hospital Authority Ben Hill-Irwin Area Joint Development Authority Berrien County Development Authority Blakely-Early County Department of Recreation
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-8
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Bleckley County School Building Authority Bleckley-Cochran Development Authority Boston Downtown Development Authority Bowdon Housing Authority Brantley County Development Authority Bremen Housing Authority Brookhaven Development Authority Brooks County Development Authority Brooks County Hospital Authority Bryan County Public Facilities Authority Bryan County Water and Sewer Authority Burke County Hospital Authority Camden County Joint Development Authority Camden County Public Service Authority Camden County Solid Waste Management Authority Candler County Industrial Authority Carrollton Redevelopment Authority Cartersville Building Authority Cartersville Development Authority Cartersville-Bartow County Airport Authority Catoosa County Public Facilities Authority Catoosa Utility District Authority Cedartown Development Authority Cedartown Downtown Development Authority Central Valdosta Development Authority Chatham County Building and Facilities Authority Chatham County Urban Development Authority Chatham-Savannah Authority for the Homeless Chehaw Park Authority City of Atlanta Fulton County Recreation Authority City of Atlanta Solid Waste Management Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X X
X
X
X
X
X
X
X
Page A-9
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
City of Austell Public Facilities Authority City of Ball Ground Downtown Development Authority City of Chickamauga Public Facilities Authority City of Clayton Downtown Development Authority City of Cleveland Building Authority City of Colquitt Downtown Development Authority City of Commerce Downtown Development Authority City of Commerce Public Facilities Authority City of Dawson Development Authority City of Douglasville Industrial Development Authority City of Duluth Downtown Development Authority City of Eton Public Facilities Authority City of Fayetteville Public Facilities Authority City of Hapeville Public Facilities Authority City of Hartwell Recreation Authority City of Hinesville Development Authority City of Homerville Water and Sewer Authority City of Jefferson Public Building Authority City of Jesup Downtown Development Authority City of Lumber city Downtown Development Authority City of Milton Parks and Recreation Authority City of Milton Public Building and Facilities Authority City of Moultrie-Colquitt County Airport Authority City of Peachtree Corners Public Facilities Authority City of Pearson, Georgia Industrial Authority City of Pelham Downtown Development Authority City of Stockbridge, Downtown Development Authority City of Sylvester Public Facilities Authority City of Tucker Downtown Development Authority City of Tucker Public Facilities Authority City of Warner Robins Redevelopment Agency
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-10
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
City of Washington Downtown Development Authority City of Washington Urban Redevelopment Authority Clayton County Hospital Authority Clayton County Tourism Authority Clayton-Rabun County Water and Sewer Authority Clinch County Development Authority Clinch County Hospital Authority Coastal Area District Development Authority, Inc. Cochran/Bleckley Airport Authority College Park Business and Industrial Development Authority Columbus Airport Commission Commerce Housing Authority Conyers-Rockdale-Big Haynes Impoundment Authority Cook County Airport Authority Coosa Water Authority Cordele Office Building Authority Covington Development Authority Covington Municipal Airport Authority Coweta County Development Authority Coweta County Public Facilities Authority Coweta County Solid Waste Authority Coweta, Fayette, Meriwether Joint Development Authority Crisp County-Cordele Industrial Development Authority Dalton-Whitfield County Hospital Authority Dekalb County Civic Center Authority Dekalb County Coliseum Authority Dekalb County Convention Center Authority Dekalb County Hospital Authority Dekalb Private Hospital Authority DeKalb Regional Land Bank Authority Development Authority of Atkinson County
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-11
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Development Authority of Augusta, Georgia Development Authority of Bainbridge and Decatur County Development Authority of Banks County Development Authority of Bibb County Development Authority of Brooks County, Georgia Development Authority of Cartersville Development Authority of Clayton County Development Authority of Columbia County Development Authority of Coweta County Development Authority of Crawford County Development Authority of Crisp County Development Authority of Dekalb County Development Authority of Early County Development Authority of Elbert County, Elberton and Bowman Development Authority of Fairburn Development Authority of Jefferson County, Georgia Development Authority of Jefferson, Georgia Development Authority of Johnson County, Georgia Development Authority of Jones County Development Authority of Lafayette Development Authority of Lanier County Development Authority of Lee County Development Authority of Lowndes County Development Authority of Lumpkin County, Georgia Development Authority of Macon County Development Authority of Mcduffie County and the City of Thomson Development Authority of Murray County Development Authority of Oglethorpe County Development Authority of Palmetto Development Authority of Pickens County Development Authority of Pike County
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-12
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Development Authority of Polk County Development Authority of Powder Springs Development Authority of Rabun County Development Authority of Screven County Development Authority of Seminole County and Donalsonville Development Authority of St. Marys Development Authority of Telfair County Development Authority of the City of Forest Park, Georgia Development Authority of the City of Gordon Development Authority of the City of Richland Development Authority of the City of Roswell Development Authority of the City of Senoia, Georgia Development Authority of the City of Sugar Hill Development Authority of the City of Summerville, Georgia Development Authority of the City of Wadley, Ga Development Authority of the City of Woodbury Development Authority of Walton County Development Authority of Warren County Development Authority of Washington County Development Authority of Wilkinson County Dodge County Hospital Authority Downtown Athens Development Authority Downtown Camilla Development Authority Downtown Dalton Development Authority Downtown Development Authority For the City of Swainsboro Downtown Development Authority of Abbeville Downtown Development Authority of Adel, Georgia Downtown Development Authority of Albany, Georgia Downtown Development Authority of Austell Downtown Development Authority of Baxley Downtown Development Authority of Blairsville
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-13
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Downtown Development Authority of Buchanan Downtown Development Authority of Cave Spring, Georgia Downtown Development Authority of Cordele Downtown Development Authority of Demorest, Ga Downtown Development Authority of Donalsonville Downtown Development Authority of Dublin Downtown Development Authority of Fairburn Downtown Development Authority of Forsyth Downtown Development Authority of Fort Gaines, Georgia Downtown Development Authority of Franklin Springs, Georgia Downtown Development Authority of Hampton Downtown Development Authority of Hinesville, Georgia Downtown Development Authority of Jefferson Downtown Development Authority of Madison Downtown Development Authority of Maysville Downtown Development Authority of Metter Downtown Development Authority of Monticello, Georgia Downtown Development Authority of Pembroke Downtown Development Authority of Pitts, Georgia Downtown Development Authority of Porterdale Downtown Development Authority of Tennille, Georgia Downtown Development Authority of the City of Arlington Georgia Downtown Development Authority of the City of Atlanta Downtown Development Authority of the City of Baconton Downtown Development Authority of the City of Chamblee Downtown Development Authority of the City of Danielsville Downtown Development Authority of the City of Doraville Downtown Development Authority of the City of Ellijay Downtown Development Authority of the City of Hiawassee Downtown Development Authority of the City of Jackson Downtown Development Authority of the City of Lafayette
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-14
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Downtown Development Authority of the City of Lagrange Downtown Development Authority of the City of Locust Grove Downtown Development Authority of the City of Manchester, Georgia Downtown Development Authority of the City of Mcdonough Downtown Development Authority of the City of Milner Downtown Development Authority of the City of Monroe Downtown Development Authority of the City of Norcross Downtown Development Authority of the City of Richland, Georgia Downtown Development Authority of the City of Rome Downtown Development Authority of the City of Rossville Downtown Development Authority of the City of Smithville Downtown Development Authority of the City of Tallapoosa Downtown Development Authority of the City of Thomson Downtown Development Authority of the City of Tifton Downtown Development Authority of the City of Unadilla Downtown Development Authority of the City of Waleska, Georgia Downtown Development Authority of the City of Warm Springs Downtown Development Authority of the City of Warrenton Downtown Development Authority of the City of Zebulon Downtown Development Authority of Union Point, Ga Downtown Development Authority of Walnut Grove Downtown Development Authority of Woodbury Downtown Development Authority, City of Forest Park Downtown Lagrange Development Authority Downtown Smyrna Development Authority Downtown Waycross Development Authority Downtown West Point Development Authority Dunwoody Development Authority East Point Building Authority Eatonton Downtown Development Authority Echols County Water Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-15
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Economic Development Authority of Arlington, Georgia Economic Development Authority of Fort Valley, Georgia Emanuel County Hospital Authority Emanuel County Jail Authority Etowah Area Consolidated Housing Authority Fall Line Regional Development Authority Flowery Branch Development Authority Fort Valley Downtown Development Authority Franklin County Water & Sewerage Authority Franklin-Hart Airport Authority Fulton Technology and Energy Enhancement Authority Gainesville and Hall County Development Authority Gainesville Convention & Visitors Bureau Authority Gainesville Redevelopment Authority Georgia's Innovation Corridor Joint Development Authority Gibson Housing Authority Glascock County Industrial Development Authority Glynn-Brunswick Memorial Hospital Authority Gordon County - Floyd County Development Authority Gordon County Public Facilities Authority Grady County Hospital Authority Grady County Lake Authority Greene County Airport Authority Griffin-Spalding County Airport Authority Griffin-Spalding County Land Bank Authority Gwinnett County Airport Authority Habersham County Development Authority Habersham County Water and Sewerage Authority Hall County Water and Sewer Authority Hancock County Hospital Authority Haralson County School Building Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X
X
X
X
X
X
X
X
X
X
Page A-16
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Hart County Industrial Building Authority Hart County Water and Sewer Utility Authority Hawkinsville Housing Authority Heart of Georgia Regional Airport Authority Henry County Development Authority Henry County Governmental Services Authority Historic Milan Railroad Depot Museum Authority Hospital Authority of Ben Hill County Hospital Authority of Bleckley County Hospital Authority of Bulloch County Hospital Authority of Calhoun County, Georgia Hospital Authority of Charlton County Hospital Authority of Clay County, Georgia Hospital Authority of Early County, Georgia Hospital Authority of Effingham County Hospital Authority of Habersham County Hospital Authority of Houston County Hospital Authority of Liberty County Hospital Authority of Pulaski County Hospital Authority of Putnam County Hospital Authority of Rockdale County Hospital Authority of Tattnall County, Georgia Hospital Authority of the City of Augusta Hospital Authority of the City of Bainbridge and Decatur County Hospital Authority of the City of Lavonia Hospital Authority of the City of Smyrna, Georgia Hospital Authority of Ware County Hospital Authority of Washington County Hospital Authority of Wayne County, Georgia Hospital Authority of Wilkes County Housing Authority City of Sylvester, Ga
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-17
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Housing Authority of City of Carrollton Housing Authority of City of Danielsville Housing Authority of Clayton County Housing Authority of Cobb County Housing Authority of Douglas County Housing Authority of Gwinnett County Housing Authority of Lee County Housing Authority of Savannah Housing Authority of the City of Alamo Housing Authority of the City of Albany Housing Authority of the City of Blakely, Georgia Housing Authority of the City of Blue Ridge Housing Authority of the City of Brunswick, Georgia Housing Authority of the City of Buchanan Housing Authority of the City of Buford, Georgia Housing Authority of the City of Cairo, Georgia Housing Authority of the City of Calhoun Housing Authority of the City of Canton Housing Authority of the City of Cave Spring Housing Authority of the City of Cedartown, Ga. Housing Authority of the City of Chatsworth Housing Authority of the City of Cochran, Georgia Housing Authority of the City of College Park Housing Authority of the City of Comer Housing Authority of the City of Crawfordville Housing Authority of the City of Cumming Housing Authority of the City of Dahlonega Housing Authority of the City of Dalton Housing Authority of the City of Dawson Housing Authority of the City of Douglas Housing Authority of the City of Dublin, Georgia
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-18
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Housing Authority of the City of East Point, Georgia Housing Authority of the City of Elberton, Georgia Housing Authority of the City of Fitzgerald Housing Authority of the City of Fort Oglethorpe, Georgia Housing Authority of the City of Fort Valley Housing Authority of the City of Gainesville Housing Authority of the City of Glennville Housing Authority of the City of Glenwood Housing Authority of the City of Greensboro, Georgia Housing Authority of the City of Greenville Housing Authority of the City of Griffin Housing Authority of the City of Hampton, Georgia Housing Authority of the City of Harlem, Georgia Housing Authority of the City of Hartwell Housing Authority of the City of Hinesville, Ga Housing Authority of the City of Jasper Housing Authority of the City of Jefferson Housing Authority of the City of Jesup Housing Authority of the City of Lincolnton Housing Authority of the City of Lithonia, Georgia Housing Authority of the City of Lumber City Housing Authority of the City of Macon, Georgia Housing Authority of the City of Manchester Housing Authority of the City of McCaysville Georgia Housing Authority of the City of McRae Housing Authority of the City of Menlo, Georgia Housing Authority of the City of Metter Housing Authority of the City of Milledgeville Housing Authority of the City of Monticello Housing Authority of the City of Nahunta Housing Authority of the City of Norcross
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X
X
X
Page A-19
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Housing Authority of the City of Oakwood, Georgia Housing Authority of the City of Ocilla, Ga Housing Authority of the City of Quitman Housing Authority of the City of Roberta, Ga. Housing Authority of the City of Roswell Housing Authority of the City of Royston Housing Authority of the City of Soperton Housing Authority of the City of Sparta Housing Authority of the City of Stewart Housing Authority of the City of Tallapoosa, Georgia Housing Authority of the City of Thomaston Housing Authority of the City of Thomasville, Ga. Housing Authority of the City of Thomson, Georgia Housing Authority of the City of Tifton, Georgia Housing Authority of the City of Warner Robins, Georgia Housing Authority of the City of Warrenton Housing Authority of the City of Washington Housing Authority of the City of Wrightsville Housing Authority of the County of Dekalb, Georgia Housing Authority of the County of Houston, Georgia Ideal Downtown Development Authority Industrial Development Authority of Austell Jackson Housing Authority Jeff Davis County Hospital Authority Joint Development Authority of Baker, Dougherty, Terrell, and Lee Counties Joint Development Authority of Banks, Habersham and Rabun Counties Joint Development Authority of Bleckley County and Dodge County Joint Development Authority of Carroll, Haralson, Polk, Heard,Troup,
Paulding and Douglas Counties Joint Development Authority of Colquitt, Mitchell, Grady, Thomas and
Brooks Counties
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-20
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Joint Development Authority of Hazlehurst, Lumber City and Telfair County Joint Development Authority of Meriwether County and
the City of Hogansville Joint Development Authority of Metropolitan Atlanta Joint Development Authority of Northeast Georgia Joint Development Authority of Seminole and Decatur Counties Joint Development Authority of the Unified Government of Athens,
Clarke County, and the City of Winterville Jones County Public Facilities Authority Kennesaw Development Authority Kennesaw Downtown Development Authority Kingston Downtown Development Authority Lafayette Hospital Authority Lafayette Housing Authority Lagrange Development Authority Lamar County Public Facilities Authority Laurens County Solid Waste Management Authority Lavonia Downtown Development Authority Liberty County Industrial Authority Liberty County Public Facilities Authority Lilburn Downtown Development Authority Lincoln County Development Authority Lower Chattahoochee Regional Transportation Authority Lula Development Authority Lumpkin County Water & Sewerage Authority Lumpkin Downtown Development Authority Lyons Downtown Development Authority Macon Water Authority Macon-Bibb County Community Enhancement Authority Macon-Bibb County Industrial Authority Macon-Bibb County Urban Development Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X X
X
X
X
X
X
X
X
X
X
X
X
Page A-21
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Madison-Morgan County Airport Authority Marion County Development Authority Marshallville Downtown Development Authority McDonough Urban Redevelopment Agency Mcduffie Co/Thomson Water/Sewer Commission Mcpherson Local Implementing Redevelopment Authority Meriwether County Industrial Development Authority Miller County Development Authority Miller County Recreation Authority Mitchell County Hospital Authority Monroe County Industrial Development Authority Montezuma Downtown Development Authority Montgomery County Development Authority Morgan County Georgia Hospital Authority Moultrie-Colquitt County Development Authority Moultrie-Colquitt County Parks and Recreation Authority Multi-City Water & Sewerage Authority Murray County Hospital Authority Murray County Industrial Development Authority Nashville Downtown Development Authority Newnan-Coweta County Airport Authority Newton County Solid Waste Authority Nicholson Water Authority Norcross Development Authority North Fulton Regional Radio System Authority North Georgia Solid Waste Management Authority Northeast Georgia Regional Solid Waste Management Authority Northwest Georgia Housing Authority Ocilla-Irwin County Industrial Development Authority Ocmulgee Regional Joint Development Authority Oglethorpe Downtown Development Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-22
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
Okefenokee Area Development Authority
Peach County Public Facilities Authority
Peachtree City Water and Sewerage Authority
X
Pelham Housing Authority
X
X
Pickens County Water and Sewer Authority
Pierce County Hospital Authority
X
X
X
Pike County Agribusiness Authority
X
Pike County Arts Facility Authority
X
Pine Lake Downtown Development Authority
X
X
Port Wentworth Downtown Development Authority
X
X
Powder Springs Downtown Development Authority
Pulaski County-Hawkinsville Development Authority
X
Quitman Development Authority
X
X
Quitman Urban Redevelopment Authority
X
X
X
Quitman-Brooks County Airport Authority
X
Rabun County Airport Authority
X
Rabun County Convention and Visitors Bureau Authority
X
Rabun County Economic Development Authority
X
Randolph County Development Authority
Randolph County Water and Sewer Authority
X
Redevelopment Authority of Clayton County
X
X
Reidsville Airport Authority
X
X
X
Remerton Downtown Development Authority
X
Residential Care Facilities for the Elderly Authority of Dekalb County
X
X
Residential Care Facilities for the Elderly Authority of Lowndes County, Georgia
X
Residential Care Facilities for the Elderly Authority of Whitfield County
X
Residential Care Facilities for the Elderly of Coweta County
Richmond Hill Convention and Visitors Bureau
X
X
X
X
Riverdale Downtown Development Authority
X
X
X
Rochelle Housing Authority
X
X
X
Rockdale County Water and Sewerage Authority
X
Page A-23
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Rome Building Authority Rome-Floyd County Land Bank Authority Rome-Floyd County Recreation Authority Sandersville Downtown Development Authority Sardis Development Authority Savannah Economic Development Authority Schley Sumter Macon Webster Joint Development Authority Scott Water and Sewer Authority Screven County Development Authority Screven County Hospital Authority Screven County Public Facilities Authority Senoia development Authority Smyrna Housing Authority Solid Waste Management Authority of Franklin County, Georgia South Cobb Redevelopment Authority South Fulton Municipal Regional Jail Authority South Fulton Urban Redevelopment Agency Southeast Georgia Consolidated Housing Authority Southwest Georgia Joint Development Authority Southwest Georgia Regional Development Authority Southwest Georgia Technology Authority Spalding County Collaborative for Families & Children, Inc. Sparta-Hancock County Development Authority Sparta-Hancock Public Facilities Authority St. Marys Downtown Development Authority Stephens County Development Authority Stephens County Hospital Authority Stephens County School Building Authority Stewart County Development Authority Stockbridge Public Facilities Authority Stonecrest Housing Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-24
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Sugar Hill Building Authority Sumter County Industrial Development Authority Sumter County Livestock Authority Tallapoosa Development Authority Tallapoosa Recreation Authority Tallulah Falls Downtown Development Authority Tattnall County Industrial Development Authority Telfair County Hospital Authority Telfair-Wheeler Airport Authority Telfair-Wheeler Joint E-911 Authority Thomaston-Upson County Airport Authority Thomasville Payroll Development Authority Tift County Hospital Authority Toccoa/Stephens County Airport Authority Town of Braselton Public Facilities Authority Town of Tyrone Public Facilities Authority Treutlen County Development Authority Treutlen County Hospital Authority Tri-City Housing Authority Troup County Development Authority Troup Family Connection Authority Turner County Development Authority Twiggs County Recreation Authority Tybee Island (Downtown) Development Authority Unadilla Arena and Tourism Authority Union Point Housing Authority Upper Oconee Basin Water Authority Upson County Water & Sewerage Authority Urban Redevelopment Agency of Euharlee, Georgia Urban Redevelopment Agency of the City of Bainbridge, Georgia Urban Redevelopment Agency of the City of Chamblee
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-25
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
Urban Redevelopment Agency of the City of Doraville Urban Redevelopment Agency of the City of Duluth Urban Redevelopment Agency of the City of Dunwoody Urban Redevelopment Agency of the City of Forest Park Urban Redevelopment Agency of the City of Jonesboro Urban Redevelopment Agency of the City of Kennesaw, Georgia Urban Redevelopment Agency of the City of Morrow, Georgia Urban Redevelopment Agency of the City of Stockbridge Urban Redevelopment Agency of the Town of Braselton Urban Redevelopment Agency of Tucker Urban Residential Finance Authority of the City of Atlanta, Georgia Valdosta Housing Authority Valdosta-Lowndes County Airport Authority Valdosta-Lowndes County Conference Center and Tourism Authority Valdosta-Lowndes County Industrial Authority Valdosta-Lowndes County Land Bank Authority Vidalia Convention and Visitors Bureau Authority Walker County Rural Water and Sewer Authority Walton County Hospital Authority Washington County Airport Authority Washington County Public Facilities Authority Waycross and Ware County Development Authority Waycross Convention and Visitors Bureau Authority Wayne County Altamaha River and Leisure Services Authority Wayne County Public Facilities Authority Webster County Industrial Development Authority West Central Georgia Broadband Joint Development Authority West Central Georgia Joint Development Authority West Georgia Joint Development Authority West Georgia Regional Water Authority West Point Development Authority
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page A-26
Appendix A: Non-Respondent Governments
2023 Non-respondent Governments:
West Point Lake Development Authority Whitfield County Public Facilities Authority Winder Downtown Development Authority Woodbine Downtown Development Authority Wrightsville Development Authority, Inc.
Prior surveys in which the government did not respond: *
2021
2019
2017
2015
X
X
X
X
X
X
X
In total there were 792 entities that did not respond to our requests for information.
Cities
126
Counties
18
Consolidated Governments
1
Regional Commissions
1
Local Boards of Education
59
Local Authorities
587
* This appendix is intended to show the reporting trend of the current year's non-respondent governments and does not include all entities that did not respond to the 2021, 2019, 2017 or 2015 surveys.
