- Collection:
- Georgia Government Publications
- Serial:
- Annual financial audit ... Peace Officers' Annuity and Benefit Fund of Georgia, a component unit of the State of Georgia : schedule of employer and nonemployer allocations and schedule of pension amounts by employer and nonemployer.
- Title:
- Annual financial audit, 2022 June 30, Peace Officers' Annuity and Benefit Fund of Georgia, a component unit of the State of Georgia : schedule of employer and nonemployer allocations and schedule of pension amounts by employer and nonemployer.
- Contributor to Resource:
- Georgia. Department of Audits and Accounts, issuing body.
- Publisher:
- Atlanta, Georgia : Georgia Department of Audits & Accounts
- Date of Original:
- 2023-06-16
- Subject:
- Peace Officers' Annuity and Benefit Fund of Georgia--Finance--Periodicals.
Peace officers--Pensions--Georgia--Auditing--Periodicals.
Peace officers--Pensions--Georgia--Finance--Statistics--Periodicals.
Georgia Government Documents--Serial - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Report year covers fiscal year.
Other titles issued as part of this resource include: Audit report, Peace Officers' Annuity and Benefit Fund of Georgia, a component unit of the State of Georgia; Review report, Peace Officers' Annuity and Benefit Fund of Georgia, a component unit of the State of Georgia; Peace Officers' Annuity and Benefit Fund of Georgia, report on review of the financial statements for the fiscal year ended ...; Management report, Peace Officers' Annuity and Benefit Fund of Georgia, a component unit of the State of Georgia; or: Peace Officers' Annuity and Benefit Fund of Georgia, financial statements ... (with independent auditor's report thereon).
June 30, 2021; title from PDF cover (Georgia Government Publications database, viewed January 14, 2024).
June 30, 2022 (Georgia Government Publications database, viewed January 14, 2024). - External Identifiers:
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_1484479296-2023-06-16
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_1484479296-2023-06-16
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
ANNUAL FINANCIAL AUDIT JUNE 30, 2022
Peace Officers' Annuity and Benefit Fund of Georgia
A Component Unit of the State of Georgia
Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
Greg S. Griffin | State Auditor Kristina A. Turner | Deputy State Auditor
Greg S. Griffin State Auditor
INDEPENDENT AUDITOR'S REPORT
Members of the Board of Commissioners of the Peace Officers' Annuity and Benefit Fund of Georgia
and Mr. Homer Bryson, Secretary-Treasurer Peace Officers' Annuity and Benefit Fund of Georgia
Opinions
We have audited the schedule of employer and nonemployer allocations of the Peace Officers' Annuity and Benefit Fund of Georgia (Fund), a component unit of the State of Georgia, as of and for the year ended June 30, 2022, and the related notes. We have also audited the total for all entities of the columns titled net pension liability, total deferred outflows of resources, total deferred inflows of resources, and total employer pension expense (specified column totals) included in the accompanying schedule of pension amounts by employer and nonemployer of the Fund as of and for the year ended June 30, 2022, and the related notes.
In our opinion, the Schedules referred to above present fairly, in all material respects, the employer and nonemployer allocations and net pension liability, total deferred outflows of resources, total deferred inflows of resources and total employer pension expense of the Fund as of and for the year ended June 30, 2022 in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Schedules section of our report.
We are required to be independent of the Fund, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Schedules
Management is responsible for the preparation and fair presentation of the schedule of employer and nonemployer allocations and the schedule of pension amounts by employer and nonemployer (collectively, the Schedules) in accordance with accounting principles generally accepted in the United States of America and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the Schedules that are free from material misstatement, whether due to fraud or error.
270 Washington Street, SW, Suite 4-101 Atlanta, Georgia 30334 | Phone (404) 656-2180
Auditor's Responsibilities for the Audit of the Schedules
Our objectives are to obtain reasonable assurance about whether the Schedules are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the Schedules.
In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the Schedules, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the Schedules.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the Schedules.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.
Other Matter
We have audited, in accordance with the auditing standards generally accepted in the United States of America, the financial statements of the Fund as of and for the year ended June 30, 2022. Our report thereon, dated June 16, 2023, expressed an unmodified opinion on those financial statements.
Restriction on Use Our report is intended solely for the information and use of the Fund's management, the Board of Commissioners, the Fund employers, nonemployer contributing entities, and their auditors and is not intended to be and should not be used by anyone other than these specified parties. Respectfully submitted,
Greg S. Griffin State Auditor
June 16, 2023
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Number of Active Members
Allocation Percentage
State of Georgia - Nonemployer Contributing Entity
State's Proportionate Share Associated with:
Abraham Baldwin College Acworth Police Department Adairsville Police Department Adel Police Department Alamo Police Department Albany Police Department Albany State University Alcovy Judicial Circuit Alma Police Department Alpharetta Police Department Alto Police Department Americus Police Department Appalachian Judicial Circuit Appling Co. Sheriff's Office Arcade Police Department Athens Diversion Center Athens Technical College Athens-Clarke Co. Marshall Athens-Clarke County Police Department Atkinson County School Police Department Atkinson County Sheriff Atlanta Department of Corrections Atlanta Judicial Circuit Atlanta Metro College Atlanta Police Department Atlanta Public Schools Police Department Atlanta Technical College Atlantic Judicial Circuit Auburn Police Department Augusta Judicial Circuit Augusta Technical College Augusta University Augusta-Richmond County Police Department Austell Police Department Avondale Estates Police Department Bacon County Sheriff's Office Bainbridge Marshal's Office
Bainbridge Police Department Baker County Sheriff's Office Baldwin County Sheriff's Office Baldwin Police Department Ball Ground Police Department
Banks County Sheriff's Office
Barnesville Police Department
3
0.0215%
25
0.1796%
10
0.0718%
5
0.0359%
1
0.0072%
19
0.1365%
1
0.0072%
2
0.0144%
4
0.0287%
54
0.3879%
2
0.0144%
9
0.0646%
3
0.0215%
10
0.0718%
2
0.0144%
1
0.0072%
2
0.0144%
1
0.0072%
104
0.7470%
1
0.0072%
1
0.0072%
3
0.0215%
1
0.0072%
3
0.0215%
579
4.1589%
27
0.1939%
1
0.0072%
2
0.0144%
3
0.0215%
3
0.0215%
2
0.0144%
4
0.0287%
4
0.0287%
8
0.0575%
15
0.1077%
4
0.0287%
2
0.0144%
8
0.0575%
1
0.0072%
21
0.1508%
8
0.0575%
2
0.0144%
25
0.1796%
5
0.0359%
3
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Barrow County Sheriff's Office
Bartow County Sheriff's Office
Bartow County School System
Baxley Police Department
Ben Hill County Sheriff's Office
Berlin Police Department
Berrien County Sheriff's Office
Bibb County Board of Education
Bibb County Probation Office
Bibb County Sheriff's Office
Blackshear Police Department
Blairsville Police Department
Blakely Police Department
Bleckley County Sheriff
Bloomingdale Police Department
Blue Ridge Judicial Circuit
Blue Ridge Police Department
Board Of Regents Campus Police Department Bowdon Police Department Brantley County Sheriff's Office Braselton Police Department Bremen Police Department Brookhaven Police Dept Brooks County Sheriff's Office Brunswick Judicial Circuit Brunswick Police Department Bryan County Sheriff's Office Buford City Schools Bulloch Co Code Enforcement Bulloch County Board of Education Bulloch County Correctional Institute Bulloch County Probation Bulloch County Sheriff's Office Burke County Sheriff's Office Butler Police Department Butts County Sheriff Byron Police Department Cairo Police Department Calhoun Police Department Camden County Sheriff Camilla Police Department Candler County Sheriff Canon Police Department Canton Police Department Carroll County Correctional Institution Carroll County Sheriff Carrollton Police Department
Number of
Active Members
31
105
4 2
7 2
3 2
2 170
7
4 4
12
12 3
10 1 1 6 1 2 53 2 1 6 13 4 1 1 8 1 45 30 2 11 6 12 26 64 5 13 1 42 6 118 54
Allocation
Percentage
0.2227%
0.0287%
0.7542% 0.0144%
0.0503% 0.0144%
0.0215% 0.0144%
0.0144% 1.2211%
0.0503%
0.0287% 0.0287%
0.0862%
0.0862% 0.0215%
