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South Carolina Public Employee Benefit Authority South Carolina Retirement Systems GASB Statements No. 67 and 68 Accounting and Financial Reporting for Pensions as of June 30, 2017

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Page 1: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Teachers’ Retirement System of Oklahoma Accounting Disclosure Information as of June 30, 2013

South Carolina Public Employee Benefit Authority South Carolina Retirement Systems GASB Statements No. 67 and 68 Accounting and Financial Reporting for Pensions as of June 30, 2017

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December 29, 2017 South Carolina Public Employee Benefit Authority South Carolina Retirement Systems P.O. Box 11960 Columbia, SC 29211 Subject: GASB Reporting and Disclosure Information for Fiscal Year Ending June 30, 2017 Dear Members of the Board: This report contains information for each of the five retirement systems (i.e. South Carolina Retirement System, Police Officers Retirement System, Judges and Solicitors Retirement System, General Assembly Retirement System, and South Carolina National Guard Supplemental Retirement Plan) in connection with the Governmental Accounting Standards Board (GASB) Statement No. 67, “Financial Reporting for Pension Plans.” Additionally, this report provides employers participating in the South Carolina Retirement Systems with information that is required in connection with GASB Statement No. 68, “Accounting and Financial Reporting for Pensions.” This information can be used by participating employers in financial reporting for fiscal years ending between (and including) June 30, 2017 and June 30, 2018. The information provided herein was prepared for the purpose of assisting the South Carolina Public Employee Benefit Authority (PEBA) and participating employers in compliance with the financial reporting and disclosure requirements of GASB Statement Nos. 67 and 68. The liability calculations presented in this report were performed for the purpose of satisfying the requirements of GASB Statement Nos. 67 and 68 and are not applicable for other purposes, such as determining the plans’ funding requirements. The calculation of the plan’s liability for other purposes may produce significantly different results. This report may be provided to parties other than PEBA only in its entirety and only with the permission of PEBA. The total pension liability, net pension liability, and sensitivity information shown in this report are based on an actuarial valuation performed as of July 1, 2016. The total pension liability was rolled-forward from the valuation date to the plan’s fiscal year end, June 30, 2017, using generally accepted actuarial principles. There was legislation enacted during the 2017 legislative session that had a material change in benefit provisions for any of the systems. However, the Retirement System Funding and Administration Act of 2017 was signed into law April 25, 2017, and included a provision to reduce the assumed rate of return from 7.50% to 7.25% effective July 1, 2017. As a result of this legislation, we did made an adjustment to the calculation of the roll-forward Total Pension Liability for this assumption change as of the measurement date

of June 30, 2017. It is our opinion that this procedure is reasonable, appropriate, and complies with applicable requirements under GASB Statement No. 67.

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Members of the Board December 29, 2017 Page 2

This report provides the Collective Pension Amounts under GASB Statement No. 68 which will be allocated to employers participating in SCRS and PORS. The proportionate share of the Collective Pension Amounts for employers that participate in SCRS and PORS, the cost-sharing multiple employer systems maintained by PEBA, are provided in an appendix to this report. This report is based upon information furnished by PEBA, which includes benefit provisions, membership information, and financial data. We did not audit this data and information, but we did apply a number of tests and concluded that it was reasonable and consistent. GRS is not responsible for the accuracy or completeness of the information provided by PEBA. This report complements the actuarial valuation report as of July 1, 2016, provided for plan funding purposes, which was also provided to the Board and should be considered together as a complete report for the measurement period that ended June 30, 2017. Please see the actuarial valuation report as of July 1, 2016 for additional discussion of the actuarial valuation, including the nature of actuarial calculations and more information related to participant data, economic and demographic assumptions, and benefit provisions. To the best of our knowledge, this report is complete and accurate and is in accordance with generally recognized actuarial practices and methods. Mr. Newton and Mr. White are members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion herein. Both consultants are experienced in performing valuations for large public retirement systems. Respectfully submitted, Gabriel, Roeder, Smith & Company Joseph P. Newton, FSA, EA, MAAA Daniel J. White, FSA, EA, MAAA Senior Consultant Senior Consultant

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

I

Table of Contents

Page

Section 1 Discussion ...................................................................................................................... 2

Section 2 Accounting Exhibits ....................................................................................................... 5

Appendix A Collective Pension Amounts-SCRS

Appendix B Collective Pension Amounts-PORS

Appendix C Aggregate Collective Pension Amounts – SCRS & PORS

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SECTION 1

DISCUSSION

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

2

Discussion

Accounting Standards For pension plans that are administered through trusts or equivalent arrangements, Governmental Accounting Standards Board (GASB) Statement No. 67 establishes standards of financial reporting for separately issued financial reports and specifies the required approach for measuring the pension liability. Similarly, GASB Statement No. 68 establishes standards of financial reporting for employers whose employees participate in a pension plan. The following discussion provides a summary of the information that is required to be disclosed under GASB Statement Nos. 67 and 68. A number of the required disclosure items under this standard are provided in this report. However, certain information, such as notes regarding accounting policies and investments, are not included in this report. Participating employers will be responsible for preparing and disclosing that information to comply with these accounting standards. Much of this additional information can be readily obtained from PEBA’s 2017 Comprehensive Annual Financial Report.

Measurement of the Net Pension Liability The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In actuarial terms, this is analogous to the accrued liability as measured using the individual entry age normal actuarial cost method less the market value of assets (not the smoothed actuarial value of assets in the actuarial valuations based on the Board’s adopted assumptions and methods). The total pension liability, net pension liability, and sensitivity information shown in this report are based on an actuarial valuation performed as of July 1, 2016. The total pension liability was rolled-forward from the valuation date to the plan’s fiscal year end, June 30, 2017, using generally accepted actuarial principles. There was legislation enacted during the 2017 legislative session that had a material change in benefit provisions for any of the systems. However, the Retirement System Funding and Administration Act of 2017 was enacted before the June 30, 2017 measurement date and included a provision to reduce the assumed rate of return from 7.50% to 7.25% effective July 1, 2017. As a result of this legislation, we did made an adjustment to the calculation of the roll-forward Total Pension Liability for this assumption change as of the

measurement date of June 30, 2017. It is our opinion that this procedure is reasonable, appropriate, and complies with applicable requirements under GASB Statement Nos. 67 and 68. As discussed above, this single discount rate was based on an expected rate of return on pension plan investments of 7.25%. Based on the stated assumptions and the projection of cash flows, the pension plan’s fiduciary net position and future contributions were projected to be available to finance 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. The projection of cash flows used to determine the single discount rate for the SCRS and PORS assumed that the funding policy specified in the South Carolina State Code will remain unchanged in future years. Similarly, it is also assumed that the current funding policy for the JSRS, GARS, and SCNG will be maintained by PEBA in future years.

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

3

Methodology for Proportionate Shares The proportionate share of the Collective Pension Amounts for employers that participate in SCRS and PORS, the cost-sharing multiple employer plans maintained by PEBA, are provided in an appendix to this report. The allocation of the employers’ proportionate share of the Net Pension Liability and Pension Expense was determined using the employers’ actual contributions for FY 2017 (including contributions the employers made to the system on behalf of working retirees, members participating in TERI, and members in the State ORP). This method is expected to be reflective of the employers’ long-term contribution effort as well as be transparent to individual employers and their external auditors.

Summary of Population Statistics The total pension liability described in this report is based on the plan membership as of July 1, 2016:

Membership Status SCRS PORS JSRS GARS SCNG(1) (2) (3) (4) (5)

Inactive plan members currently

receiving benefits:1 137,855 17,288 210 358 4,709 Inactive plan members entitled to but not yet receiving benefits: 169,806 15,001 2 49 1,969 Active Plan Members: 190,923 26,651 157 102 12,253 Total Plan Members: 498,584 58,940 369 509 18,931

1 Includes retirees, beneficiaries, disabled members, and members in TERI.

Recognition of Deferred Outflows and Inflows of Resources According to paragraph 33 of GASB Statement No. 68, differences between expected and actual experience and changes in assumptions are recognized in pension expense using a systematic and rational method over a closed period equal to the average of the expected remaining service lives of all employees that are provided with pensions through the pension plan (active employees and inactive members) determined as of the beginning of the measurement period. At the beginning of the 2017 fiscal year, the expected remaining service lives of all employees was the following for each retirement system and the average of the expected remaining service lives for purposes of recognizing the applicable deferred outflows and inflows of resources established in the 2017 fiscal year.

Development of Average Expected Remaining Service Life SCRS PORS JSRS GARS SCNG

(1) (2) (3) (4) (5)Total expected remaining service lives of all employees (years): 2,030,591 268,344 1,676 790 206,116 Total plan members: 498,584 58,940 369 509 18,931 Average expected remaining service life (years): 4.073 4.553 4.542 1.552 10.888

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

4

Additionally, differences between projected and actual earnings on pension plan investments should be recognized in pension expense using a systematic and rational method over a closed five-year period. For this purpose, the deferred outflows and inflows of resources are recognized in the pension expense as a level dollar amount over the closed period identified above.

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SECTION 2

ACCOUNTING EXHIBITS

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

5

Exhibit 1

Schedule of the Employers’ Net Pension Liability as of June 30, 2017

System

Total

Pension

Liability

Plan

Fiduciary Net

Position

Employers'

Net Pension

Liability (Asset)

Plan Fiduciary

Net Position as a

Percentage of

the Total

Pension Liability

Covered

Payroll1

Net Pension

Liability as a

Percentage of

Covered Payroll(1) (2) (3) (4) (5) (6) (7)

South Carolina Retirement System (SCRS) 48,244,437,494$ 25,732,829,268$ 22,511,608,226$ 53.3% 8,213,041,976$ 274.1%

Police Officers Retirement System (PORS) 7,013,684,001 4,274,123,178 2,739,560,823 60.9% 1,187,195,086 230.8%

Retirement System for Judges and Solicitors (JSRS) 299,038,956 152,150,663 146,888,293 50.9% 21,958,224 668.9%

Retirement System for the General Assembly (GARS) 74,727,722 31,788,581 42,939,141 42.5% 2,316,400 1,853.7%

National Guard Supplemental Retirement Plan (SCNG) 67,221,514 26,035,884 41,185,630 38.7% Not Applicable2 Not Applicable2

Note:1 The projected payroll for fiscal year 2017 is based on the actuarial valuation as of July 1, 2016.2 The contributions and benefits associated with the SCNG are not determined as a function of payroll.

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

6

Exhibit 2

Schedule of Changes in the Employers’ Net Pension Liability for the Measurement Period Ending June 30, 2017

Change in the Net Pension Liability SCRS PORS JSRS GARS SCNG(1) (2) (3) (4) (5) (6)

Total pension liabilityService Cost 804,056,809$ 166,682,190$ 6,185,632$ 487,834$ 695,901$ Interest 3,318,051,295 473,058,823 20,403,622 5,293,297 4,588,515 Benefit Changes 0 0 0 0 0 Difference between actual and expected experience 54,584,031 5,043,820 (994,552) (348,473) (843,274) Assumption Changes 1,746,649,065 333,189,865 13,789,729 2,330,118 4,160,924 Benefit Payments (3,035,118,458) (376,801,155) (18,601,915) (6,736,856) (4,425,602) Net Change in Total Pension Liability 2,888,222,742 601,173,543 20,782,516 1,025,920 4,176,464 Total Pension Liability - Beginning 45,356,214,752 6,412,510,458 278,256,440 73,701,802 63,045,050 Total Pension Liability - Ending (a) 48,244,437,494$ 7,013,684,001$ 299,038,956$ 74,727,722$ 67,221,514$

Plan Fiduciary Net PositionContributions - Employer 1,168,847,156$ 192,005,864$ 10,533,374$ 4,539,003$ 4,590,799$ Contributions - Member 826,542,566 127,840,332 2,928,412 467,835 0 Refunds of contributions to members (105,169,370) (19,963,637) (628,824) 0 0 Retirement benefits (2,907,272,042) (352,985,922) (17,679,663) (6,677,413) (4,425,602) Death benefits (22,677,046) (3,851,596) (293,428) (59,443) 0 Net Investment Income 2,791,215,031 455,913,994 16,399,398 3,328,394 2,533,288 Administrative Expense (13,469,609) (2,149,090) (78,613) (17,326) (12,713) Net transfers to affiliated systems (1,549,772) 1,277,501 252,749 19,522 0 Other 0 0 0 0 0 Net Change in Plan Fiduciary Net Position 1,736,466,914 398,087,446 11,433,405 1,600,572 2,685,772 Plan Fiduciary Net Position - Beginning 23,996,362,354 3,876,035,732 140,717,258 30,188,009 23,350,112

Plan Fiduciary Net Position - Ending (b) 25,732,829,268$ 4,274,123,178$ 152,150,663$ 31,788,581$ 26,035,884$

Net Pension Liability - Ending (a) - (b) 22,511,608,226 2,739,560,823 146,888,293 42,939,141 41,185,630 Plan Fiduciary Net Position as a Percentage of

the Total Pension Liability 53.3% 60.9% 50.9% 42.5% 38.7%

Covered Payroll 8,213,041,976$ 1,187,195,086$ 21,958,224$ 2,316,400$ N/ANet Pension Liability as a Percentage of

Covered Payroll 274.1% 230.8% 668.9% 1,853.7% N/A

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Exhibit 3

Schedule of the Employers’ Contributions for the Measurement Period Ending June 30, 2017

Table 1. Schedule of Employer Contributions for SCRS, PORS, and JSRS

System

Actuarially Determined

Contribution

as a Percent of Covered

Payroll1

Actual Rate

Contributed by

Participating Employers

Contribution

Deficiency (Excess)

Total Employer

Contributions

for the 2017

Fiscal Year2

Covered

Payroll3

(1) (2) (3) (4) (5) (6)

South Carolina Retirement System (SCRS) 11.56% 11.56% -$ 1,168,847,156$ 8,213,041,976$

Police Officers Retirement System (PORS) 14.24% 14.24% - 192,005,864 1,187,195,086

Retirement System for Judges and Solicitors (JSRS) 47.97% 47.97% - 10,533,374 21,958,224

Table 2. Schedule of Employer Contributions for GARS and the SCNG

System

Actuarially Determined

Contribution4

Total Employer

Contributions

for the 2017

Fiscal Year

Contribution

Deficiency (Excess)

Covered

Payroll5

(1) (2) (3) (4) (5)

Retirement System for the General Assembly (GARS) 4,539,003$ 4,539,003$ -$ 2,316,400$

National Guard Supplemental Retirement Plan (SCNG) 4,508,584 4,590,799 (82,215) N/A

1 The actuarially determined contribution rate for SCRS and PORS is determined in accordance with South Carolina State Code. The contribution rate

for JSRS is based on the funding policy maintained by the South Carolina Public Employee Benefit Authority.2 Includes employer contributions on employee payroll the payroll of members in TERI as well as contributions remitted to SCRS on the payroll of

employees participating in the State ORP.3 Projected covered employee payroll is based on the actuarial valuation associated with the measurement date.4 The actuarially determined contributions are based on the funding policy maintained by the South Carolina Public Employee Benefit Authority.5 GARS was closed to new members beginning with the 2012 general election. Employer contributions to the SCNG are not a function of pay.

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Notes to Schedule of Employers’ Contributions

The actuarially determined contribution rates documented in the schedule on the previous page are calculated as of July 1, 2014 for JSRS and GARS, and July 1, 2015 for the SCRS, PORS, and SCNG. The actuarial methods and assumptions were used to determine the contribution rates reported in that schedule:

Item SCRS PORS JSRS GARS SCNG

(1) (2) (3) (4) (5) (6)

Actuarial Cost Method: Entry Age Normal Entry Age Normal Entry Age Normal Entry Age Normal Entry Age Normal

Asset Valuation Method: 20% difference recognition 20% difference recognition 20% difference recognition 20% difference recognition

20% difference recognition

Amortization Method: Level % of Pay Level % of Pay Level % of Pay Level Dollar Level Dollar

Amortization Period: 30 Years Variable, but not to exceed 30 years

27 Years Variable, but not to exceed 30 years

28 Years Variable, but not to exceed 30 years

13 Years, Closed 17 Years, Closed

Investment Return: 7.50% 7.50% 7.50% 7.50% 7.50%

Inflation: 2.75% 2.75% 2.75% 2.75% 2.75%

Salary Increases: 3.50% plus step-rate increases for members with less than 25 years of service.

4.00% plus step-rate increases for members with less than 12 years of service.

3.00% None. None.

Mortality:

RP-2000 Mortality Table (White Collar Adjustment for Educators), projected at Scale AA from Year 2000. Male rates multiplied by 100% for non-educators and 110% for educators. Female rates multiplied by 90% for non-educators and 95% for educators.

RP-2000 Mortality Table with Blue Collar Adjustment, projected at Scale AA from Year 2000. Male and female rates are multiplied by 115%.

RP-2000 Mortality Table with White Collar Adjustment, projected at Scale AA from Year 2000. Male rates are multiplied by 110%. Female rates are multiplied by 95%.

RP-2000 Mortality Table, projected at Scale AA from Year 2000. Male rates are multiplied by 100%. Female rates are multiplied by 90%.

RP-2000 Mortality Table with Blue Collar Adjustment, projected at Scale AA from Year 2000. Male and female rates are multiplied by 115%.

Other Comments: Member and employer contribution rates for SCRS and PORS are determined in accordance with Sections 9-1-1085 and 9-11-225 of the South Carolina Code, respectively. Contribution requirements for JSRS, GARS and the SCNG are determined in accordance with funding policies established and maintained by the PEBA Board.

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Exhibit 4 Sensitivity of the Net Pension Liability to Changes in the Discount Rate

System

1.00%

Decrease

(6.25%)

Current

Discount Rate

(7.25%)

1.00%

Increase

(8.25%)(1) (2) (3) (4)

South Carolina Retirement System (SCRS) 29,014,370,642$ 22,511,608,226$ 18,565,959,440$

Police Officers Retirement System (PORS) 3,698,928,254 2,739,560,823 1,983,879,869

Retirement System for Judges and Solicitors (JSRS) 180,690,483 146,888,293 120,044,774

Retirement System for the General Assembly (GARS) 49,589,058 42,939,141 37,535,119

National Guard Supplemental Retirement Plan (SCNG) 50,042,618 41,185,630 34,443,200

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

10

Exhibit 5

Components of Aggregate Pension Expense for the Fiscal Year Ending June 30, 2017

SCRS PORS JSRS GARS SCNG(1) (2) (3) (4) (5)

1. Total service cost: 804,056,809$ 166,682,190$ 6,185,632$ 487,834$ 695,901$

2. Interest on total pension liability: 3,318,051,295 473,058,823 20,403,622 5,293,297 4,588,515

3. Current-period benefit changes: - - - - -

4. Member contributions: (826,542,566) (127,840,332) (2,928,412) (467,835) -

5. Projected earnings on plan investments: (1,760,174,122) (288,534,184) (10,367,570) (2,199,307) (1,756,977)

6. Administrative expense: 13,469,609 2,149,090 78,613 17,326 12,713

7. Other: 1,549,772 (1,277,501) (252,749) (19,522) -

8. Recognition of deferred outflows/

(inflows) due to liabilities:1

593,763,852 91,431,460 1,199,391 1,591,303 245,238

9. Recognition of deferred outflows/

(inflows) due to assets:2

137,590,564 22,612,258 825,561 245,899 229,845

10. Total Aggregate Pension Expense: 2,281,765,213$ 338,281,804$ 15,144,088$ 4,948,995$ 4,015,235$

1 Liability experience and assumption changes.2 Difference between projected and actual investment experience.

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

11

Exhibit 6

Statement of Outflows and Inflows Arising from Current and Prior Reporting Periods For Fiscal Year Ending June 30, 2017 for SCRS

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 1,031,040,909$ 2,522,795,932$ 1,756,786,943$ 766,008,989$

2. Differences between expected and actual experience 54,584,031 0 276,003,989 23,196,871 252,807,118

3. Assumption Changes 1,746,649,065 0 1,746,649,065 0 1,746,649,065

4. Total 1,801,233,096$ 1,031,040,909$ 4,545,448,986$ 1,779,983,814$ 2,765,465,172$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 206,208,182$ 706,671,763$ 569,081,199$ 137,590,564$

2. Differences between expected and actual experience 13,401,432 0 175,647,285 10,719,442 164,927,843

3. Assumption Changes 428,836,009 0 428,836,009 0 428,836,009

4. Total 442,237,441$ 206,208,182$ 1,311,155,057$ 579,800,641$ 731,354,416$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 824,832,727$ 1,816,124,169$ 1,187,705,744$ 628,418,425$

2. Differences between expected and actual experience 41,182,599 0 100,356,704 12,477,429 87,879,275

3. Assumption Changes 1,317,813,056 0 1,317,813,056 0 1,317,813,056

4. Total 1,358,995,655$ 824,832,727$ 3,234,293,929$ 1,200,183,173$ 2,034,110,756$

A. Outstanding Balance of Deferred Outflows and Inflows of Resources by Source

B. Outflows and Inflows of Resources by Source to be Recognized in Current Year Pension Expense

C. Deferred Outflows and Deferred Inflows of Resources by Source to be Recognized in Future Pension Expenses

Fiscal Year in Current and Prior Fiscal Years

Fiscal Year in Current and Prior Fiscal Years

in Current and Prior Fiscal Years

Established in Current Total due to Sources Established

Established in Current Total due to Sources Established

Established in Current Total due to Sources Established

Fiscal Year

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

12

Exhibit 7

Statement of Outflows and Inflows Arising from Current and Prior Reporting Periods For Fiscal Year Ending June 30, 2017 for PORS

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 167,379,810$ 398,370,580$ 278,136,456$ 120,234,124$

2. Differences between expected and actual experience 5,043,820 0 42,680,254 0 42,680,254

3. Assumption Changes 333,189,865 0 333,189,865 0 333,189,865

4. Total 338,233,685$ 167,379,810$ 774,240,699$ 278,136,456$ 496,104,243$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 33,475,962$ 111,466,542$ 88,854,284$ 22,612,258$

2. Differences between expected and actual experience 1,107,801 0 18,251,169 0 18,251,169

3. Assumption Changes 73,180,291 0 73,180,291 0 73,180,291

4. Total 74,288,092$ 33,475,962$ 202,898,002$ 88,854,284$ 114,043,718$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 133,903,848$ 286,904,038$ 189,282,172$ 97,621,866$

2. Differences between expected and actual experience 3,936,019 0 24,429,085 0 24,429,085

3. Assumption Changes 260,009,574 0 260,009,574 0 260,009,574

4. Total 263,945,593$ 133,903,848$ 571,342,697$ 189,282,172$ 382,060,525$

B. Outflows and Inflows of Resources by Source to be Recognized in Current Year Pension Expense

A. Outstanding Balance of Deferred Outflows and Inflows of Resources by Source

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

Fiscal Year in Current and Prior Fiscal Years

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

C. Deferred Outflows and Deferred Inflows of Resources by Source to be Recognized in Future Pension Expenses

Established in Current Total due to Sources Established

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

13

Exhibit 8

Statement of Outflows and Inflows Arising from Current and Prior Reporting Periods For Fiscal Year Ending June 30, 2017 for JSRS

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 6,031,828$ 14,567,573$ 10,123,836$ 4,443,737$

2. Differences between expected and actual experience 0 994,552 0 5,159,330 (5,159,330)

3. Assumption Changes 13,789,729 0 13,789,729 0 13,789,729

4. Total 13,789,729$ 7,026,380$ 28,357,302$ 15,283,166$ 13,074,136$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 1,206,366$ 4,077,931$ 3,252,370$ 825,561$

2. Differences between expected and actual experience 0 219,016 0 1,837,325 (1,837,325)

3. Assumption Changes 3,036,716 0 3,036,716 0 3,036,716

4. Total 3,036,716$ 1,425,382$ 7,114,647$ 5,089,695$ 2,024,952$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 4,825,462$ 10,489,642$ 6,871,466$ 3,618,176$

2. Differences between expected and actual experience 0 775,536 0 3,322,005 (3,322,005)

3. Assumption Changes 10,753,013 0 10,753,013 0 10,753,013

4. Total 10,753,013$ 5,600,998$ 21,242,655$ 10,193,471$ 11,049,184$

B. Outflows and Inflows of Resources by Source to be Recognized in Current Year Pension Expense

A. Outstanding Balance of Deferred Outflows and Inflows of Resources by Source

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

Fiscal Year in Current and Prior Fiscal Years

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

C. Deferred Outflows and Deferred Inflows of Resources by Source to be Recognized in Future Pension Expenses

Established in Current Total due to Sources Established

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

14

Exhibit 9

Statement of Outflows and Inflows Arising from Current and Prior Reporting Periods For Fiscal Year Ending June 30, 2017 for GARS

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 1,129,087$ 3,286,007$ 2,026,209$ 1,259,798$

2. Differences between expected and actual experience 0 348,473 341,569 348,473 (6,904)

3. Assumption Changes 2,330,118 0 2,330,118 0 2,330,118

4. Total 2,330,118$ 1,477,560$ 5,957,694$ 2,374,682$ 3,583,012$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 225,817$ 920,278$ 674,379$ 245,899$

2. Differences between expected and actual experience 0 224,532 341,569 224,532 117,037

3. Assumption Changes 1,501,365 0 1,501,365 0 1,501,365

4. Total 1,501,365$ 450,349$ 2,763,212$ 898,911$ 1,864,301$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 903,270$ 2,365,729$ 1,351,830$ 1,013,899$

2. Differences between expected and actual experience 0 123,941 0 123,941 (123,941)

3. Assumption Changes 828,753 0 828,753 0 828,753

4. Total 828,753$ 1,027,211$ 3,194,482$ 1,475,771$ 1,718,711$

B. Outflows and Inflows of Resources by Source to be Recognized in Current Year Pension Expense

A. Outstanding Balance of Deferred Outflows and Inflows of Resources by Source

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

Fiscal Year in Current and Prior Fiscal Years

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

C. Deferred Outflows and Deferred Inflows of Resources by Source to be Recognized in Future Pension Expenses

Established in Current Total due to Sources Established

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

15

Exhibit 10

Statement of Outflows and Inflows Arising from Current and Prior Reporting Periods For Fiscal Year Ending June 30, 2017 for SCNG

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 776,311$ 2,331,601$ 1,310,969$ 1,020,632$

2. Differences between expected and actual experience 0 843,274 498,652 1,933,569 (1,434,917)

3. Assumption Changes 4,160,924 0 4,160,924 0 4,160,924

4. Total 4,160,924$ 1,619,585$ 6,991,177$ 3,244,538$ 3,746,639$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 155,262$ 652,435$ 422,590$ 229,845$

2. Differences between expected and actual experience 0 77,450 56,453 193,372 (136,919)

3. Assumption Changes 382,157 0 382,157 0 382,157

4. Total 382,157$ 232,712$ 1,091,045$ 615,962$ 475,083$

Outflows Inflows Outflows Inflows Outflows/(Inflows)

of Resources of Resources of Resources of Resources of Resources

1. Net Difference between projected and actual

earnings on pension plan investments 0$ 621,049$ 1,679,166$ 888,379$ 790,787$

2. Differences between expected and actual experience 0 765,824 442,199 1,740,197 (1,297,998)

3. Assumption Changes 3,778,767 0 3,778,767 0 3,778,767

4. Total 3,778,767$ 1,386,873$ 5,900,132$ 2,628,576$ 3,271,556$

B. Outflows and Inflows of Resources by Source to be Recognized in Current Year Pension Expense

A. Outstanding Balance of Deferred Outflows and Inflows of Resources by Source

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

Fiscal Year in Current and Prior Fiscal Years

Established in Current Total due to Sources Established

Fiscal Year in Current and Prior Fiscal Years

C. Deferred Outflows and Deferred Inflows of Resources by Source to be Recognized in Future Pension Expenses

Established in Current Total due to Sources Established

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South Carolina Public Employee Benefit Authority

Accounting Disclosure Information as of June 30, 2017

16

Exhibit 11

Statement of Deferred Outflows and Inflows of Resources by Year to be recognized in Future Pension Expense

Period SCRS PORS JSRS GARS SCNG(1) (2) (3) (4) (5)