Page A-27
APPENDIX B
INVESTMENT PORTFOLIO BREAKDOWN OF SINGLE EMPLOYER DEFINED BENEFIT PLANS
Appendix B: Investment Portfolio Breakdown of Single Employer Defined Benefit Plans
Cities Albany Alpharetta Atlanta General Employees/BOE Atlanta Firefighters Atlanta Police Officers Bloomingdale Brunswick Cartersville - Original Plan Cartersville - 2017 Plan Clayton Covington Dalton Decatur Doraville East Point Gainesville Marietta Milledgeville Moultrie Peachtree City Savannah Thomasville
Counties Chatham County Clayton County Cobb County Coweta County DeKalb County Dougherty County Forsyth County Fulton County Glynn County Gwinnett County Walker County
Most Recent As Mutual Funds/ Exchange Traded
of
Similar Asset Pools
Funds
Alternative Investments
Investments in U.S. and Canadian Corporations or Obligations of Corporations
Corporations or Obligations of Corporations organized in a country other than the United States or Canada
U.S. Government Repurchase and Reverse Repurchase Agreements for
Direct Obligations
U.S. Government Bonds, Notes, and
Warrants
U.S. Government Guaranteed
Loans
State Taxable
Bonds, Notes, or Subtotal to Page
Warrants
B-2
6/30/2022 6/30/2022 8/31/2022 8/31/2022 8/31/2022 9/28/2022 6/30/2022 8/31/2022 8/31/2022
6/30/2022 6/1/3022 10/13/2022
6/30/2022 6/30/2022 6/30/2021 6/30/2022 9/30/2021 9/20/2022 12/31/2021 12/31/2021
26.60 0.04 82.30 90.00 93.30
56.50 56.50
54.30 100.00 73.60
76.20 95.60 11.47 98.93 5.64 52.10 48.40 41.90
11.50
0.06
5.33
8.60
1.00
1.60
1.20
95.00
15.40
5.30
15.40
5.30
26.40
3.60 0.80
13.10
7.80
5.00
1.70
3.70
49.40 52.13
22.10 22.10 28.40
3.10 68.58 49.89 26.90 19.30 51.90
22.52 62.60
19.95 1.30
6.30 6.64
3.94
11.98
9.00
93.80 86.72 91.90 91.60 94.50 95.00 62.60 99.30 99.30 0.00 82.70 100.00 100.00 0.00 82.90 96.40 100.00 98.93 71.45 99.90 84.70 97.50
6/30/2022
52.30
0.30
31.20
6/30/2022
91.10
6.30
8/31/2022
57.09
5.99
0.37
9/30/2022
48.96
10.84
8/31/2022
28.33
45.06
1.72
6/30/2022
100.00
6/30/2022
100.00
6/30/2022
42.00
5.00
6.00
27.00
1.00
6/30/2022
95.70
1.70
12/31/2021
15.00
50.00
9.00
9/30/2022
2.21
4.20
0.01
2.53
14.83
3.04
4.00 4.00
0.10
88.10
97.40
0.05
66.04
2.55
77.18
0.51
78.66
100.00
100.00
85.00
97.40
78.00
2.21
Page B-1
Appendix B: Investment Portfolio Breakdown of Single Employer Defined Benefit Plans
Cities Albany Alpharetta Atlanta General Employees/BOE Atlanta Firefighters Atlanta Police Officers Bloomingdale Brunswick Cartersville - Original Plan Cartersville - 2017 Plan Clayton Covington Dalton Decatur Doraville East Point Gainesville Marietta Milledgeville Moultrie Peachtree City Savannah Thomasville
Counties Chatham County Clayton County Cobb County Coweta County DeKalb County Dougherty County Forsyth County Fulton County Glynn County Gwinnett County Walker County
Subtotal from Page B-1
Bonds, notes, warrants, and other securities not in default which are Bonds, Debentures, or
the direct obligations of the other securities issued or government of any foreign country insured or guaranteed by the International Monetary Fund any U.S. agency, authority,
lists as an industrialized country unit, or corporate body
Collaterized mortgage obligations that are listed as
investment grade by a nationally recognized rating
agency
Bonds, Debentures, Notes, and other evidence of indebtedness issued,
assumed, or guaranteed by any U.S. or Canadian solvent institution
Mortgage or mortgage
participations
Real Estate Investment
Trusts
Cash and cash
Equivalents
Other
93.80 86.72 91.90 91.60 94.50 95.00 62.60 99.30 99.30 0.00 82.70 100.00 100.00 0.00 82.90 96.40 100.00 98.93 71.45 99.90 84.70 97.50
3.80 2.48
28.20
17.20
16.20
12.26
1.16
3.60
0.90
2.40
7.50
3.30
4.10
4.00
2.30
6.10
1.40
4.10
5.00
9.20
0.70
0.70
0.10
0.90 3.60
1.07
4.02
0.10
10.00
0.80
2.50
11.11
88.10
97.40
66.04
77.18
78.66
100.00
100.00
85.00
97.40
78.00
4.00
2.21
10.80
1.10
2.60
0.21
0.40
2.25
31.10
0.24
8.24
8.65
5.69
4.67
0.81
11.92
0.51
3.43
1.00
4.00
6.00
13.00
1.00
1.00
2.00
2.00
2.60
3.00
97.79
Total
100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
0.00 100.00 100.00 100.00
0.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Page B-2
Appendix B: Investment Portfolio Breakdown of Single Employer Defined Benefit Plans
Consolidated Governments Athens/Clarke County Augusta/Richmond County - 1945 Augusta/Richmond County - 1949 Columbus-Muscogee County Macon-Bibb County Macon-Bibb County Division A Macon-Bibb County Fire and Police Ret. System
Most Recent Mutual Funds/
Exchange
As of Similar Asset Pools Traded Funds
Alternative Investments
Investments in U.S. and Canadian Corporations or Obligations of Corporations
Corporations or Obligations of Corporations organized in a country other than the United States or Canada
U.S. Government Repurchase and Reverse Repurchase Agreements for
Direct Obligations
U.S. Government Bonds, Notes, and
Warrants
U.S. Government Guaranteed Loans
State Taxable
Bonds, Notes, or Subtotal to Page
Warrants
B-4
8/30/2022 12/31/2021 12/31/2021
7/31/2022 6/30/2022 6/30/2022 6/30/2022
42.84 19.80 11.50 10.00 34.88 41.74 53.63
53.58
1.68
28.00
16.13
15.69
1.93
14.92
51.40 57.50 27.00 14.73 5.97 6.23
13.70 5.00
21.20 12.10 7.00 17.38 15.02 8.50
98.10 92.40 94.80 77.00 83.12 80.35 83.28
Local Boards of Education Fulton County Board of Education Gwinnett County Board of Education Polk County Board of Education City of Atlanta Board of Education (Superintendent)
6/30/2021 12/31/2021
6/30/2022 6/30/2022
96.00
95.00 92.30
4.00
64.00
3.00
21.00
10.00
100.00 98.00 95.00 92.30
Regional Commissions Southwest Georgia Regional Commission
8/31/2022
10.00
35.00
45.00
Local Authorities
Austell Gas System
5/31/2022
11.00
Carroll County Water Authority
6/30/2022
76.00
Cobb County-Marietta Water Authority
12/31/2021
58.60
5.10
Fulton-DeKalb Hospital Authority
12/31/2021
19.90
3.60
Hospital Authority of Floyd County
12/31/2021
98.26
Hospital Authority of Valdosta and Lowndes
County, Georgia
12/31/2021
Hospital Authority of Washington County
Lagrange-Troup County Hospital Authority
9/30/2022
100.00
Macon Water Authority
Macon-Bibb County Transit Authority
9/1/2022
31.80
19.00
Metropolitan Atlanta Rapid Transit Authority -
ATU Local 732 Union
8/31/2022
56.80
2.60
Metropolitan Atlanta Rapid Transit Authority -
Non-Represented
12/31/2021
49.50
Newnan Water, Sewer and Light Commission
12/31/2021
99.00
Polk County Water, Sewage and Solid Waste Authority 11/17/2022
58.00
22.00
Walker County Water and Sewerage Authority
10/7/2022
57.80
43.00
61.00 17.70 26.90 16.00
27.00
13.00 3.40
5.20 8.00
21.00
7.00 17.00
23.00
77.00 76.00 63.70 28.70 98.26
96.00
0.00
100.00
0.00
7.20
96.70
99.30
75.90 99.00 97.00 57.80
Page B-3
Appendix B: Investment Portfolio Breakdown of Single Employer Defined Benefit Plans
Consolidated Governments Athens/Clarke County Augusta/Richmond County - 1945 Augusta/Richmond County - 1949 Columbus-Muscogee County Macon-Bibb County Macon-Bibb County Division A Macon-Bibb County Fire and Police Ret. System
Subtotal from Page B-3
Bonds, notes, warrants, and other securities not in default which are Bonds, Debentures, or
the direct obligations of the other securities issued or government of any foreign country insured or guaranteed by the International Monetary Fund any U.S. agency, authority,
lists as an industrialized country unit, or corporate body
Collaterized mortgage obligations that are listed as
investment grade by a nationally recognized rating
agency
Bonds, Debentures, Notes, and other evidence of indebtedness issued,
assumed, or guaranteed by any U.S. or Canadian solvent institution
Mortgage or mortgage
participations
Real Estate Cash and
Investment
cash
Trusts Equivalents
Other
98.10 92.40 94.80 77.00 83.12 80.35 83.28
1.00
9.95
3.82
12.17
5.15
4.12
10.72
1.90
3.10
4.50
3.10
2.10
4.00
8.00
10.00
3.11
2.33
1.88
Local Boards of Education Fulton County Board of Education Gwinnett County Board of Education Polk County Board of Education City of Atlanta Board of Education (Superintendent)
100.00 98.00 95.00 92.30
1.00
1.00
5.00
7.70
Regional Commissions Southwest Georgia Regional Commission
45.00
45.00
10.00
Local Authorities
Austell Gas System
77.00
Carroll County Water Authority
76.00
Cobb County-Marietta Water Authority
63.70
Fulton-DeKalb Hospital Authority
28.70
Hospital Authority of Floyd County
98.26
Hospital Authority of Valdosta and Lowndes
County, Georgia
96.00
Hospital Authority of Washington County
0.00
Lagrange-Troup County Hospital Authority
100.00
Macon Water Authority
0.00
Macon-Bibb County Transit Authority
96.70
Metropolitan Atlanta Rapid Transit Authority -
ATU Local 732 Union
99.30
Metropolitan Atlanta Rapid Transit Authority -
Non-Represented
75.90
3.40
Newnan Water, Sewer and Light Commission
99.00
Polk County Water, Sewage and Solid Waste Authority
97.00
Walker County Water and Sewerage Authority
57.80
21.00 24.00
1.00
6.50
2.00
3.20
33.10
7.80
1.50
62.00
1.74
3.00
3.30
0.70
5.20
0.60
8.40
1.00
3.00
42.20
Total
100.00 100.00 100.00 100.00 100.00 100.00 100.00
100.00 100.00 100.00 100.00
100.00
100.00 100.00 100.00 100.00 100.00
100.00 0.00 100.00 0.00 100.00
100.00
100.00 100.00 100.00 100.00
Page B-4
APPENDIX C
LISTING OF LOCAL RETIREMENT PLANS - DEFINED B ENEFI T
C1 - IN ALPHABETICAL ORDER BY GOVERNMENT NAME C2 - IN ORDER OF FUNDED RATIO PERCENTAGE
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT
CITIES
Abbeville Retirement Plan, City of Acworth Retirement Plan, City of Adairsville Retirement Plan, City of Adel Retirement Plan, City of Alamo Retirement Plan, City of Albany Retirement Plan, City of Alma Retirement Plan, City of Alpharetta Retirement Plan, City of Americus Retirement Plan, City of Aragon Retirement Plan, City of Ashburn Retirement Plan, City of Atlanta Firefighter's Pension Fund Atlanta General Employees Pension Fund
General Employees of the City of Atlanta Employees of the Atlanta Board of Education Atlanta Police Officer's Pension Fund Attapulgus Retirement Plan, City of Auburn Retirement Plan, City of Austell Retirement Plan, City of Avondale Estates Retirement Plan, City of Bainbridge Retirement Plan, City of Ball Ground Retirement Plan, City of Barnesville Retirement Plan, City of Baxley Retirement Plan, City of Berlin Retirement Plan, City of Blackshear Retirement Plan, City of Blairsville Retirement Plan, City of
Blakely Retirement Plan, City of
Blakely-Early County Department of
Recreation Retirement Plan Bloomingdale Retirement Plan, City of Blue Ridge Retirement Plan, City of Bowdon Retirement Plan, City of Bowman Retirement Plan, City of Braselton Retirement Plan, City of *1 Bremen Retirement Plan, City of Brooklet Retirement Plan, City of Broxton Retirement Plan, City of Brunswick Retirement Plan, City of Buchanan Retirement Plan, City of
ADMINISTRATOR
GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer Single-Employer
Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
358,510 14,534,636
3,986,635 18,184,891
496,280 135,926,394
4,581,735 96,520,761 14,458,630
603,853 2,567,104 798,950,600
1,435,548,631 186,720,491
1,293,422,842 294,972
2,321,599 13,290,550
2,492,094 11,752,061
198,296 10,263,070
5,344,365 143,539
1,908,168 2,549,794 6,360,548
141,730 2,174,309 1,932,546 2,423,016
321,656 0
4,181,269 407,663 259,021
12,957,364 794,731
Page C1-1
ACTUARIAL ACCRUED LIABILITY
433,585 18,599,082
4,751,853 17,995,517
475,609 211,727,709
5,871,895 109,467,822
19,978,276 363,068
2,855,999 996,199,918
1,981,486,815 523,721,088
1,680,751,189 247,991
2,541,672 15,733,746
3,088,575 14,525,198
469,260 10,841,371
5,587,935 137,073
2,282,790 3,012,532 8,496,949
108,335 2,009,881 2,325,025 2,488,142
407,048 2,553,650 4,599,514
265,318 348,211 19,836,786 930,411
FUNDED RATIO
82.69% 78.15% 83.90% 101.05% 104.35% 64.20% 78.03% 88.17% 72.37% 166.32% 89.88% 80.20%
72.45% 35.65% 76.96% 118.94% 91.34% 84.47% 80.69% 80.91% 42.26% 94.67% 95.64% 104.72% 83.59% 84.64% 74.86%
130.83% 108.18%
83.12% 97.38% 79.02%
0.00% 90.91% 153.65% 74.39% 65.32% 85.42%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Buena Vista Retirement Plan, City of Buford Retirement Plan, City of Butler Retirement Plan, City of Byron Retirement Plan, City of Cairo Retirement Plan, City of Calhoun Retirement Plan, City of Calhoun Retirement Plan, City of Camilla Retirement Plan, City of Canon Retirement Plan, City of Canton Retirement Plan, City of Carnesville Retirement Plan, City of Carrollton Retirement Plan, City of Cartersville Retirement Plan, City of Cartersville 2017 Retirement Plan, City of Cave Spring Retirement Plan, City of Cedartown Retirement Plan, City of Centerville Retirement Plan, City of Chamblee Retirement Plan, City of Chatsworth Retirement Plan, City of Chester Retirement Plan, City of Chickamauga Retirement Plan, City of Clarkesville Retirement Plan, City of Clarkston Retirement Plan, City of Claxton Retirement Plan, City of Clayton Retirement Plan, City of Cleveland Retirement Plan, City of Cochran Retirement Plan, City of College Park Retirement Plan, City of Colquitt Retirement Plan, City of Comer Retirement Plan, City of Commerce Retirement Plan, City of Conyers Retirement Plan, City of Cordele Retirement Plan, City of Cornelia Retirement Plan, City of Covington Retirement Plan, City of Cumming Retirement Plan, City of Cuthbert Retirement Plan, City of Dacula Retirement Plan, City of Dahlonega Retirement Plan, City of Dallas Retirement Plan, City of Dalton Retirement Plan, City of Danielsville Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
1,627,537 20,669,708
990,302 9,064,749 15,049,630 17,717,325 *2 7,712,381
221,306 14,782,085
236,885 29,709,239 60,185,635
554,180 737,520 13,898,257 6,815,524 18,346,723 3,128,753 144,385 2,296,000 2,096,664 4,624,105 3,222,445 *3 1,770,556 4,374,381 83,779,249 2,591,283 347,166 12,056,571 22,711,962 12,680,680 5,294,670 56,305,468 21,211,711 1,904,034 1,185,454 7,314,694 5,396,447 155,482,766 242,556
Page C1-2
ACTUARIAL
ACCRUED
LIABILITY 1,204,262
24,207,323 1,038,603
10,894,917 16,507,988 17,651,507 *2
8,795,609 277,546
17,327,154 326,792
43,979,120 74,158,055
275,208 893,007 19,820,244 5,866,023 20,439,500 3,400,864 164,508 3,042,155 2,405,178 6,331,121 3,951,565 *3 2,038,774 4,583,641 107,711,110 3,199,364 376,133 10,339,628 28,511,544 14,459,526 6,526,868 71,585,050 22,996,330 1,674,597 1,701,519 7,964,738 7,354,443 148,390,379 251,284
FUNDED
RATIO 135.15% 85.39% 95.35% 83.20% 91.17% 100.37% *2 87.68% 79.74% 85.31% 72.49% 67.55% 81.16% 201.37% 82.59% 70.12% 116.19% 89.76% 92.00% 87.77% 75.47% 87.17% 73.04% 81.55% *3 86.84% 95.43% 77.78% 80.99% 92.30% 116.61% 79.66% 87.70% 81.12% 78.66% 92.24% 113.70% 69.67% 91.84% 73.38% 104.78% 96.53%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Darien Retirement Plan, City of Davisboro Retirement Plan, City of Dawson Retirement Plan, City of Dawsonville Retirement Plan, City of Decatur Retirement Plan, City of Demorest Retirement Plan, City of Doerun Retirement Plan, City of Donalsonville Retirement Plan, City of Doraville Retirement Plan, City of Douglas Retirement Plan, City of Douglasville Retirement Plan, City of Dublin Retirement Plan, City of Duluth Retirement Plan, City of East Ellijay Retirement Plan, City of East Point Retirement Plan, City of Eastman Retirement Plan, City of Eatonton Retirement Plan, City of Elberton Retirement Plan, City of Ellaville Retirement Plan, City of Ellijay Retirement Plan, City of Emerson Retirement Plan, City of Enigma Retirement Plan, City of Fairburn Retirement Plan, City of Fayetteville Retirement Plan, City of Fitzgerald Retirement Plan, City of Flowery Branch Retirement Plan, City of Forsyth Retirement Plan, City of Fort Oglethorpe Retirement Plan, City of Fort Valley Retirement Plan, City of Franklin Retirement Plan, City of Gainesville Retirement Plan A, City of Gainesville Retirement Plan, City of Garden City Retirement Plan, City of Gibson Retirement Plan, City of Glennville Retirement Plan, City of Gordon Retirement Plan, City of Grantville Retirement Plan, City of *1 Gray Retirement Plan, City of Greensboro Retirement Plan, City of Greenville Retirement Plan, City of Griffin Retirement Plan, City of Grovetown Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
1,914,887 571,891
4,236,129 689,862
49,376,842 1,477,934 821,218 3,624,794 *3
38,669,426 38,652,432 29,608,131 14,112,128
1,442,709 143,770,759
4,199,157 4,844,044 22,899,121 1,045,987 1,059,752 1,054,452
194,398 17,307,207 21,238,909 12,914,187
1,253,288 6,076,518 8,743,087 4,464,743
700,665 118,763,536
7,985,453 9,567,963
107,138 2,482,468 2,031,310
2,500 1,327,009 4,402,827
703,085 75,481,164
4,248,531
Page C1-3
ACTUARIAL
ACCRUED
LIABILITY 1,974,390 671,567 4,517,771 813,410
59,490,670 1,939,481 880,736 4,098,092 *3
41,082,141 42,552,215 36,624,651 12,667,654
1,060,513 151,103,917
4,927,944 5,190,192 22,470,329 1,544,659
879,175 1,109,600
171,389 16,958,000 27,700,169 14,472,755
1,759,243 8,345,884 11,238,029 5,858,933
796,802 170,300,973
9,032,669 11,914,857
75,487 2,500,201 2,132,324
390,490 2,003,277 5,214,356
738,256 104,266,254
4,369,592
FUNDED
RATIO 96.99% 85.16% 93.77% 84.81% 83.00% 76.20% 93.24% 88.45%
*3 94.13% 90.84% 80.84%
111.40% 136.04%
95.15% 85.21% 93.33% 101.91% 67.72% 120.54% 95.03% 113.43% 102.06% 76.67% 89.23% 71.24% 72.81% 77.80% 76.20% 87.93% 69.74% 88.41% 80.30% 141.93% 99.29% 95.26%
0.64% 66.24% 84.44% 95.24% 72.39% 97.23%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Guyton Retirement Plan, City of Hagan Retirement Plan, City of Hahira Retirement Plan, City of Hampton Retirement Plan, City of Hapeville Retirement Plan, City of *4 Harlem Retirement Plan, City of Hartwell Retirement Plan, City of Hawkinsville Retirement Plan, City of Hazlehurst Retirement Plan, City of Hephzibah Retirement Plan, City of Hiawassee Retirement Plan, City of Hinesville Retirement Plan, City of Hiram Retirement Plan, City of Hogansville Retirement Plan, City of Holly Springs Retirement Plan, City of Jackson Retirement Plan, City of Jasper Retirement Plan, City of Jefferson Retirement Plan, City of Jeffersonville Retirement Plan, City of Jesup Retirement Plan, City of Jonesboro Retirement Plan, City of Kennesaw Retirement Plan, City of Kingsland Retirement Plan, City of LaFayette Retirement Plan, City of LaGrange Retirement Plan, City of Lake City Retirement Plan, City of Lake Park Retirement Plan, City of Lakeland Retirement Plan, City of *1 Lavonia Retirement Plan, City of Leesburg Retirement Plan, City of Lenox Retirement Plan, City of Lincolnton Retirement Plan, City of Lithonia Retirement Plan, City of Locust Grove Retirement Plan, City of Loganville Retirement Plan, City of Lookout Mountain Retirement Plan, City of Louisville Retirement Plan, City of Lovejoy Retirement Plan, City of Lumpkin Retirement Plan, City of Lyons Retirement Plan, City of Madison Retirement Plan, City of Manchester Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
615,679 335,866 1,083,442 4,786,791 23,695,351 2,180,019 6,344,819 3,450,726 4,019,294 997,055 1,479,196 23,141,488 1,442,607 2,666,226 2,740,803 7,698,392 4,338,061 6,825,993 314,172 12,253,227 2,780,215 22,393,181 15,277,461 14,074,701 48,742,768 3,176,939 585,466
87,643 3,943,427 1,548,123
691,668 522,915 712,259 3,446,648 17,840,568 1,557,299 3,105,281 687,326 654,665 2,727,910 13,000,120 5,325,551
Page C1-4
ACTUARIAL
ACCRUED
LIABILITY 568,324 282,645
1,321,925 5,341,605 30,735,415 2,612,577 7,392,888 4,105,537 3,809,325 1,009,549 1,211,727 26,818,583 1,417,940 2,917,376 3,099,954 8,017,203 5,947,322 7,299,860
361,339 14,879,791
3,045,765 27,118,644 15,353,199 15,413,337 58,850,850
3,241,842 735,493 547,936
3,863,928 1,845,300
884,345 627,339 558,756 4,305,023 19,874,084 1,714,224 3,265,402 1,398,563 720,784 3,023,754 13,373,489 5,896,749
FUNDED
RATIO 108.33% 118.83% 81.96% 89.61% 77.09% 83.44% 85.82% 84.05% 105.51% 98.76% 122.07% 86.29% 101.74% 91.39% 88.41% 96.02% 72.94% 93.51% 86.95% 82.35% 91.28% 82.57% 99.51% 91.32% 82.82% 98.00% 79.60% 16.00% 102.06% 83.90% 78.21% 83.35% 127.47% 80.06% 89.77% 90.85% 95.10% 49.15% 90.83% 90.22% 97.21% 90.31%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Marietta Retirement Plan, City of Marshallville Retirement Plan, City of McDonough Retirement Plan, City of McRae-Helena Retirement Plan, City of Menlo Retirement Plan, City of Midville Retirement Plan, City of Midway Retirement Plan, City of Milledgeville Retirement Plan, City of Millen Retirement Plan, City of Milton Retirement Plan, City of Monroe Retirement Plan, City of Montezuma Retirement Plan, City of Monticello Retirement Plan, City of Morrow Retirement Plan, City of Moultrie Retirement Plan, City of Mount Airy Retirement Plan, City of Mount Vernon Retirement Plan, City of Mount Zion Retirement Plan, City of Nahunta Retirement Plan, City of Nashville Retirement Plan, City of Newnan Retirement Plan, City of Nicholls Retirement Plan, City of Nicholson Retirement Plan, City of Norcross Retirement Plan, City of Oakwood Retirement Plan, City of Ocilla Retirement Plan, City of Oglethorpe Retirement Plan, City of Oxford Retirement Plan, City of Palmetto Retirement Plan, City of Patterson Retirement Plan, City of Peachtree City Retirement Plan, City of Pelham Retirement Plan, City of Pembroke Retirement Plan, City of Perry Retirement Plan, City of Pine Mountain Retirement Plan, City of Pooler Retirement Plan, City of Port Wentworth Retirement Plan, City of Portal Retirement Plan, City of Powder Springs Retirement Plan, City of Quitman Retirement Plan, City of Reidsville Retirement Plan, City of Remerton Retirement Plan, City of