0.0718% 0.0072% 0.0072% 0.0431% 0.0072% 0.0144% 0.3807% 0.0144% 0.0072% 0.0431% 0.0934% 0.0287% 0.0072% 0.0072% 0.0575% 0.0072% 0.3232% 0.2155% 0.0144% 0.0790% 0.0431% 0.0862% 0.1868% 0.4597% 0.0359% 0.0934% 0.0072% 0.3017% 0.0431% 0.8476% 0.3879%
4
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Cartersville Police Department Catoosa County Sheriff Cedartown Police Department Centerville Police Department Central Ga Tech College Chamblee Police Department Charlton County Sheriff Chatham County District Attorney Chatham County Marine Patrol
Chatham County Board of Education Police Department Chatham County Police Chatham County Sheriff Chatsworth Police Department Chattahoochee County Sheriff Chattahoochee Hills Police Department Chattahoochee Jud. Circuit Chattahoochee Tech College Chattooga County Sheriff Chauncey Police Dept Cherokee County Board of Education Cherokee County Probation Service Cherokee County Sheriff's Office Cherokee County Solicitor's Office Cherokee County Marshal's Office Cherokee Judicial Circuit Chickamauga Police Department Clarke County Correctional Institute Clarke County Probation Services Clarke County Sheriff Clarkesville Police Department
Clarkston Police Department
Claxton Police Department Clay County Sheriff Clayton County Solicitor Gen. Clayton County Correctional Institute Clayton County Judicial Circuit Clayton County Police Dept Clayton County Sheriff Clayton County School Police Clayton Judicial Circuit Clayton Police Department Clayton State College Cleveland Police Department Coastal Georgia College Cobb County Board of Education Cobb County Park Police Cobb County Police Department
Number of
Active Members
29 10 19 1 2 64 4 3 4
12 50 95 17 1 5 2 5 19 1 8 2 125 5 13 1 2 8 5 40 3
6
10 6 7 8 1 93 22 11 1 12 1 10 4 25 1 342
Allocation
Percentage
0.2083% 0.0718% 0.1365% 0.0072% 0.0144% 0.4597% 0.0287% 0.0215% 0.0287%
0.0862% 0.3591% 0.6824% 0.1221% 0.0072% 0.0359% 0.0144% 0.0359% 0.1365% 0.0072% 0.0575% 0.0144% 0.8979% 0.0359% 0.0934% 0.0072% 0.0144% 0.0575% 0.0359% 0.2873% 0.0215%
0.0431%
0.0718% 0.0431% 0.0503% 0.0575% 0.0072% 0.6680% 0.1580% 0.0790% 0.0072% 0.0862% 0.0072% 0.0718% 0.0287% 0.1796% 0.0072% 2.4565%
5
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Cobb County Sheriff Cobb Judicial Circuit Cochran Police Department Coffee County Sheriff Cohutta Police Department College Park Police Department Colquitt County Correctional Institution Colquitt County Sheriff Columbia County Board of Education Police Department Columbia County Sheriff Columbus Police Department Columbus State University Columbus Technical College Commerce Police Department Conasauga Judicial Circuit Conyers Police Department Cook County Sheriff
Cordele Police Department Cornelia Police Department Covington Police Department Coweta County Correctional Institute Coweta County District Attorney Coweta County State Probation Coweta County Sheriff Coweta Judicial Circuit Crawford County Sheriff Crisp County Sheriff Cumming Police Department Cuthbert Police Department Dacula Marshal's Office Dade County Sheriff
Dahlonega Marshal's Office Dahlonega Police Department Dallas Marshal's Office Dallas Police Department Dalton College Police Department Dalton Police Department Danielsville Police Department Darien Police Department Davisboro Police Department Dawson County Sheriff Decatur County Countyrrectional Institute Decatur County Sheriff Decatur Police Department Dekalb County Board of Education Dekalb County District Attorney Dekalb County Probation Department
Number of
Active Members
222 10 2 6 4 21 6 15 5 51 147 3 1 9 1 20 1
4 10 34 52 2 3 115 1 2 46 18 2 2 9
1 1 1 10 4 82 2 2 1 27 2 28 24 21 17 10
Allocation
Percentage
1.5946% 0.0718% 0.0144% 0.0431% 0.0287% 0.1508% 0.0431% 0.1077% 0.0359% 0.3663% 1.0559% 0.0215% 0.0072% 0.0646% 0.0072% 0.1437% 0.0072%
0.0287% 0.0718% 0.2442% 0.3735% 0.0144% 0.0215% 0.8260% 0.0072% 0.0144% 0.3304% 0.1293% 0.0144% 0.0144% 0.0646%
0.0072% 0.0072% 0.0072% 0.0718% 0.0287% 0.5890% 0.0144% 0.0144% 0.0072% 0.1939% 0.0144% 0.2011% 0.1724% 0.1508% 0.1221% 0.0718%
6
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Dekalb CountyMarshals Office Dekalb County Police Department Dekalb County Sheriff Dekalb County Solicitor Demorest Police Department Department of Juvenile Justice Department of Natural Resources Department of Transportation Dillard Police Department Dodge County Sheriff Donalsonville Police Department Dooly County Sheriff Doraville Police Department Dougherty County Police Department Dougherty County Board of Education Dougherty County Sheriff Dougherty Judicial Circuit Douglas County Board of Education Douglas County District Attorney's Office Douglas County Sheriff Douglas Judicial Circuit
Douglas Marshal's Office Douglas Police Department Douglasville Police Department Dublin Police Department Duluth Police Department Dunwoody Police Department Early County Dep Public Safety East Ellijay Police Department East Georgia College Police Department East Point Police Department Eastern Judicial Circuit Eastman Police Department Eatonton Police Department Echols County Sheriff Edison Police Department Effingham County Correctional Institute Effingham County Prison Effingham County Sheriff Elbert County Sheriff Elberton Police Department Ellaville Police Department Ellijay Police Department Emanuel County Sheriff Emerson Police Department Eton Police Department Euharlee Police Department
Number of
Active Members
4 271 42 7
5 25 183 26 1 7 3 18 16 3 1 36 4 4 1 97 1
1 13 48 10 22 36 3 8 3 35 2 5 2 2 3 1 1 24 7 10 5 9 6 8 3 11
Allocation
Percentage
0.0287% 1.9466% 0.3017% 0.0503% 0.0359% 0.1796% 1.3145% 0.1868% 0.0072% 0.0503% 0.0215% 0.1293% 0.1149% 0.0072% 0.0215% 0.2586% 0.0287% 0.0287% 0.0072% 0.6967% 0.0072%
0.0072% 0.0934% 0.3448% 0.0718% 0.1580% 0.2586% 0.0215% 0.0575% 0.0215% 0.2514% 0.0144% 0.0359% 0.0144% 0.0144% 0.0215% 0.0072% 0.0072% 0.1724% 0.0503% 0.0718% 0.0359% 0.0646% 0.0431% 0.0575% 0.0215% 0.0790%
7
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Evans County Sheriff Fairburn Police Department Fairmount Police Department Fannin County Sheriff Fayette County Solicitor's Office Fayette County Marshal Fayette County Sheriff Fayetteville Police Department Fitzgerald Police Department Flowery Branch Police Dept Floyd County Public Works
Floyd County Police Department Floyd County Prison Floyd County Sheriff Forest Park Police Department Forsyth County District Attny Forsyth County Sheriff Forsyth Police Department Fort Valley Police Department Fort Valley State Univers Franklin County Sheriff Franklin Police Department Franklin Springs Police Fort Oglethorpe Police Department Fulton County District Attorney Fulton County Board of Education Fulton County Marshal Office Fulton County Police Department Fulton County Sheriff Fulton County Solicitor Georgia Bureau of Investigation Georgia College & State University Georgia Department of Corrections Georgia Department of Community Supervision Georgia. Department of Driver Services Georgia DOT Investigations Office Georgia Drugs and Narcotics Georgia Emergency Managment Agency Georgia Insurance Fraud Investigation Unit Georgia Northwestern Tech College Georgia P.O.S.T. Police Force Georgia P.O.S.T. Council Police Georgia Pardons & Paroles Board Georgia Piedmont Tech College Georgia Public Safety Training Center Georgia Secretary Of State Georgia Southwestern State Univ
Number of
Active Members
7 21 6 15 1 3 65 42 9 12 5
50 39 53 15 6 211 4 20 1 14 8 2 9 13 31 11 11 71 3 221 9 345 324 5 1 1 1 9 3 1 9 97 1 20 13 2
Allocation
Percentage
0.0503% 0.1508% 0.0431% 0.1077% 0.0072% 0.0215% 0.4669% 0.3017% 0.0646% 0.0862% 0.0359%
0.3591% 0.2801% 0.3807% 0.1077% 0.0431% 1.5156% 0.0287% 0.1437% 0.0072% 0.1006% 0.0575% 0.0144% 0.0646% 0.0934% 0.2227% 0.0790% 0.0790% 0.5100% 0.0215% 1.5874% 0.0646% 2.4781% 2.3273% 0.0359% 0.0072% 0.0072% 0.0072% 0.0646% 0.0215% 0.0072% 0.0646% 0.6967% 0.0072% 0.1437% 0.0934% 0.0144%
8
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Georgia Tech Police Department Georgia Agricultural Exposition Authority Georgia Attorney General Office Georgia Forestry Commission Gainesville Countyde Enforcement Gainesville Police Department Garden City Police Department Georgia Department of Revenue Georgia Gwinnett College Georgia Highlands College Georgia Medical Board Georgia Perimeter College Georgia Ports Authority Georgia Southern University Georgia State Fire Marshal Georgia State Patrol Georgia State University Georiga Regents University Gilmer County Sheriff Glascock County Sheriff Glennville Police Department Glynn County Board of Education Glynn County Police Department Glynn County Arson Unit Glynn County Sheriff Gordon County Sheriff Gordon Police Department Gordon State College Grady County Sheriff Grantville Police Department Gray Police Department Greene County Sheriff Greensboro Police Department Greenville Police Department Griffin Judicial Circuit Griffin Police Department Grovetown Police Department Guyton Police Department Gwinnett County Correct. Ins. Gwinnett County Police Department Gwinnett County Board of Education Gwinnett County District Attorney's Office Gwinnett County Sheriff Gwinnett County Solicitor Gwinnett Judicial Circuit Gwinnett Technical College Habersham County Sheriff