Fiscal Year + 1 615,616,796$ 112,135,886$ 2,368,241$ 950,713$ 475,083$

Fiscal Year + 2 952,292,380 155,885,184 4,881,197 694,459 742,409

Fiscal Year + 3 640,126,427 106,434,098 3,481,733 299,356 464,272

Fiscal Year + 4 (173,924,847) 7,605,357 318,013 (225,817) 89,976

Fiscal Year + 5 0 0 0 0 245,237

Thereafter 0 0 0 0 1,254,579

Total 2,034,110,756$ 382,060,525$ 11,049,184$ 1,718,711$ 3,271,556$

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APPENDIX A

COLLECTIVE PENSION AMOUNTS - SCRS

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South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer10001 21,219 0.001819% 409,486 527,771 337,715 41,505 41,411 82,916 1,825 23,971 33,035 99,690 158,521 227 - 21,604 - 21,831 52,609 51,397 34,291 (1,606) - - 10002 97,452 0.008355% 1,880,845 2,424,151 1,551,186 190,641 160,168 350,809 8,385 110,103 151,737 297,681 567,906 1,042 - 99,233 - 100,275 211,603 166,446 100,894 (11,311) - - 10100 721,690 0.061875% 13,929,058 17,952,642 11,487,687 1,411,842 (37,101) 1,374,741 62,096 815,397 1,123,727 87,532 2,088,752 7,720 - 734,893 238,714 981,327 343,812 489,264 382,046 (107,698) - - 10200 684,151 0.058657% 13,204,634 17,018,959 10,890,235 1,338,415 350,548 1,688,963 58,866 772,990 1,065,284 848,603 2,745,743 7,319 - 696,673 - 703,992 711,650 869,690 550,855 (90,443) - - 10300 2,377,904 0.203873% 45,895,091 59,152,468 37,850,978 4,651,903 124,499 4,776,402 204,600 2,686,665 3,702,587 653,480 7,247,332 25,438 - 2,421,411 1,200,553 3,647,402 1,379,575 1,596,628 999,370 (375,642) - - 10600 296,250 0.025399% 5,717,723 7,369,360 4,715,568 579,546 (4,039) 575,507 25,490 334,711 461,277 70,603 892,081 3,169 - 301,665 96,839 401,673 152,322 212,600 168,819 (43,333) - - 10700 268,807 0.023047% 5,188,250 6,686,942 4,278,897 525,878 138,126 664,004 23,129 303,716 418,562 308,227 1,053,634 2,876 - 273,731 - 276,607 280,007 321,705 211,067 (35,751) - - 10900 114,535 0.009820% 2,210,640 2,849,211 1,823,177 224,069 (9,403) 214,666 9,855 129,409 178,343 96,738 414,345 1,225 - 116,633 53,679 171,537 51,051 122,665 84,717 (15,627) - - 12300 61,976 0.005314% 1,196,267 1,541,824 986,595 121,253 9,917 131,170 5,333 70,029 96,509 32,874 204,745 663 - 63,115 52,412 116,190 42,631 36,912 19,294 (10,282) - - 13300 288,829 0.024763% 5,574,550 7,184,829 4,597,489 565,034 200,025 765,059 24,851 326,330 449,727 488,554 1,289,462 3,090 - 294,112 - 297,202 352,470 404,690 270,482 (35,383) - - 13600 202,530 0.017364% 3,908,916 5,038,055 3,223,793 396,206 (171,073) 225,133 17,426 228,825 315,352 82,662 644,265 2,167 - 206,233 289,581 497,981 (64,177) 107,853 130,845 (28,237) - - 13700 55,138 0.004727% 1,064,124 1,371,509 877,613 107,859 6,348 114,207 4,744 62,293 85,848 32,316 185,201 590 - 56,143 53,893 110,626 35,448 28,154 19,849 (8,877) - - 20101 117,050 0.010035% 2,259,040 2,911,592 1,863,094 228,975 9,444 238,419 10,071 132,243 182,248 89,085 413,647 1,252 - 119,186 33,117 153,555 71,221 112,244 91,963 (15,337) - - 20102 982,790 0.084261% 18,968,506 24,447,799 15,643,863 1,922,638 667,471 2,590,109 84,562 1,110,402 1,530,284 1,139,760 3,865,008 10,514 - 1,000,773 - 1,011,287 1,186,196 1,168,352 640,327 (141,154) - - 20105 - 0.000000% - - - - (4,342,734) (4,342,734) - - - 343,973 343,973 - - - 9,814,523 9,814,523 (4,342,734) (4,589,780) (538,036) - - - 20108 19,127 0.001640% 369,190 475,836 304,482 37,421 (48,847) (11,426) 1,646 21,612 29,784 - 53,042 205 - 19,478 126,128 145,811 (38,751) (25,525) (23,234) (5,259) - - 20200 170,646 0.014631% 3,293,673 4,245,093 2,716,386 333,845 61,593 395,438 14,683 192,809 265,717 97,716 570,925 1,826 - 173,773 - 175,599 151,664 163,048 105,259 (24,646) - - 20300 206,643 0.017717% 3,988,382 5,140,476 3,289,331 404,260 (63,751) 340,509 17,780 233,477 321,763 - 573,020 2,211 - 210,426 120,904 333,541 45,318 128,893 97,094 (31,826) - - 20400 1,050,460 0.090063% 20,274,630 26,131,213 16,721,060 2,055,026 198,198 2,253,224 90,384 1,186,862 1,635,656 555,662 3,468,564 11,238 - 1,069,683 77,538 1,158,459 752,641 983,163 720,148 (145,847) - - 20500 497,131 0.042622% 9,594,898 12,366,505 7,913,183 972,534 260,194 1,232,728 42,774 561,678 774,068 721,107 2,099,627 5,318 - 506,224 - 511,542 522,582 636,296 487,743 (58,535) - - 20600 1,497,675 0.128405% 28,906,031 37,255,903 23,839,620 2,929,901 800,971 3,730,872 128,863 1,692,138 2,331,994 1,531,429 5,684,424 16,022 - 1,525,074 - 1,541,096 1,591,454 1,734,390 1,028,143 (210,659) - - 21100 144,210 0.012364% 2,783,335 3,587,337 2,295,495 282,117 183,078 465,195 12,408 162,934 224,546 490,793 890,681 1,543 - 146,848 - 148,391 259,193 282,285 212,818 (12,007) - - 21400 5,310,390 0.455294% 102,494,002 132,100,689 84,529,699 10,388,740 296,272 10,685,012 456,918 5,999,924 8,268,704 1,172,430 15,897,976 56,809 - 5,407,553 1,519,944 6,984,306 3,099,138 3,789,948 2,817,638 (793,054) - - 21900 31,697 0.002718% 611,866 788,611 504,623 62,018 (10,215) 51,803 2,728 35,818 49,362 3,744 91,652 339 - 32,282 14,048 46,669 6,517 24,577 18,527 (4,638) - - 22100 222,816 0.019103% 4,300,393 5,542,615 3,546,655 435,886 (51,346) 384,540 19,171 251,742 346,934 - 617,847 2,384 - 226,887 102,975 332,246 66,255 140,443 112,552 (33,649) - - 22200 9,487 0.000813% 183,019 235,887 150,941 18,551 (3,141) 15,410 816 10,714 14,765 7,848 34,143 101 - 9,656 7,575 17,332 1,864 10,042 6,264 (1,358) - - 30100 48,612,711 4.167883% 938,257,493 1,209,285,014 773,807,468 95,101,301 3,917,198 99,018,499 4,182,765 54,924,907 75,693,911 16,092,505 150,894,088 520,038 - 49,502,179 2,286,615 52,308,832 29,575,386 44,051,568 31,824,994 (6,866,693) - - 30200 4,303,521 0.368969% 83,060,856 107,054,033 68,502,635 8,419,006 216,257 8,635,263 370,285 4,862,322 6,700,935 661,468 12,595,010 46,038 - 4,382,266 242,845 4,671,149 2,487,692 3,574,122 2,493,216 (631,169) - - 30300 31,564,147 2.706197% 609,208,466 785,186,028 502,431,437 61,749,062 4,769,609 66,518,671 2,715,850 35,662,617 49,147,898 11,084,728 98,611,093 337,664 - 32,141,657 757,479 33,236,800 21,429,412 28,494,378 19,961,608 (4,511,105) - - 30400 4,875,327 0.417993% 94,096,947 121,278,038 77,604,411 9,537,619 (1,178,904) 8,358,715 419,484 5,508,366 7,591,272 2,743,275 16,262,397 52,155 - 4,964,527 4,067,486 9,084,168 1,394,331 3,079,137 3,366,589 (661,827) - - 30500 23,798,940 2.040436% 459,334,958 592,019,664 378,826,520 46,557,959 3,786,936 50,344,895 2,047,714 26,889,132 37,056,851 8,448,428 74,442,125 254,594 - 24,234,376 - 24,488,970 16,348,203 22,645,134 14,425,694 (3,465,876) - - 30600 2,655,251 0.227652% 51,248,126 66,051,795 42,265,778 5,194,484 (4,758,985) 435,499 228,464 3,000,028 4,134,443 - 7,362,935 28,405 - 2,703,836 9,773,665 12,505,906 (3,357,521) (1,607,754) 281,059 (458,754) - - 30700 234,941 0.020143% 4,534,513 5,844,365 3,739,741 459,616 (535,641) (76,025) 20,215 265,447 365,822 168,020 819,504 2,513 - 239,240 1,686,020 1,927,773 (411,637) (254,478) (370,024) (72,131) - - 30800 1,775,745 0.152246% 34,273,023 44,173,219 28,265,931 3,473,896 128,433 3,602,329 152,789 2,006,318 2,764,976 500,721 5,424,804 18,996 - 1,808,234 175,928 2,003,158 1,065,685 1,512,813 1,098,211 (255,063) - - 30900 430,576 0.036916% 8,310,385 10,710,945 6,853,810 842,336 109,540 951,876 37,048 486,484 670,440 204,961 1,398,933 4,606 - 438,453 - 443,059 336,801 409,072 271,734 (61,733) - - 31100 929,782 0.079716% 17,945,354 23,129,096 14,800,040 1,818,932 76,225 1,895,157 80,000 1,050,508 1,447,742 362,297 2,940,547 9,947 - 946,792 121,004 1,077,743 566,970 814,477 612,087 (130,730) - - 31102 889,963 0.076302% 17,176,807 22,138,545 14,166,198 1,741,032 (247,574) 1,493,458 76,574 1,005,518 1,385,739 345,128 2,812,959 9,521 - 906,243 520,104 1,435,868 222,154 691,038 588,408 (124,509) - - 31104 2,099,251 0.179982% 40,516,843 52,220,645 33,415,385 4,106,767 200,158 4,306,925 180,624 2,371,826 3,268,697 1,151,715 6,972,862 22,457 - 2,137,657 233,117 2,393,231 1,308,157 2,033,888 1,523,260 (285,674) - - 31105 516,333 0.044269% 9,965,664 12,844,372 8,218,965 1,010,115 (351,280) 658,835 44,427 583,383 803,980 146,140 1,577,930 5,524 - 525,785 1,203,605 1,734,914 (78,753) (34,670) 48,280 (91,841) - - 31107 988,646 0.084763% 19,081,514 24,593,451 15,737,064 1,934,093 (72,328) 1,861,765 85,065 1,117,018 1,539,401 56,449 2,797,933 10,576 - 1,006,735 280,590 1,297,901 449,487 694,322 505,548 (149,325) - - 31108 4,744,766 0.406799% 91,576,997 118,030,170 75,526,137 9,282,198 (2,685,649) 6,596,549 408,250 5,360,850 7,387,975 103,619 13,260,694 50,758 - 4,831,575 7,268,536 12,150,869 (181,326) 1,113,847 991,418 (814,114) - - 31113 461,772 0.039591% 8,912,571 11,487,079 7,350,449 903,374 (227,197) 676,177 39,732 521,735 719,022 7,208 1,287,697 4,940 - 470,225 599,825 1,074,990 16,532 144,648 128,470 (76,943) - - 31121 2,151,984 0.184503% 41,534,593 53,532,384 34,254,752 4,209,925 161,660 4,371,585 185,161 2,431,405 3,350,804 578,090 6,545,460 23,021 - 2,191,353 770,409 2,984,783 1,297,491 1,503,476 1,085,303 (325,593) - - 31123 4,647,389 0.398451% 89,697,728 115,608,050 73,976,251 9,091,716 (1,179,698) 7,912,018 399,872 5,250,839 7,236,365 - 12,887,076 49,716 - 4,732,425 2,910,650 7,692,791 1,273,233 2,761,120 1,897,264 (737,333) - - 31124 1,835,739 0.157390% 35,431,020 45,665,718 29,220,964 3,591,270 (1,042,990) 2,548,280 157,951 2,074,106 2,858,398 - 5,090,455 19,638 - 1,869,330 2,507,910 4,396,878 (74,071) 513,517 555,838 (301,708) - - 31126 2,243,139 0.192319% 43,294,100 55,800,147 35,705,868 4,388,268 5,174 4,393,442 193,005 2,534,405 3,492,752 265,253 6,485,415 23,996 - 2,284,184 280,626 2,588,806 1,189,122 1,767,337 1,270,630 (330,480) - - 31138 1,261,046 0.108118% 24,339,101 31,369,757 20,073,144 2,466,999 (210,357) 2,256,642 108,504 1,424,793 1,963,557 12,404 3,509,258 13,490 - 1,284,124 624,357 1,921,971 455,236 810,334 521,713 (199,997) - - 31140 5,136,400 0.440377% 99,135,945 127,772,615 81,760,215 10,048,369 403,616 10,451,985 441,948 5,803,346 7,997,793 1,267,871 15,510,958 54,948 - 5,230,383 257,134 5,542,465 3,114,651 4,445,828 3,148,831 (740,817) - - 31142 2,029,328 0.173987% 39,167,272 50,481,233 32,302,356 3,969,975 (480,125) 3,489,850 174,608 2,292,823 3,159,820 536,447 6,163,698 21,709 - 2,066,454 1,028,470 3,116,633 590,968 1,490,117 1,255,843 (289,864) - - 31143 1,464,832 0.125589% 28,272,104 36,438,858 23,316,803 2,865,646 (370,310) 2,495,336 126,037 1,655,028 2,280,852 322,583 4,384,500 15,670 - 1,491,628 847,280 2,354,578 402,837 964,780 873,072 (210,767) - - 31146 1,896,007 0.162557% 36,594,195 47,164,890 30,180,267 3,709,169 (162,857) 3,546,312 163,137 2,142,197 2,952,237 513,864 5,771,435 20,283 - 1,930,699 693,315 2,644,297 837,871 1,389,662 1,170,125 (270,520) - - 31200 347,840 0.029823% 6,713,637 8,652,956 5,536,926 680,491 (147,667) 532,824 29,929 393,011 541,623 - 964,563 3,721 - 354,209 290,321 648,251 35,928 191,334 144,008 (54,957) - - 31300 2,990,193 0.256369% 57,712,785 74,383,852 47,597,365 5,849,739 (492,667) 5,357,072 257,283 3,378,464 4,655,979 6,711 8,298,437 31,988 - 3,044,909 1,118,696 4,195,593 1,085,584 1,943,895 1,524,138 (450,773) - - 31400 8,615,804 0.738688% 166,290,549 214,325,674 137,144,514 16,855,126 (628,345) 16,226,781 741,323 9,734,527 13,415,491 810,905 24,702,246 92,169 - 8,773,440 3,715,944 12,581,553 3,919,142 5,823,723 3,732,176 (1,354,348) - - 31600 2,075,138 0.177915% 40,051,528 51,620,918 33,031,627 4,059,603 209,808 4,269,411 178,550 2,344,587 3,231,157 822,106 6,576,400 22,199 - 2,113,107 125,715 2,261,021 1,305,083 1,901,799 1,398,481 (289,985) - - 31700 8,054,020 0.690523% 155,447,832 200,350,903 128,202,220 15,756,114 4,432,771 20,188,885 692,986 9,099,802 12,540,755 9,529,094 31,862,637 86,160 - 8,201,381 - 8,287,541 8,683,747 9,939,443 6,048,637 (1,096,731) - - 40100 16,604,821 1.423638% 320,483,809 413,059,606 264,312,054 32,484,077 9,053,298 41,537,375 1,428,716 18,760,887 25,855,034 16,568,418 62,613,055 177,633 - 16,908,630 - 17,086,263 17,817,453 19,904,744 10,243,062 (2,438,467) - - 40200 19,354,580 1.659393% 373,556,051 481,462,435 308,082,231 37,863,452 1,660,899 39,524,351 1,665,312 21,867,698 30,136,637 3,225,841 56,895,488 207,050 - 19,708,706 2,836,527 22,752,283 11,876,401 15,494,541 9,725,743 (2,953,480) - - 40700 998,392 0.085599% 19,269,712 24,836,011 15,892,276 1,953,168 339,713 2,292,881 85,904 1,128,035 1,554,584 618,429 3,386,952 10,681 - 1,016,664 - 1,027,345 866,675 970,764 662,715 (140,546) - - 40900 294,307 0.025233% 5,680,354 7,321,196 4,684,749 575,758 378,429 954,187 25,323 332,524 458,263 735,720 1,551,830 3,148 - 299,694 - 302,842 533,768 437,078 311,210 (33,069) - - 41400 598,236 0.051291% 11,546,429 14,881,761 9,522,666 1,170,340 (1,163,823) 6,517 51,474 675,919 931,508 408,560 2,067,461 6,400 - 609,186 2,375,801 2,991,387 (848,067) (352,071) 355,714 (79,503) - - 41600 442,055 0.037900% 8,531,900 10,996,446 7,036,499 864,789 (82,972) 781,817 38,035 499,451 688,311 149,886 1,375,683 4,729 - 450,140 159,830 614,699 150,347 392,739 281,154 (63,255) - - 41700 7,085,366 0.607474% 136,752,167 176,254,758 112,783,376 13,861,130 (1,243,402) 12,617,728 609,641 8,005,372 11,032,482 1,519,921 21,167,416 75,797 - 7,215,004 3,299,745 10,590,546 2,496,310 4,873,361 4,227,642 (1,020,443) - - 41800 212,999 0.018262% 4,111,070 5,298,604 3,390,516 416,696 231,876 648,572 18,327 240,659 331,661 525,310 1,115,957 2,279 - 216,899 - 219,178 344,300 351,011 225,830 (24,361) - - 42000 149,339 0.012804% 2,882,386 3,715,000 2,377,185 292,157 (287,666) 4,491 12,850 168,733 232,537 2,972 417,092 1,598 - 152,074 824,159 977,831 (208,842) (167,869) (145,735) (38,293) - - 42200 40,417,627 3.465263% 780,086,431 1,005,424,251 643,359,323 79,069,166 7,759,552 86,828,718 3,477,624 45,665,688 62,933,479 13,377,284 125,454,075 432,376 - 41,157,128 905,119 42,494,623 29,092,293 37,540,411 22,375,203 (6,048,454) - - 50100 15,905,305 1.363664% 306,982,697 395,658,527 253,177,305 31,115,611 (4,174,608) 26,941,003 1,368,528 17,970,542 24,765,831 - 44,104,901 170,150 - 16,196,316 8,683,567 25,050,033 4,220,337 9,737,880 7,537,441 (2,440,790) - - 50200 3,142,800 0.269452% 60,657,979 78,179,802 50,026,349 6,148,262 329,006 6,477,268 270,413 3,550,874 4,893,583 795,482 9,510,352 33,621 - 3,200,297 330,909 3,564,827 1,987,798 2,590,127 1,827,429 (459,830) - - 50400 579,355 0.049672% 11,181,966 14,412,018 9,222,083 1,133,398 (98,949) 1,034,449 49,849 654,584 902,105 28,696 1,635,234 6,198 - 589,957 278,576 874,731 206,840 353,464 287,891 (87,692) - - 50501 304,905 0.026141% 5,884,760 7,584,647 4,853,327 596,476 150,137 746,613 26,234 344,490 474,753 645,257 1,490,734 3,262 - 310,478 184,665 498,405 311,065 362,160 350,462 (31,358) - - 50515 - 0.000000% - - - - (17,702,402) (17,702,402) - - - - - - - - 35,720,319 35,720,319 (17,702,402) (16,176,207) (1,841,710) - - - 51200 579,941 0.049722% 11,193,222 14,426,525 9,231,366 1,134,539 (49,578) 1,084,961 49,899 655,243 903,013 109,907 1,718,062 6,204 - 590,551 311,136 907,891 256,519 344,984 295,638 (86,971) - - 51300 688,824 0.059057% 13,294,680 17,135,017 10,964,499 1,347,542 (88,746) 1,258,796 59,268 778,261 1,072,548 63,230 1,973,307 7,369 - 701,423 341,075 1,049,867 274,819 483,927 275,171 (110,476) - - 51400 1,885,398 0.161647% 36,389,339 46,900,860 30,011,316 3,688,405 310,530 3,998,935 162,224 2,130,205 2,935,710 1,006,870 6,235,009 20,169 - 1,919,891 45,739 1,985,799 1,305,656 1,882,733 1,321,626 (260,805) - - 51500 3,307,998 0.283616% 63,846,523 82,289,397 52,656,032 6,471,451 (2,002,802) 4,468,649 284,628 3,737,529 5,150,819 - 9,172,976 35,388 - 3,368,524 4,154,493 7,558,405 (256,814) 1,092,337 1,300,212 (521,164) - - 51600 331,765 0.028444% 6,403,202 8,252,848 5,280,902 649,025 (74,070) 574,955 28,545 374,839 516,578 - 919,962 3,549 - 337,831 190,888 532,268 101,036 198,435 140,442 (52,219) - - 51700 23,236,137 1.992184% 448,472,657 578,019,650 369,868,073 45,456,961 3,786,625 49,243,586 1,999,290 26,253,261 36,180,535 10,707,197 75,140,283 248,573 - 23,661,284 642,951 24,552,808 16,050,844 23,219,817 14,665,320 (3,348,507) - - 51800 2,725,671 0.233689% 52,607,152 67,803,393 43,386,605 5,332,234 362,021 5,694,255 234,523 3,079,584 4,244,082 797,776 8,355,965 29,158 - 2,775,538 - 2,804,696 1,800,650 2,520,479 1,628,347 (398,208) - - 51902 262,181 0.022478% 5,060,159 6,521,850 4,173,256 512,895 279 513,174 22,558 296,218 408,228 124,219 851,223 2,805 - 266,972 157,221 426,998 138,657 168,367 154,864 (37,665) - - 52000 327,024 0.028038% 6,311,805 8,135,049 5,205,524 639,761 (94,194) 545,567 28,138 369,488 509,205 18,611 925,442 3,498 - 333,009 262,156 598,663 78,413 159,444 139,900 (50,979) - - 52200 1,621,596 0.139030% 31,297,889 40,338,680 25,812,253 3,172,338 (166,628) 3,005,710 139,526 1,832,155 2,524,957 401,795 4,898,433 17,347 - 1,651,267 658,938 2,327,552 689,264 1,138,464 976,040 (232,888) - - 52600 323,439 0.027730% 6,242,469 8,045,685 5,148,341 632,733 (106,885) 525,848 27,829 365,430 503,611 21,692 918,562 3,460 - 329,351 233,011 565,822 63,826 164,294 172,335 (47,715) - - 53000 448,780 0.038477% 8,661,791 11,163,859 7,143,624 877,955 235,987 1,113,942 38,614 507,055 698,790 456,320 1,700,779 4,801 - 456,994 - 461,795 472,858 528,813 301,125 (63,812) - - 53300 24,970 0.002141% 481,974 621,198 397,497 48,853 17,164 66,017 2,149 28,214 38,883 52,928 122,174 267 - 25,429 458 26,154 30,344 37,882 30,314 (2,521) - - 53900 120,228 0.010308% 2,320,497 2,990,801 1,913,779 235,204 (24,539) 210,665 10,345 135,840 187,206 9,590 342,981 1,286 - 122,429 80,475 204,190 38,919 66,735 51,913 (18,776) - - 54100 302,036 0.025895% 5,829,381 7,513,271 4,807,655 590,863 150,128 740,991 25,987 341,248 470,285 325,732 1,163,252 3,231 - 307,556 - 310,787 309,542 364,698 219,866 (41,641) - - 54200 1,451,510 0.124447% 28,015,021 36,107,514 23,104,780 2,839,588 (716,598) 2,122,990 124,891 1,639,979 2,260,112 - 4,024,982 15,528 - 1,478,064 1,458,608 2,952,200 49,519 651,752 599,471 (227,960) - - 54300 4,340,072 0.372102% 83,766,144 107,963,053 69,084,306 8,490,494 (458,473) 8,032,021 373,429 4,903,609 6,757,834 63,376 12,098,248 46,429 - 4,419,477 1,113,987 5,579,893 1,832,249 3,039,509 2,295,960 (649,363) - - 54400 4,624 0.000396% 89,146 114,897 73,521 9,036 (2,054) 6,982 397 5,219 7,192 - 12,808 49 - 4,703 4,538 9,290 384 2,229 1,652 (747) - - 60100 865,425 0.074198% 16,703,163 21,528,083 13,775,571 1,693,024 1,315,977 3,009,001 74,463 977,791 1,347,528 2,845,013 5,244,795 9,258 - 881,254 - 890,512 1,772,752 1,617,495 1,053,290 (89,255) - - 60400 6,796,497 0.582707% 131,176,717 169,068,769 108,185,145 13,296,006 1,139,943 14,435,949 584,786 7,678,989 10,582,683 2,854,950 21,701,408 72,707 - 6,920,845 1,138,886 8,132,438 4,727,185 5,680,884 4,139,895 (978,995) - - 60500 285,382 0.024468% 5,508,140 7,099,236 4,542,719 558,302 58,490 616,792 24,555 322,442 444,369 97,509 888,875 3,053 - 290,608 26,791 320,452 209,119 238,448 162,852 (41,995) - - 60601 5,102,182 0.437443% 98,475,454 126,921,333 81,215,490 9,981,422 2,834,591 12,816,013 439,003 5,764,681 7,944,508 6,729,254 20,877,446 54,582 - 5,195,536 - 5,250,118 5,527,564 6,413,260 4,340,551 (654,047) - - 60700 16,655,809 1.428010% 321,468,017 414,328,114 265,123,757 32,583,835 (784,797) 31,799,038 1,433,104 18,818,502 25,934,435 655,393 46,841,434 178,179 - 16,960,557 2,638,084 19,776,820 8,006,272 13,131,706 8,462,461 (2,535,824) - - 60800 743,792 0.063770% 14,355,653 18,502,464 11,839,512 1,455,082 (20,229) 1,434,853 63,997 840,369 1,158,142 331,627 2,394,135 7,957 - 757,400 243,197 1,008,554 372,350 611,600 504,667 (103,036) - - 60900 228,496 0.019590% 4,410,024 5,683,915 3,637,071 446,998 128,946 575,944 19,660 258,160 355,779 253,046 886,645 2,444 - 232,672 - 235,116 249,545 261,569 171,311 (30,897) - - 61000 7,056,247 0.604977% 136,190,052 175,530,269 112,319,784 13,804,155 3,369,362 17,173,517 607,135 7,972,466 10,987,134 8,349,760 27,916,495 75,486 - 7,185,347 - 7,260,833 7,093,702 8,603,270 5,872,021 (913,331) - - 61200 181,705 0.015579% 3,507,083 4,520,149 2,892,391 355,476 60,652 416,128 15,635 205,302 282,934 88,036 591,907 1,944 - 185,033 - 186,977 156,559 173,219 102,214 (27,061) - - 62500 93,150 0.007986% 1,797,777 2,317,088 1,482,678 182,222 (17,800) 164,422 8,014 105,241 145,036 1,341 259,632 996 - 94,850 57,418 153,264 31,363 57,784 32,473 (15,252) - - 62700 299,262 0.025658% 5,776,028 7,444,507 4,763,654 585,455 29,795 615,250 25,750 338,124 465,981 390,200 1,220,055 3,201 - 304,742 246,231 554,174 187,750 248,316 266,025 (36,211) - - 63000 826,928 0.070898% 15,960,280 20,570,608 13,162,894 1,617,726 (43,393) 1,574,333 71,151 934,303 1,287,596 486,068 2,779,118 8,846 - 842,060 365,423 1,216,329 393,067 685,411 596,073 (111,762) - - 63500 544,470 0.046681% 10,508,644 13,544,198 8,666,776 1,065,151 685,849 1,751,000 46,848 615,168 847,785 1,349,660 2,859,461 5,825 - 554,433 - 560,258 973,225 974,566 426,816 (75,404) - - 63700 175,284 0.015028% 3,383,044 4,360,280 2,790,092 342,904 23,308 366,212 15,082 198,041 272,927 112,437 598,487 1,875 - 178,488 99,130 279,493 115,823 121,245 106,885 (24,959) - - 63800 23,606 0.002024% 455,635 587,251 375,775 46,183 (3,259) 42,924 2,031 26,673 36,758 1,877 67,339 253 - 24,039 11,732 36,024 9,201 14,666 11,077 (3,629) - - 64100 42,885 0.003677% 827,752 1,066,858 682,670 83,901 16,785 100,686 3,690 48,456 66,779 73,080 192,005 459 - 43,672 13,167 57,298 39,421 61,257 39,385 (5,355) - - 66600 81,760 0.007010% 1,578,064 2,033,907 1,301,474 159,952 4,694 164,646 7,035 92,379 127,310 37,507 264,231 875 - 83,258 18,636 102,769 47,849 69,706 55,266 (11,360) - - 67000 21,516 0.001845% 415,339 535,315 342,542 42,099 (10,063) 32,036 1,852 24,314 33,507 10,619 70,292 230 - 21,913 41,109 63,252 1,295 (120) 9,112 (3,247) - - 67100 799,207 0.068521% 15,425,179 19,880,937 12,721,581 1,563,488 (254,494) 1,308,994 68,765 902,979 1,244,426 - 2,216,170 8,550 - 813,828 483,258 1,305,636 167,333 501,754 365,418 (123,972) - - 67200 26,419 0.002265% 509,888 657,175 420,519 51,682 28,930 80,612 2,273 29,848 41,135 69,879 143,135 283 - 26,902 1,018 28,203 42,874 51,230 24,249 (3,421) - - 67300 533,956 0.045780% 10,305,814 13,282,779 8,499,496 1,044,592 45,218 1,089,810 45,943 603,295 831,422 439,176 1,919,836 5,712 - 543,732 281,884 831,328 327,047 576,191 268,446 (83,176) - -