ADMINISTRATOR Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
137,541,398 322,914
13,716,206 3,521,327 234,899 149,662 895,473
27,215,728 3,377,605
11,762,781 27,608,951
4,469,965 3,317,422 17,619,205 13,265,299
832,134 1,046,787
456,879 490,981 2,811,285 24,618,716 839,264 218,736 14,521,059 4,336,452 1,576,816 1,035,647 1,026,351 4,043,621 248,669 43,821,939 3,892,647 1,667,618 12,593,363 1,094,437 22,092,052 8,810,487 261,233 5,010,120 3,922,936 1,079,021 1,253,516
Page C1-5
ACTUARIAL
ACCRUED
LIABILITY 202,460,789 367,804 18,659,202 4,104,211 246,644 147,771 966,924 26,973,478 3,689,169 12,826,704 33,247,715 4,838,489 3,639,578 18,720,038 14,708,569 996,416 1,134,471 500,435 476,047 3,134,961 32,576,317 847,999 240,606 15,242,739 6,914,873 2,413,390 1,053,033 1,353,374 4,439,385 272,141 49,392,772 4,260,735 1,909,982 11,376,742 1,342,723 29,723,543 8,115,844 330,225 5,348,300 4,318,445 1,197,410 1,425,578
FUNDED
RATIO 67.93% 87.80% 73.51% 85.80% 95.24%
101.28% 92.61%
100.90% 91.55% 91.71% 83.04% 92.38% 91.15% 94.12% 90.19% 83.51% 92.27% 91.30%
103.14% 89.68% 75.57% 98.97% 90.91% 95.27% 62.71% 65.34% 98.35% 75.84% 91.09% 91.38% 88.72% 91.36% 87.31%
110.69% 81.51% 74.33%
108.56% 79.11% 93.68% 90.84% 90.11% 87.93%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Reynolds Retirement Plan, City of Riceboro Retirement Plan, City of Richmond Hill Retirement Plan, City of Rincon Retirement Plan, City of Roberta Retirement Plan, City of Rochelle Retirement Plan, City of Rockmart Retirement Plan, City of Rome Retirement Plan, City of Rossville Retirement Plan, City of Roswell Retirement Plan, City of Royston Retirement Plan, City of Sandersville Retirement Plan, City of Savannah Employees' Retirement Plan, City of Savannah Pension Plan 2 Senoia Retirement Plan, City of Sky Valley Retirement Plan, City of Smithville Retirement Plan, City of Smyrna Retirement Plan, City of Snellville Retirement Plan, City of Social Circle Retirement Plan, City of Soperton Retirement Plan, City of Springfield Retirement Plan, City of St. Marys Retirement Plan, City of Statesboro Retirement Plan, City of Stockbridge Retirement Plan, City of Stone Mountain Retirement Plan, City of Sugar Hill Retirement Plan, City of Summerville Retirement Plan, City of Suwanee Retirement Plan, City of Swainsboro Retirement Plan, City of Sylvania Retirement Plan, City of Sylvester Retirement Plan, City of Tallapoosa Retirement Plan, City of Temple Retirement Plan, City of Tennille Retirement Plan, City of Thomaston Retirement Plan, City of Thomasville Retirement Plan, City of Thomson Retirement Plan, City of Thunderbolt Retirement Plan, City of Tifton Retirement Plan, City of Toccoa Retirement Plan, City of Trion Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
695,690 471,009 10,740,723 2,460,347 865,542 1,003,896 7,654,669 78,407,828 1,856,772 98,042,118 2,195,036 7,554,271 461,562,071 *2 1,651,876 676,224 288,212 58,499,576 2,914,547 4,165,465 1,158,195 1,186,644 629,558 32,185,766 10,084,029 4,988,570 4,227,476 12,663,411 14,098,336 8,987,168 6,140,184 8,645,032 5,163,500 889,184 1,098,091 9,413,203 45,563,418 8,648,712 1,502,513 27,046,541 22,969,865 7,235,822
Page C1-6
ACTUARIAL
ACCRUED
LIABILITY 816,482 602,810
11,038,818 2,354,207 1,086,108 1,149,032 8,764,445
100,657,508 2,158,473
121,067,279 2,355,308 8,526,340
545,425,727 *2 1,857,811 788,764 265,879 73,403,546 1,009,021 4,382,232 1,238,418 1,372,688 874,849 37,861,590 10,409,806 4,220,504 4,424,676 13,011,309 8,424,496 7,556,268 8,253,183 9,986,421 5,004,214 1,097,282 816,306 12,422,697 41,231,492 10,358,773 2,269,349 32,048,853 22,256,534 7,016,592
FUNDED
RATIO 85.21% 78.14% 97.30%
104.51% 79.69% 87.37% 87.34% 77.90% 86.02% 80.98% 93.20% 88.60% 84.62%
*2 88.92% 85.73%
108.40% 79.70%
288.85% 95.05% 93.52% 86.45% 71.96% 85.01% 96.87%
118.20% 95.54% 97.33%
167.35% 118.94%
74.40% 86.57% 103.18% 81.04% 134.52% 75.77% 110.51% 83.49% 66.21% 84.39% 103.21% 103.12%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Tybee Island Retirement Plan, City of Tyrone Retirement Plan, City of Union City Retirement Plan, City of Union Point Retirement Plan, City of Valdosta Retirement Plan, City of Vidalia Retirement Plan, City of Vienna Retirement Plan, City of Villa Rica Retirement Plan, City of Wadley Retirement Plan, City of Waleska Retirement Plan, City of Walthourville Retirement Plan, City of Warm Springs Retirement Plan, City of Warner Robins Retirement Plan, City of Warrenton Retirement Plan, City of Washington Retirement Plan, City of Waycross Retirement Plan, City of Waynesboro Retirement Plan, City of West Point Retirement Plan, City of Whigham Retirement Plan, City of White Retirement Plan, City of Whitesburg Retirement Plan, City of Willacoochee Retirement Plan, City of Winder Retirement Plan, City of Woodbine Retirement Plan, City of Woodbury Retirement Plan, City of Woodstock Retirement Plan, City of Wrens Retirement Plan, City of Wrightsville Retirement Plan, City of
Combined Cities
COUNTIES
Appling County Pension Plan Bacon County Pension Plan Baldwin County Pension Plan Banks County Pension Plan Barrow County Pension Plan Bartow County Pension Plan Ben Hill County Pension Plan Bleckley County Pension Plan Brooks County Pension Plan Bryan County Pension Plan Burke County Pension Plan
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACTUARIAL VALUE OF PLAN ASSETS
10,679,936 2,597,675
22,583,642 1,138,616
51,748,394 7,942,600 4,456,878 7,601,385 1,389,423 136,854 710,568 357,694
124,910,574 1,224,876 8,091,680
24,933,149 3,725,515 8,323,418 410,311 465,606 550,693 784,251
18,880,054 1,502,357 891,679
16,008,506 2,565,334 537,516
7,385,216,197
13,062,602 1,991,904
24,304,115 758,865
34,440,501 90,966,902
6,085,054 3,353,182 4,253,543 15,286,996 27,622,547
Page C1-7
ACTUARIAL ACCRUED LIABILITY
11,607,695 2,938,454
29,503,021 1,349,419
101,339,576 9,116,056 4,673,077 8,847,294 1,447,335 106,636 741,118 356,914
136,461,800 961,965
9,381,512 31,139,373
4,352,351 11,160,589
430,399 429,806 665,823 980,962 24,436,512 1,172,033 1,008,570 19,217,598 3,038,920 599,394
9,594,054,616
15,911,964 2,533,630
41,126,502 872,975
45,923,988 145,566,267
7,700,268 4,326,892 5,255,390 21,921,554 43,968,002
FUNDED RATIO
92.01% 88.40% 76.55% 84.38% 51.06% 87.13% 95.37% 85.92% 96.00% 128.34% 95.88% 100.22% 91.54% 127.33% 86.25% 80.07% 85.60% 74.58% 95.33% 108.33% 82.71% 79.95% 77.26% 128.18% 88.41% 83.30% 84.42% 89.68%
76.98%
82.09% 78.62% 59.10% 86.93% 74.99% 62.49% 79.02% 77.50% 80.94% 69.74% 62.82%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Butts County Pension Plan Carroll County Pension Plan Charlton County Pension Plan Chatham County Employees' Retirement Plan Cherokee County Pension Plan Clayton County Pension Plan Clinch County Pension Plan Cobb County Board of Commissioners
Retirement Income Plan Coffee County Pension Plan Colquitt County Pension Plan Coweta County Pension Plan Crawford County Pension Plan Crisp County Pension Plan Dawson County Pension Plan Decatur County Pension Plan DeKalb County Pension Plan Dodge County Pension Plan Dooly County Pension Plan Dougherty County Pension Plan Douglas County Pension Plan Douglas County Employee Defined Benefit Plan Early County Pension Plan Elbert County Pension Plan Evans County Pension Plan *4 Fannin County Pension Plan Fayette County Pension Plan Floyd County Pension Plan Forsyth County Defined Benefit Plan Franklin County Pension Plan Fulton County Employees' Pension Plan Glynn County Board of Commissioners Pension Plan Grady County Pension Plan Greene County Pension Plan Gwinnett County Pension Plan Habersham County Pension Plan Hall County Pension Plan Hancock County Pension Plan Haralson County Pension Plan Harris County Pension Plan Heard County Pension Plan Henry County Pension Plan
ADMINISTRATOR ACCG ACCG ACCG Single-Employer ACCG Single-Employer ACCG
Single-Employer ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG Single-Employer ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG Single-Employer Single-Employer ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACTUARIAL VALUE OF PLAN ASSETS
14,521,958 1,794,498 5,602,674
332,473,061 119,708,808 501,131,466
1,165,912
866,464,523 16,391,626 20,074,951 80,762,501 3,409,180 21,588,091 6,621,732 12,970,852
1,438,045,946 1,053,476 3,853,348
68,916,049 86,481,963 *2
6,746,338 20,534,437
2,886,142 14,603,333 56,470,682 70,399,705 24,839,491 13,088,326 1,491,220,910 120,421,979
4,619,468 8,653,053 1,277,713,000 11,155,251 30,722,283 6,452,061 8,680,462 17,147,424 3,847,307 211,246,099
Page C1-8
ACTUARIAL ACCRUED LIABILITY
25,772,980 2,864,641 7,236,325
363,880,973 218,177,336 782,922,539
1,189,319
1,433,557,115 19,231,683 25,451,985
119,117,368 4,089,133
29,762,611 9,206,617
16,890,068 2,583,393,670
1,636,667 5,603,531 76,177,722 150,784,457 *2 8,760,843 22,060,332 2,718,561 19,244,354 77,144,400 99,707,345 21,001,697 14,758,228 1,893,045,684 133,005,281 5,595,078 11,682,823 1,567,610,426 13,159,930 53,225,900 7,820,944 9,345,246 23,219,353 4,262,514 318,528,872
FUNDED
RATIO 56.35% 62.64% 77.42% 91.37% 54.87% 64.01% 98.03%
60.44% 85.23% 78.87% 67.80% 83.37% 72.53% 71.92% 76.80% 55.66% 64.37% 68.77% 90.47% 57.35% *2 77.01% 93.08% 106.16% 75.88% 73.20% 70.61% 118.27% 88.68% 78.77% 90.54% 82.56% 74.07% 81.51% 84.77% 57.72% 82.50% 92.89% 73.85% 90.26% 66.32%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Houston County Pension Plan Jackson County Pension Plan Jasper County Pension Plan Jeff Davis County Pension Plan Jenkins County Pension Plan Jones County Pension Plan Lamar County Pension Plan Laurens County Pension Plan Lee County Pension Plan Liberty County Pension Plan Lincoln County Pension Plan Lowndes County Pension Plan Lumpkin County Pension Plan Madison County Pension Plan Marion County Pension Plan McDuffie County Pension Plan McIntosh County Pension Plan Miller County Pension Plan Mitchell County Pension Plan Monroe County Pension Plan Morgan County Pension Plan Murray County Pension Plan Newton County Pension Plan Oconee County Pension Plan Oglethorpe County Pension Plan Paulding County Pension Plan Peach County Pension Plan Pickens County Pension Plan Polk County Pension Plan Pulaski County Pension Plan Putnam County Pension Plan Rabun County Pension Plan Rockdale County Pension Plan Schley County Pension Plan Seminole County Pension Plan Spalding County Pension Plan Sumter County Pension Plan Tattnall County Pension Plan Telfair County Pension Plan Thomas County Pension Plan Tift County Pension Plan Toombs County Pension Plan
ADMINISTRATOR ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACTUARIAL VALUE OF PLAN ASSETS
117,594,014 20,225,216 4,754,528 5,187,749 3,141,533 12,882,774 5,698,173 13,688,855 9,433,729 29,176,581 4,456,474 58,308,217 5,168,081 9,987,380 899,787 10,835,207 5,774,607 1,899,431 8,015,159 28,408,294 15,111,513 12,305,576 4,105,414 26,398,839 3,104,777 52,771,946 15,988,304 12,687,648 19,752,073 1,705,425 17,180,416 10,501,117 71,139,716 289,668 3,812,367 34,945,738 5,632,603 8,422,636 2,557,868 20,540,026 38,306,417 6,936,307
Page C1-9
ACTUARIAL
ACCRUED
LIABILITY 153,987,208 30,172,532 4,271,756 6,514,528 3,181,698 17,370,686 7,213,792 18,030,818 12,597,572 53,341,362 5,846,027 82,972,632 8,361,255 12,830,749 1,064,575 13,610,520 7,367,761 2,297,979 11,511,515 36,716,110 18,422,857 16,009,079 6,308,655 36,514,466 3,414,573 83,359,915 21,757,006 23,307,538 25,812,706 1,730,948 22,891,895 13,168,588 109,369,114 633,157 4,684,694 55,250,258 7,162,595 11,278,904 3,313,242 23,217,771 53,252,797 8,411,190
FUNDED
RATIO 76.37% 67.03%
111.30% 79.63% 98.74% 74.16% 78.99% 75.92% 74.89% 54.70% 76.23% 70.27% 61.81% 77.84% 84.52% 79.61% 78.38% 82.66% 69.63% 77.37% 82.03% 76.87% 65.08% 72.30% 90.93% 63.31% 73.49% 54.44% 76.52% 98.53% 75.05% 79.74% 65.05% 45.75% 81.38% 63.25% 78.64% 74.68% 77.20% 88.47% 71.93% 82.47%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Treutlen County Pension Plan Troup County Pension Plan Turner County Pension Plan Upson County Pension Plan Walker County Commissioners' & Sheriff's
Department Defined Benefit Pension Plan Walton County Pension Plan Ware County Pension Plan Warren County Pension Plan Washington County Pension Plan Whitfield County Pension Plan Wilcox County Pension Plan Wilkes County Pension Plan Wilkinson County Pension Plan
Combined Counties
CONSOLIDATED GOVERNMENTS Athens-Clarke County Employees' Pension Plan Augusta City Employees Pension Plan Augusta Firemen's Pension Fund Augusta General Retirement Plan 1949 Augusta Policemen's Pension Fund Augusta Richmond County Retirement Plan Augusta Richmond County
Planning Commission Retirement Plan Columbus Consolidated Government
Employees' Pension Plan Columbus Consolidated Government Plan for
Employees of the Department of Public Safety Georgetown-Quitman Unified County Retirement Plan Macon-Bibb County Fire & Police Retirement System *5 Macon-Bibb County Pension Plan *6 Macon-Bibb County Pension Plan Division A *5 Richmond County Employee Pension Fund 1945
Combined Consolidated Governments
REGIONAL COMMISSIONS
Atlanta RC Retirement Plan *4 Coastal Georgia RC Retirement Plan Georgia Mountains RC Retirement Plan Heart of Georgia - Altamaha RC Retirement Plan
ADMINISTRATOR ACCG ACCG ACCG ACCG
Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
Single-Employer Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed GMEBS
GMEBS
Single-Employer
Single-Employer GMEBS Single-Employer Single-Employer Single-Employer Single-Employer, Closed
ACCG GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
1,264,602 48,201,872
5,492,283 9,367,980
5,746,015 32,687,522
2,116,874 1,508,777 13,918,798 45,785,641 1,836,641 2,949,273 6,777,062 8,143,992,100
287,970,006 *2 *2 75,899,066 *2
195,733,923
3,148,438
264,098,495
285,101,183 131,424
297,979,744 129,614,650
96,783,068 6,040,258
1,642,500,255
66,115,182 3,587,037 7,366,069 4,935,860
Page C1-10
ACTUARIAL ACCRUED LIABILITY
1,751,579 68,135,541
8,095,630 9,801,615
8,355,362 49,250,378
2,844,269 1,869,573 19,340,193 58,769,741 2,251,843 4,893,402 8,345,521 11,800,189,653
325,873,521 *2 *2 82,231,391 *2
246,058,828
2,837,977
259,327,260
302,050,900 186,162
237,623,819 208,653,787 101,263,472
7,069,608 1,773,176,725
57,205,397 4,224,019 7,595,110 5,426,965
FUNDED RATIO
72.20% 70.74% 67.84% 95.58%
68.77% 66.37% 74.43% 80.70% 71.97% 77.91% 81.56% 60.27% 81.21% 69.02%
88.37% *2 *2
92.30% *2
79.55%
110.94%
101.84%
94.39% 70.60% 125.40% 62.12% 95.58% 85.44% 92.63%
115.58% 84.92% 96.98% 90.95%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Middle Georgia RC Retirement Plan Northeast Georgia RC Retirement Plan Northwest Georgia RC Retirement Plan Southern Georgia RC Retirement Plan Southwest Georgia RC Retirement Plan
Combined Regional Commissions
LOCAL BOARDS OF EDUCATION
Fulton County School Employees' Pension Fund Gwinnett County Board of Education Retirement System Polk County Board of Education Retirement System City of Atlanta Board of Education - Superintendent Plan *7
Combined Local Boards of Education
LOCAL AUTHORITIES
Austell Gas System Bainbridge Decatur County Recreation Authority Brunswick-Glynn County Joint
Water and Sewer Commission Carroll County Water Authority Chatsworth Water Commission Cherokee County Water and Sewerage Authority Cobb County-Marietta Water Authority Development Authority of Appling County Douglasville-Douglas County Water and Sewer Authority Dublin-Laurens County Recreation Authority Eatonton-Putnam Water and Sewer Authority Ellijay-Gilmer County Water and Sewerage Authority Fitzgerald Water, Light, and Bond Commission Flint Area Consolidated Housing Authority Fort Valley Utilities Commission Fulton-DeKalb Hospital Authority Haralson County Water Authority Heard County Water Authority Henry County Water Authority Hospital Authority of Floyd County Hospital Authority of Valdosta and
Lowndes County, Georgia Hospital Authority of Washington County Housing Authority of the City of Clayton, Georgia Housing Authority of the City of Conyers
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS Single-Employer
Single-Employer Single-Employer Single-Employer Single-Employer
Single-Employer GMEBS
GMEBS Single-Employer GMEBS GMEBS Single-Employer ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer ACCG GMEBS GMEBS Single-Employer
Single-Employer Single-Employer GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
9,221,999 7,503,055 8,343,752 13,556,995
985,256
121,615,205
483,454,540 2,368,393,528
4,728,473 354,160
2,856,930,701
26,334,121 426,525
7,897,258 5,045,198 2,425,995 28,889,475 46,844,344
303,111 45,869,238
1,539,581 954,524
1,197,161 9,464,760 2,348,244 9,034,401 215,814,209 1,455,507
899,849 65,310,431 25,272,022
78,639,408 *3
237,116 1,114,431
Page C1-11
ACTUARIAL ACCRUED LIABILITY
10,568,787 7,312,912 8,963,637
15,753,110 2,203,104
119,253,041
516,967,640 2,542,658,107
7,150,880 535,584
3,067,312,211
30,061,004 530,264
9,652,900 6,303,236 2,851,108 40,058,069 44,382,559
303,070 45,884,222
1,290,628 751,826
1,524,419 12,197,393
2,573,006 9,362,267 278,116,546 1,692,891
951,104 61,889,449 31,045,437
77,521,281 *3
375,153 1,560,035
FUNDED RATIO
87.26% 102.60%
93.08% 86.06% 44.72%
101.98%
93.52% 93.15% 66.12% 66.13%
93.14%
87.60% 80.44%
81.81% 80.04% 85.09% 72.12% 105.55% 100.01% 99.97% 119.29% 126.96% 78.53% 77.60% 91.26% 96.50% 77.60% 85.98% 94.61% 105.53% 81.40%
101.44% *3
63.21% 71.44%
Appendix C-1: Listing of Local Retirement Plans - By Entity Name
NAME OF GOVERNMENT Housing Authority of the City of Covington Housing Authority of the City of Lavonia Housing Authority of the City of Mt. Vernon Housing Authority of the City of Vidalia Housing Authority of the City of Vienna Housing Authority of the City of Villa Rica Jackson County Water and Sewerage Authority Jasper County 911 Authority Jonesboro Housing Authority Lagrange Housing Authority Lagrange-Troup County Hospital Authority Liberty Consolidated Planning Commission Macon Water Authority Macon-Bibb County Transit Authority Metropolitan Atlanta Rapid Transit Authority
ATU Local 732 Union Plan Metropolitan Atlanta Rapid Transit Authority
Non-Represented Plan Middle Flint Regional E-911 Authority Newnan Water and Light Commission Northeast Georgia Housing Authority Polk County Water, Sewage and Solid Waste Authority Satilla Regional Water and Sewer Authority *1 Sinclair Water Authority Towns County Water and Sewerage Authority Unadilla Housing Authority Valdosta-Lowndes County Parks and Recreation Authority Walker County Water and Sewerage Authority
Combined Local Authorities
Combined Totals
ADMINISTRATOR ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer Single-Employer
Single-Employer
Single-Employer ACCG Single-Employer GMEBS Single-Employer ACCG ACCG GMEBS GMEBS GMEBS Single-Employer
ACTUARIAL VALUE OF PLAN ASSETS
793,209 707,253 171,246 341,148 266,933 1,011,579 843,142 509,415 3,498,958 1,176,565 60,373,126 1,177,165 *3 4,742,018
642,534,065
468,500,009 293,405
57,293,470 4,169,119 2,100,762 441,965 115,645 346,786 1,146,861 2,000,896 1,522,538
1,833,394,187
21,983,648,645
ACTUARIAL ACCRUED LIABILITY
916,744 831,073 209,292 228,059 238,590 974,938 1,786,801 588,555 4,003,325 1,238,181 68,802,991 1,192,431 *3 8,497,088
592,806,645
544,604,165 253,256
57,472,414 4,320,187 2,900,488 2,534,110 142,163 431,289 830,269 2,488,734 2,479,596
1,961,649,251
28,315,635,497
FUNDED RATIO
86.52% 85.10% 81.82% 149.59% 111.88% 103.76% 47.19% 86.55% 87.40% 95.02% 87.75% 98.72% *3 55.81%
108.39%
86.03% 115.85%
99.69% 96.50% 72.43% 17.44% 81.35% 80.41% 138.13% 80.40% 61.40%
93.46%
77.64%
*1 - New plan for this reporting period. *2 - No amounts reported since plan is maintained on a pay-as-you-go basis. Contributions to the plan are generally made at about the same time and in
about the same amount as benefit payments and expenses become due. This is allowable since the plan was closed prior to 1983. *3 - Government has not submitted all information required and is not in compliance with O.C.G.A. 47-1-3. *4 - Plan was transferred from a single-employer plan to ACCG or GMEBS since last report. Current year ACCG or GMEBS data presented when available. *5 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a City of Macon Plan *6 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a Bibb County Plan *7 - Since City of Atlanta General Employees Pension Fund includes certain employees of the Atlanta Board of Education, information is provided with City of Atlanta.