Number of
Active Members
25 1 1 2 3 72 25 27 8 1 3 3 50 12 2 554 21 1 71 4 1 6 13 1 14 51 3 7 2 2 13 8 4 2 2 25 19 1 31 321 68 6 141 4 14 3 15
Allocation
Percentage
0.1796% 0.0072% 0.0072% 0.0144% 0.0215% 0.5172% 0.1796% 0.1939% 0.0575% 0.0072% 0.0215% 0.0215% 0.3591% 0.0862% 0.0144% 3.9793% 0.1508% 0.0072% 0.5100% 0.0287% 0.0072% 0.0431% 0.0934% 0.0072% 0.1006% 0.3663% 0.0215% 0.0503% 0.0144% 0.0144% 0.0934% 0.0575% 0.0287% 0.0144% 0.0144% 0.1796% 0.1365% 0.0072% 0.2227% 0.0431% 2.3057% 0.4884% 1.0128% 0.0287% 0.1006% 0.0215% 0.1077%
9
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Hahira Police Department Hall County Correctional Institute Hall County Enforcement Division Hall County District Attorney Hall County Marshal Hall County Probation Services Hall County Public Works Hall County Sheriff Hampton Police Department Hancock County Sheriff Hapeville Police Department Haralson County Sheriff Harlem Police Department Harris County Correctional Institute Harris County Sheriff Hart County Sheriff Hartwell Police Department Hazlehurst Police Department Heard County Sheriff Helen Police Department Helena Police Department Henry County District Attorney Henry County Police Department Henry County Sheriff Henry County Solicitor Hephzibah Police Department Hiawassee Police Department Hinesville Police Department Hiram Police Department Hoboken Police Department Hogansville Police Department Holly Springs Police Department Homerville Police Department Houston County Sheriff Irwin County Sheriff Jackson County Correctional Institute Jackson County Sheriff Jackson Police Department Jasper County Sheriff Jasper Police Department Jeff Davis County Sheriff Jefferson County Correctional Institute Jefferson County Sheriff Jefferson Police Department Jeffersonville Police Department Jenkins County Sheriff Jesup Police Department
Number of
Active Members
2 24 1 1 2 4 3 235 8 1 11 19 1 2 31 19 12 4 8 6 2 3 79 53 2 2 3 29 2 1 4 19 1 119 3 13 35 15 32 13 7 2 7 6 1 1 28
Allocation
Percentage
0.0144% 0.1724% 0.0072% 0.0072% 0.0144% 0.0287% 0.0215% 1.6880% 0.0575% 0.0072% 0.0790% 0.1365% 0.0072% 0.0144% 0.2227% 0.1365% 0.0862% 0.0287% 0.0575% 0.0431% 0.0144% 0.0215% 0.5674% 0.3807% 0.0144% 0.0144% 0.0215% 0.2083% 0.0144% 0.0072% 0.0287% 0.1365% 0.0072% 0.8548% 0.0215% 0.0934% 0.2514% 0.1077% 0.2299% 0.0934% 0.0503% 0.0144% 0.0503% 0.0431% 0.0072% 0.0072% 0.2011%
10
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Johns Creek Police Department Johnson County Sheriff Jones County Sheriff Jonesboro Police Department Kennesaw Police Department Kennesaw State University Kingsland Police Department Kingston Police Department Lafayette Police Department Lagrange Police Department Lake City Police Department Lake Park Police Department Lakeland Police Department Lamar County Sheriff Lanier Tech College Police Department Lanier Technical College Laurens County Sheriff Lavonia Police Department Lawrenceville Police Department Lee County Marshals Office Lee County Sheriff Leesburg Police Department Lenox Police Department Leslie Police Department Liberty County Sheriff Lilburn Police Department Lincoln County Sheriff Lincolnton Police Department Lithonia Police Department Locust Grove Police Department Loganville Police Department Long County Sheriff Lookout Mountain Police Louisville Police Department Lovejoy Police Department Lowndes County Sheriff Ludowici Police Department Lumpkin County Sheriff Lyons Police Department Macon County Sheriff Macon Judicial Circuit Macon Police Department Madison County Sheriff Madison Police Department Manchester Police Department Marietta Police Department Marion County Sheriff
Number of
Active Members
34 2 39 5 39 28 7 1 13 77 16 1 1 11 1 3 76 15 44 1 16 13 4 1 32 14 5 1 2 12 20 25 1 4 1 34 1 18 5 1 2 34 16 6 6 82 3
Allocation
Percentage
0.2442% 0.0144% 0.2801% 0.0359% 0.2801% 0.2011% 0.0503% 0.0072% 0.0934% 0.5531% 0.1149% 0.0072% 0.0072% 0.0790% 0.0072% 0.0215% 0.5459% 0.1077% 0.3160% 0.0072% 0.1149% 0.0934% 0.0287% 0.0072% 0.2299% 0.1006% 0.0359% 0.0072% 0.0144% 0.0862% 0.1437% 0.1796% 0.0072% 0.0287% 0.0072% 0.2442% 0.0072% 0.1293% 0.0359% 0.0072% 0.0144% 0.2442% 0.1149% 0.0431% 0.0431% 0.5890% 0.0215%
11
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Marta Police Department Maysville Police Department Mccaysville Police Department Mcdonough Police Department Mcduffie County Schools Police Department Mcduffie County Sheriff Mcintosh County Sheriff Mcintyre Police Department McRae-Helena Police Department Meriwether County Sheriff Metter Police Department Middle Georgia State University Milledgeville Police Department Millen Police Department Miller County Sheriff Milton Police Department Mitchell County Correctional Institute Mitchell County Sheriff Molena Police Department Monroe County Sheriff Monroe Police Department Montezuma Police Department Montgomery County Sheriff Morgan County Sheriff Morrow Police Department Moultrie Police Department Mount Airy Police Department Mount Vernon Police Department Mount Zion Police Department Mountain City Police Department Mountain Judicial Circuit Murray County Marshal Murray County Sheriff Muscogee County Correctional Institute Muscogee County Marshal's Office Muscogee County Sheriff Nahunta Police Department Nashville Marshal's Office Nashville Police Department Newnan Police Department Newton County Sheriff's Department Newton County District Attorney Nicholls Police Department Norcross Police Department North Georgia Technical College
North Georgia College Northeastern Judicial Circuit
Number of
Active Members
65 2 2 22 1 10 8 4 5 12 7 8 7 10 1 28 1 8 1 48 44 6 3 13 21 5 1 2 3 1 1 1 46 5 3 57 2 1 9 40 184 2 3 14 1
1 3
Allocation
Percentage
0.4669% 0.0144% 0.0144% 0.1580% 0.0072% 0.0718% 0.0575% 0.0287% 0.0359% 0.0862% 0.0503% 0.0575% 0.0503% 0.0718% 0.0072% 0.2011% 0.0072% 0.0575% 0.0072% 0.3448% 0.3160% 0.0431% 0.0215% 0.0934% 0.1508% 0.0359% 0.0072% 0.0144% 0.0215% 0.0072% 0.0072% 0.0072% 0.3304% 0.0359% 0.0215% 0.4094% 0.0144% 0.0072% 0.0646% 0.2873% 1.3216% 0.0144% 0.0215% 0.1006% 0.0072%
0.0215% 0.0503%
12
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Northern Judicial Circuit Oakwood Police Department Ocilla Police Department Oconee County Sheriff Oconee Judicial Circuit Ogeechee Judicial Circuit Ogeechee Tech College Police Department Oglethorpe County Sheriff Oglethorpe Police Department Oliver Police Department Omega Police Department Oxford Police Department Peace Officers' Annuity and Benefit Fund Palmetto Police Department Paulding County Marshal Paulding County Sheriff Paulding Judicial Circuit Peach County Sheriff Peachtree City Police Department Pelham Police Department Pembroke Police Department Pendergrass Police Department Perry Police Department Pickens County Sheriff's Office Pierce County Sheriff
Pike County Sheriff's Office
Pine Lake Police Dept
Pine Mountain Police Department Plains Police Department Polk County Police Department Polk County Sheriff Polk School District Police Pooler Police Department Port Wentworth Police Department Portal Police Department Powder Springs Police Department Prosecuting Attorney Council Pulaski County Sheriff Putnam County Sheriff Quitman County Sheriff Quitman Police Department Rabun County Marshal's Office Rabun County Sheriff Randolph County Sheriff Reidsville Police Department Remerton Police Department Reynolds Police Department
Number of
Active Members
7 9 6 61 1 1 1 5 2 1 2 1 10 12 7 203 2 6 24 2 2 3 16 20 3
23
1
2 1 14 12 3 59 16 2 19 3 4 9 6 1 1 11 1 2 1 4
Allocation
Percentage
0.0646% 0.0431% 0.4382% 0.0072% 0.0072% 0.0072% 0.0072% 0.0359% 0.0144% 0.0072% 0.0144% 0.0072% 0.0718% 0.0862% 0.0503% 1.4581% 0.0144% 0.0431% 0.1724% 0.0144% 0.0144% 0.0215% 0.1149% 0.1437% 0.0215%
0.1652%
0.0072%
0.0144% 0.0072% 0.1006% 0.0862% 0.0215% 0.4238% 0.1149% 0.0144% 0.1365% 0.0215% 0.0287% 0.0646% 0.0431% 0.0072% 0.0072% 0.0790% 0.0072% 0.0144% 0.0072% 0.0287%
13
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Richland Police Department Richmond County Solicitor Richmond County Board of Education Richmond County Marshal's Office Richmond County Correctional Institute Richmond County Sheriff Richmond Hill Police Department Rincon Police Department Ringgold Police Department Riverdale Police Department Rockdale County District Attorney's Office Rockdale County Sheriff Rockmart Police Department Rome Judicial Circuit Rome Police Department Rome Public Works Roosevelt Facility Police Rossville Police Department Roswell Police Department Royston Police Department Sandersville Police Department Sandy Springs Police Department Sardis Police Department Savannah Airport Commission Savannah Police Department Savannah State College Savannah Technical College Screven County Sheriff Screven Police Department Seminole County Sheriff Senoia Police Department Shiloh Police Department Sky Valley Police Department Smyrna Police Department Snellville Police Department Social Circle Police Department South Fulton Police Department South Georgia College Southern Crescent Techical Southern Judicial Circuit Southern Regional Tech Police Department Southwestern Judicial Circuit Spalding Correctional Institute Spalding County Sheriff Spalding County Parks & Recreation Sparta Police Department Springfield Police Department
