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711 <br />A) Highlights <br />Summary of Key Valuation Results <br />I IM <br />11 - ff 0 <br />Funded Status for Valuation June 30: <br />Present Value of Future Benefits: <br />Active <br />Retiree <br />Total <br />Actuarial Accrued Liability <br />Active <br />Retiree <br />Total <br />Market Value of Assets <br />Funded Status <br />$3,866,078 $9,059,712 <br />11867,093 4,492, 544 <br />$57733,171 $13,552,256 <br />$217037654 $673437564 <br />1 RR7 n-wi 4 4.q9544 <br />$4570,747 $10,8361108 <br />41685,046 $0 <br />($114,299) $10,836,108 <br />Funded Status as a percentage of the AAL <br />103% <br />0% <br />Actuarially Determined Contribution for PY beginning July 1: <br />Actuarially Determined Contribution (Exhibit 4) <br />$135,011 <br />N/A <br />Estimated Trust Contribution <br />$135,011 <br />N/A <br />Estimated Pay -Go <br />116,410 <br />N/A <br />Active Implicit Subsidy <br />57,605 <br />N/A <br />Funding Policy Contribution <br />$135,011 <br />N/A <br />Demographic data as of June 30 (2): <br />Number of active members <br />92 <br />89 <br />Number of retired members and beneficiaries <br />37 <br />31 <br />Inactive Participants with deferred benefits <br />-0 <br />0 <br />Total Participants <br />129 <br />120 <br />Key assumptions as of June 30: <br />Discount rate <br />I <br />6.25% <br />3.58% <br />Initial Trend Rate <br />Pre -65 <br />6.90% <br />7.88% <br />Post -65 <br />4.60% <br />4.63% <br />Ultimate Rate <br />4.25% <br />4.25% <br />Year Ultimate Rate is Reached <br />2032 <br />N/A <br />CaIPERS Minimum <br />4.00% <br />4.00% <br />(1) Includes payments to trust and amounts paid directly by the plan sponsor <br />(2) Census data as of June 30, 2019 is used in the measurement of the TOL as of June 30, <br />2019. See Section /I/ <br />for additional <br />details on the demographic data. <br />Conejo Recreation and Park District OPER Plan <br />Actuarial Valuation as of June 30 2019 Page 1 <br />