Page C1-12
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT
CITIES
Snellville Retirement Plan, City of Cartersville 2017 Retirement Plan, City of Suwanee Retirement Plan, City of Aragon Retirement Plan, City of Brooklet Retirement Plan, City of Gibson Retirement Plan, City of East Ellijay Retirement Plan, City of Buena Vista Retirement Plan, City of Tennille Retirement Plan, City of Blakely-Early County Department of
Recreation Retirement Plan Waleska Retirement Plan, City of Woodbine Retirement Plan, City of Lithonia Retirement Plan, City of Warrenton Retirement Plan, City of Hiawassee Retirement Plan, City of Ellijay Retirement Plan, City of Attapulgus Retirement Plan, City of Swainsboro Retirement Plan, City of Hagan Retirement Plan, City of Stone Mountain Retirement Plan, City of Commerce Retirement Plan, City of Centerville Retirement Plan, City of Cuthbert Retirement Plan, City of Enigma Retirement Plan, City of Duluth Retirement Plan, City of
Perry Retirement Plan, City of
Thomasville Retirement Plan, City of
Port Wentworth Retirement Plan, City of Smithville Retirement Plan, City of Guyton Retirement Plan, City of White Retirement Plan, City of Bloomingdale Retirement Plan, City of Hazlehurst Retirement Plan, City of Dalton Retirement Plan, City of Berlin Retirement Plan, City of Rincon Retirement Plan, City of Alamo Retirement Plan, City of Toccoa Retirement Plan, City of Tallapoosa Retirement Plan, City of
ADMINISTRATOR
GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
2,914,547 554,180
14,098,336 603,853 407,663 107,138
1,442,709 1,627,537 1,098,091
141,730 136,854 1,502,357 712,259 1,224,876 1,479,196 1,059,752 294,972 8,987,168 335,866 4,988,570 12,056,571 6,815,524 1,904,034 194,398 14,112,128 12,593,363 45,563,418 8,810,487 288,212 615,679 465,606 2,174,309 4,019,294 155,482,766 143,539 2,460,347 496,280 22,969,865 5,163,500
Page C2-1
ACTUARIAL ACCRUED LIABILITY
1,009,021 275,208
8,424,496 363,068 265,318 75,487
1,060,513 1,204,262
816,306
108,335 106,636 1,172,033 558,756 961,965 1,211,727 879,175 247,991 7,556,268 282,645 4,220,504 10,339,628 5,866,023 1,674,597 171,389 12,667,654 11,376,742 41,231,492 8,115,844 265,879 568,324 429,806 2,009,881 3,809,325 148,390,379 137,073 2,354,207 475,609 22,256,534 5,004,214
FUNDED RATIO
288.85% 201.37% 167.35% 166.32% 153.65% 141.93% 136.04% 135.15% 134.52%
130.83% 128.34% 128.18% 127.47% 127.33% 122.07% 120.54% 118.94% 118.94% 118.83% 118.20% 116.61% 116.19% 113.70% 113.43% 111.40% 110.69% 110.51% 108.56% 108.40% 108.33% 108.33% 108.18% 105.51% 104.78% 104.72% 104.51% 104.35% 103.21% 103.18%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Nahunta Retirement Plan, City of Trion Retirement Plan, City of Fairburn Retirement Plan, City of Lavonia Retirement Plan, City of Elberton Retirement Plan, City of Hiram Retirement Plan, City of Midville Retirement Plan, City of Adel Retirement Plan, City of Milledgeville Retirement Plan, City of Calhoun Retirement Plan, City of Warm Springs Retirement Plan, City of Kingsland Retirement Plan, City of Glennville Retirement Plan, City of Nicholls Retirement Plan, City of Hephzibah Retirement Plan, City of Oglethorpe Retirement Plan, City of Lake City Retirement Plan, City of Bowdon Retirement Plan, City of Summerville Retirement Plan, City of Richmond Hill Retirement Plan, City of Grovetown Retirement Plan, City of Madison Retirement Plan, City of Darien Retirement Plan, City of Stockbridge Retirement Plan, City of Danielsville Retirement Plan, City of Jackson Retirement Plan, City of Wadley Retirement Plan, City of Walthourville Retirement Plan, City of Baxley Retirement Plan, City of Sugar Hill Retirement Plan, City of Cochran Retirement Plan, City of Vienna Retirement Plan, City of Butler Retirement Plan, City of Whigham Retirement Plan, City of Norcross Retirement Plan, City of Gordon Retirement Plan, City of Menlo Retirement Plan, City of Greenville Retirement Plan, City of East Point Retirement Plan, City of Louisville Retirement Plan, City of Social Circle Retirement Plan, City of Emerson Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS
ACTUARIAL
VALUE OF
PLAN ASSETS 490,981
7,235,822 17,307,207
3,943,427 22,899,121
1,442,607 149,662
18,184,891 27,215,728 17,717,325
357,694 15,277,461
2,482,468 839,264 997,055
1,035,647 3,176,939 2,423,016 12,663,411 10,740,723 4,248,531 13,000,120 1,914,887 10,084,029
242,556 7,698,392 1,389,423
710,568 5,344,365 4,227,476 4,374,381 4,456,878
990,302 410,311 14,521,059 2,031,310 234,899 703,085 143,770,759 3,105,281 4,165,465 1,054,452
Page C2-2
ACTUARIAL
ACCRUED
LIABILITY 476,047
7,016,592 16,958,000
3,863,928 22,470,329
1,417,940 147,771
17,995,517 26,973,478 17,651,507
356,914 15,353,199
2,500,201 847,999
1,009,549 1,053,033 3,241,842 2,488,142 13,011,309 11,038,818 4,369,592 13,373,489 1,974,390 10,409,806
251,284 8,017,203 1,447,335
741,118 5,587,935 4,424,676 4,583,641 4,673,077 1,038,603
430,399 15,242,739
2,132,324 246,644 738,256
151,103,917 3,265,402 4,382,232 1,109,600
FUNDED
RATIO 103.14% 103.12% 102.06% 102.06% 101.91% 101.74% 101.28% 101.05% 100.90% 100.37% 100.22% 99.51% 99.29% 98.97% 98.76% 98.35% 98.00% 97.38% 97.33% 97.30% 97.23% 97.21% 96.99% 96.87% 96.53% 96.02% 96.00% 95.88% 95.64% 95.54% 95.43% 95.37% 95.35% 95.33% 95.27% 95.26% 95.24% 95.24% 95.15% 95.10% 95.05% 95.03%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Barnesville Retirement Plan, City of Douglas Retirement Plan, City of Morrow Retirement Plan, City of Dawson Retirement Plan, City of Powder Springs Retirement Plan, City of Soperton Retirement Plan, City of Jefferson Retirement Plan, City of Eatonton Retirement Plan, City of Doerun Retirement Plan, City of Royston Retirement Plan, City of Midway Retirement Plan, City of Montezuma Retirement Plan, City of Comer Retirement Plan, City of Mount Vernon Retirement Plan, City of Cumming Retirement Plan, City of Tybee Island Retirement Plan, City of Chatsworth Retirement Plan, City of Dahlonega Retirement Plan, City of Milton Retirement Plan, City of Millen Retirement Plan, City of Warner Robins Retirement Plan, City of Hogansville Retirement Plan, City of Patterson Retirement Plan, City of Pelham Retirement Plan, City of Auburn Retirement Plan, City of LaFayette Retirement Plan, City of Mount Zion Retirement Plan, City of Jonesboro Retirement Plan, City of Cairo Retirement Plan, City of Monticello Retirement Plan, City of Palmetto Retirement Plan, City of Nicholson Retirement Plan, City of Bremen Retirement Plan, City of Lookout Mountain Retirement Plan, City of Quitman Retirement Plan, City of Douglasville Retirement Plan, City of Lumpkin Retirement Plan, City of Manchester Retirement Plan, City of Lyons Retirement Plan, City of Moultrie Retirement Plan, City of Reidsville Retirement Plan, City of Ashburn Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS
ACTUARIAL
VALUE OF
PLAN ASSETS 10,263,070 38,669,426 17,619,205 4,236,129 5,010,120 1,158,195 6,825,993 4,844,044 821,218 2,195,036 895,473 4,469,965 347,166 1,046,787 21,211,711 10,679,936 3,128,753 7,314,694 11,762,781 3,377,605
124,910,574 2,666,226 248,669 3,892,647 2,321,599
14,074,701 456,879
2,780,215 15,049,630
3,317,422 4,043,621
218,736 4,181,269 1,557,299 3,922,936 38,652,432
654,665 5,325,551 2,727,910 13,265,299 1,079,021 2,567,104
Page C2-3
ACTUARIAL
ACCRUED
LIABILITY 10,841,371 41,082,141 18,720,038 4,517,771 5,348,300 1,238,418 7,299,860 5,190,192 880,736 2,355,308 966,924 4,838,489 376,133 1,134,471 22,996,330 11,607,695 3,400,864 7,964,738 12,826,704 3,689,169
136,461,800 2,917,376 272,141 4,260,735 2,541,672
15,413,337 500,435
3,045,765 16,507,988
3,639,578 4,439,385
240,606 4,599,514 1,714,224 4,318,445 42,552,215
720,784 5,896,749 3,023,754 14,708,569 1,197,410 2,855,999
FUNDED
RATIO 94.67% 94.13% 94.12% 93.77% 93.68% 93.52% 93.51% 93.33% 93.24% 93.20% 92.61% 92.38% 92.30% 92.27% 92.24% 92.01% 92.00% 91.84% 91.71% 91.55% 91.54% 91.39% 91.38% 91.36% 91.34% 91.32% 91.30% 91.28% 91.17% 91.15% 91.09% 90.91% 90.91% 90.85% 90.84% 90.84% 90.83% 90.31% 90.22% 90.19% 90.11% 89.88%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Loganville Retirement Plan, City of Chamblee Retirement Plan, City of Wrightsville Retirement Plan, City of Nashville Retirement Plan, City of Hampton Retirement Plan, City of Fitzgerald Retirement Plan, City of Senoia Retirement Plan, City of Peachtree City Retirement Plan, City of Sandersville Retirement Plan, City of Donalsonville Retirement Plan, City of Holly Springs Retirement Plan, City of Woodbury Retirement Plan, City of Gainesville Retirement Plan, City of Tyrone Retirement Plan, City of Alpharetta Retirement Plan, City of Franklin Retirement Plan, City of Remerton Retirement Plan, City of Marshallville Retirement Plan, City of Chester Retirement Plan, City of Cordele Retirement Plan, City of Camilla Retirement Plan, City of Rochelle Retirement Plan, City of Rockmart Retirement Plan, City of Pembroke Retirement Plan, City of Clarkesville Retirement Plan, City of Vidalia Retirement Plan, City of Jeffersonville Retirement Plan, City of Cleveland Retirement Plan, City of Sylvester Retirement Plan, City of Springfield Retirement Plan, City of Hinesville Retirement Plan, City of Washington Retirement Plan, City of Rossville Retirement Plan, City of Villa Rica Retirement Plan, City of Hartwell Retirement Plan, City of McRae-Helena Retirement Plan, City of Sky Valley Retirement Plan, City of Waynesboro Retirement Plan, City of Buchanan Retirement Plan, City of Buford Retirement Plan, City of Canton Retirement Plan, City of Eastman Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL
VALUE OF
PLAN ASSETS 17,840,568 18,346,723 537,516 2,811,285 4,786,791 12,914,187 1,651,876 43,821,939 7,554,271 3,624,794 2,740,803 891,679 7,985,453 2,597,675 96,520,761 700,665 1,253,516 322,914 144,385 12,680,680 7,712,381 1,003,896 7,654,669 1,667,618 2,096,664 7,942,600 314,172 1,770,556 8,645,032 1,186,644 23,141,488 8,091,680 1,856,772 7,601,385 6,344,819 3,521,327 676,224 3,725,515 794,731 20,669,708 14,782,085 4,199,157
Page C2-4
ACTUARIAL
ACCRUED
LIABILITY 19,874,084 20,439,500 599,394 3,134,961 5,341,605 14,472,755 1,857,811 49,392,772 8,526,340 4,098,092 3,099,954 1,008,570 9,032,669 2,938,454
109,467,822 796,802
1,425,578 367,804 164,508
14,459,526 8,795,609 1,149,032 8,764,445 1,909,982 2,405,178 9,116,056 361,339 2,038,774 9,986,421 1,372,688
26,818,583 9,381,512 2,158,473 8,847,294 7,392,888 4,104,211 788,764 4,352,351 930,411
24,207,323 17,327,154
4,927,944
FUNDED
RATIO 89.77% 89.76% 89.68% 89.68% 89.61% 89.23% 88.92% 88.72% 88.60% 88.45% 88.41% 88.41% 88.41% 88.40% 88.17% 87.93% 87.93% 87.80% 87.77% 87.70% 87.68% 87.37% 87.34% 87.31% 87.17% 87.13% 86.95% 86.84% 86.57% 86.45% 86.29% 86.25% 86.02% 85.92% 85.82% 85.80% 85.73% 85.60% 85.42% 85.39% 85.31% 85.21%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Reynolds Retirement Plan, City of Davisboro Retirement Plan, City of Statesboro Retirement Plan, City of Dawsonville Retirement Plan, City of Blairsville Retirement Plan, City of Savannah Employees' Retirement Plan, City of Austell Retirement Plan, City of Greensboro Retirement Plan, City of Wrens Retirement Plan, City of Tifton Retirement Plan, City of Union Point Retirement Plan, City of Hawkinsville Retirement Plan, City of Adairsville Retirement Plan, City of Leesburg Retirement Plan, City of Blackshear Retirement Plan, City of Mount Airy Retirement Plan, City of Thomson Retirement Plan, City of Harlem Retirement Plan, City of Lincolnton Retirement Plan, City of Woodstock Retirement Plan, City of Byron Retirement Plan, City of Blue Ridge Retirement Plan, City of Monroe Retirement Plan, City of Decatur Retirement Plan, City of LaGrange Retirement Plan, City of Whitesburg Retirement Plan, City of Abbeville Retirement Plan, City of Cave Spring Retirement Plan, City of Kennesaw Retirement Plan, City of Jesup Retirement Plan, City of Hahira Retirement Plan, City of Claxton Retirement Plan, City of Pine Mountain Retirement Plan, City of Cartersville Retirement Plan, City of Cornelia Retirement Plan, City of Temple Retirement Plan, City of Colquitt Retirement Plan, City of Roswell Retirement Plan, City of Bainbridge Retirement Plan, City of Dublin Retirement Plan, City of Avondale Estates Retirement Plan, City of Garden City Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL
VALUE OF
PLAN ASSETS 695,690 571,891
32,185,766 689,862
2,549,794 461,562,071
13,290,550 4,402,827 2,565,334
27,046,541 1,138,616 3,450,726 3,986,635 1,548,123 1,908,168 832,134 8,648,712 2,180,019 522,915
16,008,506 9,064,749 1,932,546
27,608,951 49,376,842 48,742,768
550,693 358,510 737,520 22,393,181 12,253,227 1,083,442 3,222,445 1,094,437 60,185,635 5,294,670 889,184 2,591,283 98,042,118 11,752,061 29,608,131 2,492,094 9,567,963
Page C2-5
ACTUARIAL
ACCRUED
LIABILITY 816,482 671,567
37,861,590 813,410
3,012,532 545,425,727
15,733,746 5,214,356 3,038,920
32,048,853 1,349,419 4,105,537 4,751,853 1,845,300 2,282,790 996,416
10,358,773 2,612,577 627,339
19,217,598 10,894,917
2,325,025 33,247,715 59,490,670 58,850,850
665,823 433,585 893,007 27,118,644 14,879,791 1,321,925 3,951,565 1,342,723 74,158,055 6,526,868 1,097,282 3,199,364 121,067,279 14,525,198 36,624,651 3,088,575 11,914,857
FUNDED
RATIO 85.21% 85.16% 85.01% 84.81% 84.64% 84.62% 84.47% 84.44% 84.42% 84.39% 84.38% 84.05% 83.90% 83.90% 83.59% 83.51% 83.49% 83.44% 83.35% 83.30% 83.20% 83.12% 83.04% 83.00% 82.82% 82.71% 82.69% 82.59% 82.57% 82.35% 81.96% 81.55% 81.51% 81.16% 81.12% 81.04% 80.99% 80.98% 80.91% 80.84% 80.69% 80.30%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Atlanta Firefighter's Pension Fund Waycross Retirement Plan, City of Locust Grove Retirement Plan, City of Willacoochee Retirement Plan, City of Canon Retirement Plan, City of Smyrna Retirement Plan, City of Roberta Retirement Plan, City of Conyers Retirement Plan, City of Lake Park Retirement Plan, City of Portal Retirement Plan, City of Bowman Retirement Plan, City of Covington Retirement Plan, City of Lenox Retirement Plan, City of Acworth Retirement Plan, City of Riceboro Retirement Plan, City of Alma Retirement Plan, City of Rome Retirement Plan, City of Fort Oglethorpe Retirement Plan, City of College Park Retirement Plan, City of Winder Retirement Plan, City of Hapeville Retirement Plan, City of *4 Atlanta Police Officer's Pension Fund Fayetteville Retirement Plan, City of Union City Retirement Plan, City of Fort Valley Retirement Plan, City of Demorest Retirement Plan, City of Oxford Retirement Plan, City of Thomaston Retirement Plan, City of Newnan Retirement Plan, City of Chickamauga Retirement Plan, City of Blakely Retirement Plan, City of West Point Retirement Plan, City of Sylvania Retirement Plan, City of Broxton Retirement Plan, City of Pooler Retirement Plan, City of McDonough Retirement Plan, City of Dallas Retirement Plan, City of Clarkston Retirement Plan, City of Jasper Retirement Plan, City of Forsyth Retirement Plan, City of Carnesville Retirement Plan, City of
ADMINISTRATOR Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACTUARIAL
VALUE OF
PLAN ASSETS 798,950,600 24,933,149 3,446,648 784,251 221,306 58,499,576 865,542 22,711,962 585,466 261,233 321,656 56,305,468 691,668 14,534,636 471,009 4,581,735 78,407,828 8,743,087 83,779,249 18,880,054 23,695,351
1,293,422,842 21,238,909 22,583,642 4,464,743 1,477,934 1,026,351 9,413,203 24,618,716 2,296,000 6,360,548 8,323,418 6,140,184 259,021 22,092,052 13,716,206 5,396,447 4,624,105 4,338,061 6,076,518 236,885
Page C2-6
ACTUARIAL
ACCRUED
LIABILITY 996,199,918 31,139,373 4,305,023 980,962 277,546 73,403,546 1,086,108 28,511,544 735,493 330,225 407,048 71,585,050 884,345 18,599,082 602,810 5,871,895 100,657,508 11,238,029 107,711,110 24,436,512 30,735,415
1,680,751,189 27,700,169 29,503,021 5,858,933 1,939,481 1,353,374 12,422,697 32,576,317 3,042,155 8,496,949 11,160,589 8,253,183 348,211 29,723,543 18,659,202 7,354,443 6,331,121 5,947,322 8,345,884 326,792
FUNDED
RATIO 80.20% 80.07% 80.06% 79.95% 79.74% 79.70% 79.69% 79.66% 79.60% 79.11% 79.02% 78.66% 78.21% 78.15% 78.14% 78.03% 77.90% 77.80% 77.78% 77.26% 77.09% 76.96% 76.67% 76.55% 76.20% 76.20% 75.84% 75.77% 75.57% 75.47% 74.86% 74.58% 74.40% 74.39% 74.33% 73.51% 73.38% 73.04% 72.94% 72.81% 72.49%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Atlanta General Employees Pension Fund
General Employees of the City of Atlanta Griffin Retirement Plan, City of Americus Retirement Plan, City of St. Marys Retirement Plan, City of Flowery Branch Retirement Plan, City of Cedartown Retirement Plan, City of Gainesville Retirement Plan A, City of Dacula Retirement Plan, City of Marietta Retirement Plan, City of Ellaville Retirement Plan, City of Carrollton Retirement Plan, City of Gray Retirement Plan, City of Thunderbolt Retirement Plan, City of Ocilla Retirement Plan, City of Brunswick Retirement Plan, City of Albany Retirement Plan, City of Oakwood Retirement Plan, City of Valdosta Retirement Plan, City of Lovejoy Retirement Plan, City of Ball Ground Retirement Plan, City of Atlanta General Employees Pension Fund
Employees of the Atlanta Board of Education Lakeland Retirement Plan, City of *1 Grantville Retirement Plan, City of *1 Braselton Retirement Plan, City of *1 Calhoun Retirement Plan, City of Savannah Pension Plan 2 Clayton Retirement Plan, City of Doraville Retirement Plan, City of
Combined Cities
COUNTIES
Forsyth County Defined Benefit Plan Jasper County Pension Plan Evans County Pension Plan *4 Jenkins County Pension Plan Pulaski County Pension Plan Clinch County Pension Plan Upson County Pension Plan Elbert County Pension Plan Haralson County Pension Plan
ADMINISTRATOR Single-Employer
GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS GMEBS GMEBS GMEBS
GMEBS GMEBS GMEBS Single-Employer Single-Employer Single-Employer Single-Employer
Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACTUARIAL VALUE OF PLAN ASSETS
1,435,548,631 75,481,164 14,458,630 629,558 1,253,288 13,898,257
118,763,536 1,185,454
137,541,398 1,045,987
29,709,239 1,327,009 1,502,513 1,576,816
12,957,364 135,926,394
4,336,452 51,748,394
687,326 198,296
186,720,491 87,643 2,500 0
*2 *2 *3 *3
7,385,216,197
24,839,491 4,754,528 2,886,142 3,141,533 1,705,425 1,165,912 9,367,980
20,534,437 8,680,462
Page C2-7
ACTUARIAL ACCRUED LIABILITY
1,981,486,815 104,266,254 19,978,276 874,849 1,759,243 19,820,244 170,300,973 1,701,519 202,460,789 1,544,659 43,979,120 2,003,277 2,269,349 2,413,390 19,836,786 211,727,709 6,914,873 101,339,576 1,398,563 469,260
523,721,088 547,936 390,490
2,553,650 *2 *2 *3 *3
9,594,054,616
21,001,697 4,271,756 2,718,561 3,181,698 1,730,948 1,189,319 9,801,615
22,060,332 9,345,246
FUNDED RATIO
72.45% 72.39% 72.37% 71.96% 71.24% 70.12% 69.74% 69.67% 67.93% 67.72% 67.55% 66.24% 66.21% 65.34% 65.32% 64.20% 62.71% 51.06% 49.15% 42.26%
35.65% 16.00%
0.64% 0.00% *2 *2 *3 *3
76.98%
118.27% 111.30% 106.16%
98.74% 98.53% 98.03% 95.58% 93.08% 92.89%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Chatham County Employees' Retirement Plan Oglethorpe County Pension Plan Glynn County Board of Commissioners Pension Plan Dougherty County Pension Plan Heard County Pension Plan Franklin County Pension Plan Thomas County Pension Plan Banks County Pension Plan Coffee County Pension Plan Habersham County Pension Plan Marion County Pension Plan Crawford County Pension Plan Miller County Pension Plan Grady County Pension Plan Hancock County Pension Plan Toombs County Pension Plan Appling County Pension Plan Morgan County Pension Plan Wilcox County Pension Plan Gwinnett County Pension Plan Seminole County Pension Plan Wilkinson County Pension Plan Brooks County Pension Plan Warren County Pension Plan Rabun County Pension Plan Jeff Davis County Pension Plan McDuffie County Pension Plan Ben Hill County Pension Plan Lamar County Pension Plan Colquitt County Pension Plan Fulton County Employees' Pension Plan Sumter County Pension Plan Bacon County Pension Plan McIntosh County Pension Plan Whitfield County Pension Plan Madison County Pension Plan Bleckley County Pension Plan Charlton County Pension Plan Monroe County Pension Plan Telfair County Pension Plan Early County Pension Plan Murray County Pension Plan
ADMINISTRATOR Single-Employer ACCG Single-Employer Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACTUARIAL
VALUE OF
PLAN ASSETS 332,473,061 3,104,777 120,421,979 68,916,049 3,847,307 13,088,326 20,540,026 758,865 16,391,626 11,155,251 899,787 3,409,180 1,899,431 4,619,468 6,452,061 6,936,307 13,062,602 15,111,513 1,836,641
1,277,713,000 3,812,367 6,777,062 4,253,543 1,508,777
10,501,117 5,187,749
10,835,207 6,085,054 5,698,173
20,074,951 1,491,220,910
5,632,603 1,991,904 5,774,607 45,785,641 9,987,380 3,353,182 5,602,674 28,408,294 2,557,868 6,746,338 12,305,576
Page C2-8
ACTUARIAL
ACCRUED
LIABILITY 363,880,973 3,414,573 133,005,281 76,177,722 4,262,514 14,758,228 23,217,771 872,975 19,231,683 13,159,930 1,064,575 4,089,133 2,297,979 5,595,078 7,820,944 8,411,190 15,911,964 18,422,857 2,251,843
1,567,610,426 4,684,694 8,345,521 5,255,390 1,869,573
13,168,588 6,514,528
13,610,520 7,700,268 7,213,792
25,451,985 1,893,045,684
7,162,595 2,533,630 7,367,761 58,769,741 12,830,749 4,326,892 7,236,325 36,716,110 3,313,242 8,760,843 16,009,079
FUNDED
RATIO 91.37% 90.93% 90.54% 90.47% 90.26% 88.68% 88.47% 86.93% 85.23% 84.77% 84.52% 83.37% 82.66% 82.56% 82.50% 82.47% 82.09% 82.03% 81.56% 81.51% 81.38% 81.21% 80.94% 80.70% 79.74% 79.63% 79.61% 79.02% 78.99% 78.87% 78.77% 78.64% 78.62% 78.38% 77.91% 77.84% 77.50% 77.42% 77.37% 77.20% 77.01% 76.87%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Decatur County Pension Plan Polk County Pension Plan Houston County Pension Plan Lincoln County Pension Plan Laurens County Pension Plan Fannin County Pension Plan Putnam County Pension Plan Barrow County Pension Plan Lee County Pension Plan Tattnall County Pension Plan Ware County Pension Plan Jones County Pension Plan Greene County Pension Plan Harris County Pension Plan Peach County Pension Plan Fayette County Pension Plan Crisp County Pension Plan Oconee County Pension Plan Treutlen County Pension Plan Washington County Pension Plan Tift County Pension Plan Dawson County Pension Plan Troup County Pension Plan Floyd County Pension Plan Lowndes County Pension Plan Bryan County Pension Plan Mitchell County Pension Plan Walker County Commissioners' & Sheriff's