Number of
Active Members
2 1 6 12 5 98 33 6 4 14 2 49 3 1 74 2 3 5 51 3 3 72 2 10 415 2 2 6 2 8 15 1 2 22 35 2 27 2 4 1 1 2 24 123 7 1 3
Allocation
Percentage
0.0144% 0.0072% 0.0431% 0.0862% 0.0359% 0.7039% 0.2370% 0.0431% 0.0287% 0.1006% 0.0144% 0.3520% 0.0215% 0.0072% 0.5315% 0.0144% 0.0215% 0.0359% 0.3663% 0.0215% 0.0215% 0.5172% 0.0144% 0.0718% 2.9809% 0.0144% 0.0144% 0.0431% 0.0144% 0.0575% 0.1077% 0.0072% 0.0144% 0.1580% 0.2514% 0.0144% 0.1939% 0.0144% 0.0287% 0.0072% 0.0072% 0.0144% 0.1724% 0.8835% 0.0503% 0.0072% 0.0215%
14
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
St. Marys Police Department Stapleton Police Department State Board of Pardons & Paroles State Board Of Workers Compensation Statesboro Police Department Statham Police Department Stephens County Sheriff Stewart County Sheriff Stone Mountain Park Stone Mountain Police Department Stone Mountain Judicial Circuit Summerville Police Department Sumter County Correctional Institute Sumter County Sheriff Suwanee Police Department Swainsboro Police Department Southwest Georgia Regional Airport Police Department Sylvania Police Department Sylvester Police Department Talbot County Sheriff Talbotton Police Department Taliaferro County Sheriff Tallapoosa Police Department Tallulah Falls Police Department Tattnall County Sheriff Taylor County School District Taylor County Sheriff Telfair County Sheriff Temple Police Department Tennille Police Department Terrell County Sheriff Thomas County Sheriff Thomaston Police Department Thomasville Police Department Thomson Police Department Thunderbolt Police Department Tift County Sheriff Tifton Judicial Circuit Tifton Police Department Toccoa Police Department Toombs County Sheriff Toomsboro Police Department Towns County Sheriff Trenton Police Department Treutlen County Sheriff Trion Police Department Troup County Sheriff
Number of
Active Members
3 2 3 1 41 3 6 1 3 6 1 4 3 11 33 5 1 3 3 3 1 9 4 1 13 1 6 3 1 1 1 17 5 55 3 7 8 4 38 13 8 1 3 3 2 1 25
Allocation
Percentage
0.0215% 0.0144% 0.0215% 0.0072% 0.2945% 0.0215% 0.0431% 0.0072% 0.0215% 0.0431% 0.0072% 0.0287% 0.0215% 0.0790% 0.2370% 0.0359% 0.0072% 0.0215% 0.0215% 0.0215% 0.0072% 0.0646% 0.0287% 0.0072% 0.0934% 0.0072% 0.0431% 0.0215% 0.0072% 0.0072% 0.0072% 0.1221% 0.0359% 0.3951% 0.0215% 0.0503% 0.0575% 0.0287% 0.2729% 0.0934% 0.0575% 0.0072% 0.0215% 0.0215% 0.0144% 0.0072% 0.1796%
15
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer
Tunnel Hill Police Department Turner County Sheriff Twiggs County Sheriff Tybee Island Police Department Tyrone Police Department Uga Police Department Union City Police Department Union County Schools Police Department Union County Sheriff University of North Georgia Gainesville University of North Georgia University of West Georgia Upson County Sheriff Valdosta Police Department Valdosta State University Varnell Police Department Vidalia Police Department Vienna Police Department Villa Rica Police Department Wadley Police Department Walker County Police Department Walker County Sheriff Walton County Juvenile Court Walton County Sheriff Ware County Police Department Ware County Schools Police Department Ware County Sheriff Warm Springs Police Department Warner Robins Police Department Warren County Sheriff Warwick Police Department Washington Co. Board of Education Washington County Sheriff Washington Police Department Waverly Hall Police Department Waycross Police Department Wayne County Sheriff Waynesboro Police Department Webster County Sheriff West Ga Technical College West Point Police Department Western Judicial Circuit Whigham Police Department White County Sheriff White Police Department Whitesburg Police Department Whitfield Co. D.A. Office
Number of
Active Members
4 5 32 20 5 27 8 4 59 7 9 13 21 45 7 1 10 1 11 1 1 18 2 139 1 5 10 1 62 1 2 1 7 2 3 18 29 17 2 3 2 2 2 55 2 2 1
Allocation
Percentage
0.0287% 0.0359% 0.2299% 0.1437% 0.0359% 0.1939% 0.0575% 0.0287% 0.4238% 0.0503% 0.0646% 0.0934% 0.1508% 0.3232% 0.0503% 0.0072% 0.0718% 0.0072% 0.0790% 0.0072% 0.0072% 0.1293% 0.0144% 0.9984% 0.0072% 0.0359% 0.0718% 0.0072% 0.4453% 0.0072% 0.0144% 0.0072% 0.0503% 0.0144% 0.0215% 0.1293% 0.2083% 0.1221% 0.0144% 0.0215% 0.0144% 0.0144% 0.0144% 0.3951% 0.0144% 0.0144% 0.0072%
16
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Employer and Nonemployer Allocations
For the year ended June 30, 2022
Employer Whitfield County Sheriff Whitworth Womens Facility Wilcox County Sheriff Wilkes County Sheriff Wilkinson County Sheriff Willacoochee Police Department Winder Police Department Woodbury Police Department Woodstock Police Department World Congress Center Worth County Sheriff Wrens Police Department Wrightsville Police Department Zebulon Police Department
Total
Number of Active Members
54 1 1 9 6 1 30 1 16 3 4 1 4 5
13,922
Allocation Percentage
0.3879% 0.0072% 0.0072% 0.0646% 0.0431% 0.0072% 0.2155% 0.0072% 0.1149% 0.0215% 0.0287% 0.0072% 0.0287% 0.0359%
100%
17
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Abraham Baldwin College Acworth Police Department Adairsville Police Department Adel Police Department Alamo Police Department Albany Police Department Albany State University Alcovy Judicial Circuit Alma Police Department Alpharetta Police Department Alto Police Department Americus Police Department Appalachian Judicial Circuit Appling Co. Sheriff's Office Arcade Police Department Athens Diversion Center Athens Technical College Athens-Clarke Co. Marshall Athens-Clarke County Police Department Atkinson County School Police Department Atkinson County Sheriff Atlanta Department of Corrections Atlanta Judicial Circuit Atlanta Metro College Atlanta Police Department Atlanta Public Schools Police Department Atlanta Technical College Atlantic Judicial Circuit Auburn Police Department Augusta Judicial Circuit Augusta Technical College Augusta University Augusta-Richmond County Police Department Austell Police Department Avondale Estates Police Department Bacon County Sheriff's Office Bainbridge Marshal's Office Bainbridge Police Department Baker County Sheriff's Office Baldwin County Sheriff's Office Baldwin Police Department Ball Ground Police Department Banks County Sheriff's Office Barnesville Police Department Barrow County Sheriff's Office Bartow County Sheriff's Office Bartow County School System Baxley Police Department Ben Hill County Sheriff's Office Berlin Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
$
43,860
365,504
146,202
73,101
14,620
277,783
14,620
29,240
58,481
789,490
29,240
131,581
43,860
146,202
29,240
14,620
29,240
14,620
1,520,498
14,620
14,620
43,860
14,620
43,860
8,465,078
394,744
14,620
29,240
43,860
43,860
29,240
58,481
58,481
116,961
219,302
58,481
29,240
116,961
14,620
307,023
116,961
29,240
365,504
73,101
453,225
1,535,118
58,481
29,240
102,341
29,240
$
3,898
32,482
12,993
6,496
1,299
24,686
1,299
2,599
5,197
70,162
2,599
11,694
3,898
12,993
2,599
1,299
2,599
1,299
135,126
1,299
1,299
3,898
1,299
3,898
752,289
35,081
1,299
2,599
3,898
3,898
2,599
5,197
5,197
10,394
19,489
5,197
2,599
10,394
1,299
27,285
10,394
2,599
32,482
6,496
40,278
136,425
5,197
2,599
9,095
2,599
18
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Berrien County Sheriff's Office Bibb County Board of Education Bibb County Probation Office Bibb County Sheriff's Office Blackshear Police Department Blairsville Police Department Blakely Police Department Bleckley County Sheriff Bloomingdale Police Department Blue Ridge Judicial Circuit Blue Ridge Police Department Board Of Regents Campus Police Department Bowdon Police Department Brantley County Sheriff's Office Braselton Police Department Bremen Police Department Brookhaven Police Dept Brooks County Sheriff's Office Brunswick Judicial Circuit Brunswick Police Department Bryan County Sheriff's Office Buford City Schools Bulloch Co Code Enforcement Bulloch County Board of Education Bulloch County Correctional Institute Bulloch County Probation Bulloch County Sheriff's Office Burke County Sheriff's Office Butler Police Department Butts County Sheriff Byron Police Department Cairo Police Department Calhoun Police Department Camden County Sheriff Camilla Police Department Candler County Sheriff Canon Police Department Canton Police Department Carroll County Correctional Institution Carroll County Sheriff Carrollton Police Department Cartersville Police Department Catoosa County Sheriff Cedartown Police Department Centerville Police Department Central Ga Tech College Chamblee Police Department Charlton County Sheriff Chatham County District Attorney Chatham County Marine Patrol