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

App I - 1

Page 24: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

67400 403,671 0.034609% 7,791,042 10,041,584 6,425,493 789,696 (84,184) 705,512 34,732 456,082 628,542 80,602 1,199,958 4,318 - 411,053 440,019 855,390 128,875 187,505 97,183 (68,994) - - 67500 246,763 0.021157% 4,762,781 6,138,570 3,928,000 482,753 (334,821) 147,932 21,232 278,810 384,237 - 684,279 2,640 - 251,283 961,514 1,215,437 (204,575) (118,902) (150,328) (57,354) - - 67600 88,454 0.007584% 1,707,280 2,200,450 1,408,042 173,049 56,561 229,610 7,611 99,943 137,735 129,917 375,206 946 - 90,076 23,598 114,620 103,249 94,553 74,021 (11,236) - - 67800 1,670,846 0.143252% 32,248,329 41,563,666 26,596,108 3,268,674 436,899 3,705,573 143,763 1,887,794 2,601,634 795,778 5,428,969 17,874 - 1,701,412 - 1,719,286 1,318,782 1,569,324 1,060,412 (238,836) - - 67900 40,562 0.003478% 782,954 1,009,120 645,724 79,360 23,148 102,508 3,490 45,834 63,165 56,731 169,220 434 - 41,308 27,974 69,716 44,559 46,160 15,499 (6,714) - - 68000 66,599 0.005710% 1,285,413 1,656,721 1,060,116 130,289 129,574 259,863 5,730 75,247 103,701 284,219 468,897 712 - 67,818 - 68,530 164,726 181,689 62,921 (8,969) - - 68100 500,047 0.042872% 9,651,177 12,439,041 7,959,598 978,238 1,871,975 2,850,213 43,025 564,973 778,609 2,363,573 3,750,180 5,349 - 509,193 192,270 706,812 2,135,902 673,828 305,187 (71,550) - - 68200 4,308,054 0.369357% 83,148,201 107,166,609 68,574,671 8,427,860 16,637,409 25,065,269 370,675 4,867,435 6,707,982 35,246,049 47,192,141 46,086 - 4,386,874 - 4,432,960 18,911,233 19,935,407 4,532,740 (620,199) - - 68300 877,073 0.075197% 16,928,054 21,817,936 13,961,045 1,715,819 3,395,172 5,110,991 75,465 990,956 1,365,671 7,357,417 9,789,509 9,383 - 893,119 - 902,502 3,858,097 4,111,267 1,035,215 (117,572) - - 68400 29,298 0.002512% 565,492 728,841 466,377 57,318 113,409 170,727 2,521 33,103 45,621 245,601 326,846 313 - 29,835 - 30,148 128,873 137,331 34,433 (3,940) - - 70101 430,204 0.036884% 8,303,182 10,701,660 6,847,868 841,606 (128,712) 712,894 37,016 486,062 669,859 19,006 1,211,943 4,602 - 438,073 368,635 811,310 98,352 208,882 162,258 (68,859) - - 70102 295,541 0.025339% 5,704,216 7,351,951 4,704,428 578,176 (55,739) 522,437 25,429 333,921 460,188 45,544 865,082 3,162 - 300,953 91,960 396,075 100,252 235,920 175,825 (42,989) - - 70104 26,410 0.002264% 509,663 656,885 420,333 51,659 5,346 57,005 2,272 29,835 41,117 17,262 90,486 282 - 26,890 10,267 37,439 19,284 25,922 12,022 (4,182) - - 70106 21,823 0.001871% 421,192 542,859 347,369 42,692 (4,436) 38,256 1,878 24,656 33,980 4,786 65,300 233 - 22,222 11,184 33,639 7,082 14,696 13,022 (3,139) - - 70108 45,727 0.003921% 882,680 1,137,653 727,971 89,468 29,057 118,525 3,935 51,671 71,210 87,747 214,563 489 - 46,570 43,008 90,067 53,195 38,367 38,596 (5,662) - - 70202 892,784 0.076544% 17,231,285 22,208,760 14,211,128 1,746,554 74,246 1,820,800 76,817 1,008,707 1,390,134 218,715 2,694,373 9,551 - 909,117 20,361 939,029 545,464 786,085 552,294 (128,498) - - 70203 2,936,567 0.251771% 56,677,701 73,049,771 46,743,702 5,744,823 (231,872) 5,512,951 252,669 3,317,871 4,572,474 300,565 8,443,579 31,415 - 2,990,299 1,232,006 4,253,720 1,318,073 1,949,854 1,374,698 (452,767) - - 70204 37,199 0.003189% 717,895 925,268 592,068 72,765 (19,349) 53,416 3,200 42,025 57,916 11,631 114,772 398 - 37,876 38,517 76,791 283 20,184 22,787 (5,272) - - 70209 17,725 0.001520% 342,176 441,018 282,203 34,683 (15,311) 19,372 1,525 20,031 27,605 12,826 61,987 190 - 18,053 25,559 43,802 (5,954) 12,926 13,553 (2,339) - - 70211 52,686 0.004517% 1,016,849 1,310,579 838,624 103,067 12,780 115,847 4,533 59,526 82,034 26,378 172,471 564 - 53,649 - 54,213 40,587 54,595 30,879 (7,803) - - 70212 26,514 0.002273% 511,689 659,497 422,004 51,865 57,007 108,872 2,281 29,954 41,281 183,614 257,130 284 - 26,997 22,616 49,897 71,000 94,897 43,621 (2,286) - - 70213 121,214 0.010392% 2,339,406 3,015,173 1,929,375 237,121 6,825 243,946 10,429 136,947 188,732 52,148 388,256 1,297 - 123,426 19,122 143,845 70,800 119,521 71,939 (17,849) - - 70214 142,464 0.012214% 2,749,568 3,543,815 2,267,646 278,695 (265,830) 12,865 12,258 160,958 221,821 - 395,037 1,524 - 145,066 500,224 646,814 (190,639) (27,885) (6,195) (27,057) - - 70215 31,793 0.002726% 613,666 790,932 506,108 62,201 (881) 61,320 2,736 35,924 49,508 16,462 104,630 340 - 32,377 28,542 61,259 15,901 23,912 8,975 (5,418) - - 70216 5,383 0.000462% 104,004 134,046 85,775 10,542 11,587 22,129 464 6,088 8,390 32,980 47,922 58 - 5,487 - 5,545 14,431 15,950 12,152 (155) - - 70217 250,620 0.021487% 4,837,069 6,234,318 3,989,268 490,283 (115,389) 374,894 21,564 283,158 390,231 41,195 736,148 2,681 - 255,202 418,544 676,427 16,889 86,734 3,411 (47,314) - - 70218 34,915 0.002993% 673,772 868,400 555,679 68,293 (8,501) 59,792 3,004 39,442 54,357 1,592 98,395 373 - 35,548 25,598 61,519 9,924 21,244 11,480 (5,771) - - 70219 59,703 0.005119% 1,152,369 1,485,246 950,391 116,804 20,803 137,607 5,137 67,459 92,967 48,829 214,392 639 - 60,799 - 61,438 52,316 67,328 41,653 (8,344) - - 70220 97,787 0.008384% 1,887,373 2,432,565 1,556,570 191,303 11,071 202,374 8,414 110,485 152,264 21,313 292,476 1,046 - 99,577 14,183 114,806 62,684 80,479 49,425 (14,918) - - 70222 6,233 0.000534% 120,212 154,937 99,142 12,185 (622) 11,563 536 7,037 9,698 4,569 21,840 67 - 6,342 3,877 10,286 2,665 6,508 3,333 (952) - - 70224 5,148 0.000441% 99,276 127,953 81,876 10,063 940 11,003 443 5,812 8,009 15,871 30,135 55 - 5,238 6,761 12,054 3,655 9,996 5,076 (646) - - 70301 323,896 0.027770% 6,251,474 8,057,291 5,155,767 633,646 196,600 830,246 27,869 365,957 504,338 1,595,934 2,494,098 3,465 - 329,826 663,359 996,650 367,557 478,230 662,049 (10,387) - - 70302 35,197 0.003018% 679,400 875,654 560,321 68,864 (22,425) 46,439 3,029 39,772 54,811 2,588 100,200 377 - 35,845 54,360 90,582 (3,846) 4,455 14,425 (5,416) - - 70303 86,430 0.007410% 1,668,110 2,149,965 1,375,738 169,079 (37,693) 131,386 7,436 97,650 134,575 177,523 417,184 925 - 88,009 192,553 281,487 7,924 41,164 95,279 (8,671) - - 70304 31,016 0.002659% 598,584 771,492 493,669 60,672 64,012 124,684 2,668 35,041 48,291 175,501 261,501 332 - 31,581 6,111 38,024 80,381 76,159 67,827 (891) - - 70305 41,055 0.003520% 792,409 1,021,306 653,522 80,318 (37,035) 43,283 3,533 46,387 63,928 68,920 182,768 439 - 41,807 127,997 170,243 (15,365) (4,897) 37,316 (4,530) - - 70401 136,731 0.011723% 2,639,036 3,401,355 2,176,487 267,491 59,923 327,414 11,765 154,487 212,904 97,503 476,659 1,463 - 139,235 2,192 142,890 132,092 132,224 88,828 (19,375) - - 70402 2,630,004 0.225487% 50,760,750 65,423,634 41,863,825 5,145,084 105,751 5,250,835 226,291 2,971,497 4,095,124 658,517 7,951,429 28,135 - 2,678,122 534,207 3,240,464 1,493,887 2,295,597 1,324,943 (403,462) - - 70403 292,622 0.025088% 5,647,712 7,279,125 4,657,828 572,449 75,444 647,893 25,177 330,613 455,629 201,029 1,012,448 3,130 - 297,972 - 301,102 229,890 313,391 208,459 (40,394) - - 70404 88,672 0.007602% 1,711,332 2,205,672 1,411,384 173,460 (4,050) 169,410 7,629 100,180 138,062 43,525 289,396 949 - 90,289 84,878 176,116 42,749 62,766 23,002 (15,237) - - 70405 144,784 0.012413% 2,794,366 3,601,554 2,304,593 283,236 17,547 300,783 12,457 163,580 225,435 51,996 453,468 1,549 - 147,430 43,184 192,163 93,964 122,698 67,260 (22,617) - - 70406 13,715 0.001176% 264,737 341,209 218,336 26,834 (23,656) 3,178 1,180 15,497 21,358 - 38,035 147 - 13,967 49,430 63,544 (16,416) (2,272) (3,939) (2,883) - - 70407 84,161 0.007216% 1,624,438 2,093,677 1,339,720 164,652 5,047 169,699 7,242 95,093 131,052 13,304 246,691 900 - 85,705 18,509 105,114 49,470 64,208 40,831 (12,932) - - 70411 45,740 0.003922% 882,905 1,137,944 728,157 89,491 (4,649) 84,842 3,936 51,685 71,228 59,136 185,985 489 - 46,582 97,075 144,146 19,495 34,055 (2,628) (9,082) - - 70412 36,312 0.003113% 700,786 903,217 577,958 71,031 (20,324) 50,707 3,124 41,024 56,536 - 100,684 388 - 36,973 53,925 91,286 (1,160) 9,616 7,213 (6,272) - - 70413 15,190 0.001302% 293,101 377,767 241,729 29,709 16,262 45,971 1,307 17,158 23,646 45,633 87,744 162 - 15,464 29,264 44,890 24,277 8,149 12,285 (1,857) - - 70414 29,620 0.002540% 571,795 736,965 471,575 57,957 10,746 68,703 2,549 33,472 46,130 83,823 165,974 317 - 30,168 94,141 124,626 26,383 31,651 (10,031) (6,654) - - 70415 29,267 0.002509% 564,816 727,971 465,820 57,249 (47,620) 9,629 2,518 33,064 45,567 - 81,149 313 - 29,800 102,932 133,045 (32,174) (9,197) (4,733) (5,792) - - 70416 10,457 0.000897% 201,929 260,259 166,537 20,467 (33,890) (13,423) 900 11,821 16,291 2,940 31,952 112 - 10,654 103,159 113,925 (28,368) (23,047) (26,624) (3,934) - - 70417 609,821 0.052284% 11,769,969 15,169,874 9,707,026 1,192,998 166,811 1,359,809 52,470 689,005 949,542 491,963 2,182,980 6,524 - 620,980 31,774 659,278 488,680 687,529 432,234 (84,741) - - 70418 35,955 0.003083% 694,033 894,513 572,389 70,347 (17,667) 52,680 3,094 40,628 55,991 - 99,713 385 - 36,617 31,297 68,299 1,312 18,812 16,807 (5,516) - - 70419 23,046 0.001976% 444,829 573,324 366,863 45,088 15,470 60,558 1,983 26,040 35,887 31,131 95,041 247 - 23,469 - 23,716 27,635 32,610 14,494 (3,414) - - 70420 74,477 0.006385% 1,437,366 1,852,568 1,185,437 145,691 (39,497) 106,194 6,408 84,142 115,960 2,610 209,120 797 - 75,835 121,815 198,447 (190) 22,774 2,039 (13,950) - - 70422 51,649 0.004428% 996,814 1,284,756 822,101 101,037 32,482 133,519 4,444 58,353 80,418 80,281 223,496 553 - 52,592 - 53,145 59,742 69,032 47,911 (6,334) - - 70423 144,405 0.012381% 2,787,162 3,592,269 2,298,651 282,505 (30,040) 252,465 12,425 163,158 224,854 9,232 409,669 1,545 - 147,050 114,182 262,777 46,180 81,232 43,597 (24,116) - - 70424 141,069 0.012095% 2,722,779 3,509,288 2,245,553 275,980 24,073 300,053 12,138 159,389 219,660 171,442 562,629 1,509 - 143,653 43,949 189,111 98,532 159,595 132,356 (16,964) - - 70501 190,546 0.016337% 3,677,721 4,740,078 3,033,121 372,772 34,517 407,289 16,395 215,291 296,700 52,986 581,372 2,038 - 194,035 24,743 220,816 135,090 152,038 101,951 (28,524) - - 70502 40,332 0.003458% 778,451 1,003,317 642,011 78,903 3,438 82,341 3,470 45,570 62,802 36,898 148,740 431 - 41,071 17,962 59,464 24,726 36,518 33,170 (5,137) - - 70503 83,610 0.007168% 1,613,632 2,079,750 1,330,808 163,557 229,694 393,251 7,194 94,461 130,180 676,367 908,202 894 - 85,135 - 86,029 273,821 291,606 254,141 2,605 - - 70504 68,324 0.005858% 1,318,730 1,699,662 1,087,594 133,666 6,643 140,309 5,879 77,197 106,389 11,552 201,017 731 - 69,576 - 70,307 42,706 58,821 39,250 (10,067) - - 70505 3,006 0.000258% 58,080 74,857 47,900 5,887 (3,153) 2,734 259 3,400 4,686 100 8,445 32 - 3,064 9,177 12,273 (1,565) (768) (869) (625) - - 70506 127,265 0.010911% 2,456,242 3,165,758 2,025,732 248,963 56,832 305,795 10,950 143,787 198,157 116,126 469,020 1,361 - 129,591 - 130,952 124,002 141,622 90,075 (17,632) - - 70507 4,247 0.000364% 81,942 105,612 67,580 8,306 (8,897) (591) 365 4,797 6,611 25,626 37,399 45 - 4,323 53,137 57,505 (6,656) (430) (11,291) (1,729) - - 70508 148,502 0.012732% 2,866,178 3,694,110 2,363,818 290,514 (13,619) 276,895 12,777 167,784 231,229 4,659 416,449 1,589 - 151,219 54,014 206,822 64,761 104,281 64,006 (23,421) - - 70601 57,765 0.004953% 1,115,000 1,437,082 919,572 113,016 (27,751) 85,265 4,971 65,271 89,953 64,556 224,751 618 - 58,827 153,099 212,544 2,740 30,773 (9,431) (11,874) - - 70602 333,936 0.028630% 6,445,073 8,306,814 5,315,434 653,269 (574,876) 78,393 28,732 377,290 519,956 114,214 1,040,192 3,572 - 340,040 1,620,412 1,964,024 (398,625) (165,580) (275,860) (83,767) - - 70603 123,491 0.010588% 2,383,529 3,072,042 1,965,764 241,593 3,420 245,013 10,626 139,530 192,291 68,748 411,195 1,321 - 125,754 26,338 153,413 68,602 123,165 83,391 (17,376) - - 70604 41,966 0.003598% 809,968 1,043,937 668,003 82,098 (22,058) 60,040 3,611 47,415 65,344 102,468 218,838 449 - 42,734 260,713 303,896 92 (14,472) (58,227) (12,451) - - 70605 1,323 0.000113% 25,438 32,786 20,980 2,578 19 2,597 113 1,489 2,052 458 4,112 14 - 1,342 1,065 2,421 715 766 428 (218) - - 70606 82,695 0.007090% 1,596,073 2,057,119 1,316,327 161,777 92,128 253,905 7,115 93,433 128,763 207,182 436,493 885 - 84,208 2,800 87,893 135,775 161,658 62,953 (11,787) - - 70607 444,555 0.038115% 8,580,299 11,058,827 7,076,415 869,695 (11,813) 857,882 38,251 502,284 692,216 69,426 1,302,177 4,756 - 452,694 111,291 568,741 222,829 362,467 216,700 (68,561) - - 70608 57,735 0.004950% 1,114,325 1,436,211 919,015 112,947 10,415 123,362 4,968 65,232 89,898 18,289 178,387 618 - 58,791 5,352 64,761 40,888 51,025 30,449 (8,735) - - 70609 1,937 0.000166% 37,369 48,164 30,819 3,788 46 3,834 167 2,188 3,015 3,712 9,082 21 - 1,972 4,168 6,161 1,068 2,101 125 (372) - - 70701 4,489,779 0.384938% 86,655,734 111,687,338 71,467,433 8,783,381 828,412 9,611,793 386,311 5,072,763 6,990,952 3,197,122 15,647,148 48,030 - 4,571,931 383,055 5,003,016 3,198,155 4,769,262 3,289,170 (612,456) - - 70702 293,149 0.025134% 5,658,068 7,292,472 4,666,368 573,499 16,105 589,604 25,224 331,219 456,465 155,270 968,178 3,136 - 298,518 51,862 353,516 170,834 273,873 209,979 (40,025) - - 70704 1,264,046 0.108375% 24,396,955 31,444,324 20,120,859 2,472,863 390,474 2,863,337 108,762 1,428,180 1,968,225 1,165,709 4,670,876 13,522 - 1,287,176 42,720 1,343,418 1,057,649 1,453,203 985,126 (168,519) - - 70705 8,360,576 0.716806% 161,364,558 207,976,750 133,081,911 16,355,830 7,553,927 23,909,757 719,363 9,446,163 13,018,087 14,907,227 38,090,840 89,439 - 8,513,546 - 8,602,985 11,966,705 11,162,165 7,408,318 (1,049,332) - - 70707 243,615 0.020887% 4,702,000 6,060,232 3,877,872 476,592 (6,649) 469,943 20,962 275,252 379,334 215,544 891,092 2,606 - 248,076 124,226 374,908 121,935 225,856 199,599 (31,206) - - 70709 84,814 0.007272% 1,637,044 2,109,925 1,350,117 165,930 80,872 246,802 7,298 95,831 132,069 177,150 412,348 907 - 86,370 76,405 163,682 125,640 109,213 28,276 (14,463) - - 70712 39,422 0.003380% 760,892 980,686 627,529 77,124 24,354 101,478 3,392 44,542 61,385 46,922 156,241 422 - 40,144 - 40,566 45,162 47,235 28,699 (5,421) - - 70714 73,897 0.006336% 1,426,335 1,838,351 1,176,339 144,573 (40,354) 104,219 6,359 83,497 115,070 - 204,926 791 - 75,253 79,452 155,496 (1,349) 33,860 28,689 (11,771) - - 70715 72,577 0.006223% 1,400,897 1,805,564 1,155,360 141,994 (44,044) 97,950 6,245 82,008 113,017 6,597 207,867 776 - 73,911 144,721 219,408 (5,734) 10,479 (2,447) (13,838) - - 70718 2,902 0.000249% 56,054 72,246 46,229 5,682 (2,065) 3,617 250 3,281 4,522 3,196 11,249 31 - 2,957 13,886 16,874 (532) (1,446) (2,883) (763) - - 70719 272,562 0.023369% 5,260,738 6,780,368 4,338,679 533,226 (18,612) 514,614 23,452 307,960 424,410 381,907 1,137,729 2,916 - 277,555 279,926 560,397 125,251 223,626 260,027 (31,572) - - 70801 4,131,751 0.354242% 79,745,571 102,781,087 65,768,426 8,082,971 4,988,727 13,071,698 355,506 4,668,247 6,433,475 12,760,182 24,217,410 44,200 - 4,207,353 331,770 4,583,323 7,169,500 8,600,428 4,358,156 (493,997) - - 70802 196,861 0.016878% 3,799,509 4,897,045 3,133,563 385,116 22,623 407,739 16,938 222,420 306,525 125,690 671,573 2,106 - 200,461 34,377 236,944 126,527 208,041 128,248 (28,188) - - 70804 21,474 0.001841% 414,439 534,155 341,799 42,007 (42,842) (835) 1,848 24,261 33,435 1,571 61,115 230 - 21,866 99,162 121,258 (31,508) (26,438) 1,438 (3,634) - - 70805 59,556 0.005106% 1,149,443 1,481,474 947,978 116,507 (12,137) 104,370 5,124 67,288 92,731 18,536 183,679 637 - 60,644 58,872 120,153 19,296 38,827 15,604 (10,201) - - 70806 147,782 0.012670% 2,852,221 3,676,121 2,352,307 289,100 54,989 344,089 12,715 166,967 230,103 267,807 677,592 1,581 - 150,482 42,756 194,819 132,988 206,351 159,847 (16,412) - - 70807 3,378 0.000290% 65,284 84,142 53,841 6,617 (1,143) 5,474 291 3,822 5,267 137 9,517 36 - 3,444 1,556 5,036 642 2,459 1,880 (500) - - 70808 149,360 0.012806% 2,882,837 3,715,580 2,377,557 292,203 99,893 392,096 12,852 168,759 232,573 301,345 715,529 1,598 - 152,098 9,262 162,958 178,729 228,497 162,040 (16,695) - - 70809 139,142 0.011930% 2,685,635 3,461,414 2,214,919 272,215 65,991 338,206 11,973 157,215 216,664 136,328 522,180 1,489 - 141,693 - 143,182 139,434 161,213 97,755 (19,403) - - 70812 237,597 0.020371% 4,585,840 5,910,517 3,782,072 464,818 (149,453) 315,365 20,444 268,452 369,963 182,244 841,103 2,542 - 241,948 398,603 643,093 (24,046) 82,411 170,744 (31,100) - - 70813 - 0.000000% - - - - (13,085) (13,085) - - - - - - - - 17,589 17,589 (13,085) (4,217) (287) - - - 70901 489,843 0.041997% 9,454,200 12,185,165 7,797,146 958,273 115,182 1,073,455 42,147 553,442 762,718 249,132 1,607,439 5,240 - 498,801 101,594 605,635 373,723 458,433 245,105 (75,456) - - 70902 55,278 0.004739% 1,066,825 1,374,991 879,841 108,133 6,944 115,077 4,756 62,451 86,066 229,782 383,055 591 - 56,285 258,598 315,474 36,118 75,620 (30,550) (13,606) - - 70903 6,601 0.000566% 127,416 164,221 105,083 12,915 264 13,179 568 7,459 10,279 2,326 20,632 71 - 6,722 961 7,754 3,748 5,726 4,333 (929) - - 70905 330,087 0.028300% 6,370,785 8,211,067 5,254,167 645,740 15,599 661,339 28,401 372,941 513,963 163,108 1,078,413 3,531 - 336,121 72,709 412,361 189,819 290,891 230,690 (45,347) - - 70908 18,202 0.001561% 351,406 452,914 289,815 35,618 8,892 44,510 1,567 20,571 28,350 43,633 94,121 195 - 18,540 13,351 32,086 18,502 22,407 22,847 (1,722) - - 71001 9,778,087 0.838338% 188,723,366 243,238,495 155,645,493 19,128,905 3,009,403 22,138,308 841,328 11,047,728 15,225,259 7,250,817 34,365,132 104,603 - 9,956,989 - 10,061,592 8,170,353 10,187,073 7,266,851 (1,320,738) - - 71003 2,832,968 0.242889% 54,678,220 70,472,715 45,094,673 5,542,157 (431,552) 5,110,605 243,755 3,200,823 4,411,166 - 7,855,744 30,306 - 2,884,807 806,318 3,721,431 1,063,713 2,084,053 1,418,439 (431,892) - - 71004 858,386 0.073595% 16,567,418 21,353,126 13,663,618 1,679,265 (244,161) 1,435,104 73,858 969,845 1,336,577 116,325 2,496,605 9,183 - 874,092 771,353 1,654,628 208,902 373,133 391,240 (131,298) - - 71006 4,348,134 0.372793% 83,921,700 108,163,543 69,212,597 8,506,261 155,154 8,661,415 374,123 4,912,715 6,770,384 429,042 12,486,264 46,515 - 4,427,684 200,708 4,674,907 2,450,130 3,672,332 2,342,043 (653,147) - - 71008 1,621,270 0.139002% 31,291,586 40,330,555 25,807,055 3,171,699 514,379 3,686,078 139,498 1,831,787 2,524,449 1,231,485 5,727,219 17,344 - 1,650,935 - 1,668,279 1,370,099 1,771,958 1,141,985 (225,103) - - 71011 850,079 0.072883% 16,407,135 21,146,544 13,531,428 1,663,019 222,705 1,885,724 73,143 960,462 1,323,646 497,271 2,854,522 9,094 - 865,636 - 874,730 671,385 865,037 563,652 (120,282) - - 71012 130,301 0.011172% 2,514,997 3,241,485 2,074,189 254,919 11,916 266,835 11,212 147,226 202,897 48,296 409,631 1,394 - 132,690 47,989 182,073 80,693 109,557 57,879 (20,571) - - 71015 453,483 0.038880% 8,752,513 11,280,787 7,218,445 887,150 208,503 1,095,653 39,019 512,366 706,109 422,709 1,680,203 4,851 - 461,780 89,120 555,751 447,855 508,634 237,701 (69,738) - - 71016 559,849 0.047999% 10,805,347 13,926,608 8,911,475 1,095,224 5,089 1,100,313 48,170 632,537 871,721 250,768 1,803,196 5,989 - 570,087 236,590 812,666 300,579 511,207 266,225 (87,482) - - 71017 1,197,916 0.102705% 23,120,547 29,799,209 19,068,169 2,343,487 (14,154) 2,329,333 103,071 1,353,460 1,865,250 181,341 3,503,122 12,815 - 1,219,833 505,072 1,737,720 618,115 833,657 503,356 (189,726) - - 71018 2,732,570 0.234281% 52,740,421 67,975,158 43,496,515 5,345,742 196,994 5,542,736 235,117 3,087,386 4,254,834 651,198 8,228,535 29,232 - 2,782,569 442,549 3,254,350 1,639,267 2,366,238 1,386,665 (417,985) - -