Department Defined Benefit Pension Plan Dooly County Pension Plan Turner County Pension Plan Coweta County Pension Plan Jackson County Pension Plan Walton County Pension Plan Henry County Pension Plan Newton County Pension Plan Rockdale County Pension Plan Dodge County Pension Plan Clayton County Pension Plan Paulding County Pension Plan Spalding County Pension Plan Burke County Pension Plan
ADMINISTRATOR ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
Single-Employer ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG ACCG
ACTUARIAL VALUE OF PLAN ASSETS
12,970,852 19,752,073 117,594,014
4,456,474 13,688,855 14,603,333 17,180,416 34,440,501
9,433,729 8,422,636 2,116,874 12,882,774 8,653,053 17,147,424 15,988,304 56,470,682 21,588,091 26,398,839 1,264,602 13,918,798 38,306,417 6,621,732 48,201,872 70,399,705 58,308,217 15,286,996 8,015,159
5,746,015 3,853,348 5,492,283 80,762,501 20,225,216 32,687,522 211,246,099 4,105,414 71,139,716 1,053,476 501,131,466 52,771,946 34,945,738 27,622,547
Page C2-9
ACTUARIAL ACCRUED LIABILITY
16,890,068 25,812,706 153,987,208
5,846,027 18,030,818 19,244,354 22,891,895 45,923,988 12,597,572 11,278,904
2,844,269 17,370,686 11,682,823 23,219,353 21,757,006 77,144,400 29,762,611 36,514,466
1,751,579 19,340,193 53,252,797
9,206,617 68,135,541 99,707,345 82,972,632 21,921,554 11,511,515
8,355,362 5,603,531 8,095,630 119,117,368 30,172,532 49,250,378 318,528,872 6,308,655 109,369,114 1,636,667 782,922,539 83,359,915 55,250,258 43,968,002
FUNDED
RATIO 76.80% 76.52% 76.37% 76.23% 75.92% 75.88% 75.05% 74.99% 74.89% 74.68% 74.43% 74.16% 74.07% 73.85% 73.49% 73.20% 72.53% 72.30% 72.20% 71.97% 71.93% 71.92% 70.74% 70.61% 70.27% 69.74% 69.63%
68.77% 68.77% 67.84% 67.80% 67.03% 66.37% 66.32% 65.08% 65.05% 64.37% 64.01% 63.31% 63.25% 62.82%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Carroll County Pension Plan Bartow County Pension Plan Lumpkin County Pension Plan Cobb County Board of Commissioners
Retirement Income Plan Wilkes County Pension Plan Baldwin County Pension Plan Hall County Pension Plan Douglas County Pension Plan Butts County Pension Plan DeKalb County Pension Plan Cherokee County Pension Plan Liberty County Pension Plan Pickens County Pension Plan Schley County Pension Plan Douglas County Employee Defined Benefit Plan
Combined Counties
CONSOLIDATED GOVERNMENTS
Macon-Bibb County Fire & Police Retirement System *5 Augusta Richmond County
Planning Commission Retirement Plan Columbus Consolidated Government
Employees' Pension Plan Macon-Bibb County Pension Plan Division A *5 Columbus Consolidated Government Plan for
Employees of the Department of Public Safety Augusta General Retirement Plan 1949 Athens-Clarke County Employees' Pension Plan Richmond County Employee Pension Fund 1945 Augusta Richmond County Retirement Plan Georgetown-Quitman Unified County Retirement Plan Macon-Bibb County Pension Plan *6 Augusta City Employees Pension Plan Augusta Firemen's Pension Fund Augusta Policemen's Pension Fund
Combined Consolidated Governments
REGIONAL COMMISSIONS
Atlanta RC Retirement Plan *4 Northeast Georgia RC Retirement Plan Georgia Mountains RC Retirement Plan
ADMINISTRATOR ACCG ACCG ACCG
Single-Employer ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG Single-Employer
Single-Employer
GMEBS
Single-Employer Single-Employer
Single-Employer Single-Employer, Closed Single-Employer Single-Employer, Closed GMEBS GMEBS Single-Employer Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed
ACCG GMEBS GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
1,794,498 90,966,902
5,168,081
866,464,523 2,949,273
24,304,115 30,722,283 86,481,963 14,521,958 1,438,045,946 119,708,808 29,176,581 12,687,648
289,668 *2 8,143,992,100
297,979,744
3,148,438
264,098,495 96,783,068
285,101,183 75,899,066
287,970,006 6,040,258
195,733,923 131,424
129,614,650 *2 *2 *2
1,642,500,255
66,115,182 7,503,055 7,366,069
Page C2-10
ACTUARIAL ACCRUED LIABILITY
2,864,641 145,566,267
8,361,255
1,433,557,115 4,893,402
41,126,502 53,225,900 150,784,457 25,772,980 2,583,393,670 218,177,336 53,341,362 23,307,538
633,157 *2
11,800,189,653
237,623,819
2,837,977
259,327,260 101,263,472
302,050,900 82,231,391
325,873,521 7,069,608
246,058,828 186,162
208,653,787 *2 *2 *2
1,773,176,725
57,205,397 7,312,912 7,595,110
FUNDED RATIO
62.64% 62.49% 61.81%
60.44% 60.27% 59.10% 57.72% 57.35% 56.35% 55.66% 54.87% 54.70% 54.44% 45.75% *2 69.02%
125.40%
110.94%
101.84% 95.58%
94.39% 92.30% 88.37% 85.44% 79.55% 70.60% 62.12% *2 *2 *2 92.63%
115.58% 102.60%
96.98%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Northwest Georgia RC Retirement Plan Heart of Georgia - Altamaha RC Retirement Plan Middle Georgia RC Retirement Plan Southern Georgia RC Retirement Plan Coastal Georgia RC Retirement Plan Southwest Georgia RC Retirement Plan
Combined Regional Commissions
LOCAL BOARDS OF EDUCATION
Fulton County School Employees' Pension Fund Gwinnett County Board of Education Retirement System City of Atlanta Board of Education - Superintendent Plan *7 Polk County Board of Education Retirement System
Combined Local Boards of Education
LOCAL AUTHORITIES
Housing Authority of the City of Vidalia Unadilla Housing Authority Eatonton-Putnam Water and Sewer Authority Dublin-Laurens County Recreation Authority Middle Flint Regional E-911 Authority Housing Authority of the City of Vienna Metropolitan Atlanta Rapid Transit Authority
ATU Local 732 Union Plan Cobb County-Marietta Water Authority Henry County Water Authority Housing Authority of the City of Villa Rica Hospital Authority of Valdosta and
Lowndes County, Georgia Development Authority of Appling County Douglasville-Douglas County Water and Sewer Authority Newnan Water and Light Commission Liberty Consolidated Planning Commission Northeast Georgia Housing Authority Fort Valley Utilities Commission Lagrange Housing Authority Heard County Water Authority Flint Area Consolidated Housing Authority Lagrange-Troup County Hospital Authority Austell Gas System Jonesboro Housing Authority
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer
Single-Employer Single-Employer Single-Employer Single-Employer
GMEBS GMEBS GMEBS GMEBS ACCG GMEBS
Single-Employer Single-Employer GMEBS GMEBS
Single-Employer ACCG GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS
ACTUARIAL VALUE OF PLAN ASSETS
8,343,752 4,935,860 9,221,999 13,556,995 3,587,037
985,256
121,615,205
483,454,540 2,368,393,528
354,160 4,728,473
2,856,930,701
341,148 1,146,861
954,524 1,539,581
293,405 266,933
642,534,065 46,844,344 65,310,431 1,011,579
78,639,408 303,111
45,869,238 57,293,470
1,177,165 4,169,119 9,034,401 1,176,565
899,849 2,348,244 60,373,126 26,334,121 3,498,958
Page C2-11
ACTUARIAL ACCRUED LIABILITY
8,963,637 5,426,965 10,568,787 15,753,110 4,224,019 2,203,104
119,253,041
516,967,640 2,542,658,107
535,584 7,150,880
3,067,312,211
228,059 830,269 751,826 1,290,628 253,256 238,590
592,806,645 44,382,559 61,889,449 974,938
77,521,281 303,070
45,884,222 57,472,414
1,192,431 4,320,187 9,362,267 1,238,181
951,104 2,573,006 68,802,991 30,061,004 4,003,325
FUNDED RATIO
93.08% 90.95% 87.26% 86.06% 84.92% 44.72%
101.98%
93.52% 93.15% 66.13% 66.12%
93.14%
149.59% 138.13% 126.96% 119.29% 115.85% 111.88%
108.39% 105.55% 105.53% 103.76%
101.44% 100.01%
99.97% 99.69% 98.72% 96.50% 96.50% 95.02% 94.61% 91.26% 87.75% 87.60% 87.40%
Appendix C-2: Listing of Local Retirement Plans - By Funded Ratio
NAME OF GOVERNMENT Jasper County 911 Authority Housing Authority of the City of Covington Metropolitan Atlanta Rapid Transit Authority
Non-Represented Plan Haralson County Water Authority Housing Authority of the City of Lavonia Chatsworth Water Commission Housing Authority of the City of Mt. Vernon Brunswick-Glynn County Joint
Water and Sewer Commission Hospital Authority of Floyd County Sinclair Water Authority Bainbridge Decatur County Recreation Authority Towns County Water and Sewerage Authority Valdosta-Lowndes County Parks and Recreation Authority Carroll County Water Authority Ellijay-Gilmer County Water and Sewerage Authority Fulton-DeKalb Hospital Authority Fitzgerald Water, Light, and Bond Commission Polk County Water, Sewage and Solid Waste Authority Cherokee County Water and Sewerage Authority Housing Authority of the City of Conyers Housing Authority of the City of Clayton, Georgia Walker County Water and Sewerage Authority Macon-Bibb County Transit Authority Jackson County Water and Sewerage Authority Satilla Regional Water and Sewer Authority *1 Hospital Authority of Washington County
Macon Water Authority
ADMINISTRATOR GMEBS ACCG
Single-Employer ACCG GMEBS GMEBS GMEBS
GMEBS Single-Employer ACCG GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS ACCG Single-Employer Single-Employer
ACTUARIAL VALUE OF PLAN ASSETS
509,415 793,209
468,500,009 1,455,507 707,253 2,425,995 171,246
7,897,258 25,272,022
115,645 426,525 346,786 2,000,896 5,045,198 1,197,161 215,814,209 9,464,760 2,100,762 28,889,475 1,114,431 237,116 1,522,538 4,742,018 843,142 441,965 *3 *3
ACTUARIAL ACCRUED LIABILITY
588,555 916,744
544,604,165 1,692,891 831,073 2,851,108 209,292
9,652,900 31,045,437
142,163 530,264 431,289 2,488,734 6,303,236 1,524,419 278,116,546 12,197,393 2,900,488 40,058,069 1,560,035 375,153 2,479,596 8,497,088 1,786,801 2,534,110 *3 *3
FUNDED RATIO
86.55% 86.52%
86.03% 85.98% 85.10% 85.09% 81.82% 81.81% 81.81% 81.40% 81.35% 80.44% 80.41% 80.40% 80.04% 78.53% 77.60% 77.60% 72.43% 72.12% 71.44% 63.21% 61.40% 55.81% 47.19% 17.44% *3 *3
Combined Local Authorities Combined Totals
1,833,394,187 21,983,648,645
1,961,649,251 28,315,635,497
93.46% 77.64%
*1 - New plan for this reporting period. *2 - No amounts reported since plan is maintained on a pay-as-you-go basis. Contributions to the plan are generally made at about the same time and in
about the same amount as benefit payments and expenses become due. This is allowable since the plan was closed prior to 1983. *3 - Government has not submitted all information required and is not in compliance with O.C.G.A. 47-1-3. *4 - Plan was transferred from a single-employer plan to ACCG or GMEBS since last report. Current year ACCG or GMEBS data presented when available. *5 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a City of Macon Plan *6 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a Bibb County Plan *7 - Since City of Atlanta General Employees Pension Fund includes certain employees of the Atlanta Board of Education, information is provided with City of Atlanta.
Page C2-12
APPENDIX D
HISTORICAL TREND DATA OF FUNDED RATIO
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT
CITIES
Abbeville Retirement Plan, City of Acworth Retirement Plan, City of Adairsville Retirement Plan, City of Adel Retirement Plan, City of Alamo Retirement Plan, City of Albany Pension Plan, City of Alma Retirement Plan, City of Alpharetta Retirement Plan, City of Americus Retirement Plan, City of Aragon Retirement Plan, City of Ashburn Retirement Plan, City of Atlanta Firefighters' Pension Fund Atlanta General Employees Pension Fund
General Employees of the City of Atlanta Employees of the Atlanta Board of Education Atlanta Police Officers' Pension Fund Attapulgus Retirement Plan, City of Auburn Retirement Plan, City of Austell Retirement Plan, City of Avondale Estates Retirement Plan, City of Bainbridge Retirement Plan, City of Ball Ground Retirement Plan, City of Barnesville Retirement Plan, City of Baxley Retirement Plan, City of Berlin Retirement Plan, City of Blackshear Retirement Plan, City of Blairsville Retirement Plan, City of Blakely-Early County Department of Recreation Retirement Plan Blakely Retirement Plan, City of Bloomingdale Defined Benefit Plan, City of Blue Ridge Retirement Plan, City of Bowdon Retirement Plan, City of Bowman Retirement Plan, City of Braselton Retirement Plan, City of *1 Bremen Retirement Plan, City of Brooklet Retirement Plan, City of Broxton Retirement Plan, City of Brunswick Retirement Plan, City of Buchanan Retirement Plan, City of Buena Vista Retirement Plan, City of Buford Retirement Plan, City of
ADMINISTRATOR
GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer Single-Employer
Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS
FUNDED RATIO FROM APPENDIX C
82.69% 78.15% 83.90% 101.05% 104.35% 64.20% 78.03% 88.17% 72.37% 166.32% 89.88% 80.20%
72.45% 35.65% 76.96% 118.94% 91.34% 84.47% 80.69% 80.91% 42.26% 94.67% 95.64% 104.72% 83.59% 84.64%
130.83% 74.86%
108.18% 83.12% 97.38% 79.02% 0.00% -90.91%
153.65% 74.39% 65.32% 85.42%
135.15% 85.39%
Page D-1
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
76.37% 77.44% 79.88% 100.19% 100.83% 58.70% 75.06% 84.84% 86.43% 163.03% 93.36% 74.23%
69.41% 32.48% 77.62% 110.55% 94.41% 86.38% 86.83% 82.00% 20.00% 92.95% 98.34% 108.27% 81.99% 91.16%
152.98% 78.58% 96.97% 83.17% 99.38% 77.40%
Not Applicable 91.29%
139.70% 77.98% 60.16% 90.41%
126.62% 75.51%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
73.49% 82.22% 102.61% 93.57% 109.73% 58.84% 72.52% 85.71% 86.67% 155.05% 91.65% 74.74%
67.03% 25.70% 77.02% 108.98% 95.71% 106.95% 85.81% 85.86% 31.86% -94.90% 104.66% 111.85% 85.99% 95.39%
169.93% 84.10%
150.73% 88.16%
100.27% 75.34%
Not Applicable 90.87%
136.74% 82.70% 56.54% 90.96%
137.57% 82.50%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
73.99% 86.07% 100.27% 87.79% 111.77% 67.59% 68.44% 85.78% 84.18% 147.27% 93.46% 78.34%
57.82% 20.31% 78.83% 106.00% 97.40% 104.17% 79.13% 84.88% Not Applicable 94.15% 95.38% 102.41% 86.51% 98.25%
170.39% 83.54% 91.93% 86.09% 93.65% 75.06%
Not Applicable 91.01%
103.86% 80.22% 52.11% 93.70%
137.92% 65.58%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Butler Retirement Plan, City of Byron Retirement Plan, City of Cairo Retirement Plan, City of Calhoun Retirement Plan, City of Calhoun Retirement Plan, City of Camilla Retirement Plan, City of Canon Retirement Plan, City of Canton Retirement Plan, City of Carnesville Retirement Plan, City of Carrollton Retirement Plan, City of Cartersville Retirement Plan, City of Cartersville 2017 Retirement Plan, City of Cave Spring Retirement Plan, City of Cedartown Retirement Plan, City of Centerville Retirement Plan, City of Chamblee Retirement Plan, City of Chatsworth Retirement Plan, City of Chester Retirement Plan, City of Chickamauga Retirement Plan, City of Clarkesville Retirement Plan, City of Clarkston Retirement Plan, City of Claxton Retirement Plan, City of Clayton Employees' Retirement Plan Cleveland Retirement Plan, City of Cochran Retirement Plan, City of College Park Retirement Plan, City of Colquitt Retirement Plan, City of Comer Retirement Plan, City of Commerce Retirement Plan, City of Conyers Retirement Plan, City of Cordele Retirement Plan, City of Cornelia Retirement Plan, City of Covington Retirement Plan, City of Cumming Retirement Plan, City of Cuthbert Retirement Plan, City of Dacula Retirement Plan, City of Dahlonega Retirement Plan, City of Dallas Retirement Plan, City of Dalton Employees Pension Plan, City of Danielsville Retirement Plan, City of Darien Retirement Plan, City of Davisboro Retirement Plan, City of Dawson Retirement Plan, City of Dawsonville Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS Single-Employer, Closed GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS
FUNDED RATIO FROM APPENDIX C
95.35% 83.20% 91.17% 100.37% *2 87.68% 79.74% 85.31% 72.49% 67.55% 81.16% 201.37% 82.59% 70.12% 116.19% 89.76% 92.00% 87.77% 75.47% 87.17% 73.04% 81.55% *3 86.84% 95.43% 77.78% 80.99% 92.30% 116.61% 79.66% 87.70% 81.12% 78.66% 92.24% 113.70% 69.67% 91.84% 73.38% 104.78% 96.53% 96.99% 85.16% 93.77% 84.81%
Page D-2
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
94.34% 81.07% 89.39% 97.37% *2 89.55% 86.89% 81.83% 76.17% 80.62% 77.21% 121.29% 87.61% 76.40% 119.20% 94.02% 96.69% 91.39% 82.61% 91.64% 70.37% 76.60% 62.22% 88.12% 96.68% 79.73% 80.94% 94.69% 116.65% 78.54% 87.13% 81.92% 72.52% 91.42% 116.36% 77.64% 86.56% 77.14% 89.30% 101.95% 90.12% 83.59% 96.96% 93.09%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
95.55% 81.16% 88.53% 97.03% *2 95.65% 87.89% 84.73% 71.97% 82.82% 81.40% 328.14% -90.06% 79.53% 120.03% 97.53% 100.13% 124.15% 118.73% 95.61% 69.82% 74.75% 68.61% 90.27% 96.97% 79.64% 95.95% 96.04% 115.48% 80.39% 94.33% 86.69% 77.12% 96.39% 93.14% 84.14% 90.41% 83.05% 82.35% 100.98% 91.30% 72.74% 101.16% 101.19%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
98.43% 82.55% 83.78% 95.48% *2 96.43% 72.54% 85.03% 66.78% 84.43% 79.95% Not Applicable 101.45% 77.51% 117.56% 98.95% 99.32% 88.96% 96.06% 94.09% 93.82% 71.28% 70.35% 85.01% -94.46% 80.17% 73.38% 93.32% 108.65% 79.51% 95.15% 84.63% 70.72% 96.81% 99.95% 83.42% 87.22% 88.92% 74.24% 106.07% 89.82% 76.69% 97.81% 90.01%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Decatur Employees' Retirement System Demorest Retirement Plan, City of Doerun Retirement Plan, City of Donalsonville Retirement Plan, City of Doraville Retirement Plan, City of Douglas Retirement Plan, City of Douglasville Retirement Plan, City of Dublin Retirement Plan, City of Duluth Retirement Plan, City of East Ellijay Retirement Plan, City of East Point Retirement Plan, City of Eastman Retirement Plan, City of Eatonton Retirement Plan, City of Elberton Retirement Plan, City of Ellaville Retirement Plan, City of Ellijay Retirement Plan, City of Emerson Retirement Plan, City of Enigma Retirement Plan, Town of Fairburn Retirement Plan, City of Fayetteville Retirement Plan, City of Fitzgerald Retirement Plan, City of Flowery Branch Retirement Plan, City of Forsyth Retirement Plan for Employees, City of Fort Oglethorpe Retirement Plan, City of Fort Valley Retirement Plan, City of Franklin Retirement Plan, City of Gainesville Retirement Plan, City of Gainesville Retirement Plan A, City of Garden City Retirement Plan, City of Gibson Retirement Plan, City of Glennville Retirement Plan, City of Gordon Retirement Plan, City of Grantville Retirement Plan, City of *1 Gray Retirement Plan, City of Greensboro Retirement Plan, City of Greenville Retirement Plan, City of Griffin Retirement Plan, City of Grovetown Retirement Plan, City of Guyton Retirement Plan, City of Hagan Retirement Plan, City of Hahira Retirement Plan, City of Hampton Retirement Plan, City of Hapeville Retirement Plan, City of *4 Harlem Retirement Plan, City of
ADMINISTRATOR Single-Employer GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
FUNDED RATIO FROM APPENDIX C
83.00% 76.20% 93.24% 88.45% *3 94.13% 90.84% 80.84% 111.40% 136.04% 95.15% 85.21% 93.33% 101.91% 67.72% 120.54% 95.03% 113.43% 102.06% 76.67% 89.23% 71.24% 72.81% 77.80% 76.20% 87.93% 69.74% 88.41% 80.30% 141.93% 99.29% 95.26%
0.64% -66.24% 84.44% 95.24% 72.39% 97.23% 108.33% 118.83% 81.96% 89.61% 77.09% 83.44%
Page D-3
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
78.81% 76.72% 99.61% 94.83% 85.07% 94.76% 93.70% 78.89% 109.41% 122.27% 81.50% 81.46% 93.15% 114.62% 64.95% 125.30% 93.47% 159.05% 104.36% 84.31% 91.91% 62.12% 84.20% 80.62% 76.90% 95.39% 65.88% 89.91% 83.23% 151.82% 98.35% 95.10% Not Applicable 85.97% 83.69% 94.73% 72.24% 88.14% 118.75% 127.64% 83.60% 86.97% 81.08% 75.82%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
78.92% 78.06% 104.22% 96.34% 84.19% 92.17% 99.05% 80.97% 103.46% 114.58% 78.84% 77.94% 93.82% 117.22% 69.35% 127.75% 98.45% 160.66% 105.30% 79.58% 95.13% 53.35% 92.04% 86.53% 75.01% 101.12% 63.31% 92.15% 86.43% 148.63% 94.68% 99.88% Not Applicable 93.34% 95.31% 86.34% 81.72% 93.22% 120.67% 120.12% 83.27% 94.21% 93.17% 73.67%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
80.89% 74.21% 100.77% 93.32% 89.56% 88.23% 103.50% 88.18% 96.53% 106.35% 70.73% 82.89% 97.19% 115.72% 78.70% 121.98% 106.02% 157.13% 102.95% 78.98% 93.04% 21.31% -91.48% 83.12% 81.93% 97.19% 64.76% 88.67% 80.15% 153.80% 91.27% 91.92% Not Applicable 87.33% 98.81% 80.45% 82.22% 95.49% 111.67% 120.51% 90.32% 91.43% 106.32% 72.60%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Hartwell Retirement Plan, City of Hawkinsville Retirement Plan, City of Hazlehurst Retirement Plan, City of Hephzibah Retirement Plan, City of Hiawassee Retirement Plan, City of Hinesville Retirement Plan, City of Hiram Retirement Plan, City of Hogansville Retirement Plan, City of Holly Springs Retirement Plan, City of Jackson Retirement Plan, City of Jasper Retirement Plan, City of Jefferson Retirement Plan, City of Jeffersonville Retirement Plan, City of Jesup Retirement Plan, City of Jonesboro Retirement Plan, City of Kennesaw Retirement Plan, City of Kingsland Retirement Plan, City of LaFayette Retirement Plan, City of LaGrange Retirement Plan, City of Lake City Retirement Plan, City of Lake Park Retirement Plan, City of Lakeland Retirement Plan, City of *1 Lavonia Retirement Plan, City of Leesburg Retirement Plan, City of Lenox Retirement Plan, City of Lincolnton Retirement Plan, City of Lithonia Retirement Plan, City of Locust Grove Retirement Plan, City of Loganville Retirement Plan, City of Lookout Mountain Retirement Plan, City of Louisville Retirement Plan, City of Lovejoy Retirement Plan, City of Lumpkin Retirement Plan, City of Lyons Retirement Plan, City of Madison Retirement Plan, City of Manchester Retirement Plan, City of Marietta General Pension Plan, City of Marshallville Retirement Plan, City of McDonough Retirement Plan, City of McRae Retirement Plan, City of Menlo Retirement Plan, City of Midville Retirement Plan, City of Midway Retirement Plan, City of Milledgeville Retirement Plan
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer
FUNDED RATIO FROM APPENDIX C
85.82% 84.05% 105.51% 98.76% 122.07% 86.29% 101.74% 91.39% 88.41% 96.02% 72.94% 93.51% 86.95% 82.35% 91.28% 82.57% 99.51% 91.32% 82.82% 98.00% 79.60% 16.00% -102.06% 83.90% 78.21% 83.35% 127.47% 80.06% 89.77% 90.85% 95.10% 49.15% 90.83% 90.22% 97.21% 90.31% 67.93% 87.80% 73.51% 85.80% 95.24% 101.28% 92.61% 100.90%
Page D-4
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
90.68% 85.71% 107.51% 101.10% 113.16% 85.98% 94.07% 93.48% 89.28% 95.64% 99.10% 91.38% 90.09% 83.00% 100.81% 83.14% 99.07% 90.23% 81.53% 91.84% 82.89% Not Applicable 103.90% 84.69% 76.47% 89.68% 152.52% 86.14% 89.08% 86.86% 92.62% 32.47% 95.15% 90.26% 100.16% 91.21% 54.82% 81.71% 65.57% 84.12% 90.70% 106.02% 90.24% 99.32%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
