Comprehensive Annual Financial Report for the Fiscal Year Ended ... 2005
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In our eReader you can find the full English version of the book. Read Comprehensive Annual Financial Report for the Fiscal Year Ended ... 2005 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Comprehensive Annual Financial Report for the Fiscal Year Ended ... 2005
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The retirement plans have no investments with a single issuer whose fair value equals 5% or more of the retirement plans net assets available for benefits.
E. Long-term Contracts for Contributions The Montana Legislature also provided a provision of the Employee Protection Act (EPA) (MCA 19-2-706, allowing state and university system employees, eligible for a service retirement, whose positions have been eliminated, to have their employer pay a portion of the total cost of purchasing up to thre...e years of "1 for 5" additional service. As of June 30, 2005, 323 employees have taken advantage of the provision.
The employer has up to ten years to complete payment for the service purchases and is charged 8% interest on the unpaid balance. Total retirement incentive contributions received, including interest, during fiscal year 2005 were $154,058. June 30, 2005, outstanding balances were $68,549.
F. Actuarial Data Actuarial valuations are normally performed every two years. An additional valuation was performed July 2005, to provide the Legislature with updated information on the funding issue.
What to read after Comprehensive Annual Financial Report for the Fiscal Year Ended ... 2005?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Dept. of Administration. Accounting Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The retirement plans have no investments with a single issuer whose fair value equals 5% or more of the retirement plans net assets available for benefits.
E. Long-term Contracts for Contributions The Montana Legislature also provided a provision of the Employee Protection Act (EPA) (MCA 19-2-706, allowing state and university system employees, eligible for a service retirement, whose positions have been eliminated, to have their employer pay a portion of the total cost of purchasing up to thre...e years of "1 for 5" additional service. As of June 30, 2005, 323 employees have taken advantage of the provision.
The employer has up to ten years to complete payment for the service purchases and is charged 8% interest on the unpaid balance. Total retirement incentive contributions received, including interest, during fiscal year 2005 were $154,058. June 30, 2005, outstanding balances were $68,549.
F. Actuarial Data Actuarial valuations are normally performed every two years. An additional valuation was performed July 2005, to provide the Legislature with updated information on the funding issue.
What to read after Comprehensive Annual Financial Report for the Fiscal Year Ended ... 2005?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Dept. of Administration. Accounting Division to read onlineMoreLess
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