App I - 2

Page 25: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

71019 921,774 0.079030% 17,790,924 22,930,057 14,672,678 1,803,279 449,833 2,253,112 79,312 1,041,468 1,435,283 1,256,061 3,812,124 9,861 - 938,644 - 948,505 936,355 1,192,532 848,120 (113,388) - - 71020 666,548 0.057147% 12,864,709 16,580,842 10,609,889 1,303,960 49,485 1,353,445 57,351 753,091 1,037,860 388,468 2,236,770 7,130 - 678,738 376,217 1,062,085 401,292 609,403 271,801 (107,810) - - 71024 118,163 0.010131% 2,280,651 2,939,446 1,880,917 231,166 (128,304) 102,862 10,167 133,508 183,992 - 327,667 1,264 - 120,326 188,852 310,442 (65,936) 41,075 59,734 (17,648) - - 71025 224,605 0.019257% 4,335,060 5,587,297 3,575,247 439,400 16,339 455,739 19,326 253,771 349,731 69,009 691,837 2,403 - 228,716 13,949 245,068 134,888 209,741 134,940 (32,800) - - 71026 252,603 0.021657% 4,875,339 6,283,642 4,020,830 494,162 420,582 914,744 21,734 285,399 393,318 1,574,191 2,274,642 2,702 - 257,221 327,704 587,627 553,906 541,787 594,405 (3,083) - - 71027 15,290 0.001311% 295,127 380,378 243,400 29,914 18,151 48,065 1,316 17,277 23,809 42,027 84,429 164 - 15,571 - 15,735 26,222 29,067 15,274 (1,869) - - 71028 7,311 0.000627% 141,148 181,920 116,409 14,307 (11,284) 3,023 629 8,263 11,387 1,289 21,568 78 - 7,447 13,671 21,196 (7,424) 4,506 4,358 (1,067) - - 71030 8,281 0.000710% 159,832 206,002 131,818 16,201 (6,672) 9,529 713 9,356 12,894 2,909 25,872 89 - 8,433 13,500 22,022 (2,301) 2,390 4,927 (1,167) - - 71031 96,501 0.008274% 1,862,610 2,400,649 1,536,147 188,793 563 189,356 8,304 109,036 150,266 22,826 290,432 1,032 - 98,271 8,599 107,902 51,499 85,532 59,431 (13,932) - - 71032 160,262 0.013740% 3,093,095 3,986,575 2,550,963 313,515 208,266 521,781 13,789 181,068 249,535 563,493 1,007,885 1,714 - 163,191 12,107 177,012 292,852 347,806 206,423 (16,209) - - 71034 43,309 0.003713% 835,856 1,077,304 689,354 84,722 34,688 119,410 3,726 48,930 67,433 60,114 180,203 463 - 44,100 32,795 77,358 57,546 38,550 13,987 (7,238) - - 71035 17,618 0.001511% 340,150 438,407 280,532 34,477 13,549 48,026 1,516 19,912 27,442 51,270 100,140 189 - 17,946 71,330 89,465 22,851 4,652 (12,507) (4,322) - - 71036 47,971 0.004113% 925,902 1,193,361 763,618 93,849 (24,377) 69,472 4,128 54,202 74,697 5,024 138,051 513 - 48,850 79,668 129,031 943 11,182 5,493 (8,598) - - 71037 26,994 0.002314% 520,919 671,393 429,616 52,800 (8,682) 44,118 2,322 30,494 42,025 - 74,841 289 - 27,484 14,494 42,267 5,563 16,969 14,086 (4,044) - - 71038 182,502 0.015647% 3,522,391 4,539,879 2,905,016 357,028 178,944 535,972 15,703 206,198 284,169 490,758 996,828 1,952 - 185,840 92,925 280,717 275,270 242,952 216,256 (18,367) - - 71039 13,509 0.001158% 260,684 335,986 214,994 26,423 (301,927) (275,504) 1,162 15,260 21,031 - 37,453 144 - 13,754 763,345 777,243 (294,798) (240,413) (188,684) (15,895) - - 71042 14,331 0.001229% 276,668 356,587 228,176 28,043 (20,104) 7,939 1,233 16,196 22,320 133,219 172,968 153 - 14,597 104,301 119,051 (12,538) 17,919 47,510 1,027 - - 71043 6,746 0.000578% 130,117 167,703 107,311 13,189 (493) 12,696 580 7,617 10,497 14,603 33,297 72 - 6,865 10,310 17,247 3,065 5,704 7,940 (658) - - 71044 514,586 0.044119% 9,931,896 12,800,850 8,191,116 1,006,692 (80,104) 926,588 44,276 581,406 801,256 70,037 1,496,975 5,505 - 524,004 237,838 767,347 191,500 388,225 230,694 (80,790) - - 71045 174,007 0.014919% 3,358,507 4,328,654 2,769,855 340,417 (165,199) 175,218 14,972 196,605 270,948 - 482,525 1,862 - 177,194 272,770 451,826 (73,355) 76,389 56,399 (28,735) - - 71047 67,756 0.005809% 1,307,699 1,685,445 1,078,497 132,548 104,316 236,864 5,830 76,552 105,499 259,518 447,399 725 - 68,994 - 69,719 140,077 141,462 101,707 (5,566) - - 71101 559,874 0.048002% 10,806,022 13,927,478 8,912,032 1,095,293 5,237 1,100,530 48,173 632,577 871,776 142,862 1,695,388 5,989 - 570,123 77,264 653,376 300,745 471,161 350,199 (80,092) - - 71103 585,462 0.050195% 11,299,702 14,563,763 9,319,183 1,145,332 249,575 1,394,907 50,374 661,476 911,604 611,904 2,235,358 6,263 - 596,169 - 602,432 558,584 668,455 481,660 (75,773) - - 71105 239,822 0.020561% 4,628,612 5,965,645 3,817,347 469,154 (84,502) 384,652 20,634 270,956 373,413 9,533 674,536 2,565 - 244,204 215,296 462,065 42,075 136,796 73,631 (40,031) - - 71106 42,830 0.003672% 826,626 1,065,408 681,742 83,786 4,094 87,880 3,685 48,390 66,688 28,493 147,256 458 - 43,613 10,119 54,190 26,699 46,330 26,314 (6,277) - - 71107 30,877 0.002647% 595,882 768,010 491,441 60,398 (2,795) 57,603 2,656 34,883 48,073 2,943 88,555 330 - 31,439 15,055 46,824 13,500 20,299 12,825 (4,892) - - 71108 46,828 0.004015% 903,841 1,164,927 745,423 91,613 4,788 96,401 4,029 52,910 72,917 63,616 193,472 501 - 47,686 50,163 98,350 29,505 55,071 18,324 (7,777) - - 71109 71,103 0.006096% 1,372,308 1,768,716 1,131,781 139,096 (14,142) 124,954 6,118 80,334 110,711 31,153 228,316 761 - 72,403 28,841 102,005 23,386 63,699 49,089 (9,863) - - 71112 243,530 0.020879% 4,700,199 6,057,910 3,876,387 476,410 169,054 645,464 20,953 275,146 379,189 377,491 1,052,779 2,605 - 247,981 - 250,586 297,589 325,779 209,973 (31,148) - - 71114 13,641 0.001170% 263,386 339,468 217,222 26,697 22,687 49,384 1,174 15,418 21,249 51,249 89,090 146 - 13,896 - 14,042 29,890 33,648 13,282 (1,772) - - 71115 54,836 0.004701% 1,058,271 1,363,966 872,786 107,266 (1,136) 106,130 4,718 61,950 85,376 16,612 168,656 587 - 55,834 44,960 101,381 27,804 31,700 16,891 (9,119) - - 71117 25,777 0.002210% 497,507 641,218 410,308 50,427 21,951 72,378 2,218 29,124 40,136 51,014 122,492 276 - 26,248 - 26,524 35,556 42,343 21,508 (3,439) - - 71201 154,549 0.013251% 2,983,013 3,844,694 2,460,175 302,357 163,431 465,788 13,298 174,623 240,655 543,143 971,719 1,653 - 157,383 20,187 179,223 245,006 304,118 254,166 (10,793) - - 71202 902,342 0.077364% 17,415,881 22,446,678 14,363,369 1,765,265 316,124 2,081,389 77,640 1,019,513 1,405,026 968,116 3,470,295 9,653 - 918,857 24,802 953,312 792,390 1,035,621 801,098 (112,127) - - 71205 43,992 0.003772% 849,138 1,094,422 700,308 86,068 (3,742) 82,326 3,785 49,708 68,504 42,443 164,440 471 - 44,800 34,894 80,165 19,479 34,153 36,195 (5,553) - - 71206 246,924 0.021170% 4,765,707 6,142,342 3,930,414 483,050 161,100 644,150 21,246 278,981 384,473 394,867 1,079,567 2,641 - 251,437 - 254,078 291,426 346,401 218,948 (31,286) - - 71207 123,124 0.010556% 2,376,325 3,062,757 1,959,823 240,863 80,770 321,633 10,594 139,108 191,710 219,620 561,032 1,317 - 125,374 15,767 142,458 145,755 192,617 97,033 (16,831) - - 71209 35,533 0.003047% 685,929 884,068 565,705 69,525 769 70,294 3,058 40,154 55,337 33,740 132,289 380 - 36,189 16,926 53,495 19,527 41,941 22,524 (5,196) - - 71210 24,987 0.002142% 482,199 621,488 397,683 48,875 2,346 51,221 2,150 28,228 38,901 37,808 107,087 267 - 25,441 13,318 39,026 15,533 32,309 23,286 (3,067) - - 71213 8,763 0.000751% 169,062 217,898 139,430 17,136 (10,205) 6,931 754 9,897 13,639 - 24,290 94 - 8,920 17,401 26,415 (5,582) 1,511 3,329 (1,383) - - 71216 24,701 0.002118% 476,796 614,524 393,227 48,328 7,299 55,627 2,126 27,911 38,466 16,617 85,120 264 - 25,156 - 25,420 20,338 25,354 17,419 (3,411) - - 71301 241,707 0.020723% 4,665,081 6,012,648 3,847,424 472,850 (53,525) 419,325 20,797 273,090 376,355 - 670,242 2,586 - 246,128 122,808 371,522 74,049 147,087 114,640 (37,055) - - 71302 95,545 0.008192% 1,844,151 2,376,857 1,520,923 186,922 15,913 202,835 8,221 107,955 148,777 99,357 364,310 1,022 - 97,297 53,901 152,220 66,344 81,741 76,296 (12,291) - - 71303 599,988 0.051441% 11,580,196 14,925,282 9,550,515 1,173,763 237,068 1,410,831 51,624 677,896 934,232 700,506 2,364,258 6,419 - 610,968 181,698 799,085 553,747 773,846 329,816 (92,235) - - 71304 3,427 0.000294% 66,184 85,302 54,584 6,708 5,311 12,019 295 3,874 5,339 13,266 22,774 37 - 3,492 10,672 14,201 7,121 3,439 (1,220) (767) - - 71305 29,854 0.002560% 576,297 742,768 475,289 58,413 (33,929) 24,484 2,569 33,736 46,493 - 82,798 319 - 30,405 70,408 101,132 (18,169) 3,667 1,662 (5,494) - - 71307 11,465 0.000983% 221,289 285,211 182,503 22,430 16,184 38,614 987 12,954 17,853 44,911 76,705 123 - 11,675 914 12,712 22,236 26,202 16,577 (1,022) - - 71309 1,333,411 0.114322% 25,735,721 33,169,809 21,224,976 2,608,560 357,654 2,966,214 114,730 1,506,550 2,076,229 771,186 4,468,695 14,264 - 1,357,809 - 1,372,073 1,061,439 1,426,834 804,392 (196,042) - - 71310 7,198 0.000617% 138,897 179,019 114,552 14,078 19,576 33,654 619 8,131 11,205 65,785 85,740 77 - 7,328 23,730 31,135 23,374 12,825 18,335 71 - - 71311 18,446 0.001581% 355,909 458,717 293,528 36,075 (5,720) 30,355 1,587 20,835 28,713 3,301 54,436 197 - 18,778 19,477 38,452 4,013 6,965 7,859 (2,854) - - 71312 117,250 0.010053% 2,263,092 2,916,815 1,866,436 229,386 (4,272) 225,114 10,089 132,480 182,575 40,983 366,127 1,254 - 119,400 63,125 183,779 57,616 95,632 47,946 (18,846) - - 71314 728 0.000062% 13,957 17,989 11,511 1,415 (35) 1,380 62 817 1,126 441 2,446 8 - 736 294 1,038 347 628 530 (98) - - 71315 35,078 0.003007% 676,924 872,462 558,278 68,613 (7,918) 60,695 3,018 39,627 54,611 155,662 252,918 375 - 35,714 249,807 285,896 10,594 20,975 (53,392) (11,155) - - 71401 578,571 0.049605% 11,166,883 14,392,579 9,209,644 1,131,870 (100,096) 1,031,774 49,782 653,701 900,888 69,891 1,674,262 6,189 - 589,161 289,047 884,397 205,281 424,861 251,126 (91,404) - - 71402 152,091 0.013040% 2,935,514 3,783,474 2,421,001 297,542 15,143 312,685 13,087 171,843 236,823 38,658 460,411 1,627 - 154,877 5,349 161,853 95,419 132,471 92,655 (21,986) - - 71404 34,931 0.002995% 674,223 868,980 556,050 68,339 (18,122) 50,217 3,006 39,469 54,393 2,078 98,946 374 - 35,572 42,460 78,406 316 8,907 16,552 (5,235) - - 71406 25,318 0.002171% 488,727 629,902 403,067 49,537 22,822 72,359 2,179 28,610 39,428 52,213 122,430 271 - 25,785 - 26,056 36,187 39,081 24,199 (3,092) - - 71407 33,160 0.002843% 640,005 824,879 527,830 64,871 5,396 70,267 2,853 37,465 51,632 35,129 127,079 355 - 33,766 8,948 43,069 22,898 38,896 26,594 (4,378) - - 71408 52,921 0.004537% 1,021,352 1,316,382 842,338 103,524 9,914 113,438 4,553 59,789 82,398 25,507 172,247 566 - 53,886 36,382 90,834 37,845 34,800 17,498 (8,730) - - 71409 388,934 0.033346% 7,506,721 9,675,132 6,191,005 760,877 (20,739) 740,138 33,465 439,438 605,605 126,178 1,204,686 4,161 - 396,052 75,512 475,725 184,545 351,045 248,867 (55,496) - - 71501 1,212,198 0.103930% 23,396,314 30,154,635 19,295,602 2,371,439 159,766 2,531,205 104,301 1,369,603 1,887,498 996,804 4,358,206 12,968 - 1,234,383 258,467 1,505,818 799,577 1,228,380 981,511 (157,081) - - 71504 260,522 0.022336% 5,028,193 6,480,650 4,146,893 509,655 (16,531) 493,124 22,416 294,347 405,649 109,860 832,272 2,787 - 265,286 174,962 443,035 120,973 211,669 99,088 (42,492) - - 71505 262,026 0.022465% 5,057,233 6,518,078 4,170,843 512,599 164,866 677,465 22,545 296,047 407,992 295,588 1,022,172 2,803 - 266,818 - 269,621 303,164 315,234 171,766 (37,613) - - 71506 96,597 0.008282% 1,864,411 2,402,970 1,537,633 188,976 (2,485) 186,491 8,312 109,141 150,411 47,181 315,045 1,033 - 98,366 23,024 122,423 48,500 89,313 68,093 (13,283) - - 71601 862,581 0.073955% 16,648,460 21,457,578 13,730,455 1,687,479 (718,664) 968,815 74,219 974,589 1,343,115 90,983 2,482,906 9,228 - 878,368 1,546,271 2,433,867 (263,385) 333,455 132,821 (153,852) - - 71603 694 0.000059% 13,282 17,118 10,954 1,346 (320) 1,026 59 778 1,072 - 1,909 7 - 701 729 1,437 43 315 226 (112) - - 71604 215,520 0.018478% 4,159,695 5,361,275 3,430,618 421,625 21,928 443,553 18,544 243,505 335,583 183,172 780,804 2,306 - 219,464 87,334 309,104 135,682 193,056 170,910 (27,949) - - 71605 334,064 0.028641% 6,447,550 8,310,006 5,317,476 653,520 39,228 692,748 28,743 377,435 520,156 147,790 1,074,124 3,574 - 340,171 100,958 444,703 215,547 259,696 202,211 (48,033) - - 71606 66,912 0.005737% 1,291,491 1,664,554 1,065,129 130,905 2,669 133,574 5,757 75,603 104,191 64,403 249,954 716 - 68,139 29,687 98,542 37,987 78,623 44,416 (9,614) - - 71607 195,108 0.016728% 3,765,742 4,853,524 3,105,714 381,694 (71,703) 309,991 16,788 220,444 303,801 49,001 590,034 2,087 - 198,679 336,203 536,969 31,277 60,568 (1,702) (37,079) - - 71608 6,761 0.000580% 130,567 168,283 107,683 13,234 590 13,824 582 7,643 10,534 1,475 20,234 72 - 6,889 2 6,963 4,161 6,114 3,988 (992) - - 71609 145,789 0.012499% 2,813,726 3,626,506 2,320,559 285,198 (9,919) 275,279 12,544 164,713 226,997 114,460 518,714 1,560 - 148,451 65,748 215,759 67,027 139,014 115,934 (19,020) - - 71610 303,444 0.026016% 5,856,620 7,548,379 4,830,120 593,624 44,792 638,416 26,109 342,842 472,483 97,996 939,430 3,246 - 308,994 - 312,240 204,951 289,024 177,912 (44,697) - - 71611 46,353 0.003974% 894,611 1,153,031 737,811 90,677 14,315 104,992 3,988 52,370 72,173 69,711 198,242 496 - 47,199 16,317 64,012 38,780 63,877 37,741 (6,168) - - 71612 2,222 0.000191% 42,997 55,417 35,461 4,358 2,851 7,209 192 2,517 3,469 7,802 13,980 24 - 2,269 - 2,293 4,027 4,269 3,555 (163) - - 71614 14,581 0.001250% 281,395 362,680 232,074 28,522 11,555 40,077 1,254 16,473 22,702 28,288 68,717 156 - 14,846 5,575 20,577 19,250 23,459 7,739 (2,306) - - 71701 554,494 0.047540% 10,702,019 13,793,432 8,826,257 1,084,751 (387,186) 697,565 47,710 626,488 863,385 - 1,537,583 5,932 - 564,635 717,250 1,287,817 (94,522) 227,938 205,357 (89,008) - - 71702 287,466 0.024646% 5,548,211 7,150,882 4,575,766 562,364 (41,544) 520,820 24,734 324,788 447,602 68,292 865,416 3,075 - 292,722 212,367 508,164 110,181 199,497 95,275 (47,701) - - 71705 62,364 0.005347% 1,203,696 1,551,398 992,722 122,006 63,893 185,899 5,366 70,463 97,108 402,264 575,201 667 - 63,507 96,443 160,617 96,810 154,636 162,883 255 - - 71706 4,547 0.000390% 87,795 113,156 72,407 8,899 (26,308) (17,409) 391 5,139 7,083 5,689 18,302 49 - 4,632 40,881 45,562 (23,907) (6,169) 3,360 (544) - - 71707 2,763 0.000237% 53,353 68,764 44,001 5,408 (141) 5,267 238 3,123 4,304 782 8,447 30 - 2,815 2,051 4,896 1,318 1,825 870 (462) - - 71802 30,890 0.002648% 596,107 768,301 491,627 60,421 1,953 62,374 2,657 34,896 48,091 133,784 219,428 330 - 31,450 58,184 89,964 18,255 53,343 59,294 (1,428) - - 71803 2,946,545 0.252626% 56,870,175 73,297,844 46,902,441 5,764,332 533,780 6,298,112 253,527 3,329,138 4,588,002 2,071,806 10,242,473 31,521 - 3,000,454 872,915 3,904,890 2,088,988 3,156,553 1,544,980 (452,938) - - 71805 21,530 0.001846% 415,564 535,605 342,728 42,121 15,668 57,789 1,853 24,327 33,526 92,526 152,232 230 - 21,925 16,874 39,029 27,032 45,366 41,826 (1,020) - - 71807 134,533 0.011534% 2,596,489 3,346,518 2,141,398 263,179 (153,095) 110,084 11,575 151,997 209,472 - 373,044 1,439 - 136,990 382,204 520,633 (82,090) (24,994) (14,416) (26,089) - - 71808 376,563 0.032285% 7,267,873 9,367,290 5,994,020 736,668 7,207 743,875 32,400 425,456 586,336 183,453 1,227,645 4,028 - 383,451 62,296 449,775 205,959 359,397 264,474 (51,960) - - 71809 724,886 0.062149% 13,990,739 18,032,141 11,538,558 1,418,094 246,505 1,664,599 62,371 819,008 1,128,703 578,675 2,588,757 7,755 - 738,147 - 745,902 629,105 799,600 514,524 (100,373) - - 71810 140,470 0.012043% 2,711,073 3,494,201 2,235,898 274,793 67,035 341,828 12,086 158,704 218,716 208,133 597,639 1,503 - 143,035 21,410 165,948 141,174 197,097 112,279 (18,858) - - 71811 702,544 0.060234% 13,559,642 17,476,516 11,183,020 1,374,398 164,876 1,539,274 60,449 793,772 1,093,924 782,179 2,730,324 7,516 - 715,403 138,560 861,479 535,687 837,995 586,087 (90,924) - - 71812 11,381 0.000976% 219,713 283,180 181,204 22,270 (1,980) 20,290 979 12,862 17,725 7,578 39,144 122 - 11,592 8,950 20,664 4,028 7,716 8,254 (1,518) - - 71813 113,719 0.009750% 2,194,882 2,828,901 1,810,181 222,472 48,033 270,505 9,785 128,487 177,072 131,804 447,148 1,217 - 115,801 6,839 123,857 108,056 129,613 99,822 (14,200) - - 71815 13,451 0.001153% 259,559 334,536 214,066 26,309 2,389 28,698 1,157 15,194 20,940 9,994 47,285 144 - 13,694 3,002 16,840 9,487 15,195 7,780 (2,017) - - 71817 81,168 0.006959% 1,566,583 2,019,110 1,292,005 158,788 46,036 204,824 6,984 91,707 126,384 107,186 332,261 868 - 82,652 - 83,520 88,877 98,150 71,841 (10,127) - - 71819 226 0.000019% 4,277 5,513 3,528 434 (516) (82) 19 250 345 - 614 2 - 226 1,457 1,685 (399) (297) (310) (65) - - 71901 446,094 0.038247% 8,610,015 11,097,126 7,100,923 872,707 (174,860) 697,847 38,383 504,024 694,613 92,266 1,329,286 4,772 - 454,262 604,986 1,064,020 60,595 218,421 66,181 (79,932) - - 71902 4,267 0.000366% 82,392 106,193 67,951 8,351 527 8,878 367 4,823 6,647 2,612 14,449 46 - 4,347 4,830 9,223 2,780 2,406 792 (752) - - 71904 40,658 0.003486% 784,755 1,011,441 647,209 79,542 510 80,052 3,498 45,939 63,310 8,580 121,327 435 - 41,403 20,666 62,504 21,970 27,797 15,609 (6,554) - - 71905 21,647 0.001856% 417,815 538,507 344,584 42,350 89 42,439 1,863 24,459 33,707 1,724 61,753 232 - 22,044 3,367 25,643 11,515 16,525 11,331 (3,261) - - 71906 193,706 0.016608% 3,738,728 4,818,707 3,083,435 378,956 (102,187) 276,769 16,667 218,862 301,622 21,776 558,927 2,072 - 197,254 359,240 558,566 55 40,330 (3,249) (36,775) - - 72001 306,210 0.026253% 5,909,973 7,617,143 4,874,121 599,032 (47,089) 551,943 26,347 345,965 476,787 91,335 940,434 3,276 - 311,808 264,371 579,455 114,529 208,599 89,604 (51,752) - - 72002 939,099 0.080515% 18,125,221 23,360,921 14,948,382 1,837,163 (168,990) 1,668,173 80,802 1,061,037 1,462,252 333,796 2,937,887 10,046 - 956,281 393,233 1,359,560 326,674 768,280 615,480 (132,107) - - 72004 32,384 0.002776% 624,922 805,439 515,391 63,342 (7,873) 55,469 2,786 36,582 50,416 2,824 92,608 346 - 32,971 20,032 53,349 9,217 17,654 17,179 (4,792) - - 72006 252,202 0.021623% 4,867,685 6,273,777 4,014,517 493,386 (1,271,939) (778,553) 21,700 284,951 392,701 388,809 1,088,161 2,698 - 256,818 4,764,065 5,023,581 (1,138,824) (1,345,273) (1,309,527) (141,794) - - 72007 51,148 0.004385% 987,134 1,272,280 814,117 100,055 30,916 130,971 4,401 57,786 79,637 134,603 276,427 547 - 52,081 71,962 124,590 57,911 85,161 17,689 (8,923) - - 72009 278,270 0.023858% 5,370,819 6,922,249 4,429,467 544,384 (77,546) 466,838 23,943 314,404 433,291 - 771,638 2,977 - 283,363 198,263 484,603 69,328 157,122 105,336 (44,751) - - 72010 22,963 0.001969% 443,254 571,293 365,564 44,928 9,494 54,422 1,976 25,948 35,759 26,907 90,590 246 - 23,386 52 23,684 21,615 28,283 19,920 (2,912) - - 72011 13,295 0.001140% 256,632 330,764 211,652 26,012 5,416 31,428 1,144 15,023 20,704 12,693 49,564 142 - 13,540 6,013 19,695 12,434 13,718 5,841 (2,125) - - 72012 8,159 0.000700% 157,581 203,101 129,962 15,972 (2,094) 13,878 702 9,225 12,713 946 23,586 87 - 8,314 4,058 12,459 2,215 6,215 3,957 (1,259) - - 72101 1,331,706 0.114176% 25,702,854 33,127,448 21,197,870 2,605,228 64,739 2,669,967 114,583 1,504,626 2,073,578 643,904 4,336,691 14,246 - 1,356,075 186,912 1,557,233 767,626 1,286,271 911,394 (185,832) - - 72102 2,417,020 0.207227% 46,650,130 60,125,610 38,473,681 4,728,434 (108,322) 4,620,112 207,966 2,730,864 3,763,500 54,760 6,757,090 25,857 - 2,461,247 387,523 2,874,627 1,167,402 1,825,755 1,254,209 (364,903) - -