94.59% 90.41% 112.58% 84.33% 94.81% 91.27% 86.16% 98.48% 97.49% 118.45% 112.53% 97.11% 81.36% 82.71% 102.85% 85.77% 97.71% 94.52% 81.47% 88.69% 88.13% Not Applicable 105.39% 93.28% 78.50% 97.55% 164.46% 96.67% 88.94% 80.07% 91.99%
5.36% -99.81% 96.30% 100.58% 88.32% 56.75% 77.01% 68.74% 85.07% 87.84% 81.84% 102.94% 94.46%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
91.42% 95.25% 124.96% 89.10% 83.28% 91.11% 83.19% 98.01% 110.39% 96.23% 101.23% 92.82% 81.59% 84.87% 98.55% 85.81% 96.13% 91.10% 81.51% 93.73% -88.59% Not Applicable 106.82% 94.32% 84.08% 89.46% 157.34% 91.62% 91.07% 82.02% 91.98% Not Applicable 93.87% 90.07% 102.20% 88.22% 58.75% 77.64% 63.70% 83.99% -83.10% 77.86% 98.49% 86.30%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Millen Retirement Plan, City of Milton Retirement Plan, City of Monroe Retirement Plan, City of Montezuma Retirement Plan, City of Monticello Retirement Plan, City of Morrow Retirement Plan, City of Moultrie Pension Plan, City of Mount Airy Retirement Plan, Town of Mount Vernon Retirement Plan, City of Mount Zion Retirement Plan, City of Nahunta Retirement Plan, City of Nashville Retirement Plan, City of Newnan Retirement Plan, City of Nicholls Retirement Plan, City of Nicholson Retirement Plan, City of Norcross Retirement Plan, City of Oakwood Retirement Plan, City of Ocilla Retirement Plan, City of Oglethorpe Retirement Plan, City of Oxford Retirement Plan, Town of Palmetto Retirement Plan, City of Patterson Retirement Plan, City of Peachtree City Retirement Plan, City of Pelham Retirement Plan, City of Pembroke Retirement Plan, City of Perry Retirement Plan, City of Pine Mountain Retirement Plan, Town of Pooler Retirement Plan, City of Port Wentworth Retirement Plan, City of Portal Retirement Plan, Town of Powder Springs Retirement Plan, City of Quitman Retirement Plan, City of Reidsville Retirement Plan, City of Remerton Retirement Plan, City of Reynolds Retirement Plan, City of Riceboro Retirement Plan, City of Richmond Hill Retirement Plan, City of Rincon Retirement Plan, City of Roberta Retirement Plan, City of Rochelle Retirement Plan, City of Rockmart Retirement Plan, City of Rome Retirement Plan, City of Rossville Retirement Plan, City of Roswell Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
FUNDED RATIO FROM APPENDIX C
91.55% 91.71% 83.04% 92.38% 91.15% 94.12% 90.19% 83.51% 92.27% 91.30% 103.14% 89.68% 75.57% 98.97% 90.91% 95.27% 62.71% 65.34% 98.35% 75.84% 91.09% 91.38% 88.72% 91.36% 87.31% 110.69% 81.51% 74.33% 108.56% 79.11% 93.68% 90.84% 90.11% 87.93% 85.21% 78.14% 97.30% 104.51% 79.69% 87.37% 87.34% 77.90% 86.02% 80.98%
Page D-5
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
93.19% 94.58% 83.54% 93.25% 96.66% 89.64% 80.55% 86.90% 90.31% 88.80% 102.84% 87.72% 81.17% 106.74% 96.42% 96.05% 67.68% 65.30% 106.26% 74.32% 91.72% 95.04% 85.11% 89.14% 93.31% 106.86% 83.17% 77.12% 109.65% 71.54% 88.66% 88.92% 86.03% 99.95% 84.09% 84.85% 98.14% 102.49% 73.15% 87.71% 87.68% 83.50% 80.44% 80.88%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
94.91% 102.54%
81.16% 99.94% 99.79% 103.43% 86.84% 83.18% 94.51% 91.78% 105.12% 90.14% 86.51% 108.28% 76.08% 95.66% 64.76% 89.22% 132.77% 73.27% 99.86% 96.93% 87.52% 88.10% 92.04% 104.95% 87.40% 79.99% 113.04% 70.96% 89.36% 87.14% 89.71% 98.37% 86.75% 86.86% 100.39% 102.72% 85.80% 90.92% 88.31% 87.43% 77.92% 86.11%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
97.51% 100.66%
77.88% 90.58% 98.52% 99.88% 108.97% 77.69% 91.39% 95.41% 108.56% 90.80% 91.62% 101.25% 80.09% 91.37% 59.68% 92.50% 95.00% 70.82% 85.74% 98.52% 83.39% 87.19% 91.39% 99.69% 90.46% 76.08% 116.99% 68.36% 100.09% 88.89% 83.38% 95.46% 92.31% 79.63% 105.69% 92.43% 90.00% 87.82% 85.01% 86.53% 79.61% 88.47%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Royston Retirement Plan, City of Sandersville Retirement Plan, City of Savannah Employees Retirement Plan, City of Savannah Pension Plan 2 Senoia Retirement Plan, City of Sky Valley Retirement Plan, City of Smithville Retirement Plan, City of Smyrna Retirement Plan, City of Snellville Retirement Plan, City of Social Circle Retirement Plan, City of Soperton Retirement Plan, City of Springfield Retirement Plan, City of St. Marys Retirement Plan, City of Statesboro Retirement Plan, City of Stockbridge Retirement Plan, City of Stone Mountain Retirement Plan, City of Sugar Hill Retirement Plan, City of Summerville Retirement Plan, City of Suwanee Retirement Plan, City of Swainsboro Retirement Plan, City of Sylvania Retirement Plan, City of Sylvester Retirement Plan, City of Tallapoosa Retirement Plan, City of Temple Retirement Plan, City of Tennille Retirement Plan, City of Thomaston Retirement Plan, City of Thomasville Pension Plan, City of Thomson Retirement Plan, City of Thunderbolt Retirement Plan, City of Tifton Retirement Plan, City of *1 Toccoa Retirement Plan, City of Trion Retirement Plan, Town of Tybee Island Retirement Plan, City of Tyrone Retirement Plan, Town of Union City Retirement Plan, City of Union Point Retirement Plan, City of Valdosta Retirement Plan, City of Vidalia Retirement Plan, City of Vienna Retirement Plan, City of Villa Rica Retirement Plan, City of Wadley Retirement Plan, City of Waleska Retirement Plan, City of Walthourville Retirement Plan, City of Warm Springs Retirement Plan, City of
ADMINISTRATOR GMEBS GMEBS Single-Employer Single-Employer, Closed GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
FUNDED RATIO FROM APPENDIX C
93.20% 88.60% 84.62% *2 88.92% 85.73% 108.40% 79.70% 288.85% 95.05% 93.52% 86.45% 71.96% 85.01% 96.87% 118.20% 95.54% 97.33% 167.35% 118.94% 74.40% 86.57% 103.18% 81.04% 134.52% 75.77% 110.51% 83.49% 66.21% 84.39% 103.21% 103.12% 92.01% 88.40% 76.55% 84.38% 51.06% 87.13% 95.37% 85.92% 96.00% 128.34% 95.88% 100.22%
Page D-6
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
86.23% 87.98% 79.62% *2 93.74% 88.67% 118.99% 78.54% 232.02% 106.18% 93.31% 94.57% 71.60% 91.76% 97.19% 110.71% 92.00% -95.66% 166.53% 122.31% 74.86% 88.50% 101.44% 87.14% 135.37% 80.27% 104.80% 86.76% 74.32% 77.32% 103.42% 101.15% 94.76% 100.44% 72.44% 81.10% 51.44% 88.35% 93.08% 83.98% 106.30% 129.72% 108.62% 109.17%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
82.31% 91.23% 82.14% *2 100.11% 92.72% 126.47% 82.29% 233.99% 103.02% 94.23% 100.65% 78.73% 123.02% 97.29% 108.00% Not Applicable 94.50% 157.56% 123.63% 86.53% 89.80% 97.02% 93.16% 152.60% 84.70% 108.39% 89.55% 81.31% 61.77% 102.07% 99.63% 91.89% 99.29% 75.34% 85.54% 53.22% 89.68% 91.37% 94.48% 108.01% 169.37% 106.35% 118.61%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
71.65% 86.63% 78.71% *2 94.45% 90.66% 121.35% 85.54% 208.17% 101.93% 100.98% 92.48% 91.96% 119.15% 98.16% 106.68% Not Applicable 91.33% 151.26% 115.93% 83.77% 92.25% 90.88% 95.41% 131.99% 86.38% 103.20% 92.45% 81.85% 54.02% 101.15% 95.39% 90.44% 97.88% 75.35% 94.27% 52.79% 84.26% 88.99% 93.24% 109.60% 165.26% 94.35% 103.08%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Warner Robins Retirement Plan, City of Warrenton Retirement Plan, City of Washington Retirement Plan, City of Waycross Retirement Plan, City of Waynesboro Retirement Plan, City of West Point Pension Plan, City of Whigham Retirement Plan, City of White Retirement Plan, City of Whitesburg Retirement Plan, City of Willacoochee Retirement Plan, City of Winder Retirement Plan, City of Woodbine Retirement Plan, City of Woodbury Retirement Plan, City of Woodstock Retirement Plan, City of Wrens Retirement Plan, City of Wrightsville Retirement Plan, City of
COUNTIES
Appling County Pension Plan Bacon County Pension Plan Baldwin County Pension Plan Banks County Pension Plan Barrow County Pension Plan Bartow County Pension Plan Ben Hill County Pension Plan Bleckley County Pension Plan Brooks County Pension Plan Bryan County Pension Plan Burke County Pension Plan Butts County Pension Plan Carroll County Pension Plan Charlton County Pension Plan Chatham County Employees Retirement Plan Cherokee County Pension Plan Clayton County Pension Plan Clinch County Pension Plan Cobb County Board of
Commissioners Retirement Income Plan Coffee County Pension Plan Colquitt County Pension Plan Coweta County Pension Plan Crawford County Pension Plan Crisp County Pension Plan
ADMINISTRATOR GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG Single-Employer ACCG
Single-Employer ACCG ACCG Single-Employer ACCG ACCG
FUNDED RATIO FROM APPENDIX C
91.54% 127.33%
86.25% 80.07% 85.60% 74.58% 95.33% 108.33% 82.71% 79.95% 77.26% 128.18% 88.41% 83.30% 84.42% 89.68%
82.09% 78.62% 59.10% 86.93% 74.99% 62.49% 79.02% 77.50% 80.94% 69.74% 62.82% 56.35% 62.64% 77.42% 91.37% 54.87% 64.01% 98.03%
60.44% 85.23% 78.87% 67.80% 83.37% 72.53%
Page D-7
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
93.34% 137.22%
90.11% 78.35% 82.97% 75.42% 103.93% 110.70% 90.66% 80.27% 78.21% 128.29% 98.52% 79.02% 89.34% 81.00%
77.76% 80.45% 56.87% 83.54% 76.25% 55.93% 79.36% 79.65% 82.01% 67.70% 59.29% 58.39% 76.73% 81.23% 89.28% 48.58% 66.65% 84.75%
51.52% 78.94% 75.78% 65.07% 87.89% 66.91%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
100.55% 149.98%
96.01% 79.48% 87.30% 80.53% 109.13% 103.36% 95.65% 73.55% 77.55% 113.05% 102.78% 79.72% 92.92% 78.52%
86.94% 75.84% 57.83% 85.41% 78.26% 60.85% 71.60% 83.46% 81.93% 69.72% 61.12% 66.35% 81.18% 78.98% 81.93% 52.15% 70.27% 82.30%
52.14% 81.62% 73.89% 65.00% 85.31% 69.16%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
99.63% 148.69%
96.62% 79.23% 86.22% 75.56% 96.28% 98.97% 98.75% 71.21% 74.37% 116.37% 89.11% 93.20% 93.85% 77.23%
86.80% 71.64% 61.55% 92.64% 80.50% 66.28% 68.93% 83.75% 81.81% 69.67% 62.81% 64.72% 79.32% 77.70% 76.82% 56.22% 71.09% 80.01%
53.69% 82.70% 75.08% 65.64% 92.23% 72.46%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Dawson County Pension Plan Decatur County Pension Plan DeKalb County Pension Plan Dodge County Pension Plan Dooly County Pension Plan Dougherty County Retirement Plan Douglas County Pension Plan Douglas County Employee Defined Benefit Plan Early County Pension Plan *4 Elbert County Pension Plan Evans County Pension Plan Fannin County Pension Plan Fayette County Pension Plan Floyd County Pension Plan Forsyth County Defined Benefit Plan Franklin County Pension Plan Fulton County Employees' Pension Plan Glynn County Board
of Commissioners Pension Plan Grady County Pension Plan Greene County Pension Plan Gwinnett County Pension Plan Habersham County Employees' Retirement Plan Hall County Pension Plan Hancock County Pension Plan Haralson County Pension Plan Harris County Pension Plan Heard County Pension Plan Henry County Pension Plan Houston County Pension Plan Jackson County Pension Plan Jasper County Pension Plan Jeff Davis County Pension Plan Jenkins County Pension Plan Jones County Pension Plan Lamar County Pension Plan Laurens County Pension Plan Lee County Retirement Plan Liberty County, Retirement Plan of Lincoln County Pension Plan Lowndes County Pension Plan Lumpkin County Pension Plan Madison County Pension Plan Marion County Pension Plan
ADMINISTRATOR ACCG ACCG Single-Employer ACCG ACCG Single-Employer ACCG Single-Employer, Closed ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG Single-Employer
Single-Employer ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
FUNDED RATIO FROM APPENDIX C
71.92% 76.80% 55.66% 64.37% 68.77% 90.47% 57.35% *2 77.01% 93.08% 106.16% 75.88% 73.20% 70.61% 118.27% 88.68% 78.77%
90.54% 82.56% 74.07% 81.51% 84.77% 57.72% 82.50% 92.89% 73.85% 90.26% 66.32% 76.37% 67.03% 111.30% 79.63% 98.74% 74.16% 78.99% 75.92% 74.89% 54.70% 76.23% 70.27% 61.81% 77.84% 84.52%
Page D-8
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
86.36% 71.49% 54.07% 72.75% 64.80% 90.04% 53.22% *2 71.06% 89.67% 62.77% 77.86% 94.25% 76.60% 95.40% 81.69% 70.65%
83.19% 75.54% 70.87% 74.12% 84.06% 37.80% 74.99% 87.79% 77.60% 89.26% 64.22% 74.33% 66.12% 105.51% 76.13% 96.04% 70.41% 79.88% 77.74% 77.27% 58.08% -75.16% 67.41% 58.21% 75.36% 73.98%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
90.50% 73.85% 52.84% 78.10% 59.02% 88.86% 51.13% *2 83.32% 85.96% 58.33% 77.11% 102.14% 80.25% 90.54% 81.13% 71.79%
91.27% 80.37% 76.32% 80.39% 86.27% 34.48% 77.57% 82.08% 74.34% 80.65% 66.38% 74.99% 72.41% 107.09% 84.21% 77.52% 71.52% 80.00% 78.27% 71.08% Not Applicable 75.87% 66.24% 66.38% 73.23% 71.12%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
91.97% 73.02% 60.07% 72.86% 52.07% 89.30% 57.54% *2 84.24% 87.81% 55.83% 78.16% 113.31% 83.61% 70.80% 82.62% 74.93%
85.90% 77.77% 75.37% 79.96% 85.92% 33.96% 80.42% 84.29% 72.21% 86.73% 70.25% 75.16% 76.43% 99.50% 85.05% 78.03% 72.30% 81.11% 79.54% 65.99% 63.07% 77.06% 66.48% 66.97% 73.69% 72.55%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT McDuffie County Pension Plan McIntosh County Pension Plan Miller County Pension Plan Mitchell County Pension Plan Monroe County Pension Plan Morgan County Pension Plan Murray County Pension Plan Newton County Pension Plan Oconee County Pension Plan Oglethorpe County Pension Plan Paulding County Pension Plan Peach County Retirement Plan Pickens County Pension Plan Polk County Board of Commissioners
Employees' Retirement Income Plan Pulaski County Pension Plan Putnam County Pension Plan Rabun County Pension Plan Rockdale County Pension Plan Schley County Pension Plan Seminole County Pension Plan Spalding County Pension Plan Sumter County Pension Plan Tattnall County Pension Plan Telfair County Pension Plan Thomas County Pension Plan Tift County Pension Plan Toombs County Pension Plan Treutlen County Pension Plan Troup County Pension Plan Turner County Pension Plan Upson County Retirement Plan Walker County Commissioners' & Sheriff's
Department Defined Benefit Pension Plan Walton County Pension Plan Ware County Pension Plan Warren County Retirement Plan Washington County Pension Plan Whitfield County Pension Plan Wilcox County Pension Plan Wilkes County Pension Plan Wilkinson County Pension Plan
ADMINISTRATOR ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
FUNDED RATIO FROM APPENDIX C
79.61% 78.38% 82.66% 69.63% 77.37% 82.03% 76.87% 65.08% 72.30% 90.93% 63.31% 73.49% 54.44%
76.52% 98.53% 75.05% 79.74% 65.05% 45.75% 81.38% 63.25% 78.64% 74.68% 77.20% 88.47% 71.93% 82.47% 72.20% 70.74% 67.84% 95.58%
68.77% 66.37% 74.43% 80.70% 71.97% 77.91% 81.56% 60.27% 81.21%
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
85.16% 75.56% 80.53% 74.59% 78.05% 81.75% 74.95% 56.08% 68.96% 92.73% 71.99% 83.41% 49.72%
82.25% 97.85% 71.05% 74.70% 66.93% 44.30% 83.56% 58.84% 75.22% 76.44% 72.80% 88.61% 67.13% 83.46% 71.79% 74.37% 61.67% 107.17%
56.84% 58.41% 83.53% 76.95% 70.26% 78.26% 75.91% 63.85% 81.49%
Page D-9
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
89.92% 71.78% 77.13% 78.38% 81.09% 86.46% 84.84% 51.45% 66.68% 94.09% 76.53% 82.53% 47.07%
88.74% 90.09% 74.74% 73.33% 72.75% 46.74% 82.25% 76.38% 61.31% 77.98% 77.95% 87.27% 77.75% 80.48% 75.61% 75.46% 70.54% 128.55%
41.85% 80.67% 78.63% 76.48% 70.87% 80.74% 72.09% 65.25% 79.04%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
86.47% 73.53% 78.01% 84.97% 83.28% 92.66% 91.86% 53.20% 63.18% 91.04% 78.72% 83.21% 64.69%
93.84% 94.06% 78.44% 71.20% 75.84% 58.71% 79.90% 75.17% 60.63% 77.56% 79.17% 88.67% 77.40% 82.39% 74.79% 74.96% 82.76% 84.07%
61.51% 77.36% 75.37% 79.55% 75.88% 89.17% 75.83% 68.22% 83.58%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT
CONSOLIDATED GOVERNMENTS
Athens-Clarke County Employees' Pension Plan Augusta City Employees Pension Plan Augusta Firemen's Pension Fund Augusta General Retirement Plan 1949 Augusta Policemen's Pension Fund Augusta Richmond County Retirement Plan Augusta Richmond County
Planning Commission Retirement Plan Columbus Consolidated Government
Employees' Pension Plan Columbus Consolidated Government Plan for
Employees of the Department of Public Safety Georgetown-Quitman Unified County Retirement Plan Macon-Bibb County Fire & Police Retirement System *5 Macon-Bibb County Pension Plan *6 Macon-Bibb County Pension Plan Division A *5 Richmond County Employee Pension Fund (1945)
REGIONAL COMMISSIONS
Atlanta Regional Commission Retirement Plan *4 Coastal Georgia RC Retirement Plan Georgia Mountains RC Retirement Plan Heart of Georgia Altamaha RC Retirement Plan Middle Georgia RC Retirement Plan Northeast Georgia RC Retirement Plan Northwest Georgia RC Retirement Plan Southern Georgia RC Retirement Plan Southwest Georgia RC Retirement Plan
ADMINISTRATOR
Single-Employer Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed GMEBS
GMEBS
Single-Employer
Single-Employer GMEBS Single-Employer Single-Employer Single-Employer Single-Employer, Closed
ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer
LOCAL BOARDS OF EDUCATION
Fulton County School Employees' Pension Fund Gwinnett County Board of Education Retirement System Polk County Board of Education Retirement System City of Atlanta Board of Education - Superintendent Plan *7
Single-Employer Single-Employer Single-Employer Single-Employer
LOCAL AUTHORITIES
Austell Gas System Retirement Plan Bainbridge Decatur County Recreation Authority Brunswick - Glynn County Joint
Water & Sewer Commission
Single-Employer GMEBS
GMEBS
FUNDED RATIO FROM APPENDIX C
88.37% *2 *2
92.30% *2
79.55%
110.94%
101.84%
94.39% 70.60% 125.40% 62.12% 95.58% 85.44%
115.58% 84.92% 96.98% 90.95% 87.26%
102.60% 93.08% 86.06% 44.72%
93.52% 93.15% 66.12% 66.13%
87.60% 80.44%
81.81%
Page D-10
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
85.08% *2 *2
80.25% *2
82.80%
111.60%
97.76%
88.01% 71.53% 104.53% 53.66% 89.22% 76.50%
78.97% 87.02% 97.30% 91.58% 87.00% 103.88% 94.69% 86.24% 45.03%
85.79% 92.34% 64.75% 99.95%
90.97% 87.73%
73.06%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
89.72% *2 *2
86.46% *2
91.94%
112.75%
92.49%
84.36% 72.94% 103.71% 62.89% 90.33% 91.16%
97.13% 89.27% 94.77% 96.75% 91.95% 102.85% 97.57% 86.47% 47.03%
80.05% 96.44% 64.00% 102.03% --
91.70% 96.08%
71.40%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
88.32% *2 *2
75.32% *2
90.61%
110.01%
84.24%
74.00% 75.65% 96.83% 70.41% 80.05% 77.01%
111.37% 87.49% 95.04% 99.91% 93.66%
105.33% 99.29% 87.03% 59.80%
74.29% 103.39%
59.03% Not Applicable
70.84%
69.30%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Carroll County Water Authority Chatsworth Water Commission Cherokee County Water and Sewerage Authority Cobb County-Marietta Water Authority Douglasville-Douglas County
Water and Sewage Authority Dublin-Laurens County Recreation Authority Eatonton-Putnam County Water and Sewer Authority Ellijay-Gilmer County Water & Sewer Authority Fitzgerald Water, Light, and Bond Commission Flint Area Consolidated Housing Authority Fort Valley Utilities Commission Fulton-DeKalb Hospital Authority Haralson County Water Authority Heard County Water Authority Henry County Water and Sewerage Authority Hospital Authority of Floyd County Hospital Authority of Valdosta and
Lowndes County, Georgia Hospital Authority of Washington County Housing Authority of the City of Clayton, Georgia Housing Authority of the City of Conyers Housing Authority of the City of Covington Housing Authority of the City of Lavonia Housing Authority of the City of Mt. Vernon Housing Authority of the City of Vidalia Housing Authority of the City of Vienna Housing Authority of the City of Villa Rica Jackson County Water and Sewerage Authority Jasper County Joint 911 Authority Jonesboro Housing Authority LaGrange Housing Authority LaGrange-Troup County Hospital Authority Liberty Consolidated Planning Commission Macon Water Authority Macon-Bibb County Transit Authority Metropolitan Atlanta Rapid Transit Authority
ATU Local 732 Union Plan Metro Atlanta Rapid Transit Authority
Non-Represented Pension Plan Middle Flint Regional E-911 Authority Newnan Water and Light Commission Northeast Georgia Housing Authority Polk County Water, Sewage and Solid Waste Authority
ADMINISTRATOR Single-Employer GMEBS GMEBS Single-Employer
GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer ACCG GMEBS GMEBS Single-Employer
Single-Employer Single-Employer GMEBS GMEBS ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer Single-Employer
Single-Employer
Single-Employer ACCG Single-Employer GMEBS Single-Employer
FUNDED RATIO FROM APPENDIX C
80.04% 85.09% 72.12% 105.55%
99.97% 119.29% 126.96%
78.53% 77.60% 91.26% 96.50% 77.60% 85.98% 94.61% 105.53% 81.40%
101.44% *3
63.21% 71.44% 86.52% 85.10% 81.82% 149.59% 111.88% 103.76% 47.19% 86.55% 87.40% 95.02% 87.75% 98.72% *3 55.81%
108.39%
86.03% 115.85%
99.69% 96.50% 72.43%
Page D-11
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
75.61% 86.05% 70.91% 100.79%
99.48% 99.10% 121.41% 77.04% 80.59% 89.44% 95.75% 75.77% 84.36% 98.02% 95.36% 64.64%
93.31% 7.07% --
57.11% 75.00% 54.69% 81.67% 79.93% 178.07% 111.31% 109.11% 48.00% 88.62% 86.75% 109.78% 76.55% 90.81% 101.77% 50.86%
99.87%
77.03% 81.27% 98.38% 96.40% 52.54%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
73.58% 87.93% 76.67% 100.38%
105.86% 92.45%
128.29% 75.67% 77.57% 83.00% 94.48% 76.56% 85.97% 94.44%
102.25% 75.57%
93.85% -- --
53.38% 80.88% 51.73% 77.90% 76.13% 208.98% 107.19% 114.42% 31.31% 88.24% 87.60% 117.23% 77.21% 95.83% 79.53% 49.30%
102.63%
78.35% 42.40% 104.13% 96.92% 97.52%
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO
110.46% 86.80% 76.95% 97.98%
107.31% 95.11%
123.81% 74.94% 75.10% 72.66% 98.14% 80.71% 81.90% 93.91% 90.42% 81.21%
89.81% -- --
52.18% 85.57% 36.88% 75.73% 72.39% 194.77% 101.96% 113.08% 17.18% -91.52% 88.98% 131.23% 83.87% 93.81% 71.23% 53.20%
100.78%
74.27% 16.59% 108.38% 96.89% 83.46%
Appendix D: Historical Trend Data of Funded Ratio
NAME OF GOVERNMENT Satilla Regional Water and Sewer Authority *1 Sinclair Water Authority Towns County Water & Sewer Authority Unadilla Housing Authority Valdosta-Lowndes County Parks and
Recreation Authority Walker County Water and Sewage Authority
ADMINISTRATOR ACCG GMEBS GMEBS GMEBS
GMEBS Single-Employer
FUNDED RATIO FROM APPENDIX C
17.44% -81.35% 80.41% 138.13%
80.40% 61.40%
Funded ratio increased compared to prior report. Funded ratio decreased compared to prior report. -- Increase or decrease not able to be determined due to either the plan being newly created or the aggregate method was used in the prior year.