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
43,860 29,240 29,240 2,485,429 102,341 58,481 58,481 175,442 175,442 43,860 146,202 14,620 14,620 87,721 14,620 29,240 774,870 29,240 14,620 87,721 190,062 58,481 14,620 14,620 116,961 14,620 657,908 438,605 29,240 160,822 87,721 175,442 380,124 935,692 73,101 190,062 14,620 614,048 87,721 1,725,181 789,490 423,985 146,202 277,783 14,620 29,240 935,692 58,481 43,860 58,481
3,898 2,599 2,599 220,879 9,095 5,197 5,197 15,591 15,591 3,898 12,993 1,299 1,299 7,796 1,299 2,599 68,862 2,599 1,299 7,796 16,891 5,197 1,299 1,299 10,394 1,299 58,468 38,979 2,599 14,292 7,796 15,591 33,781 83,154 6,496 16,891 1,299 54,570 7,796 153,316 70,162 37,679 12,993 24,686 1,299 2,599 83,154 5,197 3,898 5,197
19
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Chatham County Board of Education Police Department Chatham County Police Chatham County Sheriff Chatsworth Police Department Chattahoochee County Sheriff Chattahoochee Hills Police Department Chattahoochee Jud. Circuit Chattahoochee Tech College Chattooga County Sheriff Chauncey Police Dept Cherokee County Board of Education Cherokee County Probation Service Cherokee County Sheriff's Office Cherokee County Solicitor's Office Cherokee County Marshal's Office Cherokee Judicial Circuit Chickamauga Police Department Clarke County Correctional Institute Clarke County Probation Services Clarke County Sheriff Clarkesville Police Department Clarkston Police Department Claxton Police Department Clay County Sheriff Clayton County Solicitor Gen. Clayton County Correctional Institute Clayton County Judicial Circuit Clayton County Police Dept Clayton County Sheriff Clayton County School Police Clayton Judicial Circuit Clayton Police Department Clayton State College Cleveland Police Department Coastal Georgia College Cobb County Board of Education Cobb County Park Police Cobb County Police Department Cobb County Sheriff Cobb Judicial Circuit Cochran Police Department Coffee County Sheriff Cohutta Police Department College Park Police Department Colquitt County Correctional Institution Colquitt County Sheriff Columbia County Board of Education Police Department Columbia County Sheriff Columbus Police Department Columbus State University
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
175,442 731,009 1,388,917 248,543
14,620 73,101 29,240 73,101 277,783 14,620 116,961 29,240 1,827,522 73,101 190,062 14,620 29,240 116,961 73,101 584,808 43,860 87,721 146,202 87,721 102,341 116,961 14,620 1,359,676 321,644 160,822 14,620 175,442 14,620 146,202 58,481 365,504 14,620 5,000,098 3,245,678 146,202 29,240 87,721 58,481 307,023 87,721 219,302 73,101 745,629 2,149,165 43,860
15,591 64,964 123,432 22,088
1,299 6,496 2,599 6,496 24,686 1,299 10,394 2,599 162,411 6,496 16,891 1,299 2,599 10,394 6,496 51,972 3,898 7,796 12,993 7,796 9,095 10,394 1,299 120,834 28,584 14,292 1,299 15,591 1,299 12,993 5,197 32,482 1,299 444,357 288,442 12,993 2,599 7,796 5,197 27,285 7,796 19,489 6,496 66,264 190,995 3,898
20
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Columbus Technical College Commerce Police Department Conasauga Judicial Circuit Conyers Police Department Cook County Sheriff Cordele Police Department Cornelia Police Department Covington Police Department Coweta County Correctional Institute Coweta County District Attorney Coweta County State Probation Coweta County Sheriff Coweta Judicial Circuit Crawford County Sheriff Crisp County Sheriff Cumming Police Department Cuthbert Police Department Dacula Marshal's Office Dade County Sheriff Dahlonega Marshal's Office Dahlonega Police Department Dallas Marshal's Office Dallas Police Department Dalton College Police Department Dalton Police Department Danielsville Police Department Darien Police Department Davisboro Police Department Dawson County Sheriff Decatur County Countyrrectional Institute Decatur County Sheriff Decatur Police Department Dekalb County Board of Education Dekalb County District Attorney Dekalb County Probation Department Dekalb CountyMarshals Office Dekalb County Police Department Dekalb County Sheriff Dekalb County Solicitor Demorest Police Department Department of Juvenile Justice Department of Natural Resources Department of Transportation Dillard Police Department Dodge County Sheriff Donalsonville Police Department Dooly County Sheriff Doraville Police Department Dougherty County Police Department Dougherty County Board of Education
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
14,620 131,581
14,620 292,403
14,620 58,481 146,202 497,086 760,250 29,240 43,860 1,681,320 14,620 29,240 672,529 263,163 29,240 29,240 131,581 14,620 14,620 14,620 146,202 58,481 1,198,855 29,240 29,240 14,620 394,744 29,240 409,365 350,884 307,023 248,543 146,202 58,481 3,962,066 614,048 102,341 73,101 365,504 2,675,491 380,124 14,620 102,341 43,860 263,163 233,923 43,860 14,620
1,299 11,694
1,299 25,986
1,299 5,197 12,993 44,176 67,563 2,599 3,898 149,418 1,299 2,599 59,767 23,387 2,599 2,599 11,694 1,299 1,299 1,299 12,993 5,197 106,542 2,599 2,599 1,299 35,081 2,599 36,380 31,183 27,285 22,088 12,993 5,197 352,108 54,570 9,095 6,496 32,482 237,770 33,781 1,299 9,095 3,898 23,387 20,789 3,898 1,299
21
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Dougherty County Sheriff Dougherty Judicial Circuit Douglas County Board of Education Douglas County District Attorney's Office Douglas County Sheriff Douglas Judicial Circuit Douglas Marshal's Office Douglas Police Department Douglasville Police Department Dublin Police Department Duluth Police Department Dunwoody Police Department Early County Dep Public Safety East Ellijay Police Department East Georgia College Police Department East Point Police Department Eastern Judicial Circuit Eastman Police Department Eatonton Police Department Echols County Sheriff Edison Police Department Effingham County Correctional Institute Effingham County Prison Effingham County Sheriff Elbert County Sheriff Elberton Police Department Ellaville Police Department Ellijay Police Department Emanuel County Sheriff Emerson Police Department Eton Police Department Euharlee Police Department Evans County Sheriff Fairburn Police Department Fairmount Police Department Fannin County Sheriff Fayette County Solicitor's Office Fayette County Marshal Fayette County Sheriff Fayetteville Police Department Fitzgerald Police Department Flowery Branch Police Dept Floyd County Public Works Floyd County Police Department Floyd County Prison Floyd County Sheriff Forest Park Police Department Forsyth County District Attny Forsyth County Sheriff Forsyth Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
526,326 58,481 58,481 14,620
1,418,157 14,620 14,620
190,062 701,769 146,202 321,644 526,326
43,860 116,961
43,860 511,706
29,240 73,101 29,240 29,240 43,860 14,620 14,620 350,884 102,341 146,202 73,101 131,581 87,721 116,961 43,860 160,822 102,341 307,023 87,721 219,302 14,620 43,860 950,312 614,048 131,581 175,442 73,101 731,009 570,186 774,870 219,302 87,721 3,084,856 58,481
46,774 5,197 5,197 1,299
126,031 1,299 1,299
16,891 62,366 12,993 28,584 46,774
3,898 10,394
3,898 45,475
2,599 6,496 2,599 2,599 3,898 1,299 1,299 31,183 9,095 12,993 6,496 11,694 7,796 10,394 3,898 14,292 9,095 27,285 7,796 19,489 1,299 3,898 84,454 54,570 11,694 15,591 6,496 64,964 50,672 68,862 19,489 7,796 274,150 5,197
22
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Fort Valley Police Department Fort Valley State Univers Franklin County Sheriff Franklin Police Department Franklin Springs Police Fort Oglethorpe Police Department Fulton County District Attorney Fulton County Board of Education Fulton County Marshal Office Fulton County Police Department Fulton County Sheriff Fulton County Solicitor Georgia Bureau of Investigation Georgia College & State University Georgia Department of Corrections Georgia Department of Community Supervision Georgia. Department of Driver Services Georgia DOT Investigations Office Georgia Drugs and Narcotics Georgia Emergency Managment Agency Georgia Insurance Fraud Investigation Unit Georgia Northwestern Tech College Georgia P.O.S.T. Police Force Georgia P.O.S.T. Council Police Georgia Pardons & Paroles Board Georgia Piedmont Tech College Georgia Public Safety Training Center Georgia Secretary Of State Georgia Southwestern State Univ Georgia Tech Police Department Georgia Agricultural Exposition Authority Georgia Attorney General Office Georgia Forestry Commission Gainesville Countyde Enforcement Gainesville Police Department Garden City Police Department Georgia Department of Revenue Georgia Gwinnett College Georgia Highlands College Georgia Medical Board Georgia Perimeter College Georgia Ports Authority Georgia Southern University Georgia State Fire Marshal Georgia State Patrol Georgia State University Georiga Regents University Gilmer County Sheriff Glascock County Sheriff Glennville Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
