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CO RECREATION AND PARK DISTRICT <br />Required Supplementary Information <br />For the fiscal year ended June 30, 2020 <br />Schedule of Contributions, Retirement Enhancement Plan ® Last 10 years* <br />Contributions in Contributions <br />relation to the as a <br />Actuarially statutorily Contribution percentage of <br />Fiscal year determined required deficiency Covered covered <br />I 1 .1 '. 0 -*1- - -fl - -- /-------x -----11 .----II <br />June 30, 2019 $ $ (4,000,000) $ (4,000,000) $ 3,405,833 117.45% <br />June 30, 2020 3)6351097 0.00% <br />Notes to Schedule: <br />Valuation date <br />December 31, 2019 <br />Measurement date <br />June 30, 2019 <br />Actuarial cost method <br />Entry age cost <br />Assetvaluation method <br />Actuarial assumptions: <br />Discount rate <br />6.25% <br />Inflation <br />1.50% <br />Projected salary increase <br />3.25% <br />Investment rate of return (2) <br />3.87% <br />Mortality (2) Derived using CaIPERS'valuations <br />(1) Annual increases vary by category, entry age and duration of service. <br />(2) The mortality table used was developed based on CalPERS I valuations. Pre and post retirement used CalPERS <br />Mortality 2017 <br />*The District adopted the plan on June 13, 2018. Additional years will be presented as information <br />becomes available. <br />See notes to the required supplementary information. <br />75 <br />