2021 BIENNIAL RETIREMENT
REPORT FUNDED RATIO Not Applicable
88.41% -87.04% 136.66%
81.29% 50.10%
2019 BIENNIAL RETIREMENT
REPORT FUNDED RATIO Not Applicable Not Applicable
88.14% 113.85%
85.95% 42.97%
*1 - New plan for this reporting period. *2 - No amounts reported since plan is maintained on a pay-as-you-go basis. Contributions to the plan are generally made at about the same time and in
about the same amount as benefit payments and expenses become due. This is allowable since the plan was closed prior to 1983. *3 - Government has not submitted all information required and is not in compliance with O.C.G.A. 47-1-3. *4 - Plan was transferred from a single-employer plan to ACCG or GMEBS since last report. Current year ACCG or GMEBS data presented when available. *5 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a City of Macon Plan *6 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a Bibb County Plan *7 - Since City of Atlanta General Employees Pension Fund includes certain employees of the Atlanta Board of Education, information is provided with City of Atlanta.
2017 BIENNIAL RETIREMENT
REPORT FUNDED RATIO Not Applicable Not Applicable
91.93% 90.93%
74.19% 64.94%
Page D-12
APPENDIX E
ACTUARIAL ASSUMPTIONS
CITIES
Abbeville Retirement Plan, City of Acworth Retirement Plan, City of Adairsville Retirement Plan, City of Adel Retirement Plan, City of Alamo Retirement Plan, City of Albany Retirement Plan, City of Alma Retirement Plan, City of Alpharetta Retirement Plan, City of Americus Retirement Plan, City of Aragon Retirement Plan, City of Ashburn Retirement Plan, City of Atlanta Firefighter's Pension Fund Atlanta General Employees Pension Fund
General Employees of the City of Atlanta Employees of the Atlanta Board of Education Atlanta Police Officer's Pension Fund Attapulgus Retirement Plan, City of Auburn Retirement Plan, City of Austell Retirement Plan, City of Avondale Estates Retirement Plan, City of Bainbridge Retirement Plan, City of Ball Ground Retirement Plan, City of Barnesville Retirement Plan, City of Baxley Retirement Plan, City of Berlin Retirement Plan, City of Blackshear Retirement Plan, City of Blairsville Retirement Plan, City of Blakely Retirement Plan, City of Blakely-Early County Department of
Recreation Retirement Plan Bloomingdale Retirement Plan, City of Blue Ridge Retirement Plan, City of Bowdon Retirement Plan, City of Bowman Retirement Plan, City of Braselton Retirement Plan, City of *1 Bremen Retirement Plan, City of Brooklet Retirement Plan, City of Broxton Retirement Plan, City of Brunswick Retirement Plan, City of Buchanan Retirement Plan, City of Buena Vista Retirement Plan, City of Buford Retirement Plan, City of Butler Retirement Plan, City of Byron Retirement Plan, City of Cairo Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN
GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer Single-Employer
Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE
2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.25% 2.50% 2.25% 2.25% 2.25% 2.25%
2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
2.25% 2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 3.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-1
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38% 7.38% 7.38% 7.38% 7.38% 7.00% 7.38% 7.00% 7.38% 7.38% 7.38% 7.00%
7.00% 7.00% 7.00% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38%
7.38% 8.00% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.25% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38%
0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
0.75% 0.75-6.25%
2.10% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-7.75%
0.75-7.75% 0.75-7.75% 0.75-7.75% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
0.75-6.25% 3.00%
0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
0.50% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
0.00% 0.00% 0.00-2.25% 1.70% 0.00% Not Reported 0.00% Not Reported 0.00% 2.25% 0.00% Not Reported
1.00-2.25% 2.25%
Not Reported 0.00% 0.00%
0.00-2.25% 0.00% 0.00% 0.00%
0.00-2.25% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% Not Reported
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00 Not Reported 0.00% 2.25% 2.10% 0.00% 2.10-2.25% 0.00%
Calhoun Retirement Plan, City of Calhoun Retirement Plan, City of Camilla Retirement Plan, City of Canon Retirement Plan, City of Canton Retirement Plan, City of Carnesville Retirement Plan, City of Carrollton Retirement Plan, City of Cartersville Retirement Plan, City of Cartersville 2017 Retirement Plan, City of Cave Spring Retirement Plan, City of Cedartown Retirement Plan, City of Centerville Retirement Plan, City of Chamblee Retirement Plan, City of Chatsworth Retirement Plan, City of Chester Retirement Plan, City of Chickamauga Retirement Plan, City of Clarkesville Retirement Plan, City of Clarkston Retirement Plan, City of Claxton Retirement Plan, City of Clayton Retirement Plan, City of Cleveland Retirement Plan, City of Cochran Retirement Plan, City of College Park Retirement Plan, City of Colquitt Retirement Plan, City of Comer Retirement Plan, City of Commerce Retirement Plan, City of Conyers Retirement Plan, City of Cordele Retirement Plan, City of Cornelia Retirement Plan, City of Covington Retirement Plan, City of Cumming Retirement Plan, City of Cuthbert Retirement Plan, City of Dacula Retirement Plan, City of Dahlonega Retirement Plan, City of Dallas Retirement Plan, City of Dalton Retirement Plan, City of Danielsville Retirement Plan, City of Darien Retirement Plan, City of Davisboro Retirement Plan, City of Dawson Retirement Plan, City of Dawsonville Retirement Plan, City of Decatur Retirement Plan, City of Demorest Retirement Plan, City of Doerun Retirement Plan, City of Donalsonville Retirement Plan, City of Doraville Retirement Plan, City of Douglas Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS Single-Employer, Closed GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS Single-Employer GMEBS
INFLATION RATE 2.25% *2 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.50% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% *3 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.25% 2.25% 2.25% *3 2.25%
Page E-2
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
*2
*2
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.00%
4.00%
7.00%
4.00%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
*3
*3
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
6.75%
2.50-4.50%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
6.81%
3.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.00%
1.25-5.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
*3
*3
7.38%
0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
0.00% *2
0.00% 0.00% 0.00% 0.00% 0.00% Not Reported Not Reported 0.00% 0.00% 2.25% 2.25% 0.00% 0.00% 0.00% 0.00% 2.25-3.00% 2.25%
*3 0.00% 0.00% 0.00% 0.00% 0.00% 0.00-2.25% 0.00% 0.00% 0.00% Not Reported 0.00-2.10% 0.00% 0.00% 1.70% 0.00% Not Reported 0.00% 0.00% 0.00% 0.00% 0.00% Not Reported 0.00% 0.00-2.10% 0.00%
*3 0.00-2.25%
Douglasville Retirement Plan, City of Dublin Retirement Plan, City of Duluth Retirement Plan, City of East Ellijay Retirement Plan, City of East Point Retirement Plan, City of Eastman Retirement Plan, City of Eatonton Retirement Plan, City of Elberton Retirement Plan, City of Ellaville Retirement Plan, City of Ellijay Retirement Plan, City of Emerson Retirement Plan, City of Enigma Retirement Plan, City of Fairburn Retirement Plan, City of Fayetteville Retirement Plan, City of Fitzgerald Retirement Plan, City of Flowery Branch Retirement Plan, City of Forsyth Retirement Plan, City of Fort Oglethorpe Retirement Plan, City of Fort Valley Retirement Plan, City of Franklin Retirement Plan, City of Gainesville Retirement Plan A, City of Gainesville Retirement Plan, City of Garden City Retirement Plan, City of Gibson Retirement Plan, City of Glennville Retirement Plan, City of Gordon Retirement Plan, City of Grantville Retirement Plan, City of *1 Gray Retirement Plan, City of Greensboro Retirement Plan, City of Greenville Retirement Plan, City of Griffin Retirement Plan, City of Grovetown Retirement Plan, City of Guyton Retirement Plan, City of Hagan Retirement Plan, City of Hahira Retirement Plan, City of Hampton Retirement Plan, City of Hapeville Retirement Plan, City of *4 Harlem Retirement Plan, City of Hartwell Retirement Plan, City of Hawkinsville Retirement Plan, City of Hazlehurst Retirement Plan, City of Hephzibah Retirement Plan, City of Hiawassee Retirement Plan, City of Hinesville Retirement Plan, City of Hiram Retirement Plan, City of Hogansville Retirement Plan, City of Holly Springs Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.75% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-3
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.00%
1.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.00%
0.00-11.00%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
0.00-2.25% 0.00% 0.00% 0.00% 2.25% 0.00% 0.00%
0.00-2.25% 0.00% 0.00% 0.00% 0.00%
0.00-2.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Not Reported 0.00% 0.00% 0.00% 0.00% 0.00% 1.70% 0.00% 0.00% 0.00%
0.00-3.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.00% 1.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Jackson Retirement Plan, City of Jasper Retirement Plan, City of Jefferson Retirement Plan, City of Jeffersonville Retirement Plan, City of Jesup Retirement Plan, City of Jonesboro Retirement Plan, City of Kennesaw Retirement Plan, City of Kingsland Retirement Plan, City of LaFayette Retirement Plan, City of LaGrange Retirement Plan, City of Lake City Retirement Plan, City of Lake Park Retirement Plan, City of Lakeland Retirement Plan, City of *1 Lavonia Retirement Plan, City of Leesburg Retirement Plan, City of Lenox Retirement Plan, City of Lincolnton Retirement Plan, City of Lithonia Retirement Plan, City of Locust Grove Retirement Plan, City of Loganville Retirement Plan, City of Lookout Mountain Retirement Plan, City of Louisville Retirement Plan, City of Lovejoy Retirement Plan, City of Lumpkin Retirement Plan, City of Lyons Retirement Plan, City of Madison Retirement Plan, City of Manchester Retirement Plan, City of Marietta Retirement Plan, City of Marshallville Retirement Plan, City of McDonough Retirement Plan, City of McRae-Helena Retirement Plan, City of Menlo Retirement Plan, City of Midville Retirement Plan, City of Midway Retirement Plan, City of Milledgeville Retirement Plan, City of Millen Retirement Plan, City of Milton Retirement Plan, City of Monroe Retirement Plan, City of Montezuma Retirement Plan, City of Monticello Retirement Plan, City of Morrow Retirement Plan, City of Moultrie Retirement Plan, City of Mount Airy Retirement Plan, City of Mount Vernon Retirement Plan, City of Mount Zion Retirement Plan, City of Nahunta Retirement Plan, City of Nashville Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 3.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Not Reported 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-4
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.50%
3.50-4.60%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.00%
1.00%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
6.50%
3.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
2.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00-2.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.25% 2.25% 0.00% 0.00-2.25% 0.00% 0.00-3.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Not Reported 0.00% 0.00% 0.00% 0.00-2.25% 0.00% 0.00% Not Reported 2.25% 0.00% 0.00% 0.00% 0.00%
Newnan Retirement Plan, City of Nicholls Retirement Plan, City of Nicholson Retirement Plan, City of Norcross Retirement Plan, City of Oakwood Retirement Plan, City of Ocilla Retirement Plan, City of Oglethorpe Retirement Plan, City of Oxford Retirement Plan, City of Palmetto Retirement Plan, City of Patterson Retirement Plan, City of Peachtree City Retirement Plan, City of Pelham Retirement Plan, City of Pembroke Retirement Plan, City of Perry Retirement Plan, City of Pine Mountain Retirement Plan, City of Pooler Retirement Plan, City of Port Wentworth Retirement Plan, City of Portal Retirement Plan, City of Powder Springs Retirement Plan, City of Quitman Retirement Plan, City of Reidsville Retirement Plan, City of Remerton Retirement Plan, City of Reynolds Retirement Plan, City of Riceboro Retirement Plan, City of Richmond Hill Retirement Plan, City of Rincon Retirement Plan, City of Roberta Retirement Plan, City of Rochelle Retirement Plan, City of Rockmart Retirement Plan, City of Rome Retirement Plan, City of Rossville Retirement Plan, City of Roswell Retirement Plan, City of Royston Retirement Plan, City of Sandersville Retirement Plan, City of Savannah Employees' Retirement Plan, City of Savannah Pension Plan 2 Senoia Retirement Plan, City of Sky Valley Retirement Plan, City of Smithville Retirement Plan, City of Smyrna Retirement Plan, City of Snellville Retirement Plan, City of Social Circle Retirement Plan, City of Soperton Retirement Plan, City of Springfield Retirement Plan, City of St. Marys Retirement Plan, City of Statesboro Retirement Plan, City of Stockbridge Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer Single-Employer, Closed GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.75% *2 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-5
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
5.93%
0.50-2.50%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.25%
0.75-2.75%
*2
*2
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
0.00% 0.00% 0.00% 0.00-2.10% 0.00% 0.00% 0.00% 0.00% 3.00% 0.00% Not Reported 0.00-2.25% 0.00% 0.00-2.25% 0.00% 1.40-2.00% 0.00-2.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.25% 0.00% 0.00% 0.00% 0.00% 0.00-2.25% 0.00% 0.00% 0.00% 0.00% 1.00-5.00%
*2 0.00% 0.00% 0.00% 0.00% 0.00-2.25% 1.70-2.25% 0.00% 0.00% 0.00% 0.00-2.25% 0.00%
Stone Mountain Retirement Plan, City of Sugar Hill Retirement Plan, City of Summerville Retirement Plan, City of Suwanee Retirement Plan, City of Swainsboro Retirement Plan, City of Sylvania Retirement Plan, City of Sylvester Retirement Plan, City of Tallapoosa Retirement Plan, City of Temple Retirement Plan, City of Tennille Retirement Plan, City of Thomaston Retirement Plan, City of Thomasville Retirement Plan, City of Thomson Retirement Plan, City of Thunderbolt Retirement Plan, City of Tifton Retirement Plan, City of Toccoa Retirement Plan, City of Trion Retirement Plan, City of Tybee Island Retirement Plan, City of Tyrone Retirement Plan, City of Union City Retirement Plan, City of Union Point Retirement Plan, City of Valdosta Retirement Plan, City of Vidalia Retirement Plan, City of Vienna Retirement Plan, City of Villa Rica Retirement Plan, City of Wadley Retirement Plan, City of Waleska Retirement Plan, City of Walthourville Retirement Plan, City of Warm Springs Retirement Plan, City of Warner Robins Retirement Plan, City of Warrenton Retirement Plan, City of Washington Retirement Plan, City of Waycross Retirement Plan, City of Waynesboro Retirement Plan, City of West Point Retirement Plan, City of Whigham Retirement Plan, City of White Retirement Plan, City of Whitesburg Retirement Plan, City of Willacoochee Retirement Plan, City of Winder Retirement Plan, City of Woodbine Retirement Plan, City of Woodbury Retirement Plan, City of Woodstock Retirement Plan, City of Wrens Retirement Plan, City of Wrightsville Retirement Plan, City of
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
6.00%
5.00%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
7.38%
0.75-6.25%
Page E-6
POSTRETIREMENT BENEFIT INCREASES
2.25% 1.70% 2.10% 0.00% 0.00-2.25% 0.00% 0.00% 2.00% 0.00% 0.00% 0.00% 2.50% 0.00% 0.00% 0.00-3.00% 0.00-2.25% 0.00-2.25% 0.00-2.10% 0.00-2.10% 0.00-2.10% 0.00% 0.00-3.00% 0.00% 0.00-2.25% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00-2.25% 0.00% 2.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.25% 0.00% 0.00% 0.00% 0.00%
COUNTIES
Appling County Pension Plan Bacon County Pension Plan Baldwin County Pension Plan Banks County Pension Plan Barrow County Pension Plan Bartow County Pension Plan Ben Hill County Pension Plan Bleckley County Pension Plan Brooks County Pension Plan Bryan County Pension Plan Burke County Pension Plan Butts County Pension Plan Carroll County Pension Plan Charlton County Pension Plan Chatham County Employees' Retirement Plan Cherokee County Pension Plan Clayton County Pension Plan Clinch County Pension Plan Cobb County Board of Commissioners
Retirement Income Plan Coffee County Pension Plan Colquitt County Pension Plan Coweta County Pension Plan Crawford County Pension Plan Crisp County Pension Plan Dawson County Pension Plan Decatur County Pension Plan DeKalb County Pension Plan Dodge County Pension Plan Dooly County Pension Plan Dougherty County Pension Plan Douglas County Pension Plan Douglas County Employee Defined Benefit Plan Early County Pension Plan Elbert County Pension Plan Evans County Pension Plan *4 Fannin County Pension Plan Fayette County Pension Plan Floyd County Pension Plan Forsyth County Defined Benefit Plan Franklin County Pension Plan Fulton County Employees' Pension Plan Glynn County Board of Commissioners Pension Plan Grady County Pension Plan Greene County Pension Plan
Appendix E: Actuarial Assumptions
TYPE OF PLAN
ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG Single-Employer ACCG
Single-Employer ACCG ACCG Single-Employer ACCG ACCG ACCG ACCG Single-Employer ACCG ACCG Single-Employer ACCG Single-Employer, Closed ACCG ACCG ACCG ACCG ACCG ACCG Single-Employer ACCG Single-Employer Single-Employer ACCG ACCG
INFLATION RATE
2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.50% 2.00% 2.75% 2.00%
2.50% 2.00% 2.00% 2.50% 2.00% 2.00% 2.00% 2.00% 2.50% 2.00% 2.00% Not Reported 2.00%
*2 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% Not Reported 2.00% 2.00% 2.50% 2.00% 2.00%
Page E-7
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.25% 7.00% 7.75% 7.00%
7.25% 7.00% 7.00% 6.50% 7.00% 7.00% 7.00% 7.00% 6.75% 7.00% 7.00% 7.25% 7.00%
*2 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 6.75% 7.00% 6.90% 7.50% 7.00% 7.00%
3.00% 0.50% 2.50% 1.00% 1.50% 2.50% 1.50% 1.50% 0.50% 3.50% 3.00% 3.00% Not Reported 2.50% 1.13-11.75% 2.50% 5.75% 1.50%
0.50-1.50% 1.50% 1.50%
1.00% 2.50% 3.00% 2.50% 2.75% 2.00% 1.00% 3.00% 2.50%
*2 2.00% 1.50% 1.50% 2.00% 0.50% 1.50% 4.00% 1.00% 2.00-6.00% 1.50-4.75% 3.50% 3.50%
POSTRETIREMENT BENEFIT INCREASES
Not Reported Not Reported
0.40% Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
2.00% Not Reported
Not Reported Not Reported Not Reported
2.50% Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
*2 Not Reported Not Reported Not Reported Not Reported Not Reported
5.00% Not Reported Not Reported
3.00% Not Reported Not Reported Not Reported
Gwinnett County Pension Plan Habersham County Pension Plan Hall County Pension Plan Hancock County Pension Plan Haralson County Pension Plan Harris County Pension Plan Heard County Pension Plan Henry County Pension Plan Houston County Pension Plan Jackson County Pension Plan Jasper County Pension Plan Jeff Davis County Pension Plan Jenkins County Pension Plan Jones County Pension Plan Lamar County Pension Plan Laurens County Pension Plan Lee County Pension Plan Liberty County Pension Plan Lincoln County Pension Plan Lowndes County Pension Plan Lumpkin County Pension Plan Madison County Pension Plan Marion County Pension Plan McDuffie County Pension Plan McIntosh County Pension Plan Miller County Pension Plan Mitchell County Pension Plan Monroe County Pension Plan Morgan County Pension Plan Murray County Pension Plan Newton County Pension Plan Oconee County Pension Plan Oglethorpe County Pension Plan Paulding County Pension Plan Peach County Pension Plan Pickens County Pension Plan Polk County Pension Plan Pulaski County Pension Plan Putnam County Pension Plan Rabun County Pension Plan Rockdale County Pension Plan Schley County Pension Plan Seminole County Pension Plan Spalding County Pension Plan Sumter County Pension Plan Tattnall County Pension Plan Telfair County Pension Plan
Appendix E: Actuarial Assumptions
TYPE OF PLAN Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
INFLATION RATE 2.50% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Page E-8
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.00%
2.00-3.00%
7.00%
3.00%
7.00%
2.00%
7.00%
3.50%
7.00%
2.00%
7.00%
2.00%
7.00%
1.50%
7.00%
2.50%
7.00%
1.50%
7.00%
1.50%
7.00%
2.50%
7.00%
1.00%
7.00%
0.50%
7.00%
2.00%
7.00%
1.00%
7.00%
1.50%
7.00%
1.00%
7.00%
1.00%
7.00%
1.50%
7.00%
1.50%
7.00%
3.50%
7.00%
0.50%
7.00%
2.00%
7.00%
1.00%
7.00%
2.50%
7.00%
2.00%
7.00%
2.00%
7.00%
2.50%
7.00%
2.50%
7.00%
2.00%
7.00%
1.00%
7.00%
2.50%
7.00%
2.50%
7.00%
2.00%
7.00%
1.50%
7.00%
3.50%
7.00%
1.50%
7.00%
2.00%
7.00%
2.00%
7.00%
2.00%
7.00%
3.50%
7.00%
2.00%
7.00%
2.00%
7.00%
2.50%
7.00%
1.50%
7.00%
2.50%
7.00%
1.00%
POSTRETIREMENT BENEFIT INCREASES
1.00% Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
2.00% Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
Thomas County Pension Plan Tift County Pension Plan Toombs County Pension Plan Treutlen County Pension Plan Troup County Pension Plan Turner County Pension Plan Upson County Pension Plan Walker County Commissioners' & Sheriff's
Department Defined Benefit Pension Plan Walton County Pension Plan Ware County Pension Plan Warren County Pension Plan Washington County Pension Plan Whitfield County Pension Plan Wilcox County Pension Plan Wilkes County Pension Plan Wilkinson County Pension Plan
CONSOLIDATED GOVERNMENTS
Athens-Clarke County Employees' Pension Plan Augusta City Employees Pension Plan Augusta Firemen's Pension Fund Augusta General Retirement Plan 1949 Augusta Policemen's Pension Fund Augusta Richmond County Retirement Plan Augusta Richmond County
Planning Commission Retirement Plan Columbus Consolidated Government
Employees' Pension Plan Columbus Consolidated Government Plan for
Employees of the Department of Public Safety Georgetown-Quitman Unified County Retirement Plan Macon-Bibb County Fire & Police Retirement System *5 Macon-Bibb County Pension Plan *6 Macon-Bibb County Pension Plan Division A *5 Richmond County Employee Pension Fund 1945
REGIONAL COMMISSIONS
Atlanta RC Retirement Plan *4 Coastal Georgia RC Retirement Plan Georgia Mountains RC Retirement Plan Heart of Georgia - Altamaha RC Retirement Plan Middle Georgia RC Retirement Plan Northeast Georgia RC Retirement Plan Northwest Georgia RC Retirement Plan
Appendix E: Actuarial Assumptions
TYPE OF PLAN ACCG ACCG ACCG ACCG ACCG ACCG ACCG
Single-Employer ACCG ACCG ACCG ACCG ACCG ACCG ACCG ACCG
INFLATION RATE 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
2.50% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.00%
2.50%
7.00%
3.50%
7.00%
1.00%
7.00%
2.00%
7.00%
0.50%
7.00%
1.50%
7.00%
1.50%
5.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
1.50% 2.50% 2.00% 2.00% 2.00% 2.00% 1.50% 2.00% 0.50%
Single-Employer Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed Single-Employer, Closed GMEBS
GMEBS
Single-Employer
Single-Employer GMEBS Single-Employer Single-Employer Single-Employer Single-Employer, Closed
ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
2.50% *2 *2
Not Reported *2
2.25%
2.25%
Not Reported
2.50% 2.25% Not Reported 2.75% Not Reported Not Reported
2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-9
7.50% *2 *2
7.00% *2
7.38%
7.38%
7.00%
7.00% 7.38% 7.50% 7.25% 7.50% 7.00%
7.00% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38%
1.75-4.00% *2 *2
3.00% *2
0.75-6.25%
0.75-6.25%
3.25%
3.25% 0.75-6.25%
3.00% 0.25-1.75%
3.00% Not Reported
1.00% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported Not Reported
Not Reported *2 *2
2.00% *2
0.00-2.25%
0.00%
1.25%
1.25% 0.00% 1.50% 1.50% 1.50% 2.00%
Not Reported 0.00%
0.00-2.25% 0.00%
0.00-1.40% 0.00% 0.00%
Appendix E: Actuarial Assumptions
Southern Georgia RC Retirement Plan Southwest Georgia RC Retirement Plan
LOCAL BOARDS OF EDUCATION
Fulton County School Employees' Pension Fund Gwinnett County Board of Education Retirement System Polk County Board of Education Retirement System City of Atlanta Board of Education - Superintendent Plan *7
LOCAL AUTHORITIES
Austell Gas System Bainbridge Decatur County Recreation Authority Brunswick-Glynn County Joint
Water and Sewer Commission Carroll County Water Authority Chatsworth Water Commission Cherokee County Water and Sewerage Authority Cobb County-Marietta Water Authority Development Authority of Appling County Douglasville-Douglas County Water and Sewer Authority Dublin-Laurens County Recreation Authority Eatonton-Putnam Water and Sewer Authority Ellijay-Gilmer County Water and Sewerage Authority Fitzgerald Water, Light, and Bond Commission Flint Area Consolidated Housing Authority Fort Valley Utilities Commission Fulton-DeKalb Hospital Authority Haralson County Water Authority Heard County Water Authority Henry County Water Authority Hospital Authority of Floyd County Hospital Authority of Valdosta and
Lowndes County, Georgia Hospital Authority of Washington County Housing Authority of the City of Clayton, Georgia Housing Authority of the City of Conyers Housing Authority of the City of Covington Housing Authority of the City of Lavonia Housing Authority of the City of Mt. Vernon Housing Authority of the City of Vidalia Housing Authority of the City of Vienna Housing Authority of the City of Villa Rica Jackson County Water and Sewerage Authority Jasper County 911 Authority Jonesboro Housing Authority
TYPE OF PLAN GMEBS Single-Employer
Single-Employer Single-Employer Single-Employer Single-Employer
Single-Employer GMEBS
GMEBS Single-Employer GMEBS GMEBS Single-Employer ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS Single-Employer ACCG GMEBS GMEBS Single-Employer
Single-Employer Single-Employer GMEBS GMEBS ACCG GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS GMEBS
INFLATION RATE 2.25%
Not Reported
2.75% 2.40% 2.50% Not Reported
1.70% 2.25%
2.25% Not Reported
2.25% 2.25% 2.00% 2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.50% 2.00% 2.25% 2.25% Not Reported
0.00% *3
2.25% 2.25% 2.00% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25% 2.25%
Page E-10
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
6.20%
Not Reported
7.00% 7.15% 7.00% 3.00%
5.50% 7.38%
7.38% 6.00% 7.38% 7.38% 7.00% 7.00% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.25% 7.00% 7.38% 7.38% 6.00%
7.50% *3
7.38% 7.38% 7.00% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38% 7.38%
0.00-3.00% 0.85-4.46%
0.50% Not Reported
1.05-4.65% 0.75-6.25%
0.75-6.25% 3.50%
0.75-6.25% 0.75-6.25%
5.00% Not Reported 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% Not Reported
2.00% 0.75-6.25% 0.75-6.25% Not Reported
0.00% *3
0.75-6.25% 0.75-6.25%
2.00% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25% 0.75-6.25%
POSTRETIREMENT BENEFIT INCREASES
0.00% 2.50%
3.00% 3.00% 2.40% 0.00% 0.00%
Not Reported 0.00%
0.00% 1.00% 0.00% 0.00% 5.00% Not Reported 0.00-2.25% 0.00% 0.00% 0.00-1.70% 0.00% 2.10% 0.00% Not Reported Not Reported 0.00% 2.75% Not Reported
0.00% *3
0.00% 2.10% Not Reported 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Lagrange Housing Authority Lagrange-Troup County Hospital Authority Liberty Consolidated Planning Commission Macon Water Authority Macon-Bibb County Transit Authority Metropolitan Atlanta Rapid Transit Authority
ATU Local 732 Union Plan Metropolitan Atlanta Rapid Transit Authority
Non-Represented Plan Middle Flint Regional E-911 Authority Newnan Water and Light Commission Northeast Georgia Housing Authority Polk County Water, Sewage and Solid Waste Authority Satilla Regional Water and Sewer Authority *1 Sinclair Water Authority Towns County Water and Sewerage Authority Unadilla Housing Authority Valdosta-Lowndes County Parks and Recreation Authority Walker County Water and Sewerage Authority
Appendix E: Actuarial Assumptions
TYPE OF PLAN GMEBS Single-Employer GMEBS Single-Employer Single-Employer
Single-Employer
Single-Employer ACCG Single-Employer GMEBS Single-Employer ACCG ACCG GMEBS GMEBS GMEBS Single-Employer
INFLATION RATE 2.25%
Not Reported 2.25% *3 2.00%
Not Reported
2.25% 2.00% 3.00% 2.25% 3.00% 2.00% 2.00% 2.25% 2.25% 2.25% Not Reported
ACTUARIAL ASSUMPTIONS WITH RESPECT TO:
INVESTMENT
PROJECTED
RETURN
SALARY INCREASES
7.38%
0.75-6.25%
7.00%
Not Reported
7.38%
0.75-6.25%
*3
*3
6.00%
1.00%
7.00%
4.50%
5.50% 7.00% 5.75% 7.38% 6.50% 7.00% 7.00% 7.38% 7.38% 7.38% 5.00%
4.50% 2.00% 2.00% 0.75-6.25% 4.00% 2.00% 1.00% 0.75-6.25% 0.75-6.25% 0.75-6.25% 4.00%
*1 - New plan for this reporting period. *2 - No amounts reported since plan is maintained on a pay-as-you-go basis. Contributions to the plan are generally made at about the same time and in
about the same amount as benefit payments and expenses become due. This is allowable since the plan was closed prior to 1983. *3 - Government has not submitted all information required and is not in compliance with O.C.G.A. 47-1-3. *4 - Plan was transferred from a single-employer plan to ACCG or GMEBS since last report. Current year ACCG or GMEBS data presented when available. *5 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a City of Macon Plan *6 - The City of Macon and Bibb County consolidated into one government in 2014. This plan was formerly a Bibb County Plan *7 - Since City of Atlanta General Employees Pension Fund includes certain employees of the Atlanta Board of Education, information is provided with City of Atlanta.