292,403 14,620
204,682 116,961
29,240 131,581 190,062 453,225 160,822 160,822 1,038,033
43,860 3,231,058
131,581 5,043,958 4,736,935
73,101 14,620 14,620 14,620 131,581 43,860 14,620 131,581 1,418,157 14,620 292,403 190,062 29,240 365,504 14,620 14,620 29,240 43,860 1,052,653 365,504 394,744 116,961 14,620 43,860 43,860 731,009 175,442 29,240 8,099,573 307,023 14,620 1,038,033 58,481 14,620
25,986 1,299
18,190 10,394
2,599 11,694 16,891 40,278 14,292 14,292 92,249
3,898 287,143
11,694 448,255 420,970
6,496 1,299 1,299 1,299 11,694 3,898 1,299 11,694 126,031 1,299 25,986 16,891 2,599 32,482 1,299 1,299 2,599 3,898 93,549 32,482 35,081 10,394 1,299 3,898 3,898 64,964 15,591 2,599 719,806 27,285 1,299 92,249 5,197 1,299
23
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Glynn County Board of Education Glynn County Police Department Glynn County Arson Unit Glynn County Sheriff Gordon County Sheriff Gordon Police Department Gordon State College Grady County Sheriff Grantville Police Department Gray Police Department Greene County Sheriff Greensboro Police Department Greenville Police Department Griffin Judicial Circuit Griffin Police Department Grovetown Police Department Guyton Police Department Gwinnett County Correct. Ins. Gwinnett County Police Department Gwinnett County Board of Education Gwinnett County District Attorney's Office Gwinnett County Sheriff Gwinnett County Solicitor Gwinnett Judicial Circuit Gwinnett Technical College Habersham County Sheriff Hahira Police Department Hall County Correctional Institute Hall County Enforcement Division Hall County District Attorney Hall County Marshal Hall County Probation Services Hall County Public Works Hall County Sheriff Hampton Police Department Hancock County Sheriff Hapeville Police Department Haralson County Sheriff Harlem Police Department Harris County Correctional Institute Harris County Sheriff Hart County Sheriff Hartwell Police Department Hazlehurst Police Department Heard County Sheriff Helen Police Department Helena Police Department Henry County District Attorney Henry County Police Department Henry County Sheriff
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
87,721 190,062
14,620 204,682 745,629
43,860 102,341
29,240 29,240 190,062 116,961 58,481 29,240 29,240 365,504 277,783 14,620 453,225 4,693,074 994,172 87,721 2,061,444 58,481 204,682 43,860 219,302 29,240 350,884 14,620 14,620 29,240 58,481 43,860 3,435,740 116,961 14,620 160,822 277,783 14,620 29,240 453,225 277,783 175,442 58,481 116,961 87,721 29,240 43,860 1,154,994 774,870
7,796 16,891
1,299 18,190 66,264
3,898 9,095 2,599 2,599 16,891 10,394 5,197 2,599 2,599 32,482 24,686 1,299 40,278 417,072 88,352 7,796 183,200 5,197 18,190 3,898 19,489 2,599 31,183 1,299 1,299 2,599 5,197 3,898 305,333 10,394 1,299 14,292 24,686 1,299 2,599 40,278 24,686 15,591 5,197 10,394 7,796 2,599 3,898 102,644 68,862
24
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Henry County Solicitor Hephzibah Police Department Hiawassee Police Department Hinesville Police Department Hiram Police Department Hoboken Police Department Hogansville Police Department Holly Springs Police Department Homerville Police Department Houston County Sheriff Irwin County Sheriff Jackson County Correctional Institute Jackson County Sheriff Jackson Police Department Jasper County Sheriff Jasper Police Department Jeff Davis County Sheriff Jefferson County Correctional Institute Jefferson County Sheriff Jefferson Police Department Jeffersonville Police Department Jenkins County Sheriff Jesup Police Department Johns Creek Police Department Johnson County Sheriff Jones County Sheriff Jonesboro Police Department Kennesaw Police Department Kennesaw State University Kingsland Police Department Kingston Police Department Lafayette Police Department Lagrange Police Department Lake City Police Department Lake Park Police Department Lakeland Police Department Lamar County Sheriff Lanier Tech College Police Department Lanier Technical College Laurens County Sheriff Lavonia Police Department Lawrenceville Police Department Lee County Marshals Office Lee County Sheriff Leesburg Police Department Lenox Police Department Leslie Police Department Liberty County Sheriff Lilburn Police Department Lincoln County Sheriff
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
29,240 29,240 43,860 423,985 29,240 14,620 58,481 277,783 14,620 1,739,801 43,860 190,062 511,706 219,302 467,845 190,062 102,341 29,240 102,341 87,721 14,620 14,620 409,365 497,086 29,240 570,186 73,101 570,186 409,365 102,341 14,620 190,062 1,125,754 233,923 14,620 14,620 160,822 14,620 43,860 1,111,134 219,302 643,288 14,620 233,923 190,062 58,481 14,620 467,845 204,682 73,101
2,599 2,599 3,898 37,679 2,599 1,299 5,197 24,686 1,299 154,615 3,898 16,891 45,475 19,489 41,577 16,891 9,095 2,599 9,095 7,796 1,299 1,299 36,380 44,176 2,599 50,672 6,496 50,672 36,380 9,095 1,299 16,891 100,045 20,789 1,299 1,299 14,292 1,299 3,898 98,746 19,489 57,169 1,299 20,789 16,891 5,197 1,299 41,577 18,190 6,496
25
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Lincolnton Police Department Lithonia Police Department Locust Grove Police Department Loganville Police Department Long County Sheriff Lookout Mountain Police Louisville Police Department Lovejoy Police Department Lowndes County Sheriff Ludowici Police Department Lumpkin County Sheriff Lyons Police Department Macon County Sheriff Macon Judicial Circuit Macon Police Department Madison County Sheriff Madison Police Department Manchester Police Department Marietta Police Department Marion County Sheriff Marta Police Department Maysville Police Department Mccaysville Police Department Mcdonough Police Department Mcduffie County Schools Police Department Mcduffie County Sheriff Mcintosh County Sheriff Mcintyre Police Department McRae-Helena Police Department Meriwether County Sheriff Metter Police Department Middle Georgia State University Milledgeville Police Department Millen Police Department Miller County Sheriff Milton Police Department Mitchell County Correctional Institute Mitchell County Sheriff Molena Police Department Monroe County Sheriff Monroe Police Department Montezuma Police Department Montgomery County Sheriff Morgan County Sheriff Morrow Police Department Moultrie Police Department Mount Airy Police Department Mount Vernon Police Department Mount Zion Police Department Mountain City Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
14,620 29,240 175,442 292,403 365,504 14,620 58,481 14,620 497,086 14,620 263,163 73,101 14,620 29,240 497,086 233,923 87,721 87,721 1,198,855 43,860 950,312 29,240 29,240 321,644 14,620 146,202 116,961 58,481 73,101 175,442 102,341 116,961 102,341 146,202 14,620 409,365 14,620 116,961 14,620 701,769 643,288 87,721 43,860 190,062 307,023 73,101 14,620 29,240 43,860 14,620
1,299 2,599 15,591 25,986 32,482 1,299 5,197 1,299 44,176 1,299 23,387 6,496 1,299 2,599 44,176 20,789 7,796 7,796 106,542 3,898 84,454 2,599 2,599 28,584 1,299 12,993 10,394 5,197 6,496 15,591 9,095 10,394 9,095 12,993 1,299 36,380 1,299 10,394 1,299 62,366 57,169 7,796 3,898 16,891 27,285 6,496 1,299 2,599 3,898 1,299
26
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Mountain Judicial Circuit Murray County Marshal Murray County Sheriff Muscogee County Correctional Institute Muscogee County Marshal's Office Muscogee County Sheriff Nahunta Police Department Nashville Marshal's Office Nashville Police Department Newnan Police Department Newton County Sheriff's Department Newton County District Attorney Nicholls Police Department Norcross Police Department North Georgia Technical College North Georgia College Northeastern Judicial Circuit Northern Judicial Circuit Oakwood Police Department Ocilla Police Department Oconee County Sheriff Oconee Judicial Circuit Ogeechee Judicial Circuit Ogeechee Tech College Police Department Oglethorpe County Sheriff Oglethorpe Police Department Oliver Police Department Omega Police Department Oxford Police Department Peace Officers' Annuity and Benefit Fund Palmetto Police Department Paulding County Marshal Paulding County Sheriff Paulding Judicial Circuit Peach County Sheriff Peachtree City Police Department Pelham Police Department Pembroke Police Department Pendergrass Police Department Perry Police Department Pickens County Sheriff's Office Pierce County Sheriff Pike County Sheriff's Office Pine Lake Police Dept Pine Mountain Police Department Plains Police Department Polk County Police Department Polk County Sheriff Polk School District Police Pooler Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
14,620 14,620 672,529 73,101 43,860 833,350 29,240 14,620 131,581 584,808 2,690,111 29,240 43,860 204,682 14,620 14,620 43,860 102,341 131,581 87,721 891,831 14,620 14,620 14,620 73,101 29,240 14,620 29,240 14,620 146,202 175,442 102,341 2,967,895 29,240 87,721 350,884 29,240 29,240 43,860 233,923 292,403 43,860 336,264 14,620 29,240 14,620 204,682 175,442 43,860 862,591