App I - 3

Page 26: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

72108 24,709 0.002118% 476,796 614,524 393,227 48,328 4,898 53,226 2,126 27,911 38,466 15,894 84,397 264 - 25,156 3,608 29,028 17,937 27,004 14,132 (3,706) - - 72109 10,770 0.000923% 207,782 267,803 171,364 21,061 9,800 30,861 926 12,163 16,763 56,090 85,942 115 - 10,963 16,056 27,134 15,482 20,196 23,403 (274) - - 72110 140,002 0.012003% 2,702,068 3,482,595 2,228,472 273,880 58,577 332,457 12,046 158,177 217,989 146,824 535,036 1,498 - 142,560 - 144,058 132,469 159,387 117,081 (17,959) - - 72111 7,637 0.000655% 147,451 190,044 121,607 14,946 (2,552) 12,394 657 8,632 11,896 7,904 29,089 82 - 7,779 9,234 17,095 1,480 8,103 3,623 (1,212) - - 72112 259,525 0.022251% 5,009,058 6,455,988 4,131,112 507,716 16,181 523,897 22,330 293,227 404,106 43,184 762,847 2,776 - 264,276 20,142 287,194 153,162 223,752 137,918 (39,178) - - 72113 12,274 0.001052% 236,822 305,231 195,314 24,004 15,839 39,843 1,056 13,863 19,106 21,948 55,973 131 - 12,495 - 12,626 22,315 14,945 7,851 (1,763) - - 72114 27,551 0.002362% 531,724 685,319 438,528 53,895 (13,261) 40,634 2,370 31,127 42,897 13,312 89,706 295 - 28,054 57,868 86,217 1,280 (328) 7,073 (4,537) - - 72115 764,566 0.065551% 14,756,584 19,019,210 12,170,172 1,495,720 83,627 1,579,347 65,785 863,840 1,190,488 382,540 2,502,653 8,179 - 778,553 54,208 840,940 487,170 746,797 533,589 (105,843) - - 72116 100,373 0.008606% 1,937,349 2,496,977 1,597,786 196,369 (94,140) 102,229 8,637 113,411 156,296 - 278,344 1,074 - 102,214 187,453 290,741 (41,160) 28,301 18,050 (17,588) - - 72117 17,256 0.001479% 332,947 429,123 274,591 33,747 (135,987) (102,240) 1,484 19,490 26,860 30,950 78,784 185 - 17,566 202,899 220,650 (126,882) (28,678) 15,531 (1,838) - - 72119 257,536 0.022080% 4,970,563 6,406,373 4,099,364 503,814 199,209 703,023 22,159 290,973 401,000 1,162,414 1,876,546 2,755 - 262,245 355,011 620,011 335,137 430,442 501,745 (10,789) - - 72120 4,648 0.000398% 89,596 115,477 73,893 9,081 18,921 28,002 399 5,245 7,228 58,145 71,017 50 - 4,727 - 4,777 21,371 22,711 21,469 688 - - 72122 59,783 0.005126% 1,153,945 1,487,277 951,691 116,963 26,701 143,664 5,144 67,551 93,095 77,679 243,469 640 - 60,882 9,091 70,613 58,258 67,819 54,105 (7,326) - - 72123 39,838 0.003416% 768,997 991,131 634,213 77,945 (227,854) (149,909) 3,428 45,016 62,039 - 110,483 426 - 40,572 519,945 560,943 (206,825) (160,861) (70,956) (11,818) - - 72124 273,680 0.023464% 5,282,124 6,807,932 4,356,317 535,393 35,431 570,824 23,548 309,212 426,135 107,004 865,899 2,928 - 278,683 87,951 369,562 179,879 233,824 125,532 (42,898) - - 72125 14,012 0.001201% 270,364 348,463 222,977 27,404 19,131 46,535 1,205 15,827 21,812 68,940 107,784 150 - 14,264 36,027 50,441 26,525 12,101 19,780 (1,062) - - 72126 1,589 0.000136% 30,616 39,460 25,250 3,103 (113) 2,990 136 1,792 2,470 916 5,314 17 - 1,615 1,905 3,537 724 524 767 (237) - - 72127 51,193 0.004389% 988,034 1,273,441 814,860 100,147 (74,130) 26,017 4,405 57,839 79,710 103,921 245,875 548 - 52,128 402,739 455,415 (47,111) (46,856) (98,374) (17,199) - - 72201 499,402 0.042817% 9,638,795 12,423,083 7,949,387 976,983 22,778 999,761 42,970 564,248 777,610 270,802 1,655,630 5,342 - 508,540 108,671 622,553 286,367 456,513 358,232 (68,036) - - 72202 1,507,013 0.129206% 29,086,349 37,488,308 23,988,334 2,948,178 399,327 3,347,505 129,667 1,702,694 2,346,541 733,165 4,912,067 16,122 - 1,534,587 - 1,550,709 1,194,741 1,432,653 950,095 (216,131) - - 72203 23,266 0.001995% 449,107 578,837 370,391 45,521 (19,390) 26,131 2,002 26,290 36,232 2,444 66,968 249 - 23,695 25,003 48,947 (7,108) 15,159 13,383 (3,413) - - 72204 426,830 0.036595% 8,238,123 10,617,809 6,794,213 835,012 43,106 878,118 36,726 482,254 664,611 116,888 1,300,479 4,566 - 434,641 152,066 591,273 268,391 307,646 199,165 (65,995) - - 72205 255,897 0.021940% 4,939,047 6,365,753 4,073,372 500,619 70,723 571,342 22,018 289,128 398,458 190,681 900,285 2,738 - 260,583 - 263,321 205,789 277,084 188,898 (34,807) - - 72206 1,205 0.000103% 23,187 29,885 19,123 2,350 (383) 1,967 103 1,357 1,871 254 3,585 13 - 1,223 1,546 2,782 251 415 337 (200) - - 72207 43,578 0.003736% 841,034 1,083,977 693,624 85,247 (12,221) 73,026 3,749 49,233 67,850 47,761 168,593 466 - 44,373 90,650 135,489 10,778 3,067 25,294 (6,036) - - 72210 249,641 0.021403% 4,818,160 6,209,946 3,973,672 488,366 70,554 558,920 21,479 282,052 388,705 190,547 882,783 2,671 - 254,205 253,142 510,018 202,314 137,519 74,433 (41,500) - - 72301 1,486,917 0.127483% 28,698,474 36,988,390 23,668,442 2,908,863 (183,712) 2,725,151 127,938 1,679,988 2,315,250 - 4,123,176 15,907 - 1,514,123 354,566 1,884,596 601,095 1,061,157 798,126 (221,798) - - 72302 3,104,796 0.266194% 59,924,550 77,234,514 49,421,470 6,073,922 (159,907) 5,914,015 267,144 3,507,939 4,834,414 - 8,609,497 33,214 - 3,161,601 342,092 3,536,907 1,478,828 2,429,423 1,632,323 (467,985) - - 72303 898,854 0.077065% 17,348,571 22,359,925 14,307,857 1,758,442 174,921 1,933,363 77,340 1,015,573 1,399,596 627,922 3,120,431 9,616 - 915,305 133,296 1,058,217 649,346 1,004,540 541,181 (132,854) - - 72304 830,264 0.071184% 16,024,663 20,653,590 13,215,993 1,624,252 (80,482) 1,543,770 71,438 938,072 1,292,790 17,997 2,320,297 8,882 - 845,456 227,499 1,081,837 357,739 584,473 421,922 (125,675) - - 72305 7,616,670 0.653026% 147,006,655 189,471,384 121,240,542 14,900,520 (114,988) 14,785,532 655,355 8,605,662 11,859,763 61,643 21,182,423 81,481 - 7,756,027 492,860 8,330,368 3,905,150 6,059,455 4,033,713 (1,146,262) - - 72306 1,422,645 0.121972% 27,457,859 35,389,408 22,645,272 2,783,115 (209,587) 2,573,528 122,407 1,607,363 2,215,163 149,976 4,094,909 15,219 - 1,448,668 611,051 2,074,938 541,293 1,061,782 639,918 (223,022) - - 72307 160,990 0.013803% 3,107,277 4,004,854 2,562,659 314,952 (1,453,543) (1,138,591) 13,852 181,898 250,680 72,126 518,556 1,722 - 163,939 4,581,436 4,747,097 (1,368,569) (1,328,116) (1,399,016) (132,840) - - 72309 521,930 0.044748% 10,073,494 12,983,351 8,307,896 1,021,044 224,512 1,245,556 44,908 589,695 812,679 465,996 1,913,278 5,583 - 531,475 - 537,058 499,988 635,754 317,705 (77,227) - - 72314 622,189 0.053344% 12,008,592 15,477,426 9,903,825 1,217,185 564,288 1,781,473 53,534 702,974 968,793 1,624,970 3,350,271 6,656 - 633,570 - 640,226 892,683 1,046,951 828,120 (57,708) - - 72316 59,896 0.005135% 1,155,971 1,489,888 953,362 117,169 (2,207) 114,962 5,153 67,670 93,258 8,806 174,887 641 - 60,989 26,685 88,315 29,405 42,391 24,341 (9,565) - - 72319 454,382 0.038957% 8,769,847 11,303,128 7,232,741 888,907 (236,617) 652,290 39,096 513,380 707,507 67,674 1,327,657 4,861 - 462,695 653,365 1,120,921 3,209 209,709 74,605 (80,787) - - 72321 1,684,843 0.144452% 32,518,468 41,911,839 26,818,900 3,296,055 725,922 4,021,977 144,967 1,903,607 2,623,428 1,925,716 6,597,718 18,024 - 1,715,665 - 1,733,689 1,615,193 2,079,858 1,388,610 (219,632) - - 72322 196,090 0.016812% 3,784,652 4,877,896 3,121,309 383,610 34,901 418,511 16,872 221,551 305,327 120,820 664,570 2,098 - 199,677 83,884 285,659 138,398 185,524 86,221 (31,232) - - 72323 383,395 0.032871% 7,399,791 9,537,314 6,102,817 750,039 (96,640) 653,399 32,988 433,178 596,978 64,545 1,127,689 4,101 - 390,411 211,614 606,126 105,719 249,161 222,321 (55,638) - - 72324 23,719 0.002034% 457,886 590,152 377,632 46,411 (31,962) 14,449 2,041 26,804 36,940 4,168 69,953 254 - 24,158 103,600 128,012 (19,440) (12,298) (20,331) (5,990) - - 72327 686,185 0.058831% 13,243,804 17,069,444 10,922,540 1,342,385 268,924 1,611,309 59,041 775,283 1,068,444 1,335,883 3,238,651 7,341 - 698,739 1,453,355 2,159,435 631,098 623,760 (38,795) (136,847) - - 72328 4,078 0.000350% 78,791 101,550 64,981 7,986 6,918 14,904 351 4,612 6,356 20,858 32,177 44 - 4,157 1,170 5,371 9,073 11,092 6,939 (298) - - 72329 33,646 0.002885% 649,460 837,065 535,628 65,829 (11,250) 54,579 2,895 38,019 52,395 13,028 106,337 360 - 34,265 53,153 87,778 6,511 16,372 1,953 (6,277) - - 72330 35,008 0.003001% 675,573 870,721 557,164 68,476 (20,697) 47,779 3,012 39,548 54,502 6,644 103,706 374 - 35,643 54,825 90,842 (2,222) 15,950 5,389 (6,254) - - 72331 125,638 0.010772% 2,424,950 3,125,428 1,999,925 245,792 (121,049) 124,743 10,810 141,955 195,633 8,418 356,816 1,344 - 127,940 332,749 462,033 (54,735) (24,514) (2,556) (23,411) - - 72332 244,808 0.020989% 4,724,961 6,089,826 3,896,809 478,920 (7,381) 471,539 21,064 276,596 381,186 43,745 722,591 2,619 - 249,288 117,567 369,474 121,831 173,536 97,049 (39,299) - - 72333 57,588 0.004937% 1,111,398 1,432,439 916,601 112,651 7,324 119,975 4,955 65,060 89,662 46,012 205,689 616 - 58,637 51,371 110,624 37,717 50,073 17,083 (9,807) - - 72334 251,566 0.021568% 4,855,304 6,257,819 4,004,306 492,131 45,401 537,532 21,645 284,226 391,702 89,364 786,937 2,691 - 256,164 68,828 327,683 178,177 186,609 132,164 (37,697) - - 72335 127,213 0.010907% 2,455,341 3,164,597 2,024,989 248,872 (7,044) 241,828 10,946 143,734 198,085 7,201 359,966 1,361 - 129,543 32,428 163,332 60,101 91,651 64,190 (19,308) - - 72338 17,797 0.001526% 343,527 442,759 283,317 34,820 (72,661) (37,841) 1,531 20,110 27,714 - 49,355 190 - 18,124 148,370 166,684 (63,267) (44,366) (6,258) (3,438) - - 72339 99,649 0.008544% 1,923,392 2,478,988 1,586,276 194,954 1,570 196,524 8,574 112,594 155,170 436,808 713,146 1,066 - 101,478 444,407 546,951 54,168 164,008 (29,245) (22,735) - - 72340 53,648 0.004600% 1,035,534 1,334,661 854,034 104,961 13,338 118,299 4,616 60,619 83,542 46,792 195,569 574 - 54,634 37,965 93,173 41,656 35,539 32,803 (7,603) - - 72342 253,401 0.021726% 4,890,872 6,303,662 4,033,640 495,736 (29,256) 466,480 21,803 286,308 394,571 38,117 740,799 2,711 - 258,041 136,962 397,714 104,493 181,273 98,241 (40,921) - - 72343 7,196 0.000617% 138,897 179,019 114,552 14,078 8,194 22,272 619 8,131 11,205 21,695 41,650 77 - 7,328 1,373 8,778 11,992 15,056 6,757 (932) - - 72346 78,889 0.006764% 1,522,685 1,962,532 1,255,801 154,339 16,449 170,788 6,788 89,137 122,843 71,371 290,139 844 - 80,336 120,518 201,698 58,089 40,098 4,881 (14,626) - - 72347 - 0.000000% - - - - (232,057) (232,057) - - - - - - - - 270,114 270,114 (232,057) (38,057) - - - - 72348 75,834 0.006502% 1,463,705 1,886,514 1,207,159 148,360 (1,513) 146,847 6,525 85,684 118,084 31,297 241,590 811 - 77,225 71,276 149,312 38,514 47,601 19,165 (13,002) - - 72349 47,888 0.004106% 924,327 1,191,330 762,318 93,689 (12,607) 81,082 4,121 54,109 74,570 14,674 147,474 512 - 48,767 69,039 118,318 12,670 21,060 4,207 (8,781) - - 72350 22,083 0.001893% 426,145 549,242 351,454 43,194 5,634 48,828 1,900 24,946 34,379 10,261 71,486 236 - 22,483 - 22,719 17,288 20,853 13,802 (3,176) - - 72351 119,080 0.010210% 2,298,435 2,962,367 1,895,584 232,968 (20,508) 212,460 10,246 134,549 185,426 - 330,221 1,274 - 121,265 38,218 160,757 42,346 86,075 59,218 (18,176) - - 72352 7,679 0.000658% 148,126 190,915 122,164 15,014 (12,456) 2,558 660 8,671 11,950 9,198 30,479 82 - 7,815 56,913 64,810 (8,405) (12,796) (10,929) (2,200) - - 72353 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 72401 1,056,765 0.090603% 20,396,192 26,287,890 16,821,316 2,067,348 76,416 2,143,764 90,926 1,193,978 1,645,463 334,972 3,265,339 11,305 - 1,076,097 300,034 1,387,436 634,183 909,960 498,468 (164,708) - - 72402 569,821 0.048854% 10,997,821 14,174,681 9,070,214 1,114,734 (14,118) 1,100,616 49,028 643,804 887,249 42,481 1,622,562 6,096 - 580,242 48,099 634,437 286,635 460,798 324,653 (83,961) - - 72403 1,381,709 0.118463% 26,667,926 34,371,294 21,993,793 2,703,048 173,875 2,876,923 118,886 1,561,121 2,151,435 464,419 4,295,861 14,781 - 1,406,992 - 1,421,773 903,153 1,287,169 881,154 (197,388) - - 72404 96,017 0.008232% 1,853,156 2,388,463 1,528,350 187,835 (30,527) 157,308 8,261 108,482 149,503 8,406 274,652 1,027 - 97,772 99,247 198,046 20,151 50,831 22,203 (16,579) - - 72407 422,206 0.036198% 8,148,752 10,502,622 6,720,506 825,953 (101,809) 724,144 36,327 477,022 657,401 38,758 1,209,508 4,517 - 429,926 214,125 648,568 121,032 310,790 194,918 (65,799) - - 72408 85,662 0.007344% 1,653,253 2,130,815 1,363,484 167,573 (42,128) 125,445 7,370 96,780 133,376 5,554 243,080 916 - 87,225 98,918 187,059 3,083 44,715 22,787 (14,564) - - 72409 933,662 0.080049% 18,020,317 23,225,714 14,861,865 1,826,530 (138,023) 1,688,507 80,335 1,054,896 1,453,789 173,097 2,762,117 9,988 - 950,747 597,255 1,557,990 354,772 658,556 343,079 (152,280) - - 72411 10,173 0.000872% 196,301 253,005 161,895 19,897 (32,029) (12,132) 875 11,491 15,837 - 28,203 109 - 10,357 92,226 102,692 (26,661) (21,900) (22,387) (3,541) - - 72412 28,855 0.002474% 556,937 717,816 459,322 56,451 5,800 62,251 2,483 32,603 44,931 21,808 101,825 309 - 29,384 3,831 33,524 21,030 28,668 22,410 (3,808) - - 72413 157,057 0.013466% 3,031,413 3,907,075 2,500,092 307,263 (184,743) 122,520 13,514 177,457 244,559 - 435,530 1,680 - 159,936 399,724 561,340 (101,844) (11,669) 15,691 (27,987) - - 72415 17,626 0.001511% 340,150 438,407 280,532 34,477 (20,041) 14,436 1,516 19,912 27,442 2,742 51,612 189 - 17,946 65,326 83,461 (10,739) (7,621) (9,493) (3,996) - - 72416 951,187 0.081551% 18,358,442 23,661,509 15,140,726 1,860,802 30,976 1,891,778 81,842 1,074,690 1,481,067 686,545 3,324,144 10,175 - 968,586 516,172 1,494,933 533,018 738,272 685,742 (127,821) - - 72417 434 0.000037% 8,329 10,735 6,869 844 (18,817) (17,973) 37 488 672 - 1,197 5 - 439 45,304 45,748 (18,589) (18,210) (7,248) (505) - - 72501 503,491 0.043168% 9,717,811 12,524,924 8,014,553 984,992 (119,069) 865,923 43,322 568,874 783,984 111,587 1,507,767 5,386 - 512,709 322,739 840,834 146,680 381,885 218,141 (79,774) - - 72502 17,778 0.001524% 343,077 442,179 282,945 34,774 6,260 41,034 1,529 20,083 27,678 20,471 69,761 190 - 18,101 16,828 35,119 15,642 16,942 5,110 (3,052) - - 72504 5,576 0.000478% 107,605 138,689 88,745 10,907 3,137 14,044 480 6,299 8,681 11,113 26,573 60 - 5,677 2,288 8,025 6,080 9,332 3,944 (808) - - 72506 110,942 0.009512% 2,141,304 2,759,847 1,765,994 217,042 35,339 252,381 9,546 125,350 172,750 116,933 424,579 1,187 - 112,975 60,787 174,949 93,896 126,111 47,605 (17,982) - - 72507 172,392 0.014780% 3,327,216 4,288,324 2,744,049 337,245 (124,447) 212,798 14,833 194,773 268,423 37,127 515,156 1,844 - 175,543 264,352 441,739 (33,459) 37,854 93,846 (24,824) - - 72509 57,331 0.004915% 1,106,446 1,426,056 912,517 112,149 17,288 129,437 4,933 64,771 89,263 74,175 233,142 613 - 58,376 15,965 74,954 47,546 75,559 42,976 (7,893) - - 72510 12,779 0.001096% 246,727 317,998 203,483 25,008 7,454 32,462 1,100 14,443 19,905 96,242 131,690 137 - 13,017 42,893 56,047 14,201 48,697 14,460 (1,716) - - 72512 46,142 0.003956% 890,559 1,147,809 734,469 90,267 35,758 126,025 3,970 52,133 71,846 78,055 206,004 494 - 46,986 - 47,480 60,112 67,959 36,676 (6,223) - - 72513 71,207 0.006105% 1,374,334 1,771,327 1,133,452 139,302 (51,909) 87,393 6,127 80,452 110,874 21,860 219,313 762 - 72,509 132,239 205,510 (14,326) 32,076 8,957 (12,904) - - 72601 5,833,494 0.500143% 112,590,233 145,113,344 92,856,347 11,412,089 70,819 11,482,908 501,927 6,590,950 9,083,218 1,743,196 17,919,291 62,405 - 5,940,227 2,492,516 8,495,148 3,149,783 4,725,675 2,477,768 (929,083) - - 72602 639,739 0.054849% 12,347,392 15,914,092 10,183,243 1,251,525 283,549 1,535,074 55,045 722,807 996,126 608,773 2,382,751 6,844 - 651,445 - 658,289 621,209 704,669 484,521 (85,936) - - 72604 2,622,597 0.224852% 50,617,801 65,239,393 41,745,931 5,130,595 110,670 5,241,265 225,654 2,963,129 4,083,592 574,786 7,847,161 28,056 - 2,670,580 200,965 2,899,601 1,494,897 2,380,533 1,463,724 (391,593) - - 72605 235,504 0.020191% 4,545,319 5,858,292 3,748,653 460,711 22,770 483,481 20,263 266,080 366,694 48,017 701,054 2,519 - 239,810 18,083 260,412 147,069 193,932 134,315 (34,674) - - 72606 100,947 0.008655% 1,948,380 2,511,194 1,606,884 197,487 39,284 236,771 8,686 114,057 157,186 93,008 372,937 1,080 - 102,796 96,737 200,613 92,566 71,890 25,220 (17,351) - - 72608 1,883,387 0.161475% 36,350,619 46,850,955 29,979,383 3,684,480 146,705 3,831,185 162,051 2,127,939 2,932,587 808,097 6,030,674 20,148 - 1,917,848 739,525 2,677,521 1,140,772 1,674,275 836,518 (298,412) - - 72609 51,913 0.004451% 1,001,992 1,291,430 826,371 101,561 17,748 119,309 4,467 58,656 80,836 43,814 187,773 555 - 52,865 42,162 95,582 45,149 40,137 15,647 (8,743) - - 72611 272,422 0.023357% 5,258,036 6,776,887 4,336,451 532,952 429,500 962,452 23,440 307,802 424,192 796,730 1,552,164 2,914 - 277,412 - 280,326 573,290 462,436 268,825 (32,713) - - 72612 12,680 0.001087% 244,701 315,386 201,812 24,803 1,932 26,735 1,091 14,325 19,741 3,921 39,078 136 - 12,910 - 13,046 8,624 11,663 7,595 (1,849) - - 72613 5,720 0.000490% 110,307 142,170 90,973 11,181 1,547 12,728 492 6,457 8,899 43,893 59,741 61 - 5,820 61,222 67,103 4,564 4,863 (14,483) (2,307) - - 72614 16,556 0.001419% 319,440 411,714 263,451 32,378 (25,001) 7,377 1,424 18,700 25,771 14,940 60,835 177 - 16,854 111,735 128,766 (16,265) (22,218) (24,564) (4,884) - - 72615 520,848 0.044656% 10,052,784 12,956,657 8,290,815 1,018,945 (72,062) 946,883 44,815 588,483 811,008 376,515 1,820,821 5,572 - 530,382 962,732 1,498,686 202,848 82,776 123,775 (87,265) - - 72616 453,264 0.038861% 8,748,236 11,275,275 7,214,917 886,717 (172,873) 713,844 39,000 512,115 705,764 121,521 1,378,400 4,849 - 461,554 539,354 1,005,757 66,362 270,929 113,315 (77,963) - - 72617 488,494 0.041882% 9,428,312 12,151,799 7,775,795 955,649 128,739 1,084,388 42,031 551,926 760,629 537,015 1,891,601 5,226 - 497,435 61,036 563,697 386,572 559,480 441,940 (60,088) - - 72619 107,456 0.009213% 2,073,994 2,673,094 1,710,482 210,219 (37,096) 173,123 9,246 121,410 167,320 13,999 311,975 1,150 - 109,423 70,168 180,741 19,621 66,416 60,888 (15,691) - - 72620 41,063 0.003521% 792,634 1,021,596 653,707 80,341 (15,953) 64,388 3,534 46,400 63,946 - 113,880 439 - 41,819 23,040 65,298 5,723 27,326 21,685 (6,152) - - 72621 53,154 0.004557% 1,025,854 1,322,185 846,051 103,980 17,017 120,997 4,573 60,053 82,761 70,939 218,326 569 - 54,124 8,542 63,235 45,071 66,548 49,919 (6,447) - - 72622 275,137 0.023589% 5,310,263 6,844,200 4,379,524 538,246 104,376 642,622 23,673 310,859 428,406 574,600 1,337,538 2,943 - 280,168 149,438 432,549 249,594 436,341 253,819 (34,765) - - 72701 454,916 0.039003% 8,780,203 11,316,475 7,241,281 889,957 (184,428) 705,529 39,142 513,987 708,343 16,714 1,278,186 4,867 - 463,241 498,665 966,773 55,681 174,991 154,530 (73,789) - - 72702 97,551 0.008364% 1,882,871 2,426,762 1,552,857 190,847 (46,722) 144,125 8,394 110,222 151,901 36,129 306,646 1,044 - 99,340 177,190 277,574 4,768 41,185 1,601 (18,483) - - 72704 231,382 0.019838% 4,465,853 5,755,871 3,683,115 452,657 112,428 565,085 19,909 261,428 360,283 280,981 922,601 2,475 - 235,617 - 238,092 234,554 291,652 188,676 (30,374) - - 72705 182,912 0.015682% 3,530,270 4,550,034 2,911,514 357,826 90,167 447,993 15,738 206,659 284,805 511,503 1,018,705 1,957 - 186,256 108,948 297,161 186,708 285,580 264,380 (15,124) - - 72801 546,904 0.046890% 10,555,693 13,604,838 8,705,578 1,069,920 95,709 1,165,629 47,057 617,923 851,581 268,582 1,785,143 5,851 - 556,915 16,961 579,727 384,372 520,271 376,672 (75,899) - - 72802 1,246,715 0.106889% 24,062,433 31,013,171 19,844,968 2,438,956 1,041,886 3,480,842 107,270 1,408,597 1,941,237 2,277,253 5,734,357 13,337 - 1,269,527 - 1,282,864 1,699,913 1,968,357 955,650 (172,427) - - 72803 120,589 0.010339% 2,327,475 2,999,796 1,919,535 235,912 (18,676) 217,236 10,376 136,249 187,769 20,399 354,793 1,290 - 122,797 93,700 217,787 44,973 75,740 36,501 (20,209) - -

