The unfunded pension liability of Elk Rapids, MI was $773,815 in 2022.
Unfunded Pension Liability
Unfunded Pension Liability Per Capita
Pensions are the accounts used to pay for retirement benefits for former government employees.
Unfunded Pension Liability is the difference between the current assets plus projected investment returns minus the total of all projected employee payments.
Unfunded Pension Liability Per Capita is the unfunded pension liability per resident.
Above charts are based on data from the MICommunity Financial Dashboard | ODN Dataset | API -
Finance and Pensions Datasets Involving Elk Rapids, MI
- API
Financial Trends Monitoring System Data
data.kcmo.org | Last Updated 2023-12-28T20:15:45.000ZThis data is pulled from the annual Financial Trends Monitoring System (FTMS). The KCSTAT dashboards for Finance and Governance provide visualizations of this data, along with narrative to explain what these indicators mean. The FTMS report itself goes also provides a great deal of narrative, and can be viewed by visiting: https://kcstat.kcmo.org/Finance/2013-FTMS-7-29-14-Revised/n7p4-kkha