POSTRETIREMENT BENEFIT INCREASES
0.00% Not Reported
0.00% *3
1.50%
0.00%
Not Reported Not Reported Not Reported
2.25% 0.00% Not Reported Not Reported 0.00% 0.00% 0.00% 0.00%
Page E-11
APPENDIX F
RETIREMENT AND POSTEMPLOYMENT BENEFITS OTHER THAN DEFINED BENEFIT PLANS
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Cities Acworth Adairsville Adel Alma Alpharetta Alto Aragon Arcade Ashburn Auburn Austell Bainbridge Baldwin Barnesville Berkeley Lake Blackshear Blairsville Blakely Bloomingdale Brooks Brunswick Buford Byron Cairo Canton Carnesville Carrollton Cartersville Cave Spring Chatsworth Chester Chickamauga Clarkesville
Defined Contribution
Plan(s)
X
X X X X X X X X
X X X X X X X
X
X X
X X X X X
X
Deferred Compensation
Plan(s)
X X X X X X
X
X X
X X
X X
X X
X X X X X
X X
Postemployment Healthcare Benefits X
X X
X
X
X
X X X X
Page F-1
Other Postemployment
Benefits
X
X
X X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Clarkston Clermont Cleveland Colquitt Commerce Concord Conyers Cordele Cornelia Crawford Cumming Cuthbert Dahlonega Dallas Dalton Davisboro Dawson Dawsonville Decatur Demorest Dillard Donalsonville Dublin Duluth Dunwoody East Dublin East Ellijay East Point Eastman Eatonton Edison Elberton Eton Fairburn Fitzgerald
Defined Contribution
Plan(s) X X X
X X X
X
X
X X X X X X X X X
X X X X
X X
X X
Page F-2
Deferred Compensation
Plan(s) X
X X X
X X
X
X X X
X
X X X
X
X
X X X X
Postemployment Healthcare Benefits X
X X X
X X X X
X
X X X
Other Postemployment
Benefits X
X
X
X
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Forsyth Fort Oglethorpe Franklin Gainesville Glennville Grantville Grovetown Guyton Hampton Hapeville Harlem Hartwell Hazlehurst Helen Hephzibah Hiawassee Hoboken Holly Springs Jackson Jasper Jenkinsburg Jesup Jonesboro Kennesaw Kingsland LaGrange Lake City Lakeland Lawrenceville Lenox Lincolnton Lithonia Locust Grove Loganville Louisville
Defined Contribution
Plan(s) X X X X
X
X
X X
X
X X
X X X
X X X X
X X
Page F-3
Deferred Compensation
Plan(s) X X
X
X
X X X X X X X X X X X
X X
X X X X
X X
Postemployment Healthcare Benefits
X X X
X X
X
X X X X X X
X X
X
Other Postemployment
Benefits X X
X
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Lovejoy Ludowici Manchester Marietta McCaysville Menlo Milledgeville Millen Milner Molena Moultrie Mount Airy Mount Zion Nahunta Newnan Oakwood Ocilla Oglethorpe Oxford Parrott Peachtree City Peachtree Corners Pearson Pelham Pine Lake Pine Mountain Powder Springs Riceboro Richmond Hill Ringgold Rochelle Rossville Roswell Royston Rutledge
Defined Contribution
Plan(s) X X X X X X
X X
X
X X
X X X X X X
X X X
X X X X X X X
Page F-4
Deferred Compensation
Plan(s)
X X
X
X X
X X X X X X X
X X X
Postemployment Healthcare Benefits X X
X X X
X
X X X
Other Postemployment
Benefits
X
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Sale City Sardis Savannah Senoia Shiloh Sky Valley Smyrna Snellville Social Circle Statham Sugar Hill Summerville Summerville Suwanee Suwanee Thomasville Toccoa Trion Turin Tybee Island Tyrone Union Point Valdosta Varnell Vidalia Vienna Villa Rica Warner Robins Watkinsville Waverly Hall Waycross Waynesboro West Point Whigham Willacoochee
Defined Contribution
Plan(s)
X
X
X X
X X
X X X X X X X
X
X X X X X X X X X
X Page F-5
Deferred Compensation
Plan(s)
X X X X X X X
X
X
X X
X X X X X
X X X
Postemployment Healthcare Benefits X
X
X X X
X X
X X
Other Postemployment
Benefits X X
X
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Winder Winterville Woodstock Wrens Young Harris
Defined Contribution
Plan(s) X X X
X
Deferred Compensation
Plan(s) X
X
Postemployment Healthcare Benefits X
Counties Appling County Atkinson County Baker County Baldwin County Barrow County Bartow County Ben Hill County Bleckley County Brantley County Brooks County Bulloch County Burke County Butts County Candler County Carroll County Catoosa County Charlton County Chatham County Cherokee County Clayton County Clinch County Cobb County Colquitt County Cook County Coweta County Crawford County Crisp County Decatur County Dooly County
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page F-6
Other Postemployment
Benefits X
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Dougherty County Douglas County Early County Elbert County Evans County Fannin County Fayette County Floyd County Forsyth County Fulton County Gilmer County Glascock County Glynn County Gordon County Grady County Greene County Gwinnett County Habersham County Hall County Hancock County Harris County Heard County Irwin County Jasper County Jeff Davis County Lamar County Lanier County Laurens County Liberty County Lincoln County Long County Lowndes County Macon County Madison County McDuffie County Meriwether County
Defined Contribution
Plan(s)
X X
X X
X X
X X X X X X X X
X X X X X X X
X X X
X X
Page F-7
Deferred Compensation
Plan(s) X X
X X
X X X X
X
X X X X
X X X X X X X X X X X X X X X X X
Postemployment Healthcare Benefits X X
X X X
X X X X X
X
X
X
Other Postemployment
Benefits X X
X
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Mitchell County Monroe County Montgomery County Oconee County Paulding County Peach County Pickens County Pierce County Pike County Polk County Putnam County Randolph County Rockdale County Spalding County Stephens County Stewart County Talbot County Taliaferro County Tattnall County Telfair County Tift County Towns County Treutlen County Union County Walker County Ware County Washington County Wayne County Whitfield County Wilcox County Wilkes County Wilkinson County
Consolidated Governments Athens-Clarke County Columbus-Muscogee County
Defined Contribution
Plan(s)
X X X X X X X X X X
X X X X X X X X X X X X X X X X X X
X
Deferred Compensation
Plan(s) X X X X X X X X X X X
X X
X X X X X X X
X X
X
X
X X
Postemployment Healthcare Benefits X X X X X X
X X X X X X
Page F-8
Other Postemployment
Benefits
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government Cusseta-Chattahoochee County Macon-Bibb County
Defined Contribution
Plan(s)
X
Deferred Compensation
Plan(s)
X
Postemployment Healthcare Benefits
X X
Regional Commissions Atlanta Regional Commission Central Savannah River Area Regional Commission Coastal Regional Commission Heart of Georgia - Altamaha Regional Commission Middle Georgia Regional Commission Northeast Georgia Regional Commission Northwest Georgia Regional Commission Southern Georgia Regional Commission Southwest Georgia Regional Commission Three Rivers Regional Commission
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Local Boards of Education Appling County Board of Education Bacon County Board of Education Baker County Board of Education Baldwin County Board of Education Bibb County Board of Education Bleckley County Board of Education Brantley County Board of Education Bryan County Board of Education Bulloch County Board of Education Burke County Board of Education Calhoun County Board of Education Camden County Board of Education Candler County Board of Education Carroll County Board of Education Catoosa County Board of Education Savannah-Chatham County Board of Education Chattooga County Board of Education Cherokee County Board of Education Clarke County Board of Education
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Page F-9
Other Postemployment
Benefits X X
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Clinch County Board of Education Cook County Board of Education Coweta County Board of Education Dade County Board of Education Dawson County Board of Education Decatur County Board of Education Dodge County Board of Education Dooly County Board of Education Dougherty County Board of Education Douglas County Board of Education Echols County Board of Education Elbert County Board of Education Fannin County Board of Education Fayette County Board of Education Floyd County Board of Education Forsyth County Board of Education Franklin County Board of Education Gwinnett County Board of Education Habersham County Board of Education Hall County Board of Education Harris County Board of Education Heard County Board of Education Houston County Board of Education Irwin County Board of Education Jackson County Board of Education Jasper County Board of Education Jefferson County Board of Education Johnson County Board of Education Jones County Board of Education Laurens County Board of Education Lincoln County Board of Education Lowndes County Board of Education Lumpkin County Board of Education Macon County Board of Education Madison County Board of Education
Defined Contribution
Plan(s) X X X X
X X X X X X X X X X X X
X
X Page F-10
Deferred Compensation
Plan(s) X
X
X
X X X X X X X X
X
X X X X X
X X X X X X
X X X X
Postemployment Healthcare Benefits
X X X X X
X
X X X X
Other Postemployment
Benefits
X
X X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
McDuffie County Board of Education Meriwether County Board of Education Mitchell County Board of Education Monroe County Board of Education Morgan County Board of Education Muscogee County Board of Education Newton County Board of Education Oglethorpe County Board of Education Paulding County Board of Education Peach County Board of Education Pickens County Board of Education Pulaski County Board of Education Putnam County Board of Education Rabun County Board of Education Randolph County Board of Education Rockdale County Board of Education Schley County Board of Education Screven County Board of Education Seminole County Board of Education Griffin-Spalding County Board of Education Stewart County Board of Education Taliaferro County Board of Education Taylor County Board of Education Terrell County Board of Education Thomas County Board of Education Toombs County Board of Education Treutlen County Board of Education Twiggs County Board of Education Walker County Board of Education Walton County Board of Education Ware County Board of Education Washington County Board of Education Wayne County Board of Education Webster County Board of Education Wheeler County Board of Education
Defined Contribution
Plan(s)
X X X X X X X X X
X X X X X
X X X X X
Page F-11
Deferred Compensation
Plan(s) X X X
X X X X X
X X
X X X X X X
X X X X X X X X
X X X
X X
Postemployment Healthcare Benefits X X
X X X X X X
X X X
X
X X X X
Other Postemployment
Benefits X X X X
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
White County Board of Education Wilcox County Board of Education Wilkes County Board of Education Wilkinson County Board of Education Worth County Board of Education City of Atlanta Board of Education City of Bremen Board of Education City of Buford Board of Education City of Carrollton Board of Education City of Cartersville Board of Education City of Chickamauga Board of Education City of Dalton Board of Education City of Gainesville Board of Education City of Jefferson Board of Education City of Marietta Board of Education City of Social Circle Board of Education City of Thomasville Board of Education City of Trion Board of Education City of Valdosta Board of Education
Defined Contribution
Plan(s)
X
X X
X X
X X X X X
Deferred Compensation
Plan(s) X
X X
X X X X
X X X X X X X X
Postemployment Healthcare Benefits X
X
Local Authorities
Albany Dougherty Payroll Development Authority
X
Austell Gas System
X
X
Barnesville Housing Authority
X
X
Brunswick and Glynn County Development Authority
X
Butts County, City of Flovilla, City of Jackson, and City of Jenkinsburg
Water and Sewer Authority
X
Carroll County Water Authority
X
Chatham Area Transit Authority
X
X
X
Chatsworth Water Commission
X
Cherokee County Water and Sewerage Authority
X
X
Classic Center Authority for Clarke County
X
X
Claxton Housing Authority
X
Cobb County-Marietta Water Authority
X
Page F-12
Other Postemployment
Benefits
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Cobb-Marietta Coliseum and Exhibit Hall Authority Coweta County Water and Sewerage Authority Dade County Water and Sewer Authority Development Authority of Bulloch County Development Authority of Cherokee County Development Authority of Douglas County Development Authority of Fulton County Development Authority of Heard County Development Authority of Union County Development Authority of Wayne County Ellijay-Gilmer County Water and Sewerage Authority Etowah Water and Sewer Authority Fayette County Development Authority Franklin Housing Authority Fulton County/City of Atlanta Land Bank Authority, Inc. Haralson County Water Authority Hazelhurst Housing Authority Heard County Water Authority Hospital Authority of Candler County Hospital Authority of Colquitt County Hospital Authority of Columbus, Georgia Hospital Authority of Irwin County Hospital Authority of Miller County Hospital Authority of Monroe County Housing Authority of Columbus, Georgia Housing Authority of Screven County Housing Authority of the City of Americus, GA Housing Authority of the City of Ashburn Housing Authority of the City of Athens, Georgia Housing Authority of the City of Atlanta, Georgia Housing Authority of the City of Augusta, Georgia Housing Authority of the City of Baxley Housing Authority of the City of Camilla Housing Authority of the City of Colquitt Housing Authority of the City of Covington
Defined Contribution
Plan(s) X X X X X X
X X X X X X X X X X X
X X X X X X X X X X
X X X X X
Page F-13
Deferred Compensation
Plan(s) X X
X X
X X
X X X X
X X X X
Postemployment Healthcare Benefits
X
X X X X X
Other Postemployment
Benefits
X X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Housing Authority of the City of Cuthbert, Ga Housing Authority of the City of Decatur, Georgia Housing Authority of the City of Eatonton Housing Authority of the City of Ellijay, Georgia Housing Authority of the City of Hogansville Housing Authority of the City of Lawrenceville, Ga Housing Authority of the City of Louisville Housing Authority of the City of Lyons Housing Authority of the City of Marietta Housing Authority of the City of McDonough Housing Authority of the City of Millen Housing Authority of the City of Monroe, Ga Housing Authority of the City of Moultrie, Georgia Housing Authority of the City of Nashville, Georgia Housing Authority of the City of Newnan Housing Authority of the City of Perry, Georgia Housing Authority of the City of Sandersville Housing Authority of the City of Statesboro Housing Authority of the City of Summerville Housing Authority of the City of Swainsboro Housing Authority of the City of Sylvania Housing Authority of the City of Vidalia Housing Authority of the City of Villa Rica Housing Authority of the City of Waycross Housing Authority of the City of Waynesboro Housing Authority of the City of Winder Jackson County Water and Sewerage Authority Joint Grady County Development Authority Lower Chattahoochee Regional E-911 Authority Macon-Bibb County Transit Authority Madison County Industrial Development and Building Authority Metropolitan Atlanta Rapid Transit Authority Middle Flint Regional E-911 Authority Newnan Water and Light Commission Newton County Industrial Development Authority
Defined Contribution
Plan(s) X X X X X X X X X X X X X X X X X X X X X X
X X X X X
X X X X X X
Page F-14
Deferred Compensation
Plan(s) X X
X
X X X X X
X
X
X
X X X X
Postemployment Healthcare Benefits
X X X
X X
Other Postemployment
Benefits
X
X
X
Appendix F: Retirement and Postemployment Benefits Other Than Defined Benefit
Name of Government
Newton County Water and Sewerage Authority Northwest Georgia Joint Development Authority Notla Water System Peachtree City Airport Authority Pierce County Industrial Development and Building Authority Pike County Parks & Recreation Authority Rabun County Water and Sewer Authority Satilla Regional Water and Sewer Authority Solid Waste Management Authority of Atkinson County Tennille Housing Authority Towns County Water and Sewerage Authority Tri-County Joint E-911 Authority Tri-County Natural Gas System Valdosta-Lowndes County Parks and Recreation Authority Wayne County Industrial Development Authority White County Water and Sewerage Authority Wilkinson County Water and Sewer Authority
Defined Contribution
Plan(s) X X X X X X X
X X X X X
X X X
Deferred Compensation
Plan(s)
Postemployment Healthcare Benefits X
X
X
X
X
X X
X
X
X
Other Postemployment
Benefits
Page F-15
APPENDIX G
PUBLIC RETIREMENT SYSTEMS STANDARDS LAW HISTORY OF SIGNIFICANT CHANGES
Appendix G: Public Retirement Systems Standards Law
History of Significant Changes
No significant changes have been enacted since the publishing of our prior report in 2021.
Effective July 1996, local retirement plans established or maintained under Article IX, Section II of the Constitution of Georgia are also required to certify that they have complied with the investment provisions outlined in O.C.G.A. 47-20-83. This Code section provides that certain local retirement plans shall not invest more than 50 percent of retirement plan assets in equities. This code section also prohibits investments in business entities organized in a country other than the United States or Canada. However, plans with assets in excess of $50 million may invest up to 55 percent of their assets in equities and up to 10 percent in corporations or in obligations of corporations organized in a country other than the United States or Canada. Systems that are not in compliance at all times during the reporting period are required to provide to the State Auditor a description of the noncompliance, the reason for the noncompliance, and an explanation of the corrective action taken.
Effective January 31, 2000, the provisions of this Code section were modified due to enactment of House Bill 617, the Public Retirement Systems Investment Authority Law. One of the provisions of this law was an increase in the percentage of total plan funds allowed to be invested in equities. Certain retirement plans with assets in excess of $50 million may not invest more than 60 percent of its assets in equities; all other funds may not invest more than 55 percent. These requirements are codified in O.C.G.A. 47-20-84. House Bill 617 also provided that any fund not in compliance with the limitations would be granted a two-year period to come into compliance, provided that during the period, the fund did not increase the percentage of its assets invested in equities.
Effective July 1, 2007, the provisions of this Code section were modified due to enactment of House Bill 318. One of the provisions of this bill was
Page G-1
Appendix G: Public Retirement Systems Standards Law
History of Significant Changes
to increase the percentage of total plan funds allowed to be invested in corporations or in obligations of corporations organized in a country other than the United States or Canada. Certain retirement plans with assets in excess of $50 million may not invest more than 15 percent of its assets in such investments.
In 2009, the General Assembly passed House Bill 371, which became effective April 21, 2009. This bill changed the definition of a large retirement system to include any system which has more than $200 million in assets and certain retirement systems with an accumulated unfunded actuarial liability not greater than 25 percent of total assets (30 percent if total assets exceed $50 million). The bill also increases the percentage of retirement system assets that may be invested in equities. The limit was increased to 65 percent of total assets prior to July 1, 2010. The limit increased to 70 percent on July 1, 2010, and increased to 75 percent on July 1, 2011. No fund may increase its assets in equities through purchase by more than 20 percent in any fiscal year. Finally, this bill removes the limitation on the percentage of system assets that large retirement systems may invest in corporations or in obligations of corporations organized in a country other than the United States or Canada subject to the provisions of O.C.G.A. 47- 20-83(a)(1).
In 2014, the General Assembly passed House Bill 761, which became effective July 1, 2014. This bill amended O.C.G.A. 47-20-10 so as to retain the funding parameters of GASB Statement 25 as the required minimum funding standards in Georgia. In 2015, the General Assembly passed House Bill 217, which became effective July 1, 2015. This bill amended O.C.G.A. 47-20-83 so as to authorize public retirement systems to invest in mutual funds, commingled funds, collective investment funds, common trusts, and group trusts.
Page G-2
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