App I - 4

Page 27: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

72806 7,855 0.000673% 151,503 195,267 124,949 15,356 15,578 30,934 675 8,869 12,223 22,985 44,752 84 - 7,993 4,100 12,177 19,721 10,746 3,376 (1,267) - - 72807 5,564 0.000477% 107,380 138,399 88,560 10,884 5,157 16,041 479 6,286 8,663 11,379 26,807 60 - 5,665 - 5,725 8,093 7,874 5,749 (634) - - 72808 153,341 0.013147% 2,959,601 3,814,519 2,440,867 299,984 24,619 324,603 13,194 173,253 238,766 34,615 459,828 1,640 - 156,148 3,753 161,541 105,554 132,199 83,489 (22,954) - - 72809 108,397 0.009294% 2,092,229 2,696,596 1,725,520 212,067 (41,455) 170,612 9,327 122,478 168,791 19,072 319,668 1,160 - 110,385 68,385 179,930 15,760 85,021 55,488 (16,532) - - 72810 16,543 0.001418% 319,215 411,424 263,265 32,355 8,623 40,978 1,423 18,687 25,753 12,874 58,737 177 - 16,842 - 17,019 17,352 16,178 10,548 (2,359) - - 72901 1,540,352 0.132064% 29,729,730 38,317,538 24,518,949 3,013,390 886,896 3,900,286 132,535 1,740,357 2,398,446 1,723,164 5,994,502 16,478 - 1,568,532 235,942 1,820,952 1,699,904 1,867,059 841,884 (235,297) - - 72902 472,595 0.040519% 9,121,479 11,756,333 7,522,741 924,548 (148,857) 775,691 40,664 533,965 735,875 9,344 1,319,848 5,056 - 481,246 421,565 907,867 100,585 230,291 158,411 (77,307) - - 72903 - 0.000000% - - - - (303,011) (303,011) - - - - - - - - 629,610 629,610 (303,011) (292,858) (33,741) - - - 72904 6,382 0.000547% 123,138 158,709 101,556 12,481 5,040 17,521 549 7,208 9,934 14,270 31,961 68 - 6,497 768 7,333 8,407 9,227 7,640 (646) - - 72905 494,563 0.042402% 9,545,372 12,302,673 7,872,338 967,514 146,758 1,114,272 42,553 558,779 770,073 312,474 1,683,879 5,291 - 503,611 137,837 646,739 407,792 468,900 237,469 (77,022) - - 72907 378,807 0.032478% 7,311,320 9,423,287 6,029,852 741,072 100,772 841,844 32,594 427,999 589,841 366,445 1,416,879 4,052 - 385,743 62,576 452,371 300,712 395,123 316,949 (48,276) - - 72908 56,627 0.004855% 1,092,939 1,408,648 901,377 110,780 (55,034) 55,746 4,872 63,980 88,173 45,693 202,718 606 - 57,663 169,122 227,391 (25,146) 20,259 (8,285) (11,500) - - 72909 43,479 0.003728% 839,233 1,081,656 692,139 85,064 (10,782) 74,282 3,741 49,128 67,705 3,589 124,163 465 - 44,278 29,000 73,743 12,168 28,812 16,478 (7,038) - - 72910 191,943 0.016457% 3,704,735 4,774,895 3,055,400 375,510 6,677 382,187 16,516 216,872 298,880 57,397 589,665 2,053 - 195,461 64,744 262,258 107,989 162,243 87,336 (30,161) - - 72911 91,684 0.007861% 1,769,638 2,280,820 1,459,470 179,370 98,600 277,970 7,889 103,593 142,766 808,167 1,062,415 981 - 93,366 246,127 340,474 146,994 350,231 226,787 (2,071) - - 72912 39,891 0.003420% 769,897 992,291 634,956 78,036 (14,109) 63,927 3,432 45,069 62,111 2,942 113,554 427 - 40,620 45,552 86,599 6,945 16,346 10,403 (6,738) - - 72913 3,577 0.000307% 69,111 89,074 56,997 7,005 1,021 8,026 308 4,046 5,576 2,752 12,682 38 - 3,646 - 3,684 2,911 3,908 2,664 (485) - - 73001 349,875 0.029997% 6,752,807 8,703,441 5,569,231 684,461 83,453 767,914 30,104 395,304 544,783 217,832 1,188,023 3,743 - 356,276 - 360,019 268,120 355,341 252,373 (47,831) - - 73002 878,868 0.075351% 16,962,722 21,862,618 13,989,636 1,719,333 (279,705) 1,439,628 75,620 992,985 1,368,468 - 2,437,073 9,402 - 894,948 548,448 1,452,798 184,168 526,665 408,899 (135,457) - - 73003 443,085 0.037989% 8,551,935 11,022,269 7,053,022 866,820 (80,177) 786,643 38,125 500,624 689,927 - 1,228,676 4,740 - 451,198 160,856 616,794 153,690 299,220 225,905 (66,933) - - 73004 46,931 0.004024% 905,867 1,167,538 747,094 91,818 (9,337) 82,481 4,038 53,029 73,081 73,824 203,972 502 - 47,793 41,780 90,075 15,435 58,990 45,124 (5,653) - - 73005 18,647 0.001599% 359,961 463,940 296,870 36,485 34,542 71,027 1,605 21,072 29,040 79,273 130,990 200 - 18,991 103 19,294 44,386 49,843 19,792 (2,324) - - 73006 668,656 0.057328% 12,905,455 16,633,358 10,643,493 1,308,090 (28,669) 1,279,421 57,532 755,476 1,041,148 255,921 2,110,077 7,153 - 680,888 217,078 905,119 324,252 534,654 439,680 (93,629) - - 73010 198,745 0.017040% 3,835,978 4,944,049 3,163,639 388,813 54,494 443,307 17,101 224,555 309,468 152,624 703,748 2,126 - 202,385 5,865 210,376 159,395 220,977 140,604 (27,604) - - 73101 443,027 0.037984% 8,550,809 11,020,819 7,052,094 866,706 28,343 895,049 38,119 500,558 689,837 119,465 1,347,979 4,739 - 451,138 17,380 473,257 262,179 402,545 273,934 (63,936) - - 73102 145,169 0.012446% 2,801,795 3,611,129 2,310,719 283,988 (52,499) 231,489 12,490 164,015 226,035 32,350 434,890 1,553 - 147,822 94,030 243,405 24,121 100,564 87,679 (20,879) - - 73105 323,867 0.027767% 6,250,798 8,056,420 5,155,210 633,578 47,435 681,013 27,866 365,917 504,283 180,981 1,079,047 3,465 - 329,790 145,452 478,707 218,373 294,693 139,023 (51,749) - - 73201 4,365,350 0.374270% 84,254,196 108,592,085 69,486,816 8,539,963 (308,145) 8,231,818 375,605 4,932,179 6,797,208 463,128 12,568,120 46,699 - 4,445,226 581,933 5,073,858 1,995,924 3,673,952 2,470,964 (646,578) - - 73202 681,824 0.058457% 13,159,611 16,960,931 10,853,103 1,333,851 226,081 1,559,932 58,666 770,354 1,061,652 528,850 2,419,522 7,294 - 694,297 - 701,591 585,952 737,517 488,354 (93,891) - - 73203 820,150 0.070317% 15,829,488 20,402,035 13,055,026 1,604,469 167,598 1,772,067 70,568 926,647 1,277,044 642,260 2,916,519 8,774 - 835,159 61,477 905,410 600,481 860,169 657,501 (107,041) - - 73204 38,167,357 3.272333% 736,654,785 949,446,825 607,540,018 74,666,956 16,374,052 91,041,008 3,284,006 43,123,232 59,429,631 36,516,462 142,353,331 408,303 - 38,865,687 - 39,273,990 36,519,084 44,736,565 27,129,335 (5,305,643) - - 73205 628,348 0.053872% 12,127,454 15,630,622 10,001,854 1,229,233 45,526 1,274,759 54,064 709,932 978,382 142,404 1,884,782 6,722 - 639,841 58,577 705,140 377,171 522,387 371,596 (91,511) - - 73206 155,172 0.013304% 2,994,944 3,860,072 2,470,015 303,566 38,406 341,972 13,351 175,322 241,617 91,526 521,816 1,660 - 158,012 - 159,672 120,308 164,307 99,817 (22,288) - - 73207 480,946 0.041235% 9,282,662 11,964,076 7,655,673 940,886 (484,479) 456,407 41,382 543,400 748,879 290,990 1,624,651 5,145 - 489,750 740,627 1,235,522 (230,629) 334,015 350,549 (64,805) - - 73208 401,890 0.034457% 7,756,825 9,997,482 6,397,273 786,228 84,985 871,213 34,580 454,079 625,782 184,530 1,298,971 4,299 - 409,248 - 413,547 297,108 411,868 235,909 (59,461) - - 73209 38,228 0.003278% 737,931 951,091 608,592 74,796 30,555 105,351 3,290 43,198 59,533 213,682 319,703 409 - 38,933 70,759 110,101 50,735 72,066 87,425 (624) - - 73212 8,741 0.000749% 168,612 217,318 139,059 17,090 (527) 16,563 752 9,870 13,603 690 24,915 93 - 8,896 3,225 12,214 4,084 6,241 3,756 (1,380) - - 73213 3,800 0.000326% 73,388 94,587 60,525 7,439 (2,968) 4,471 327 4,296 5,921 964 11,508 41 - 3,872 8,217 12,130 (961) (556) 1,476 (581) - - 73215 26,661 0.002286% 514,615 663,269 424,418 52,161 (7,582) 44,579 2,294 30,125 41,517 15,854 89,790 285 - 27,151 64,669 92,105 6,491 2,801 (6,122) (5,486) - - 73216 94,488 0.008101% 1,823,665 2,350,454 1,504,028 184,846 274,406 459,252 8,130 106,756 147,124 519,065 781,075 1,011 - 96,216 - 97,227 324,277 250,450 119,126 (10,005) - - 73217 88,468 0.007585% 1,707,505 2,200,740 1,408,228 173,072 13,248 186,320 7,612 99,956 137,753 101,604 346,925 946 - 90,087 139,670 230,703 59,943 65,631 7,158 (16,510) - - 73218 18,649 0.001599% 359,961 463,940 296,870 36,485 (6,099) 30,386 1,605 21,072 29,040 - 51,717 200 - 18,991 15,007 34,198 3,745 9,969 6,820 (3,014) - - 73219 29,156 0.002500% 562,790 725,359 464,149 57,044 (36,155) 20,889 2,509 32,945 45,403 - 80,857 312 - 29,693 62,722 92,727 (20,765) 5,722 8,040 (4,866) - - 73222 197,865 0.016964% 3,818,869 4,921,998 3,149,529 387,079 (74,931) 312,148 17,025 223,554 308,087 11,668 560,334 2,117 - 201,482 162,903 366,502 29,502 123,535 72,947 (32,153) - - 73223 9,977 0.000855% 192,474 248,073 158,739 19,509 6,384 25,893 858 11,267 15,528 10,905 38,558 107 - 10,155 8,049 18,311 11,648 7,373 2,906 (1,679) - - 73224 632,420 0.054221% 12,206,019 15,731,882 10,066,649 1,237,196 (167,212) 1,069,984 54,414 714,531 984,721 51,048 1,804,714 6,765 - 643,986 531,517 1,182,268 166,582 312,467 244,177 (100,780) - - 73225 1,237 0.000106% 23,862 30,755 19,680 2,419 (11,576) (9,157) 106 1,397 1,925 - 3,428 13 - 1,259 20,093 21,365 (10,923) (4,543) (2,098) (372) - - 73226 4,184 0.000359% 80,817 104,162 66,652 8,192 (335) 7,857 360 4,731 6,520 18,800 30,411 45 - 4,264 16,581 20,890 1,875 1,222 6,663 (240) - - 73227 5,393 0.000462% 104,004 134,046 85,775 10,542 (4,554) 5,988 464 6,088 8,390 - 14,942 58 - 5,487 11,095 16,640 (1,710) 285 681 (953) - - 73228 45,186 0.003874% 872,100 1,124,017 719,245 88,396 11,319 99,715 3,888 51,052 70,357 33,855 159,152 483 - 46,012 14,682 61,177 35,168 48,031 21,862 (7,086) - - 73301 464,367 0.039813% 8,962,547 11,551,491 7,391,665 908,439 32,176 940,615 39,955 524,661 723,054 136,950 1,424,620 4,968 - 472,861 155,904 633,733 277,272 377,515 209,048 (72,949) - - 73302 116,506 0.009989% 2,248,685 2,898,245 1,854,554 227,926 (43,549) 184,377 10,025 131,636 181,413 - 323,074 1,246 - 118,640 99,792 219,678 17,945 51,987 51,454 (17,991) - - 73303 87,837 0.007531% 1,695,349 2,185,072 1,398,202 171,840 (38,828) 133,012 7,558 99,245 136,772 - 243,575 940 - 89,446 83,939 174,325 7,534 38,518 36,921 (13,723) - - 73306 39,538 0.003390% 763,144 983,587 629,386 77,352 (16,563) 60,789 3,402 44,674 61,567 - 109,643 423 - 40,263 34,451 75,137 4,306 20,577 15,895 (6,271) - - 73308 108,873 0.009334% 2,101,234 2,708,201 1,732,947 212,980 24,023 237,003 9,367 123,005 169,517 164,339 466,228 1,165 - 110,860 38,991 151,016 81,485 140,914 105,795 (12,983) - - 73310 376,088 0.032244% 7,258,643 9,355,394 5,986,408 735,732 268,486 1,004,218 32,359 424,916 585,591 833,206 1,876,072 4,023 - 382,964 953,372 1,340,359 466,985 (22,876) 148,203 (56,600) - - 73311 4,881 0.000418% 94,099 121,280 77,606 9,538 (3,576) 5,962 419 5,508 7,591 1,041 14,559 52 - 4,965 11,998 17,015 (1,003) 625 (1,072) (1,007) - - 73312 74,944 0.006425% 1,446,371 1,864,173 1,192,863 146,603 10,753 157,356 6,448 84,669 116,686 34,616 242,419 802 - 76,310 20,717 97,829 50,306 69,828 36,123 (11,667) - - 73401 507,906 0.043546% 9,802,905 12,634,598 8,084,733 993,617 38,223 1,031,840 43,701 573,855 790,849 326,746 1,735,151 5,433 - 517,198 80,760 603,391 306,299 508,538 384,896 (67,974) - - 73402 362,154 0.031050% 6,989,854 9,008,962 5,764,730 708,488 (66,248) 642,240 31,161 409,181 563,907 7,225 1,011,474 3,874 - 368,783 195,038 567,695 124,901 224,250 151,814 (57,186) - - 73405 74,001 0.006345% 1,428,362 1,840,962 1,178,010 144,778 11,954 156,732 6,368 83,615 115,233 69,885 275,101 792 - 75,360 17,592 93,744 51,015 85,012 55,405 (10,074) - - 73406 7,046 0.000604% 135,970 175,247 112,138 13,782 (52,783) (39,001) 606 7,960 10,969 45,279 64,814 75 - 7,174 248,420 255,669 (49,065) (79,551) (57,038) (5,201) - - 73407 21,583 0.001850% 416,465 536,766 343,470 42,213 60,728 102,941 1,857 24,380 33,598 222,281 282,116 231 - 21,973 28,917 51,121 72,117 99,114 59,837 (73) - - 73408 27,156 0.002328% 524,070 675,455 432,216 53,119 3,211 56,330 2,336 30,679 42,279 8,788 84,082 290 - 27,650 13,151 41,091 17,543 19,069 10,730 (4,352) - - 73501 13,470 0.001155% 260,009 335,116 214,437 26,354 4,597 30,951 1,159 15,221 20,976 15,575 52,931 144 - 13,718 1,118 14,980 11,707 16,399 11,562 (1,717) - - 73502 282,313 0.024205% 5,448,935 7,022,928 4,493,890 552,301 (19,508) 532,793 24,291 318,977 439,593 78,215 861,076 3,020 - 287,484 98,055 388,559 129,502 244,049 142,299 (43,334) - - 73503 100,976 0.008657% 1,948,830 2,511,774 1,607,255 197,532 20,426 217,958 8,688 114,083 157,222 74,339 354,332 1,080 - 102,820 12,564 116,464 73,720 111,890 66,683 (14,426) - - 73504 46,215 0.003962% 891,910 1,149,549 735,583 90,404 (14,882) 75,522 3,976 52,212 71,955 14,923 143,066 494 - 47,057 37,556 85,107 9,509 35,920 19,881 (7,351) - - 73506 54 0.000005% 1,126 1,451 928 114 (755) (641) 5 66 91 - 162 1 - 59 2,193 2,253 (724) (670) (640) (58) - - 73507 17,260 0.001480% 333,172 429,413 274,776 33,770 (60,714) (26,944) 1,485 19,504 26,879 8,114 55,982 185 - 17,578 202,819 220,582 (51,603) (49,318) (56,287) (7,392) - - 73601 505,169 0.043311% 9,750,003 12,566,414 8,041,103 988,255 84,522 1,072,777 43,465 570,758 786,582 287,746 1,688,551 5,404 - 514,407 22,874 542,685 351,152 513,398 351,509 (70,193) - - 73602 551,420 0.047277% 10,642,813 13,717,124 8,777,429 1,078,750 157,052 1,235,802 47,446 623,022 858,609 299,762 1,828,839 5,899 - 561,512 - 567,411 448,097 541,719 350,629 (79,017) - - 73603 21,860 0.001874% 421,868 543,729 347,926 42,760 (1,002) 41,758 1,881 24,696 34,034 8,464 69,075 234 - 22,258 11,197 33,689 10,535 18,672 9,644 (3,466) - - 73604 244,139 0.020932% 4,712,130 6,073,288 3,886,227 477,619 (99,984) 377,635 21,007 275,845 380,151 - 677,003 2,612 - 248,611 221,324 472,547 28,877 124,411 90,494 (39,327) - - 73606 54,704 0.004690% 1,055,794 1,360,774 870,743 107,015 (34,381) 72,634 4,707 61,805 85,176 - 151,688 585 - 55,703 91,796 148,084 (5,509) 13,717 5,303 (9,908) - - 73607 31,270 0.002681% 603,536 777,875 497,753 61,174 (38,309) 22,865 2,691 35,331 48,690 19,177 105,889 335 - 31,842 159,448 191,625 (21,804) (21,168) (34,314) (8,451) - - 73608 1,289 0.000111% 24,988 32,206 20,608 2,533 (213) 2,320 111 1,463 2,016 286 3,876 14 - 1,318 357 1,689 470 1,100 804 (186) - - 73609 10,887 0.000933% 210,033 270,704 173,220 21,289 (5,139) 16,150 936 12,295 16,944 11,507 41,682 116 - 11,081 24,878 36,075 605 (121) 6,600 (1,478) - - 73610 26,971 0.002312% 520,468 670,812 429,245 52,754 (5,132) 47,622 2,320 30,468 41,989 18,077 92,854 288 - 27,460 15,615 43,363 9,101 23,639 20,342 (3,592) - - 73611 98,958 0.008484% 1,909,885 2,461,579 1,575,136 193,585 (36,207) 157,378 8,514 111,803 154,080 40,515 314,912 1,059 - 100,765 137,410 239,234 16,022 58,902 18,301 (17,547) - - 73612 553 0.000047% 10,580 13,637 8,726 1,072 (271) 801 47 619 854 - 1,520 6 - 558 581 1,145 18 250 196 (89) - - 73613 345,509 0.029623% 6,668,614 8,594,927 5,499,794 675,927 68,822 744,749 29,729 390,376 537,990 123,409 1,081,504 3,696 - 351,834 - 355,530 251,186 315,979 208,991 (50,182) - - 73614 100,964 0.008656% 1,948,605 2,511,484 1,607,069 197,510 274,225 471,735 8,687 114,070 157,204 769,658 1,049,619 1,080 - 102,808 - 103,888 327,513 347,934 270,133 151 - - 73701 - 0.000000% - - - - (415,526) (415,526) - - - - - - - - 830,071 830,071 (415,526) (372,337) (42,208) - - - 73702 1,426,513 0.122304% 27,532,597 35,485,736 22,706,911 2,790,690 (366,406) 2,424,284 122,740 1,611,738 2,221,193 - 3,955,671 15,260 - 1,452,612 705,313 2,173,185 386,518 975,176 643,535 (222,743) - - 73703 740,484 0.063486% 14,291,720 18,420,063 11,786,785 1,448,601 75,400 1,524,001 63,712 836,627 1,152,985 510,550 2,563,874 7,921 - 754,027 125,760 887,708 466,230 770,294 540,723 (101,081) - - 73707 183,995 0.015775% 3,551,206 4,577,017 2,928,780 359,948 (55,366) 304,582 15,831 207,885 286,494 41,589 551,799 1,968 - 187,361 209,581 398,910 41,748 104,036 39,218 (32,112) - - 73708 116,049 0.009950% 2,239,905 2,886,930 1,847,313 227,036 357,531 584,567 9,985 131,122 180,704 813,262 1,135,073 1,242 - 118,177 157,833 277,252 418,785 406,661 53,433 (21,057) - - 73709 87,004 0.007459% 1,679,141 2,164,182 1,384,835 170,197 (8,128) 162,069 7,486 98,296 135,465 25,494 266,741 931 - 88,591 19,679 109,201 37,791 77,036 55,157 (12,444) - - 73710 9,623 0.000825% 185,721 239,369 153,169 18,825 (1,044) 17,781 828 10,872 14,983 6,558 33,241 103 - 9,799 16,233 26,135 4,035 4,695 197 (1,821) - - 73711 122,085 0.010467% 2,356,290 3,036,934 1,943,299 238,832 3,008 241,840 10,504 137,935 190,094 35,588 374,121 1,306 - 124,317 64,334 189,957 67,445 89,445 47,007 (19,733) - - 73712 475,154 0.040738% 9,170,779 11,819,874 7,563,401 929,546 244,628 1,174,174 40,883 536,851 739,853 603,692 1,921,279 5,083 - 483,848 - 488,931 495,418 596,399 401,678 (61,147) - - 73801 508,598 0.043605% 9,816,187 12,651,716 8,095,687 994,964 (41,462) 953,502 43,761 574,632 791,921 194,001 1,604,315 5,441 - 517,899 352,800 876,140 226,978 398,464 186,137 (83,405) - - 73802 1,198,545 0.102759% 23,132,703 29,814,877 19,078,194 2,344,719 (122,050) 2,222,669 103,126 1,354,172 1,866,231 55,494 3,379,023 12,822 - 1,220,475 187,955 1,421,252 510,552 951,808 672,816 (177,406) - - 73803 1,629,553 0.139712% 31,451,418 40,536,558 25,938,873 3,187,900 84,838 3,272,738 140,210 1,841,143 2,537,343 5,754,447 10,273,143 17,432 - 1,659,367 5,562,023 7,238,822 944,929 2,525,127 (97,322) (338,413) - - 73805 9,065 0.000777% 174,915 225,442 144,258 17,729 34,380 52,109 780 10,239 14,111 54,134 79,264 97 - 9,228 - 9,325 39,163 24,917 7,165 (1,306) - - 73806 3,194 0.000274% 61,682 79,499 50,871 6,252 6,273 12,525 275 3,611 4,976 15,106 23,968 34 - 3,254 559 3,847 7,960 9,283 3,292 (414) - - 73807 7,420 0.000636% 143,174 184,531 118,080 14,512 (26,475) (11,963) 638 8,381 11,551 - 20,570 79 - 7,554 68,496 76,129 (22,560) (17,826) (12,891) (2,283) - - 73808 678 0.000058% 13,057 16,828 10,768 1,323 447 1,770 58 764 1,053 4,968 6,843 7 - 689 2,434 3,130 804 1,035 1,857 17 - - 73809 4,802 0.000412% 92,748 119,539 76,492 9,401 (1,856) 7,545 413 5,429 7,482 24,754 38,078 51 - 4,893 12,451 17,395 680 11,009 9,249 (255) - - 73810 15,020 0.001288% 289,950 373,705 239,130 29,389 36,968 66,357 1,293 16,973 23,392 199,333 240,991 161 - 15,298 71,658 87,117 44,897 41,204 65,545 2,229 - - 73811 14,655 0.001257% 282,971 364,711 233,374 28,682 (13,206) 15,476 1,261 16,565 22,829 - 40,655 157 - 14,929 20,938 36,024 (5,468) 5,043 7,251 (2,196) - - 73812 54,967 0.004713% 1,060,972 1,367,447 875,014 107,540 41,374 148,914 4,730 62,109 85,594 104,547 256,980 588 - 55,977 - 56,565 70,388 77,316 58,835 (6,124) - - 73815 779,472 0.066829% 15,044,283 19,390,014 12,407,445 1,524,881 82,495 1,607,376 67,067 880,681 1,213,698 283,357 2,444,803 8,339 - 793,732 19,528 821,599 493,906 719,803 518,997 (109,502) - - 73816 139 0.000012% 2,701 3,482 2,228 274 (45) 229 12 158 218 - 388 1 - 143 95 239 29 70 72 (21) - - 73817 13,846 0.001187% 267,213 344,401 220,378 27,085 (1,698) 25,387 1,191 15,642 21,557 3,777 42,167 148 - 14,098 4,655 18,901 5,609 10,958 8,675 (1,975) - - 73819 5,665 0.000486% 109,406 141,010 90,231 11,089 7,292 18,381 488 6,405 8,826 48,494 64,213 61 - 5,772 11,852 17,685 10,284 17,285 18,651 307 - - 73820 6,171 0.000529% 119,086 153,486 98,214 12,071 3,556 15,627 531 6,971 9,607 13,568 30,677 66 - 6,283 18,599 24,948 6,813 (1,151) 1,099 (1,032) - - 73821 13,233 0.001135% 255,507 329,313 210,724 25,898 (6,001) 19,897 1,139 14,957 20,613 17,810 54,519 142 - 13,480 20,882 34,504 986 15,066 6,094 (2,131) - - 73822 280,749 0.024070% 5,418,544 6,983,759 4,468,826 549,221 31,331 580,552 24,156 317,198 437,141 155,509 934,004 3,003 - 285,881 162,182 451,066 179,510 240,823 108,321 (45,716) - -

App I - 5

Page 28: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

73901 347,376 0.029783% 6,704,632 8,641,350 5,529,500 679,578 98,693 778,271 29,889 392,484 540,896 271,645 1,234,914 3,716 - 353,734 147,977 505,427 282,042 347,993 154,767 (55,315) - - 73902 64,456 0.005526% 1,243,991 1,603,334 1,025,955 126,090 35,708 161,798 5,546 72,822 100,359 161,292 340,019 690 - 65,633 83,131 149,454 69,727 58,042 69,579 (6,782) - - 73903 1,791,660 0.153611% 34,580,307 44,569,265 28,519,356 3,505,042 70,546 3,575,588 154,159 2,024,306 2,789,766 1,093,177 6,061,408 19,167 - 1,824,447 403,126 2,246,740 1,016,201 1,709,297 1,330,370 (241,200) - - 73904 548,215 0.047002% 10,580,906 13,637,334 8,726,372 1,072,475 117,583 1,190,058 47,170 619,398 853,615 346,779 1,866,962 5,865 - 558,245 46,500 610,610 406,935 529,233 394,883 (74,698) - - 73906 164,480 0.014102% 3,174,587 4,091,607 2,618,172 321,775 127,046 448,821 14,152 185,838 256,110 310,553 766,653 1,760 - 167,490 - 169,250 213,860 260,692 144,139 (21,288) - - 73907 89,536 0.007676% 1,727,991 2,227,143 1,425,123 175,148 (7,530) 167,618 7,703 101,155 139,406 61,863 310,127 958 - 91,168 91,921 184,047 39,725 44,332 54,606 (12,584) - - 73909 174,085 0.014925% 3,359,858 4,330,395 2,770,969 340,553 (110,037) 230,516 14,978 196,684 271,057 - 482,719 1,862 - 177,265 254,074 433,201 (18,156) 40,650 55,345 (28,321) - - 73910 11,978 0.001027% 231,194 297,978 190,672 23,434 (55,076) (31,642) 1,031 13,534 18,652 - 33,217 128 - 12,198 154,754 167,080 (48,754) (42,009) (38,115) (4,985) - - 73911 675,097 0.057880% 13,029,719 16,793,518 10,745,977 1,320,686 181,548 1,502,234 58,086 762,750 1,051,173 454,242 2,326,251 7,222 - 687,444 - 694,666 537,867 717,822 469,922 (94,026) - - 73912 5,835 0.000500% 112,558 145,072 92,830 11,409 (3,519) 7,890 502 6,589 9,081 - 16,172 62 - 5,939 7,003 13,004 (441) 2,193 2,334 (918) - - 73913 52,600 0.004510% 1,015,274 1,308,548 837,325 102,908 8,813 111,721 4,526 59,433 81,907 45,610 191,476 563 - 53,566 8,138 62,267 36,577 57,606 41,942 (6,917) - - 73914 7,466 0.000640% 144,074 185,692 118,822 14,603 (1,878) 12,725 642 8,434 11,623 10,801 31,500 80 - 7,601 6,879 14,560 2,062 8,197 7,538 (857) - - 73915 38,815 0.003328% 749,186 965,598 617,875 75,937 (5,570) 70,367 3,340 43,857 60,441 - 107,638 415 - 39,527 11,108 51,050 14,918 27,294 20,213 (5,837) - - 73916 473,540 0.040600% 9,139,713 11,779,834 7,537,780 926,397 15,688 942,085 40,745 535,032 737,346 71,144 1,384,267 5,066 - 482,209 98,603 585,878 265,628 351,222 252,342 (70,802) - - 73917 34,577 0.002965% 667,469 860,276 550,481 67,654 14,753 82,407 2,976 39,073 53,848 32,858 128,755 370 - 35,215 - 35,585 33,006 42,407 22,737 (4,980) - - 73918 56,772 0.004867% 1,095,640 1,412,129 903,605 111,054 5,243 116,297 4,884 64,138 88,391 11,823 169,236 607 - 57,806 11,191 69,604 35,205 45,464 27,694 (8,731) - - 74001 524,021 0.044928% 10,114,015 13,035,576 8,341,314 1,025,151 (1,356,655) (331,504) 45,088 592,067 815,948 - 1,453,103 5,606 - 533,612 2,842,202 3,381,420 (1,080,071) (558,634) (181,488) (108,124) - - 74002 1,450,110 0.124327% 27,988,007 36,072,697 23,082,500 2,836,850 38,786 2,875,636 124,770 1,638,397 2,257,933 1,031,931 5,053,031 15,513 - 1,476,639 429,475 1,921,627 804,164 1,397,511 1,121,452 (191,723) - - 74003 5,979,620 0.512671% 115,410,487 148,748,264 95,182,290 11,697,949 131,026 11,828,975 514,500 6,756,045 9,310,742 1,660,641 18,241,928 63,968 - 6,089,023 841,364 6,994,355 3,287,115 5,034,989 3,777,683 (852,214) - - 74005 6,887,973 0.590550% 132,942,302 171,344,366 109,641,273 13,474,964 120,835 13,595,799 592,657 7,782,345 10,725,121 2,684,709 21,784,832 73,685 - 7,013,996 959,848 8,047,529 3,756,360 6,433,973 4,521,896 (974,926) - - 74008 300,240 0.025741% 5,794,713 7,468,589 4,779,064 587,349 88,381 675,730 25,833 339,218 467,489 170,622 1,003,162 3,212 - 305,727 49,860 358,799 246,847 288,967 154,503 (45,954) - - 74009 808,777 0.069342% 15,609,999 20,119,145 12,874,008 1,582,222 (619,770) 962,452 69,589 913,798 1,259,337 - 2,242,724 8,652 - 823,579 1,391,914 2,224,145 (192,889) 235,554 119,593 (143,679) - - 74010 288,344 0.024722% 5,565,320 7,172,933 4,589,876 564,098 (90,872) 473,226 24,810 325,790 448,982 11,660 811,242 3,085 - 293,625 132,578 429,288 61,321 204,037 159,319 (42,722) - - 74013 182,676 0.015662% 3,525,768 4,544,231 2,907,801 357,370 (157,781) 199,589 15,718 206,396 284,441 - 506,555 1,954 - 186,018 354,306 542,278 (61,363) 8,577 47,357 (30,294) - - 74014 170,775 0.014642% 3,296,150 4,248,284 2,718,428 334,096 (60,832) 273,264 14,694 192,954 265,917 120,257 593,822 1,827 - 173,904 183,162 358,893 29,307 103,511 124,720 (22,610) - - 74016 8,259 0.000708% 159,382 205,422 131,447 16,155 8,709 24,864 711 9,330 12,858 29,119 52,018 88 - 8,409 3,405 11,902 13,068 17,897 10,039 (888) - - 74017 279,204 0.023938% 5,388,829 6,945,460 4,444,319 546,209 60,274 606,483 24,023 315,458 434,744 160,814 935,039 2,987 - 284,313 80,221 367,521 207,640 268,946 134,472 (43,540) - - 74018 666,461 0.057140% 12,863,133 16,578,811 10,608,589 1,303,801 19,897 1,323,698 57,344 752,998 1,037,733 286,989 2,135,064 7,130 - 678,655 126,209 811,994 371,660 654,682 394,930 (98,202) - - 74020 58,554 0.005020% 1,130,083 1,456,521 932,011 114,545 28,671 143,216 5,038 66,154 91,169 118,068 280,429 626 - 59,623 13,220 73,469 59,575 85,971 67,600 (6,186) - - 74021 79,622 0.006827% 1,536,867 1,980,811 1,267,498 155,776 31,638 187,414 6,851 89,967 123,987 76,527 297,332 852 - 81,085 104,652 186,589 73,666 41,688 9,740 (14,352) - - 74022 9,710 0.000833% 187,522 241,690 154,654 19,007 (7,362) 11,645 836 10,977 15,128 - 26,941 104 - 9,894 12,184 22,182 (2,234) 4,915 3,646 (1,568) - - 74024 529,250 0.045376% 10,214,867 13,165,561 8,424,490 1,035,374 97,620 1,132,994 45,538 597,971 824,085 307,872 1,775,466 5,662 - 538,933 65,166 609,761 376,962 491,741 369,864 (72,862) - - 74101 51,115 0.004382% 986,459 1,271,410 813,560 99,987 23,707 123,694 4,398 57,747 79,583 66,641 208,369 547 - 52,045 12,992 65,584 50,683 54,454 44,048 (6,399) - - 74102 442,539 0.037942% 8,541,354 11,008,633 7,044,296 865,747 537,325 1,403,072 38,077 500,005 689,074 1,335,024 2,562,180 4,734 - 450,639 8,775 464,148 770,902 904,946 474,285 (52,100) - - 74103 58,515 0.005017% 1,129,407 1,455,651 931,454 114,476 (13,110) 101,366 5,035 66,115 91,115 46,073 208,338 626 - 59,587 46,491 106,704 17,775 46,060 45,429 (7,631) - - 74106 14,682 0.001259% 283,421 365,291 233,745 28,727 (1,191) 27,536 1,263 16,591 22,865 1,929 42,648 157 - 14,953 7,185 22,295 6,560 10,361 5,793 (2,361) - - 74108 481 0.000041% 9,230 11,896 7,612 936 1,274 2,210 41 540 745 5,991 7,317 5 - 487 1,430 1,922 1,526 1,664 2,133 72 - - 74109 49,574 0.004250% 956,743 1,233,111 789,053 96,975 9,936 106,911 4,265 56,007 77,185 62,908 200,365 530 - 50,477 22,804 73,811 36,100 50,083 46,278 (5,907) - - 74201 1,210,662 0.103798% 23,366,599 30,116,336 19,271,095 2,368,427 55,540 2,423,967 104,168 1,367,864 1,885,101 328,631 3,685,764 12,951 - 1,232,815 113,159 1,358,925 694,538 1,125,272 687,146 (180,117) - - 74202 390,224 0.033456% 7,531,484 9,707,048 6,211,427 763,387 (60,227) 703,160 33,575 440,888 607,603 - 1,082,066 4,174 - 397,359 130,678 532,211 145,734 280,232 184,223 (60,334) - - 74203 4,134,519 0.354479% 79,798,924 102,849,851 65,812,427 8,088,379 860,535 8,948,914 355,743 4,671,371 6,437,779 1,958,657 13,423,550 44,230 - 4,210,167 634,877 4,889,274 3,042,767 3,973,295 2,149,822 (631,609) - - 74204 33,915,074 2.907758% 654,583,089 843,667,683 539,853,171 66,348,211 (5,367,832) 60,980,379 2,918,130 38,318,815 52,808,496 1,277,121 95,322,562 362,813 - 34,535,609 10,698,797 45,597,219 12,532,815 23,673,941 18,545,561 (5,026,975) - - 74208 664,569 0.056978% 12,826,664 16,531,808 10,578,512 1,300,104 1,567 1,301,671 57,181 750,864 1,034,791 133,818 1,976,654 7,109 - 676,731 192,754 876,594 352,333 542,211 309,193 (103,677) - - 74211 84,927 0.007281% 1,639,070 2,112,536 1,351,788 166,135 (44,683) 121,452 7,307 95,950 132,232 - 235,489 908 - 86,477 103,670 191,055 140 37,617 21,162 (14,485) - - 74213 46,958 0.004026% 906,317 1,168,119 747,466 91,864 (109,771) (17,907) 4,040 53,055 73,117 - 130,212 502 - 47,817 250,914 299,233 (84,986) (64,965) (10,085) (8,986) - - 74214 135,238 0.011595% 2,610,221 3,364,216 2,152,723 264,571 (3,184) 261,387 11,636 152,800 210,580 93,579 468,595 1,447 - 137,714 51,627 190,788 68,197 124,400 103,155 (17,944) - - 74215 286,081 0.024528% 5,521,647 7,116,645 4,553,859 559,671 (130,966) 428,705 24,615 323,233 445,459 - 793,307 3,060 - 291,320 191,531 485,911 20,032 181,258 149,067 (42,962) - - 74216 111,434 0.009554% 2,150,759 2,772,033 1,773,792 218,000 33,663 251,663 9,588 125,904 173,513 200,150 509,155 1,192 - 113,473 43,767 158,432 92,479 156,079 115,016 (12,851) - - 74217 25,715 0.002205% 496,381 639,767 409,379 50,313 33,281 83,594 2,213 29,058 40,046 57,980 129,297 275 - 26,189 4,865 31,329 46,855 40,411 14,652 (3,950) - - 74218 14,788 0.001268% 285,447 367,902 235,416 28,933 (3,655) 25,278 1,273 16,710 23,028 1,930 42,941 158 - 15,060 12,614 27,832 4,151 7,034 6,233 (2,310) - - 74219 147,503 0.012646% 2,846,818 3,669,157 2,347,851 288,552 42,743 331,295 12,691 166,651 229,667 101,166 510,175 1,578 - 150,197 - 151,775 120,594 156,028 102,334 (20,556) - - 74221 31,897 0.002735% 615,692 793,543 507,779 62,406 (1,837) 60,569 2,745 36,042 49,671 22,885 111,343 341 - 32,484 15,361 48,186 15,000 27,970 24,399 (4,212) - - 74222 26,246 0.002250% 506,511 652,823 417,734 51,340 11,798 63,138 2,258 29,651 40,863 14,683 87,455 281 - 26,723 1,063 28,067 25,649 23,554 14,124 (3,938) - - 74223 11,877 0.001018% 229,168 295,366 189,001 23,228 (6,940) 16,288 1,022 13,415 18,488 - 32,925 127 - 12,091 12,127 24,345 (673) 6,404 4,741 (1,892) - - 74224 3,023 0.000259% 58,305 75,147 48,086 5,910 11,430 17,340 260 3,413 4,704 17,132 25,509 32 - 3,076 - 3,108 13,024 7,582 2,233 (439) - - 74226 59,101 0.005067% 1,140,663 1,470,158 940,737 115,617 27,684 143,301 5,085 66,774 92,023 77,910 241,792 632 - 60,181 463 61,276 58,877 76,269 52,771 (7,402) - - 74227 30,422 0.002608% 587,103 756,695 484,200 59,508 29,830 89,338 2,617 34,369 47,365 43,090 127,441 325 - 30,975 - 31,300 45,885 33,973 20,548 (4,264) - - 74228 178,105 0.015270% 3,437,523 4,430,494 2,835,022 348,426 45,125 393,551 15,324 201,230 277,322 79,120 572,996 1,905 - 181,363 984 184,252 139,130 163,836 111,340 (25,563) - - 74229 35,660 0.003057% 688,180 886,969 567,561 69,754 2,376 72,130 3,068 40,286 55,519 45,384 144,257 381 - 36,308 19,193 55,882 21,195 37,660 33,756 (4,238) - - 74230 911,996 0.078191% 17,602,052 22,686,627 14,516,909 1,784,135 (170,365) 1,613,770 78,470 1,030,411 1,420,046 35,249 2,564,176 9,756 - 928,679 392,683 1,331,118 310,992 653,962 410,789 (142,685) - - 74231 23,667 0.002029% 456,761 588,702 376,703 46,297 (5,235) 41,062 2,036 26,738 36,849 10,486 76,109 253 - 24,099 11,794 36,146 7,256 22,557 13,671 (3,520) - - 74233 41,616 0.003568% 803,214 1,035,233 662,433 81,413 22,624 104,037 3,581 47,020 64,799 75,219 190,619 445 - 42,377 3,866 46,688 44,589 59,379 44,617 (4,655) - - 74234 - 0.000000% - - - - (21,240) (21,240) - - - - - - - - 29,482 29,482 (21,240) (7,662) (580) - - - 74239 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 74242 206,819 0.017732% 3,991,758 5,144,828 3,292,116 404,603 814,450 1,219,053 17,795 233,675 322,035 2,014,696 2,588,201 2,212 - 210,604 - 212,816 923,611 983,310 477,081 (8,617) - - 74301 1,569,008 0.134521% 30,282,841 39,030,422 24,975,114 3,069,453 281,128 3,350,581 135,001 1,772,735 2,443,068 584,568 4,935,372 16,785 - 1,597,714 - 1,614,499 1,109,262 1,477,092 961,882 (227,362) - - 74302 1,608,301 0.137890% 31,041,257 40,007,916 25,600,601 3,146,326 174,466 3,320,792 138,382 1,817,132 2,504,254 497,297 4,957,065 17,205 - 1,637,727 21,267 1,676,199 1,023,340 1,502,856 987,670 (232,999) - - 74304 81,067 0.006950% 1,564,557 2,016,499 1,290,334 158,583 (31,906) 126,677 6,975 91,588 126,221 - 224,784 867 - 82,546 61,463 144,876 10,879 47,097 34,671 (12,739) - - 74305 95,413 0.008180% 1,841,450 2,373,376 1,518,695 186,648 12,659 199,307 8,209 107,797 148,559 56,583 321,148 1,021 - 97,154 24,271 122,446 63,016 82,864 65,959 (13,137) - - 74306 141,317 0.012116% 2,727,506 3,515,381 2,249,452 276,459 (99,278) 177,181 12,159 159,666 220,042 - 391,867 1,512 - 143,902 213,778 359,192 (24,690) 26,774 52,873 (22,283) - - 74307 98,237 0.008422% 1,895,928 2,443,590 1,563,625 192,170 (22,089) 170,081 8,452 110,986 152,954 36,993 309,385 1,051 - 100,029 74,746 175,826 29,758 78,633 40,913 (15,745) - - 74308 398 0.000034% 7,654 9,865 6,312 776 (3,662) (2,886) 34 448 617 3,254 4,353 4 - 404 15,619 16,027 (3,453) (5,674) (2,338) (209) - - 74309 2,858 0.000245% 55,153 71,085 45,487 5,590 11,036 16,626 246 3,229 4,450 23,441 31,366 31 - 2,910 - 2,941 12,544 13,369 2,931 (418) - - 74310 142,422 0.012211% 2,748,892 3,542,945 2,267,089 278,626 (121,387) 157,239 12,255 160,918 221,767 128,047 522,987 1,524 - 145,031 500,756 647,311 (46,214) (97,068) 41,045 (22,087) - - 74311 540,555 0.046345% 10,433,005 13,446,710 8,604,394 1,057,484 (24,522) 1,032,962 46,510 610,740 841,683 3,546 1,502,479 5,783 - 550,442 80,445 636,670 260,786 414,271 273,046 (82,294) - - 74312 2,742 0.000235% 52,902 68,184 43,630 5,362 (155) 5,207 236 3,097 4,268 1,694 9,295 29 - 2,791 4,386 7,206 1,292 1,206 103 (512) - - 74313 57,656 0.004943% 1,112,749 1,434,180 917,715 112,788 13,705 126,493 4,961 65,139 89,771 53,716 213,587 617 - 58,708 6,003 65,328 44,135 65,089 46,580 (7,544) - - 74401 554,036 0.047501% 10,693,239 13,782,116 8,819,016 1,083,861 503,537 1,587,398 47,670 625,974 862,677 1,246,397 2,782,718 5,927 - 564,172 77,395 647,494 795,961 1,011,471 407,339 (79,548) - - 74402 496,900 0.042602% 9,590,395 12,360,702 7,909,470 972,078 (15,477) 956,601 42,754 561,415 773,705 60,810 1,438,684 5,316 - 505,986 122,027 633,329 246,788 396,283 239,078 (76,794) - - 74405 14,746 0.001264% 284,547 366,742 234,674 28,842 (39,759) (10,917) 1,269 16,657 22,956 - 40,882 158 - 15,013 97,879 113,050 (31,978) (24,727) (11,956) (3,507) - - 74406 16,186 0.001388% 312,461 402,719 257,696 31,671 1,095 32,766 1,393 18,291 25,208 23,739 68,631 173 - 16,485 16,780 33,438 9,640 12,563 14,897 (1,908) - - 74407 252,757 0.021670% 4,878,266 6,287,414 4,023,243 494,459 4,700 499,159 21,747 285,570 393,554 122,355 823,226 2,704 - 257,376 137,780 397,860 138,104 222,215 105,640 (40,594) - - 74408 58,370 0.005004% 1,126,481 1,451,879 929,041 114,180 (19,452) 94,728 5,022 65,943 90,879 - 161,844 624 - 59,433 46,433 106,490 11,353 30,468 22,835 (9,302) - - 74409 8,443 0.000724% 162,984 210,064 134,418 16,520 (25,667) (9,147) 727 9,541 13,149 - 23,417 90 - 8,599 44,134 52,823 (21,210) (9,391) 2,493 (1,298) - - 74410 4,854 0.000416% 93,648 120,700 77,234 9,492 (5,509) 3,983 417 5,482 7,555 - 13,454 52 - 4,941 8,955 13,948 (2,948) 1,227 1,987 (760) - - 74411 19,720 0.001691% 380,671 490,633 313,950 38,585 (26,037) 12,548 1,697 22,284 30,711 - 54,692 211 - 20,084 57,228 77,523 (15,627) (6,245) 2,465 (3,424) - - 74412 6,875 0.000589% 132,593 170,895 109,354 13,440 26,068 39,508 591 7,762 10,697 46,059 65,109 73 - 6,996 3,806 10,875 29,694 21,384 4,271 (1,114) - - 74413 6,256 0.000536% 120,662 155,517 99,514 12,230 25,184 37,414 538 7,063 9,734 72,305 89,640 67 - 6,366 - 6,433 28,484 30,288 23,918 518 - - 74501 870,997 0.074676% 16,810,769 21,666,771 13,864,316 1,703,931 (277,877) 1,426,054 74,942 984,090 1,356,209 377,592 2,792,833 9,318 - 886,931 1,331,179 2,227,428 181,841 464,395 79,643 (160,474) - - 74504 118,234 0.010137% 2,282,002 2,941,187 1,882,031 231,303 (113,666) 117,637 10,173 133,587 184,101 - 327,861 1,265 - 120,398 245,729 367,392 (51,261) 6,312 25,483 (20,065) - - 74506 24,016 0.002059% 463,514 597,406 382,273 46,982 (13,348) 33,634 2,066 27,134 37,394 2,744 69,338 257 - 24,455 37,582 62,294 (672) 9,510 2,573 (4,367) - - 74508 159,976 0.013716% 3,087,692 3,979,611 2,546,507 312,967 105,831 418,798 13,765 180,751 249,100 224,215 667,831 1,711 - 162,906 2,012 166,629 190,269 235,473 99,362 (23,903) - - 74509 45,177 0.003873% 871,875 1,123,727 719,060 88,373 (6,887) 81,486 3,887 51,039 70,338 23,290 148,554 483 - 46,000 17,487 63,970 16,956 42,554 31,348 (6,273) - - 74510 6,431 0.000551% 124,039 159,869 102,298 12,573 (2,072) 10,501 553 7,261 10,007 - 17,821 69 - 6,544 4,822 11,435 1,320 3,832 2,283 (1,048) - - 74511 21,878 0.001876% 422,318 544,310 348,297 42,806 (2,296) 40,510 1,883 24,722 34,070 47,738 108,413 234 - 22,281 36,067 58,582 9,253 17,029 25,678 (2,129) - - 74601 3,452,086 0.295970% 66,627,607 85,873,833 54,949,670 6,753,341 1,139,674 7,893,015 297,026 3,900,331 5,375,183 2,873,779 12,446,319 36,929 - 3,515,253 - 3,552,182 2,961,715 3,813,055 2,586,267 (466,901) - - 74602 3,383,205 0.290064% 65,298,071 84,160,244 53,853,165 6,618,579 601,347 7,219,926 291,099 3,822,501 5,267,922 1,675,525 11,057,047 36,193 - 3,445,107 36,244 3,517,544 2,387,030 3,389,635 2,241,611 (478,773) - - 74604 415,085 0.035588% 8,011,431 10,325,634 6,607,254 812,035 308,847 1,120,882 35,715 468,983 646,322 757,929 1,908,949 4,440 - 422,681 - 427,121 527,933 588,027 414,612 (48,745) - - 74605 354,356 0.030381% 6,839,252 8,814,856 5,640,524 693,223 46,139 739,362 30,489 400,365 551,757 87,488 1,070,099 3,791 - 360,837 4,635 369,263 233,170 308,729 210,584 (51,647) - - 74607 141,223 0.012108% 2,725,706 3,513,060 2,247,966 276,276 (53,506) 222,770 12,151 159,561 219,896 5,370 396,978 1,511 - 143,807 178,379 323,697 21,033 57,941 19,593 (25,286) - - 74609 273,533 0.023452% 5,279,422 6,804,450 4,354,089 535,120 30,415 565,535 23,536 309,054 425,917 168,453 926,960 2,926 - 278,541 34,320 315,787 174,789 268,952 204,218 (36,786) - - 74610 60,450 0.005183% 1,166,777 1,503,815 962,274 118,264 17,935 136,199 5,201 68,302 94,130 88,381 256,014 647 - 61,559 13,116 75,322 49,842 76,712 61,124 (6,987) - - 74611 206,175 0.017677% 3,979,377 5,128,870 3,281,905 403,348 42,959 446,307 17,740 232,950 321,036 195,969 767,695 2,206 - 209,951 31,124 243,281 151,782 233,649 166,031 (27,047) - - 74612 826,980 0.070902% 15,961,180 20,571,769 13,163,637 1,617,817 158,015 1,775,832 71,155 934,356 1,287,668 625,023 2,918,202 8,847 - 842,107 64,833 915,787 594,500 879,774 638,275 (110,135) - - 74613 265,420 0.022756% 5,122,742 6,602,510 4,224,870 519,238 401,716 920,954 22,837 299,882 413,277 772,389 1,508,385 2,839 - 270,274 - 273,113 541,806 465,209 260,448 (32,192) - - 74616 144,125 0.012357% 2,781,759 3,585,306 2,294,196 281,958 (101,032) 180,926 12,401 162,842 224,418 - 399,661 1,542 - 146,765 209,173 357,480 (24,960) 48,885 42,199 (23,942) - - 74618 35,027 0.003003% 676,024 871,302 557,536 68,521 (3,606) 64,915 3,014 39,574 54,538 51,080 148,206 375 - 35,667 42,676 78,718 14,881 25,102 33,514 (4,010) - - 74619 42,669 0.003658% 823,475 1,061,346 679,143 83,467 25,765 109,232 3,671 48,206 66,434 56,648 174,959 456 - 43,446 - 43,902 48,284 54,617 33,835 (5,679) - - 74620 102,501 0.008788% 1,978,320 2,549,783 1,631,577 200,522 (101,612) 98,910 8,819 115,809 159,601 - 284,229 1,097 - 104,376 182,272 287,745 (47,512) 14,825 44,803 (15,633) - - 74621 3,462 0.000297% 66,859 86,173 55,141 6,777 (512) 6,265 298 3,914 5,394 1,016 10,622 37 - 3,527 1,367 4,931 1,316 2,681 2,185 (491) - -