1,299 1,299 59,767 6,496 3,898 74,059 2,599 1,299 11,694 51,972 239,069 2,599 3,898 18,190 1,299 1,299 3,898 9,095 11,694 7,796 79,257 1,299
1,299 1,299 6,496 2,599 1,299 2,599 1299 12,993 15,591 9,095 263,755 2599 7796 31,183 2,599 2,599 3,898 20,789 25,986 3,898 29,884 1299 2599 1299 18,190 15,591 3,898 76658
27
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Port Wentworth Police Department Portal Police Department Powder Springs Police Department Prosecuting Attorney Council Pulaski County Sheriff Putnam County Sheriff Quitman County Sheriff Quitman Police Department Rabun County Marshal's Office Rabun County Sheriff Randolph County Sheriff Reidsville Police Department Remerton Police Department Reynolds Police Department Richland Police Department Richmond County Solicitor Richmond County Board of Education Richmond County Marshal's Office Richmond County Correctional Institute Richmond County Sheriff Richmond Hill Police Department Rincon Police Department Ringgold Police Department Riverdale Police Department Rockdale County District Attorney's Office Rockdale County Sheriff Rockmart Police Department Rome Judicial Circuit Rome Police Department Rome Public Works Roosevelt Facility Police Rossville Police Department Roswell Police Department Royston Police Department Sandersville Police Department Sandy Springs Police Department Sardis Police Department Savannah Airport Commission Savannah Police Department Savannah State College Savannah Technical College Screven County Sheriff Screven Police Department Seminole County Sheriff Senoia Police Department Shiloh Police Department Sky Valley Police Department Smyrna Police Department Snellville Police Department Social Circle Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
233,923 29,240
277,783 43,860 58,481
131,581 87,721 14,620 14,620
160,822 14,620 29,240 14,620 58,481 29,240 14,620 87,721
175,442 73,101
1,432,777 482,465 87,721 58,481 204,682 29,240 716,389 43,860 14,620
1,081,893 29,240 43,860 73,101
745,629 43,860 43,860
1,052,653 29,240
146,202 6,067,370
29,240 29,240 87,721 29,240 116,961 219,302 14,620 29,240 321,644 511,706 29,240
20,789 2,599 24,686 3,898 5,197 11,694 7,796 1,299 1299 14,292 1,299 2,599 1,299 5,197 2,599 1,299 7,796 15,591 6,496 127,330 42,876 7,796 5,197 18,190 2,599 63,665 3,898 1,299 96,147 2,599 3,898 6,496 66,264 3,898 3,898 93,549 2,599 12,993 539,205 2,599 2,599 7,796 2,599 10,394 19,489 1,299 2,599 28,584 45,475 2,599
28
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: South Fulton Police Department South Georgia College Southern Crescent Techical Southern Judicial Circuit Southern Regional Tech Police Department Southwestern Judicial Circuit Spalding Correctional Institute Spalding County Sheriff Spalding County Parks & Recreation Sparta Police Department Springfield Police Department St. Marys Police Department Stapleton Police Department State Board of Pardons & Paroles State Board Of Workers Compensation Statesboro Police Department Statham Police Department Stephens County Sheriff Stewart County Sheriff Stone Mountain Park Stone Mountain Police Department Stone Mountain Judicial Circuit Summerville Police Department Sumter County Correctional Institute Sumter County Sheriff Suwanee Police Department Swainsboro Police Department Southwest Georgia Regional Airport Police Department Sylvania Police Department Sylvester Police Department Talbot County Sheriff Talbotton Police Department Taliaferro County Sheriff Tallapoosa Police Department Tallulah Falls Police Department Tattnall County Sheriff Taylor County School District Taylor County Sheriff Telfair County Sheriff Temple Police Department Tennille Police Department Terrell County Sheriff Thomas County Sheriff Thomaston Police Department Thomasville Police Department Thomson Police Department Thunderbolt Police Department Tift County Sheriff Tifton Judicial Circuit Tifton Police Department
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
394,744 29,240 58,481 14,620 14,620 29,240
350,884 1,798,281
102,341 14,620 43,860 43,860 29,240 43,860 14,620
599,428 43,860 87,721 14,620 43,860 87,721 14,620 58,481 43,860
160,822 482,465
73,101 14,620 43,860 43,860 43,860 14,620 131,581 58,481 14,620 190,062 14,620 87,721 43,860 14,620 14,620 14,620 248,543 73,101 804,110 43,860 102,341 116,961 58,481 555,566
35,081 2,599 5,197 1,299 1,299 2,599
31,183 159,812
9,095 1,299 3,898 3,898 2,599 3,898 1,299 53,271 3,898 7,796 1,299 3,898 7,796 1,299 5,197 3,898 14,292 42,876 6,496 1,299 3,898 3,898 3,898 1,299 11,694 5,197 1,299 16,891 1,299 7,796 3,898 1,299 1,299 1,299 22,088 6,496 71,461 3,898 9,095 10,394 5,197 49,373
29
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Toccoa Police Department Toombs County Sheriff Toomsboro Police Department Towns County Sheriff Trenton Police Department Treutlen County Sheriff Trion Police Department Troup County Sheriff Tunnel Hill Police Department Turner County Sheriff Twiggs County Sheriff Tybee Island Police Department Tyrone Police Department Uga Police Department Union City Police Department Union County Schools Police Department Union County Sheriff University of North Georgia Gainesville University of North Georgia University Of West Georgia Upson County Sheriff Valdosta Police Department Valdosta State University Varnell Police Department Vidalia Police Department Vienna Police Department Villa Rica Police Department Wadley Police Department Walker County Police Department Walker County Sheriff Walton County Juvenile Court Walton County Sheriff Ware County Police Department Ware County Schools Police Department Ware County Sheriff Warm Springs Police Department Warner Robins Police Department Warren County Sheriff Warwick Police Department Washington Co. Board of Education Washington County Sheriff Washington Police Department Waverly Hall Police Department Waycross Police Department Wayne County Sheriff Waynesboro Police Department Webster County Sheriff West Ga Technical College West Point Police Department Western Judicial Circuit
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
190,062 116,961
14,620 43,860 43,860 29,240 14,620 365,504 58,481 73,101 467,845 292,403 73,101 394,744 116,961 58,481 862,591 102,341 131,581 190,062 307,023 657,908 102,341 14,620 146,202 14,620 160,822 14,620 14,620 263,163 29,240 2,032,204 14,620 73,101 146,202 14,620 906,451 14,620 29,240 14,620 102,341 29,240 43,860 263,163 423,985 248,543 29,240 43,860 29,240 29,240
16,891 10,394
1,299 3,898 3,898 2,599 1,299 32,482 5,197 6,496 41,577 25,986 6,496 35,081 10,394 5,197 76,658
9095 11,694 16,891 27,285 58,468 9,095 1,299 12993
1299 14,292 1,299 1,299 23,387 2,599 180,601 1,299 6,496 12,993 1,299 80,556 1,299 2,599 1,299 9,095 2,599 3,898 23,387 37,679 22,088 2,599 3,898 2,599 2,599
30
Employer
State of Georgia - Nonemployer Contributing Entity State's Proportionate Share Associated with: Whigham Police Department White County Sheriff White Police Department Whitesburg Police Department Whitfield Co. D.A. Office Whitfield County Sheriff Whitworth Womens Facility Wilcox County Sheriff Wilkes County Sheriff Wilkinson County Sheriff Willacoochee Police Department Winder Police Department Woodbury Police Department Woodstock Police Department World Congress Center Worth County Sheriff Wrens Police Department Wrightsville Police Department Zebulon Police Department
TOTAL STATE OF GEORGIA (Nonemployer Contributing Entity)
Each Employer of Plan Members - Employer Share
Total for All Entities
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Schedule of Pension Amounts by Employer and Nonemployer
Net Pension Liability
For the year ended June 30, 2022
Deferred Outflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Net Difference Between Projected and
Actual Investment Earnings on Pension
Plan Investments
Total Deferred Outflows of Resources
Deferred Inflows of Resources
Change in Assumptions
Difference Between Expected and Actual Experience
Total Deferred Inflows of Resources
Total Employer Pension Expense
29,240 804,110
29,240 29,240 14,620 789,490 14,620 14,620 131,581 87,721 14,620 438,605 14,620 233,923 43,860 58,481 14,620 58,481 73,101
$
203,541,945
0
$
203,541,945
1,217,095
0 1,217,095
8,952,635
0 8,952,635
79,496,898
89,666,628
0 79,496,898
0 89,666,628
3,632,863
0 3,632,863
7,612,412
0 7,612,412
11,245,275
0 11,245,275
2,599 71,461
2,599 2,599 1,299 70,162 1,299 1,299 11,694 7,796 1,299 38,979 1,299 20,789 3,898 5,197 1,299 5,197 6,496
18,088,682
0
18,088,682
31
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
June 30, 2022
Note 1: Plan Description The Peace Officers' Annuity and Benefit Fund of Georgia (Fund) was created in 1950 by the General Assembly of Georgia to provide retirement benefits to peace officers. The Fund administers a cost-sharing, multiple-employer defined benefit pension plan as defined in Governmental Accounting Standards Board (GASB) Statement No. 67, Financial Reporting for Pension Plans an amendment of GASB Statement No. 25.