App I - 6

Page 29: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

75001 572,372 0.049073% 11,047,122 14,238,222 9,110,873 1,119,731 242,954 1,362,685 49,248 646,690 891,227 387,859 1,975,024 6,123 - 582,843 - 588,966 545,056 589,684 335,822 (84,504) - - 75002 98,978 0.008486% 1,910,335 2,462,159 1,575,507 193,631 (63,089) 130,542 8,516 111,830 154,116 - 274,462 1,059 - 100,789 134,631 236,479 (10,848) 36,348 28,947 (16,464) - - 75003 14,660 0.001257% 282,971 364,711 233,374 28,682 (2,777) 25,905 1,261 16,565 22,829 4,045 44,700 157 - 14,929 5,236 20,322 4,961 12,954 8,617 (2,154) - - 75005 80,482 0.006900% 1,553,301 2,001,992 1,281,051 157,442 (8,925) 148,517 6,925 90,929 125,313 43,857 267,024 861 - 81,952 134,688 217,501 33,553 30,438 733 (15,201) - - 75007 328,245 0.028143% 6,335,442 8,165,514 5,225,018 642,157 102,143 744,300 28,243 370,872 511,112 345,144 1,255,371 3,512 - 334,256 42,144 379,912 275,396 357,033 284,213 (41,184) - - 75011 249,226 0.021368% 4,810,280 6,199,791 3,967,174 487,568 (628,690) (141,122) 21,444 281,590 388,069 - 691,103 2,666 - 253,789 1,493,293 1,749,748 (497,145) (366,405) (140,390) (54,705) - - 75014 139,110 0.011927% 2,684,960 3,460,544 2,214,362 272,146 (301,753) (29,607) 11,970 157,176 216,609 - 385,755 1,488 - 141,658 527,841 670,987 (228,328) (43,181) 11,174 (24,897) - - 75015 50,585 0.004337% 976,328 1,258,353 805,206 98,960 (574) 98,386 4,352 57,154 78,765 36,875 177,146 541 - 51,511 17,438 69,490 26,125 53,251 35,336 (7,056) - - 75016 11,783 0.001010% 227,367 293,045 187,516 23,046 10,230 33,276 1,014 13,310 18,343 15,737 48,404 126 - 11,996 - 12,122 16,448 13,424 8,058 (1,649) - - 75018 245 0.000021% 4,727 6,093 3,899 479 (1,019) (540) 21 277 381 476 1,155 3 - 249 2,991 3,243 (890) (455) (648) (95) - - 75021 53,971 0.004627% 1,041,612 1,342,495 859,047 105,577 27,859 133,436 4,644 60,975 84,032 78,826 228,477 577 - 54,955 411 55,943 56,344 72,217 50,562 (6,589) - - 75022 467,569 0.040088% 9,024,454 11,631,281 7,442,722 914,714 (26,082) 888,632 40,231 528,285 728,048 45,581 1,342,145 5,002 - 476,127 197,525 678,654 220,706 322,936 194,108 (74,259) - - 75025 22,793 0.001954% 439,877 566,941 362,779 44,586 2,273 46,859 1,961 25,750 35,487 13,865 77,063 244 - 23,208 24,434 47,886 14,302 14,058 4,796 (3,979) - - 75026 54,655 0.004686% 1,054,894 1,359,613 870,001 106,924 (24,550) 82,374 4,703 61,753 85,104 - 151,560 585 - 55,656 43,756 99,997 4,298 29,130 26,446 (8,311) - - 80101 2,045,753 0.175396% 39,484,460 50,890,046 32,563,950 4,002,125 (309,343) 3,692,782 176,022 2,311,391 3,185,409 - 5,672,822 21,885 - 2,083,188 506,144 2,611,217 770,424 1,538,208 1,062,106 (309,133) - - 80103 107,709 0.009235% 2,078,947 2,679,477 1,714,566 210,721 (112,452) 98,269 9,268 121,700 167,719 826,611 1,125,298 1,152 - 109,685 1,023,005 1,133,842 (55,600) 204,536 (124,692) (32,788) - - 80201 14,252,284 1.221940% 275,078,346 354,538,201 226,864,885 27,881,802 (3,591,245) 24,290,557 1,226,299 16,102,885 22,191,948 - 39,521,132 152,467 - 14,513,052 8,653,339 23,318,858 3,931,223 8,695,097 5,838,085 (2,262,130) - - 80202 197,016 0.016891% 3,802,436 4,900,817 3,135,976 385,413 376,260 761,673 16,951 222,592 306,762 747,994 1,294,299 2,108 - 200,615 - 202,723 480,244 403,277 229,482 (21,427) - - 80302 1,000,897 0.085813% 19,317,886 24,898,102 15,932,007 1,958,051 (857,679) 1,100,372 86,119 1,130,855 1,558,471 - 2,775,445 10,707 - 1,019,206 1,751,192 2,781,105 (329,400) 214,669 275,630 (166,558) - - 80401 5,072,987 0.434940% 97,911,989 126,195,104 80,750,784 9,924,310 (546,146) 9,378,164 436,491 5,731,696 7,899,050 771,600 14,838,837 54,269 - 5,165,807 1,441,158 6,661,234 2,131,418 3,811,598 2,972,727 (738,139) - - 80402 2,096,116 0.179714% 40,456,512 52,142,886 33,365,628 4,100,652 (165,951) 3,934,701 180,355 2,368,295 3,263,829 8,193 5,820,672 22,424 - 2,134,474 295,520 2,452,418 940,399 1,644,575 1,099,591 (316,311) - - 80403 1,621,911 0.139057% 31,303,967 40,346,513 25,817,266 3,172,954 (157,754) 3,015,200 139,553 1,832,511 2,525,448 - 4,497,512 17,351 - 1,651,588 259,583 1,928,522 698,304 1,234,645 878,155 (242,115) - - 80404 1,994,082 0.170965% 38,486,971 49,604,419 31,741,293 3,901,020 (199,273) 3,701,747 171,575 2,252,999 3,104,937 - 5,529,511 21,332 - 2,030,561 348,246 2,400,139 853,216 1,495,556 1,078,146 (297,547) - - 80405 7,874,997 0.675174% 151,992,526 195,897,487 125,352,531 15,405,885 (2,913,912) 12,491,973 677,582 8,897,531 12,261,998 - 21,837,111 84,244 - 8,019,080 6,525,906 14,629,230 1,242,573 3,956,420 3,248,931 (1,240,043) - - 80406 66,173 0.005673% 1,277,084 1,645,985 1,053,247 129,445 (2,286) 127,159 5,693 74,760 103,029 32,063 215,545 708 - 67,379 35,686 103,773 32,638 46,160 42,264 (9,290) - - 80407 279,180 0.023936% 5,388,379 6,944,880 4,443,948 546,163 (167,631) 378,532 24,021 315,432 434,707 18,398 792,558 2,987 - 284,289 212,687 499,963 (20,277) 196,150 157,917 (41,195) - - 80409 131,043 0.011235% 2,529,179 3,259,765 2,085,886 256,356 (91,396) 164,960 11,275 148,056 204,042 - 363,373 1,402 - 133,439 241,323 376,164 (22,231) 20,789 12,299 (23,648) - - 80502 505,590 0.043347% 9,758,107 12,576,859 8,047,786 989,077 (613,567) 375,510 43,502 571,232 787,235 - 1,401,969 5,409 - 514,835 1,219,699 1,739,943 (346,716) (9,503) 104,255 (86,011) - - 80503 1,072,038 0.091913% 20,691,094 26,667,978 17,064,530 2,097,239 (342,877) 1,754,362 92,241 1,211,242 1,669,254 52,517 3,025,254 11,468 - 1,091,656 1,013,177 2,116,301 222,955 494,684 365,831 (174,518) - - 80601 1,505,661 0.129090% 29,060,235 37,454,651 23,966,797 2,945,531 (757,090) 2,188,441 129,550 1,701,165 2,344,435 - 4,175,150 16,107 - 1,533,209 1,536,029 3,085,345 37,610 751,693 544,264 (243,762) - - 80602 518,071 0.044418% 9,999,206 12,887,603 8,246,628 1,013,514 (343,972) 669,542 44,576 585,346 806,686 - 1,436,608 5,542 - 527,555 689,890 1,222,987 (70,527) 204,952 164,494 (85,298) - - 80603 666,305 0.057127% 12,860,206 16,575,040 10,606,176 1,303,504 3,594 1,307,098 57,331 752,827 1,037,497 160,720 2,008,375 7,128 - 678,501 378,990 1,064,619 355,277 432,179 262,861 (106,561) - - 80606 112,644 0.009658% 2,174,171 2,802,208 1,793,100 220,373 (52,383) 167,990 9,692 127,274 175,401 - 312,367 1,205 - 114,709 138,833 254,747 7,073 43,907 25,948 (19,308) - - 80701 13,784,145 1.181803% 266,042,861 342,892,703 219,413,066 26,965,970 544,222 27,510,192 1,186,019 15,573,954 21,463,010 5,561,619 43,784,602 147,459 - 14,036,342 1,646,075 15,829,876 7,819,600 12,980,675 9,101,758 (1,947,307) - - 80702 130,238 0.011166% 2,513,646 3,239,745 2,073,075 254,782 (496,693) (241,911) 11,206 147,147 202,788 - 361,141 1,393 - 132,619 1,012,122 1,146,134 (427,953) (263,504) (66,062) (27,474) - - 80704 364,208 0.031226% 7,029,475 9,060,027 5,797,406 712,504 146,949 859,453 31,337 411,500 567,103 418,904 1,428,844 3,896 - 370,873 121,741 496,510 339,182 352,579 287,967 (47,394) - - 80801 20,058,235 1.719722% 387,137,079 498,966,515 319,282,889 39,240,018 1,655,182 40,895,200 1,725,856 22,662,721 31,232,287 8,764,051 64,384,915 214,577 - 20,425,237 2,841,769 23,481,583 12,242,079 17,835,188 13,615,404 (2,789,340) - - 80902 1,328,561 0.113906% 25,642,072 33,049,109 21,147,742 2,599,067 (92,214) 2,506,853 114,312 1,501,068 2,068,674 - 3,684,054 14,213 - 1,352,868 255,066 1,622,147 609,010 1,002,141 654,277 (203,520) - - 81001 28,137,543 2.412413% 543,072,963 699,946,449 447,887,619 55,045,601 (12,723,920) 42,321,681 2,421,018 31,791,093 43,812,416 10,595,531 88,620,058 301,007 - 28,652,368 50,950,407 79,903,782 2,127,300 11,798,579 145,283 (5,354,885) - - 81002 438,019 0.037554% 8,454,009 10,896,057 6,972,260 856,894 (370,204) 486,690 37,688 494,892 682,027 222,583 1,437,190 4,686 - 446,031 1,352,855 1,803,572 (139,015) 34,730 (166,209) (95,889) - - 81003 297,645 0.025519% 5,744,737 7,404,177 4,737,847 582,284 156,577 738,861 25,610 336,293 463,457 321,639 1,146,999 3,184 - 303,091 - 306,275 313,676 332,090 234,216 (39,258) - - 81004 169,185 0.014505% 3,265,309 4,208,534 2,692,992 330,970 119,938 450,908 14,557 191,149 263,429 306,868 776,003 1,810 - 172,277 - 174,087 209,233 253,370 160,082 (20,770) - - 81102 5,987,667 0.513361% 115,565,817 148,948,463 95,310,395 11,713,693 (1,151,604) 10,562,089 515,192 6,765,138 9,323,273 - 16,603,603 64,054 - 6,097,218 2,653,761 8,815,033 2,008,733 3,911,268 2,793,112 (924,543) - - 81201 3,465,849 0.297150% 66,893,244 86,216,202 55,168,748 6,780,265 (640,313) 6,139,952 298,210 3,915,881 5,396,613 - 9,610,704 37,077 - 3,529,268 1,176,322 4,742,667 1,188,992 2,490,767 1,717,650 (529,373) - - 81301 4,632,096 0.397139% 89,402,376 115,227,381 73,732,666 9,061,780 (1,612,206) 7,449,574 398,556 5,233,550 7,212,537 - 12,844,643 49,553 - 4,716,843 3,215,365 7,981,761 832,648 2,644,548 2,102,699 (717,013) - - 81401 635,080 0.054449% 12,257,346 15,798,035 10,108,979 1,242,398 (430,165) 812,233 54,643 717,536 988,861 - 1,761,040 6,794 - 646,694 792,133 1,445,621 (94,968) 304,887 210,002 (104,502) - - 81402 1,686,146 0.144564% 32,543,681 41,944,335 26,839,694 3,298,611 (328,845) 2,969,766 145,080 1,905,083 2,625,462 45,181 4,720,806 18,038 - 1,716,995 1,045,940 2,780,973 561,115 1,015,377 635,215 (271,873) - - 81403 746,070 0.063965% 14,399,550 18,559,042 11,875,716 1,459,531 72,367 1,531,898 64,193 842,939 1,161,684 1,216,711 3,285,527 7,981 - 759,716 624,169 1,391,866 466,146 734,631 775,231 (82,348) - - 81501 3,610,873 0.309583% 69,692,112 89,823,559 57,477,054 7,063,957 (1,940,575) 5,123,382 310,687 4,079,725 5,622,412 - 10,012,824 38,628 - 3,676,935 3,315,152 7,030,715 (34,730) 1,918,374 1,655,679 (557,214) - - 81601 6,710,200 0.575309% 129,511,308 166,922,286 106,811,636 13,127,201 (90,263) 13,036,938 577,361 7,581,497 10,448,326 450,964 19,058,148 71,784 - 6,832,978 689,931 7,594,693 3,451,436 5,494,500 3,531,003 (1,013,485) - - 81701 3,395,494 0.291118% 65,535,344 84,466,056 54,048,850 6,642,629 (1,317,687) 5,324,942 292,156 3,836,391 5,287,064 - 9,415,611 36,324 - 3,457,625 2,101,802 5,595,751 474,484 2,224,099 1,642,085 (520,808) - - 81802 14,200,482 1.217499% 274,078,605 353,249,672 226,040,371 27,780,469 2,986,499 30,766,968 1,221,842 16,044,361 22,111,294 9,652,303 49,029,800 151,913 - 14,460,306 884,873 15,497,092 10,481,627 15,216,176 9,820,909 (1,986,004) - - 81805 232,921 0.019970% 4,495,568 5,794,170 3,707,622 455,669 (62,435) 393,234 20,041 263,167 362,680 486,582 1,132,470 2,492 - 237,185 266,178 505,855 60,504 304,233 285,054 (23,175) - - 81806 1,833,142 0.157167% 35,380,819 45,601,016 29,179,561 3,586,182 (790,949) 2,795,233 157,728 2,071,167 2,854,348 - 5,083,243 19,610 - 1,866,681 1,745,568 3,631,859 176,597 840,807 724,549 (290,570) - - 81901 2,410,598 0.206676% 46,526,091 59,965,741 38,371,382 4,715,861 (1,037,883) 3,677,978 207,413 2,723,603 3,753,493 - 6,684,509 25,788 - 2,454,703 2,121,583 4,602,074 234,449 1,273,516 958,058 (383,588) - - 81902 192,118 0.016472% 3,708,112 4,779,247 3,058,185 375,852 (149,043) 226,809 16,531 217,070 299,152 88,638 621,391 2,055 - 195,639 537,017 734,711 (47,639) 29,592 (54,587) (40,686) - - 82001 2,848,877 0.244253% 54,985,278 70,868,471 45,347,913 5,573,280 (456,664) 5,116,616 245,124 3,218,798 4,435,938 251,330 8,151,190 30,476 - 2,901,007 1,479,068 4,410,551 1,046,998 1,996,013 1,153,390 (455,762) - - 82101 10,784,739 0.924645% 208,152,460 268,279,927 171,669,216 21,098,228 (3,507,077) 17,591,151 927,943 12,185,093 16,792,701 - 29,905,737 115,372 - 10,982,062 9,384,724 20,482,158 2,185,193 5,371,829 3,630,932 (1,764,375) - - 82106 744,227 0.063807% 14,363,982 18,513,199 11,846,382 1,455,926 195,668 1,651,594 64,035 840,857 1,158,814 504,948 2,568,654 7,961 - 757,839 186,147 951,947 588,475 642,720 489,802 (104,291) - - 82107 2,443,138 0.209466% 47,154,165 60,775,242 38,889,373 4,779,522 (607,751) 4,171,771 210,213 2,760,370 3,804,163 163,557 6,938,303 26,136 - 2,487,840 1,807,370 4,321,346 681,757 1,517,382 820,753 (402,935) - - 82108 137,409 0.011781% 2,652,093 3,418,183 2,187,256 268,815 (1,755,313) (1,486,498) 11,823 155,252 213,958 - 381,033 1,470 - 139,924 5,210,611 5,352,005 (1,682,787) (1,600,337) (1,549,498) (138,350) - - 82109 863,736 0.074054% 16,670,746 21,486,302 13,748,836 1,689,738 (345,917) 1,343,821 74,318 975,893 1,344,913 - 2,395,124 9,240 - 879,544 724,748 1,613,532 109,972 505,332 307,222 (140,934) - - 82110 - 0.000000% - - - - (22,957) (22,957) - - - - - - - - 46,914 46,914 (22,957) (21,497) (2,460) - - - 82201 6,832,450 0.585790% 131,870,750 169,963,282 108,757,534 13,366,352 (654,630) 12,711,722 587,880 7,719,617 10,638,674 1,990,026 20,936,197 73,092 - 6,957,461 6,266,463 13,297,016 2,951,592 3,494,541 2,308,275 (1,115,227) - - 82301 44,693,132 3.831830% 862,606,557 1,111,781,359 711,416,004 87,433,364 3,680,435 91,113,799 3,845,498 50,496,356 69,590,791 14,458,549 138,391,194 478,114 - 45,510,865 1,749,698 47,738,677 27,269,824 41,427,316 28,353,661 (6,398,285) - - 82306 195,432 0.016756% 3,772,045 4,861,648 3,110,912 382,333 (3,087) 379,246 16,816 220,813 304,310 37,246 579,185 2,091 - 199,012 19,131 220,234 100,066 170,219 117,123 (28,456) - - 82307 225,041 0.019294% 4,343,390 5,598,033 3,582,116 440,244 (59,534) 380,710 19,363 254,259 350,403 49,461 673,486 2,407 - 229,156 122,189 353,752 59,243 157,434 135,440 (32,381) - - 82308 178,063 0.015266% 3,436,622 4,429,334 2,834,279 348,334 (5,437) 342,897 15,320 201,177 277,250 16,355 510,102 1,905 - 181,315 24,758 207,978 88,543 146,816 93,677 (26,913) - - 82309 746,434 0.063997% 14,406,754 18,568,327 11,881,657 1,460,261 265,057 1,725,318 64,225 843,361 1,162,265 458,210 2,528,061 7,985 - 760,096 104,017 872,098 659,033 652,306 452,396 (107,771) - - 82312 191,865 0.016450% 3,703,160 4,772,864 3,054,100 375,350 32,578 407,928 16,509 216,780 298,752 72,778 604,819 2,053 - 195,378 - 197,431 133,847 186,216 115,382 (28,057) - - 82313 - 0.000000% - - - - (185,351) (185,351) - - - - - - - - 232,426 232,426 (185,351) (45,042) (2,032) - - - 82401 626,119 0.053681% 12,084,456 15,575,204 9,966,393 1,224,874 (349,281) 875,593 53,872 707,415 974,914 - 1,736,201 6,698 - 637,572 591,824 1,236,094 (18,812) 301,734 311,462 (94,276) - - 82402 5,740,852 0.492200% 110,802,136 142,808,732 91,381,652 11,230,848 (368,280) 10,862,568 493,956 6,486,276 8,938,963 44,060 15,963,255 61,414 - 5,845,888 872,254 6,779,556 2,661,786 4,287,259 3,091,693 (857,040) - - 82406 973,203 0.083439% 18,783,461 24,209,301 15,491,251 1,903,882 (648,097) 1,255,785 83,737 1,099,570 1,515,356 - 2,698,663 10,411 - 991,010 1,686,506 2,687,927 (134,433) 228,738 92,734 (176,303) - - 82501 561,555 0.048146% 10,838,439 13,969,259 8,938,767 1,098,579 (998,325) 100,254 48,318 634,474 874,391 - 1,557,183 6,007 - 571,833 1,812,173 2,390,013 (701,930) (96,774) 65,192 (99,319) - - 82502 1,535,970 0.131689% 29,645,312 38,208,735 24,449,326 3,004,834 (728,157) 2,276,677 132,159 1,735,415 2,391,636 - 4,259,210 16,431 - 1,564,078 1,614,177 3,194,686 82,543 694,748 536,536 (249,304) - - 82601 29,166,705 2.500649% 562,936,306 725,547,569 464,269,479 57,058,939 (2,731,633) 54,327,306 2,509,569 32,953,879 45,414,891 615,670 81,494,009 312,017 - 29,700,352 5,522,890 35,535,259 12,662,782 22,730,882 14,990,992 (4,425,905) - - 82602 91,725 0.007864% 1,770,313 2,281,690 1,460,027 179,438 50,946 230,384 7,892 103,633 142,820 381,363 635,708 981 - 93,401 105,156 199,538 99,358 201,359 142,843 (7,392) - - 82603 96,317 0.008258% 1,859,009 2,396,007 1,533,177 188,428 (82,184) 106,244 8,287 108,825 149,976 19,046 286,134 1,030 - 98,081 298,570 397,681 (31,346) (17,223) (41,747) (21,232) - - 82604 92,200 0.007905% 1,779,543 2,293,586 1,467,639 180,374 266,686 447,060 7,933 104,173 143,565 411,336 667,007 986 - 93,888 114,980 209,854 315,351 90,083 64,029 (12,309) - - 82701 1,833,025 0.157157% 35,378,568 45,598,114 29,177,705 3,585,954 (461,730) 3,124,224 157,718 2,071,035 2,854,166 131,656 5,214,575 19,609 - 1,866,563 1,497,229 3,383,401 505,755 940,307 679,873 (294,760) - - 82702 447,778 0.038391% 8,642,432 11,138,907 7,127,657 875,992 874,886 1,750,878 38,528 505,922 697,228 2,529,949 3,771,627 4,790 - 455,972 98,243 559,005 1,111,227 1,108,555 1,003,874 (11,035) - - 82801 6,370,001 0.546141% 122,945,122 158,459,374 101,396,317 12,461,655 (714,654) 11,747,001 548,089 7,197,117 9,918,599 - 17,663,805 68,144 - 6,486,548 1,555,991 8,110,683 2,647,482 4,663,795 3,210,486 (968,641) - - 82901 7,749,382 0.664404% 149,568,026 192,772,639 123,352,977 15,160,139 762,678 15,922,817 666,774 8,755,603 12,066,402 2,527,423 24,016,202 82,901 - 7,891,164 126,532 8,100,597 4,852,861 7,180,624 4,985,540 (1,103,421) - - 83001 3,709,804 0.318065% 71,601,547 92,284,558 59,051,819 7,257,497 (795,668) 6,461,829 319,200 4,191,502 5,776,455 213,457 10,500,614 39,686 - 3,777,676 2,530,247 6,347,609 1,162,394 2,079,933 1,498,852 (588,174) - - 83005 1,937,056 0.166076% 37,386,378 48,185,906 30,833,603 3,789,464 (399,143) 3,390,321 166,668 2,188,571 3,016,146 16,183 5,387,568 20,722 - 1,972,494 1,160,073 3,153,289 623,249 1,170,763 750,937 (310,669) - - 83101 1,426,737 0.122323% 27,536,875 35,491,249 22,710,439 2,791,124 (307,310) 2,483,814 122,759 1,611,988 2,221,538 588,171 4,544,456 15,263 - 1,452,837 2,346,316 3,814,416 445,731 435,131 109,744 (260,566) - - 83202 5,808,587 0.498008% 112,109,610 144,493,887 92,459,963 11,363,373 (1,574,299) 9,789,074 499,784 6,562,814 9,044,444 - 16,107,042 62,139 - 5,914,870 3,766,761 9,743,770 1,491,522 3,364,627 2,423,571 (916,447) - - 83203 1,622,796 0.139133% 31,321,076 40,368,564 25,831,376 3,174,688 (119,415) 3,055,273 139,629 1,833,513 2,526,828 256,578 4,756,548 17,360 - 1,652,491 380,198 2,050,049 737,111 1,248,706 956,574 (235,892) - - 83204 2,042,768 0.175140% 39,426,831 50,815,769 32,516,421 3,996,284 (544,999) 3,451,285 175,765 2,308,018 3,180,760 - 5,664,543 21,853 - 2,080,148 1,339,284 3,441,285 533,192 1,154,852 856,798 (321,584) - - 83205 13,159,144 1.128218% 253,980,016 327,345,352 209,464,496 25,743,286 (4,124,630) 21,618,656 1,132,242 14,867,804 20,489,840 - 36,489,886 140,773 - 13,399,910 8,566,501 22,107,184 2,820,870 7,642,115 5,958,518 (2,038,801) - - 83206 18,532,849 1.588940% 357,695,948 461,020,941 295,001,956 36,255,880 1,488,866 37,744,746 1,594,608 20,939,259 28,857,123 2,721,056 54,112,046 198,259 - 18,871,932 191,643 19,261,834 11,270,648 15,686,324 10,623,052 (2,729,813) - - 83207 75,742 0.006494% 1,461,904 1,884,193 1,205,673 148,178 82,361 230,539 6,517 85,579 117,939 256,404 466,439 810 - 77,130 16,166 94,106 122,339 155,813 101,453 (7,272) - - 83301 2,834,416 0.243013% 54,706,134 70,508,693 45,117,695 5,544,986 (2,477,484) 3,067,502 243,880 3,202,457 4,413,418 1,634,560 9,494,315 30,322 - 2,886,279 8,666,368 11,582,969 (981,455) 415,105 (912,903) (609,400) - - 83402 2,642,140 0.226528% 50,995,096 65,725,674 42,057,097 5,168,837 (866,705) 4,302,132 227,336 2,985,216 4,114,030 - 7,326,582 28,265 - 2,690,486 2,215,553 4,934,304 527,839 1,370,815 923,697 (430,073) - - 83501 732,313 0.062786% 14,134,138 18,216,963 11,656,823 1,432,629 123,885 1,556,514 63,010 827,402 1,140,272 469,417 2,500,101 7,834 - 745,713 37,534 791,081 510,406 748,749 548,459 (98,594) - - 83601 4,136,803 0.354675% 79,843,046 102,906,719 65,848,817 8,092,851 (708,627) 7,384,224 355,940 4,673,953 6,441,338 152,375 11,623,606 44,254 - 4,212,495 1,351,438 5,608,187 1,474,812 3,127,627 2,046,780 (633,800) - - 83701 7,394,950 0.634017% 142,727,423 183,956,042 117,711,339 14,466,779 (2,347,251) 12,119,528 636,279 8,355,159 11,514,536 - 20,505,974 79,109 - 7,530,256 4,951,823 12,561,188 1,555,864 4,265,085 3,275,323 (1,151,487) - - 83802 5,114,089 0.438464% 98,705,298 127,217,570 81,405,048 10,004,719 (2,346,374) 7,658,345 440,028 5,778,136 7,963,051 88,653 14,269,868 54,709 - 5,207,662 4,075,498 9,337,869 352,884 2,663,744 2,675,861 (760,491) - - 83805 2,106,858 0.180635% 40,663,844 52,410,108 33,536,621 4,121,667 (1,091,475) 3,030,192 181,279 2,380,432 3,280,556 - 5,842,267 22,539 - 2,145,412 2,461,831 4,629,782 20,544 945,086 600,121 (353,266) - - 83806 2,354,794 0.201892% 45,449,136 58,577,693 37,483,187 4,606,701 (1,641,142) 2,965,559 202,612 2,660,559 3,666,609 - 6,529,780 25,191 - 2,397,883 4,242,260 6,665,334 (398,261) 458,635 229,309 (425,237) - - 83810 151,326 0.012974% 2,920,656 3,764,324 2,408,748 296,036 305,835 601,871 13,020 170,973 235,624 791,749 1,211,366 1,619 - 154,093 83,452 239,164 385,705 311,462 282,692 (7,657) - - 83811 277,515 0.023793% 5,356,187 6,903,389 4,417,399 542,900 1,120,709 1,663,609 23,878 313,547 432,110 3,266,529 4,036,064 2,969 - 282,591 - 285,560 1,267,183 1,347,288 1,109,136 26,896 - - 83901 9,062,260 0.776966% 174,907,542 225,431,795 144,251,192 17,728,540 (2,371,696) 15,356,844 779,737 10,238,959 14,110,667 - 25,129,363 96,945 - 9,228,070 4,805,780 14,130,795 2,411,437 5,745,730 4,238,919 (1,397,518) - - 84002 22,349,029 1.916126% 431,350,778 555,951,900 355,747,176 43,721,497 (1,486,890) 42,234,607 1,922,961 25,250,959 34,799,227 - 61,973,147 239,083 - 22,757,939 3,518,225 26,515,247 10,309,103 17,171,309 11,374,189 (3,396,700) - - 84003 19,622,429 1.682357% 378,725,617 488,125,296 312,345,718 38,387,437 (46,870) 38,340,567 1,688,358 22,170,320 30,553,692 1,046,193 55,458,563 209,915 - 19,981,451 2,437,250 22,628,616 10,310,002 15,222,698 10,256,560 (2,959,314) - - 84004 92,272 0.007911% 1,780,893 2,295,327 1,468,753 180,510 (55,820) 124,690 7,939 104,252 143,674 38,660 294,525 987 - 93,959 183,117 278,063 (7,119) (4,894) 42,122 (13,647) - - 84005 69,190 0.005932% 1,335,389 1,721,132 1,101,333 135,354 (295,634) (160,280) 5,953 78,173 107,732 351,306 543,164 740 - 70,455 1,560,626 1,631,821 (259,116) (324,979) (457,172) (47,390) - - 84006 739,551 0.063406% 14,273,710 18,396,852 11,771,932 1,446,776 642,702 2,089,478 63,632 835,573 1,151,532 1,285,759 3,336,496 7,911 - 753,077 - 760,988 1,033,040 1,027,891 611,525 (96,948) - - 84007 - 0.000000% - - - - (494,242) (494,242) - - - - - - - - 680,375 680,375 (494,242) (173,329) (12,804) - - -