Members of the Fund are employed by units of government throughout the state of Georgia. The employers of the Fund's members do not make contributions to the Fund. The State of Georgia provides nonemployer contributions to the Fund through the collection of court fines and forfeitures. These nonemployer contributions are recognized as revenue by the Fund when collected from the courts.
Note 2: Basis of Presentation The Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer (the schedules) are prepared on the accrual basis of accounting in accordance with U.S. generally accepted accounting principles.
Note 3: Components of Collective Net Pension Liability The components of the collective net pension liability (asset) of the participating employers and nonemployers at June 30, 2022 were as follows:
Total pension liability Plan fiduciary net position
Net pension asset
$ 1,056,622,136 853,080,191
$ 203,541,945
Plan fiduciary net position as a percentage of total pension liability
80.74%
32
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
June 30, 2022
Actuarial Assumptions The collective total pension liability was determined by an actuarial valuation as of June 30, 2021, with update procedures used to roll forward the total pension liability to June 30, 2022. The roll forward calculation adds the normal cost (also called service costs), subtracts the actual benefit payments and refunds for the plan year, and then applies the discount rate for the year. This actuarial valuation used the following actuarial assumptions, applied to all periods included in the measurement:
Inflation Salary increases Investment rate of return
2.25% N/A 6.50%, net of pension plan investment expense, including inflation
Mortality rates were based on the PUB-2010 Mortality Table with generational mortality projection using the MP-2021 mortality improvement scale.
The actuarial assumptions used in the June 30, 2021 valuation were based on the results of an experience study covering the period June 30, 2015 through June 30, 2020.
The long-term expected rate of return on pension plan investments was determined using a building block method in which best-estimate ranges of expected future real rates of return (expected nominal returns, net of pension plan investment expense, and the assumed rate of inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected geometric real rates of return by the target asset allocation percentage and then adding expected inflation. The long-term assumed investment rate of return of 6.50% was reviewed by the Fund's actuary for reasonableness and adopted by the Board.
33
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
June 30, 2022
The target asset allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table:
Asset Class Broad US Equity Developed ex-US Equity Core US Fixed Income Core Real Estate Private Equity
Total
Target Allocation 42.00 % 28.00 20.00 5.00 5.00
100.00 %
Long-term expected real rate of return*
5.33 % 5.15 1.18 4.57 6.65
*Rate shown are net of the 2.25% assumed rate of inflation
Discount Rate The discount rate used to measure the total pension liability was 6.50%. The projection of cash flows used to determine the discount rate assumes contributions will remain level. Based on those assumptions, the pension plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability.
Sensitivity of the Collective Net Pension Liability to Changes in the Discount Rate The following table presents the collective net pension liability of the Fund, calculated using the discount rate of 6.50%, as well as what the Fund's net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (5.50%) or 1-percentage-point higher (7.50%) than the current rate:
1% Decrease (5.50%)
Current discount rate (6.50%)
1% Increase (7.50%)
Collective net pension liability (asset) $ 331,836,664
203,541,945
96,662,967
34
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer June 30, 2022
Note 4: Special Funding Situation The State of Georgia, although not the employer of the Fund's members, makes contributions to the Fund through the collection of court fines and forfeitures as specified by O.C.G.A. 47-17-60. The State makes all these contributions on behalf of the employers. Therefore, these employers are considered to be in a special funding situation as defined by GASB Statement No. 68, Accounting and Financial Reporting for Pensions an amendment of GASB Statement No. 27. Since the employers of the Fund's members do not contribute directly to the Fund, there is no net pension liability to recognize for each employer. However, the notes to each employer's financial statements must disclose the portion of the nonemployer contributing entity's share of the collective net pension liability that is associated with that employer. In addition, each employer must recognize its portion of the collective pension expense of the State as well as recognize revenue contributions from the State in an equal amount.
Note 5: Allocation Methodology GASB Statement No. 68 requires participating employers and nonemployer contributing entities to recognize their proportionate share of collective net pension liability and pension expense. These schedules are prepared to provide employers and nonemployer contributing entities with their calculated proportionate share. As discussed in Note 4, the units of government throughout the state that are the employers of the Fund's members do not make contributions to the Fund. Therefore, the proportionate share allocation for each employer is 0%. The proportionate share attributable to the State of Georgia, as the nonemployer entity, is therefore 100%. The amounts attributable to the State of Georgia, as the nonemployer contributing entity, have been allocated to each employer based on the number of Fund members employed as of June 30, 2021.
35
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
June 30, 2022
Note 6: Collective Deferred Outflows of Resources and Deferred Inflows of Resources The following table presents a summary of changes in the collective deferred outflows of resources and deferred inflows of resources for the year ended June 30, 2022:
Deferred outflows of resources Change in assumptions Difference between expected
and actual experience Difference between projected and
actual investment earnings
Net difference beween projected and actual earnings (1)
Total deferred outflows of resources Deferred inflows of resources Change in assumptions
Difference between expected and actual experience
Total deferred inflows of resources
Year of deferral
2022
2020 2022
Amortization period 4.7 years
Beginning of year balance as previously
reported $
5.8 years 4.7 years
9,731,998
Current Year
Additions 1,546,039
Deductions 328,944
2,263,227
2,561,052 481,538
End of year balance 1,217,095
7,170,946 1,781,689
2018 2019 2020 2021 2022
5 years 5 years 5 years 5 years 5 years
$
(2,069,699) 160,956
16,294,956 (134,582,509)
(120,196,296)
(110,464,298)
211,862,497 211,862,497 215,671,763
(2,069,699) 80,478
5,431,652 (33,645,627) 42,372,499
80,478 10,863,304 (100,936,882) 169,489,998
12,169,303
79,496,898
15,540,837
89,666,628
2017 2020 2021
6.1 years $ 5.8 years
5 years
5,940,349 2,062,278 2,097,677
5,400,318 542,704 524,419
540,031 1,519,574 1,573,258
2017 2018 2019 2021
6.1 years 6 years
5.7 years 5 years
$
1,192,850 116,754
8,344,329 2,922,342
22,676,579
1,084,408 58,377
3,090,493 730,585
108,442 58,377 5,253,836 2,191,757
-
11,431,304
11,245,275
(1) In accordance with paragraph 71b of GASB Statement No. 68, collective deferred outflows of resources and deferred inflows of resources arising from differences between projected and actual pension plan investment earnings in different measurement periods have been aggregated and included as a net collective deferred outflows of resources related to pensions.
36
PEACE OFFICERS' ANNUITY AND BENEFIT FUND OF GEORGIA (A Component Unit of the State of Georgia)
Notes to Schedule of Employer and Nonemployer Allocations and Schedule of Pension Amounts by Employer and Nonemployer
June 30, 2022
Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows:
Year Ended June 30, 2022 2023 2024 2025
$ 12,015,485 13,569,007 9,897,022 42,939,839
Total
$ 78,421,353
Changes in Proportion The amounts shown in the two preceding tables do not include employer- or nonemployer-specific deferred outflows or resources and deferred inflows or resources related to changes in proportion. Based on the allocation methodology discussed in Note 5, there were no changes in proportion for the year ended June 30, 2022.
Note 7: Collective Pension Expense The components of collective pension expense for the year ended June 30, 2022, are shown in the following table:
Service cost Interest on the total pension liability and net cash flow Projected earnings on plan investments Current period effect of benefit changes Member contributions Administrative expenses Other changes in Fiduciary Net Position Recognition (amoritization of deferred inflows and outflows of resources)
Changes in assumptions Differences between expected and actual experience Differences between projected and actual investment earnings
$ 17,038,181 65,882,742 (65,835,404) (4,584,258) 1,762,148 (284,260)
(6,138,497) (1,921,273) 12,169,303
Collective pension expense
$ 18,088,682
37