App I - 7

Page 30: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Retirement System (SCRS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change infrom Changes in Proporation & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow ofEmployer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - SCRS 1,166,365,261 100.0000% 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A 3,234,293,929 12,477,429 - 1,187,705,744 N/A 1,200,183,173 615,616,796 952,292,380 640,126,427 (173,924,845) (2) -

Employer

Net Pension Liability as of June 30, 2017Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

84008 50,644 0.004342% 977,454 1,259,804 806,134 99,074 (41,505) 57,569 4,357 57,219 78,856 60,817 201,249 542 - 51,570 228,293 280,405 (14,775) (7,669) (43,735) (12,976) - - 84009 154,988 0.013288% 2,991,343 3,855,430 2,467,045 303,201 (251,825) 51,376 13,335 175,111 241,327 - 429,773 1,658 - 157,822 443,352 602,832 (170,022) 3,651 20,795 (27,483) - - 84010 40,021 0.003431% 772,373 995,483 636,998 78,287 20,831 99,118 3,443 45,214 62,311 71,382 182,350 428 - 40,750 3,531 44,709 41,953 54,859 45,101 (4,272) - - 84011 89,072 0.007637% 1,719,212 2,215,827 1,417,882 174,258 333,492 507,750 7,664 100,641 138,697 490,322 737,324 953 - 90,705 80,940 172,598 380,507 168,170 31,257 (15,207) - - 84101 1,508,301 0.129316% 29,111,111 37,520,224 24,008,756 2,950,688 210,123 3,160,811 129,777 1,704,143 2,348,539 454,545 4,637,004 16,135 - 1,535,894 - 1,552,029 1,006,214 1,398,784 900,415 (220,438) - - 84203 6,416,213 0.550103% 123,837,032 159,608,923 102,131,900 12,552,059 (1,193,749) 11,358,310 552,065 7,249,329 9,990,554 - 17,791,948 68,639 - 6,533,605 2,649,775 9,252,019 2,192,777 4,347,564 2,992,095 (992,505) - - 84207 7,092,884 0.608119% 136,897,367 176,441,901 112,903,127 13,875,848 484,900 14,360,748 610,288 8,013,872 11,044,196 2,311,679 21,980,035 75,878 - 7,222,664 950,207 8,248,749 4,228,583 6,031,445 4,482,101 (1,010,843) - - 84208 1,629,325 0.139693% 31,447,141 40,531,045 25,935,346 3,187,466 (392,514) 2,794,952 140,191 1,840,893 2,536,998 95,560 4,613,642 17,430 - 1,659,142 646,276 2,322,848 467,460 1,157,384 906,642 (240,692) - - 84209 5,112,080 0.438291% 98,666,353 127,167,375 81,372,929 10,000,772 301,616 10,302,388 439,854 5,775,856 7,959,909 1,194,363 15,369,982 54,687 - 5,205,607 122,338 5,382,632 2,999,809 4,529,746 3,191,720 (733,925) - - 84210 2,357,358 0.202111% 45,498,437 58,641,235 37,523,846 4,611,698 (336,812) 4,274,886 202,832 2,663,445 3,670,587 2,247 6,539,111 25,218 - 2,400,484 890,644 3,316,346 907,417 1,652,532 1,033,355 (370,540) - - 84211 3,252,709 0.278876% 62,779,473 80,914,116 51,776,005 6,363,296 (482,280) 5,881,016 279,871 3,675,064 5,064,734 296,476 9,316,145 34,797 - 3,312,226 946,360 4,293,383 1,234,527 2,417,817 1,848,410 (477,992) - - 84212 5,871,265 0.503381% 113,319,159 146,052,829 93,457,512 11,485,973 (615,394) 10,870,579 505,177 6,633,621 9,142,024 226,239 16,507,061 62,809 - 5,978,685 1,332,957 7,374,451 2,483,504 4,288,035 3,231,202 (870,130) - - 84213 282,573 0.024227% 5,453,887 7,029,312 4,497,975 552,803 (20,273) 532,530 24,313 319,267 439,992 34,982 818,554 3,023 - 287,745 134,434 425,202 128,872 185,314 123,434 (44,267) - - 84214 196,969 0.016887% 3,801,535 4,899,657 3,135,234 385,322 (53,922) 331,400 16,947 222,539 306,689 - 546,175 2,107 - 200,568 89,374 292,049 50,037 133,005 100,837 (29,753) - - 84215 540,851 0.046371% 10,438,858 13,454,254 8,609,221 1,058,077 2,132,655 3,190,732 46,536 611,083 842,155 5,109,333 6,609,107 5,786 - 550,751 - 556,537 2,418,123 2,103,728 1,524,988 5,731 - - 84301 11,469,690 0.983370% 221,372,402 285,318,617 182,572,075 22,438,195 1,538,495 23,976,690 986,878 12,958,978 17,859,220 3,295,917 35,100,993 122,699 - 11,679,542 - 11,802,241 7,592,286 10,563,085 6,821,089 (1,677,707) - - 84401 2,396,361 0.205455% 46,251,225 59,611,475 38,144,692 4,688,001 (1,006,398) 3,681,603 206,188 2,707,513 3,731,318 - 6,645,019 25,636 - 2,440,201 1,872,299 4,338,136 258,417 1,294,029 1,122,024 (367,587) - - 84501 2,589,053 0.221976% 49,970,367 64,404,939 41,211,974 5,064,971 (2,500,498) 2,564,473 222,768 2,925,229 4,031,360 - 7,179,357 27,697 - 2,636,422 5,197,288 7,861,407 (1,133,976) 72,021 798,666 (418,761) - - 84506 290,022 0.024865% 5,597,511 7,214,423 4,616,426 567,361 1,130,247 1,697,608 24,954 327,674 451,579 2,374,351 3,178,558 3,103 - 295,323 - 298,426 1,283,320 904,952 696,285 (4,424) - - 84601 5,412,536 0.464052% 104,465,568 134,641,767 86,155,706 10,588,577 (92,203) 10,496,374 465,707 6,115,338 8,427,761 1,013,922 16,022,728 57,902 - 5,511,572 1,010,793 6,580,267 2,764,579 4,252,183 3,211,185 (785,487) - - 84603 11,242,014 0.963850% 216,978,136 279,655,011 178,948,000 21,992,794 (2,722,320) 19,270,474 967,288 12,701,741 17,504,713 - 31,173,742 120,264 - 11,447,702 4,868,362 16,436,328 3,211,302 7,262,315 5,942,134 (1,678,338) - - 84604 7,789,393 0.667835% 150,340,399 193,768,122 123,989,975 15,238,427 3,336,418 18,574,845 670,217 8,800,817 12,128,713 7,040,474 28,640,221 83,329 - 7,931,915 - 8,015,244 7,447,722 8,549,582 5,691,086 (1,063,413) - - 84605 3,491,642 0.299361% 67,390,976 86,857,710 55,579,242 6,830,715 (286,117) 6,544,598 300,429 3,945,018 5,436,767 551,481 10,233,695 37,353 - 3,555,528 758,057 4,350,938 1,556,800 2,764,107 2,069,414 (507,564) - - 84606 48,072 0.004122% 927,928 1,195,972 765,289 94,054 108,842 202,896 4,137 54,320 74,861 478,067 611,385 514 - 48,957 362,706 412,177 134,218 146,344 (65,570) (15,784) - - 90203 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90208 18,093 0.001551% 349,155 450,013 287,958 35,390 34,390 69,780 1,557 20,439 28,168 112,910 163,074 194 - 18,421 3,814 22,429 43,938 50,182 46,539 (15) - - 90403 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90407 46,275 0.003967% 893,035 1,151,000 736,512 90,518 (1,063) 89,455 3,981 52,278 72,046 10,872 139,177 495 - 47,116 27,858 75,469 23,359 28,906 18,787 (7,345) - - 90704 10,258 0.000879% 197,877 255,036 163,195 20,057 (365) 19,692 882 11,584 15,964 5,045 33,475 110 - 10,440 6,113 16,663 5,046 9,029 4,378 (1,640) - - 90705 5,389 0.000462% 104,004 134,046 85,775 10,542 1,003 11,545 464 6,088 8,390 3,721 18,663 58 - 5,487 355 5,900 3,847 5,658 3,989 (731) - - 90707 5,890 0.000505% 113,684 146,523 93,758 11,523 143 11,666 507 6,655 9,171 1,806 18,139 63 - 5,998 1,014 7,075 3,252 5,464 3,234 (886) - - 90709 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90710 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90711 506,952 0.043464% 9,784,445 12,610,806 8,069,509 991,746 240,178 1,231,924 43,619 572,774 789,360 495,970 1,901,723 5,423 - 516,224 - 521,647 507,750 579,660 362,730 (70,065) - - 90803 962,463 0.082518% 18,576,129 23,942,078 15,320,258 1,882,867 190,921 2,073,788 82,812 1,087,433 1,498,629 547,983 3,216,857 10,296 - 980,071 8,693 999,060 698,916 982,977 669,646 (133,743) - - 90807 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90809 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 90810 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 91007 48,549 0.004162% 936,933 1,207,578 772,715 94,967 (33,545) 61,422 4,177 54,847 75,587 - 134,611 519 - 49,432 59,725 109,676 (7,923) 23,466 17,281 (7,889) - - 91009 196,736 0.016867% 3,797,033 4,893,854 3,131,520 384,865 13,987 398,852 16,927 222,276 306,326 207,445 752,974 2,105 - 200,330 92,237 294,672 117,823 193,059 171,827 (24,407) - - 91203 24,246 0.002079% 468,016 603,209 385,986 47,438 3,316 50,754 2,086 27,397 37,757 28,471 95,711 259 - 24,692 24,988 49,939 16,115 25,816 7,961 (4,120) - - 91503 5,149 0.000441% 99,276 127,953 81,876 10,063 1,832 11,895 443 5,812 8,009 7,164 21,428 55 - 5,238 13,151 18,444 4,547 887 (1,378) (1,073) - - 91604 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 91605 3,693 0.000317% 71,362 91,976 58,854 7,233 (11,535) (4,302) 318 4,177 5,757 5,105 15,357 40 - 3,765 22,393 26,198 (9,583) (3,660) 2,833 (432) - - 91803 7,204 0.000618% 139,122 179,309 114,738 14,101 36 14,137 620 8,144 11,224 5,975 25,963 77 - 7,340 3,082 10,499 3,841 6,761 5,796 (933) - - 91804 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 91807 1,960 0.000168% 37,820 48,744 31,191 3,833 (1,708) 2,125 169 2,214 3,051 3,963 9,397 21 - 1,995 15,325 17,341 (674) (2,955) (3,680) (635) - - 92109 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92114 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92116 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92117 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92118 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92202 44,157 0.003786% 852,289 1,098,484 702,907 86,388 3,429 89,817 3,800 49,892 68,758 42,712 165,162 472 - 44,967 28,234 73,673 26,736 35,617 34,835 (5,698) - - 92204 4,456 0.000382% 85,994 110,835 70,922 8,716 (9,088) (372) 383 5,034 6,938 23,985 36,340 48 - 4,537 69,614 74,199 (6,736) (22,677) (7,264) (1,182) - - 92302 296,195 0.025395% 5,716,823 7,368,199 4,714,825 579,454 (135,427) 444,027 25,486 334,659 461,205 - 821,350 3,169 - 301,618 347,519 652,306 20,909 133,481 65,824 (51,169) - - 92310 4,241 0.000364% 81,942 105,612 67,580 8,306 (1,582) 6,724 365 4,797 6,611 2,189 13,962 45 - 4,323 7,952 12,320 659 1,922 (121) (820) - - 92313 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92318 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92319 12,993 0.001114% 250,779 323,220 206,825 25,419 25,994 51,413 1,118 14,680 20,232 59,382 95,412 139 - 13,231 560 13,930 32,852 37,005 13,306 (1,682) - - 92404 23,215 0.001990% 447,981 577,386 369,463 45,407 (4,405) 41,002 1,997 26,224 36,141 20,564 84,926 248 - 23,635 58,913 82,796 7,846 5,167 (6,021) (4,861) - - 92502 47,792 0.004098% 922,526 1,189,009 760,833 93,507 (2,183) 91,324 4,113 54,004 74,425 26,947 159,489 511 - 48,672 76,200 125,383 23,045 18,486 1,512 (8,936) - - 92606 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 92609 1,729 0.000148% 33,317 42,941 27,478 3,377 (696) 2,681 149 1,950 2,688 9,795 14,582 18 - 1,758 8,388 10,164 215 604 3,625 (27) - - 92805 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 93005 119,285 0.010227% 2,302,262 2,967,300 1,898,741 233,356 (37,245) 196,111 10,263 134,773 185,735 24,939 355,710 1,276 - 121,467 82,505 205,248 25,714 71,982 69,962 (17,196) - - 93706 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 93808 25,002 0.002144% 482,649 622,068 398,054 48,921 (4,273) 44,648 2,152 28,254 38,938 932 70,276 268 - 25,464 12,229 37,961 8,926 17,131 10,243 (3,986) - - 94215 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94216 5,057 0.000434% 97,700 125,922 80,576 9,903 (1,621) 8,282 436 5,719 7,882 - 14,037 54 - 5,155 2,928 8,137 1,051 3,316 2,320 (787) - - 94218 6,725 0.000577% 129,892 167,413 107,126 13,166 8,122 21,288 579 7,604 10,479 17,423 36,085 72 - 6,853 1,914 8,839 11,674 12,668 3,954 (1,049) - - 94219 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94220 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94221 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94224 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94225 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94226 1,241 0.000106% 23,862 30,755 19,680 2,419 5,040 7,459 106 1,397 1,925 15,488 18,916 13 - 1,259 - 1,272 5,693 6,049 5,719 183 - - 94227 - 0.000000% - - - - (76) (76) - - - 2,795 2,795 - - - 5,241 5,241 (76) (2,083) (287) - - - 94228 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94229 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94231 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94232 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 94504 4,908 0.000421% 94,774 122,151 78,163 9,606 13,995 23,601 423 5,548 7,646 31,405 45,022 53 - 5,000 - 5,053 16,587 13,187 10,372 (177) - - 94607 - 0.000000% - - - - - - - - - - - - - - - - - - - - - - 70803 - 0.000000% - - - - (4,680,269) (4,680,269) - - - - - - - - 10,957,432 10,957,432 (4,680,269) (4,614,693) (1,576,376) (86,094) - - 71113 - 0.000000% - - - - (1,528,784) (1,528,784) - - - 45,847 45,847 - - - 4,111,668 4,111,668 (1,528,784) (1,561,712) (914,804) (60,522) - - 71215 - 0.000000% - - - - (263,664) (263,664) - - - - - - - - 570,659 570,659 (263,664) (224,313) (78,291) (4,390) - - 74105 - 0.000000% - - - - (163,289) (163,289) - - - 21,504 21,504 - - - 542,185 542,185 (163,289) (168,833) (175,679) (12,880) - - 74241 - 0.000000% - - - - (17,228) (17,228) - - - 2,570 2,570 - - - 56,592 56,592 (17,228) (17,192) (18,259) (1,343) - - 71214 20,072 0.001721% 387,425 499,337 319,520 39,269 52,778 92,047 1,727 22,680 31,255 251,408 307,070 215 - 20,440 33,796 54,451 63,373 93,439 92,829 2,978 - - 71313 1,171 0.000100% 22,512 29,014 18,566 2,282 4,755 7,037 100 1,318 1,816 14,612 17,846 12 - 1,188 - 1,200 5,371 5,707 5,395 173 - - 71907 8,942 0.000767% 172,664 222,540 142,401 17,501 36,460 53,961 770 10,108 13,930 112,042 136,850 96 - 9,110 - 9,206 41,182 43,764 41,370 1,328 - - 84012 60,689 0.005203% 1,171,279 1,509,618 965,987 118,720 247,339 366,059 5,222 68,566 94,493 760,074 928,355 649 - 61,796 - 62,445 279,370 296,887 280,645 9,007 - -

Total 1,166,365,261 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 (405,453) 2,281,359,760 100,356,704 1,317,813,056 1,816,124,169 479,660,280 3,713,954,209 12,477,429 - 1,187,705,744 481,676,100 1,681,859,273 615,211,344 951,382,235 639,470,688 (173,969,331) - -

Check 22,511,608,226 29,014,370,642 18,565,959,440 2,281,765,213 N/A N/A 100,356,704 1,317,813,056 1,816,124,169 N/A N/A 12,477,429 - 1,187,705,744 N/A N/A N/A N/A N/A N/ADifference - - - - - - - (0) - -

App I - 8

Page 31: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

APPENDIX B

COLLECTIVE PENSION AMOUNTS - PORS

Page 32: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

10001 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

10002 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

10100 86,894 0.04531% 1,241,350 1,676,058 898,936 153,282 (7,149) 146,133 11,069 117,816 130,002 - 258,887 - - 85,768 23,013 108,781 43,662 63,520 42,035 890 - -

10200 127,392 0.06643% 1,819,918 2,457,235 1,317,911 224,724 42,816 267,540 16,228 172,727 190,593 115,847 495,395 - - 125,742 - 125,742 117,309 144,485 96,716 11,143 - -

10300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

10600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

10700 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

10900 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

12300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

13300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

13600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

13700 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20101 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20102 3,564,545 1.85879% 50,922,792 68,755,456 36,876,240 6,287,962 636,103 6,924,065 454,086 4,833,042 5,332,955 1,561,295 12,181,378 - - 3,518,366 207,450 3,725,816 2,720,478 3,465,721 2,160,284 109,080 - -

20105 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20108 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20200 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20400 155,793 0.08124% 2,225,647 3,005,046 1,611,724 274,824 72,287 347,111 19,846 211,234 233,084 192,865 657,029 - - 153,775 - 153,775 163,387 192,756 124,418 22,693 - -

20500 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

20600 400,669 0.20894% 5,723,929 7,728,393 4,145,039 706,792 42,331 749,123 51,041 543,254 599,446 193,653 1,387,394 - - 395,479 86,206 481,685 276,623 359,709 234,750 34,628 - -

21100 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

21400 - 0.00000% - - - - (11,845) (11,845) - - - 29,239 29,239 - - - 92,852 92,852 (11,845) (13,920) (23,397) (14,452) - -

21900 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

22100 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

22200 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

30100 1,040,382 0.54253% 14,862,802 20,067,611 10,763,044 1,835,263 77,056 1,912,319 132,534 1,410,617 1,556,526 443,164 3,542,841 - - 1,026,903 110,195 1,137,098 685,421 926,729 683,357 110,236 - -

30200 100,669 0.05250% 1,438,160 1,941,789 1,041,458 177,584 (51,210) 126,374 12,824 136,495 150,613 - 299,932 - - 99,366 164,026 263,392 7,657 32,085 13,841 (17,045) - -

30300 564,457 0.29435% 8,063,788 10,887,647 5,839,471 995,719 124,704 1,120,423 71,906 765,328 844,491 389,845 2,071,570 - - 557,145 13,356 570,501 454,771 585,064 415,377 45,857 - -

30400 106,822 0.05570% 1,526,045 2,060,451 1,105,100 188,436 1,695 190,131 13,608 144,836 159,817 16,284 334,545 - - 105,438 9,986 115,424 64,159 88,175 60,502 6,286 - -

30500 478,323 0.24943% 6,833,287 9,226,237 4,948,392 843,776 (38,841) 804,935 60,933 648,542 715,625 49,996 1,475,096 - - 472,127 220,872 692,999 240,860 344,304 204,850 (7,918) - -

30600 80,678 0.04207% 1,152,561 1,556,176 834,638 142,319 (35,220) 107,099 10,278 109,389 120,703 80,936 321,306 - - 79,633 118,031 197,664 11,957 38,940 56,949 15,797 - -

30700 13,015 0.00679% 185,934 251,046 134,646 22,959 (10,555) 12,404 1,658 17,647 19,472 8,107 46,884 - - 12,847 33,890 46,737 (2,944) 1,699 3,858 (2,465) - -

30800 6,838 0.00357% 97,693 131,904 70,745 12,063 (131) 11,932 871 9,272 10,231 1,213 21,587 - - 6,750 2,489 9,239 3,868 5,290 3,131 60 - -

30900 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

31100 - 0.00000% - - - - (5,149) (5,149) - - - - - - - - 11,825 11,825 (5,149) (4,704) (1,972) - - -

31102 376 0.00020% 5,370 7,250 3,888 663 (153) 510 48 510 562 2,016 3,136 - - 371 2,367 2,738 67 253 294 (217) - -

31104 44,259 0.02308% 632,291 853,713 457,879 78,075 49,840 127,915 5,638 60,010 66,217 135,325 267,190 - - 43,686 - 43,686 75,721 83,944 55,554 8,285 - -

31105 14,976 0.00781% 213,932 288,849 154,921 26,416 (31,446) (5,030) 1,908 20,304 22,404 - 44,616 - - 14,781 72,156 86,937 (22,689) (14,866) (922) (3,842) - -

31107 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

31108 182,692 0.09527% 2,609,925 3,523,895 1,890,003 322,274 (103,327) 218,947 23,273 247,706 273,328 - 544,307 - - 180,325 244,612 424,937 3,503 53,276 57,665 4,926 - -

31113 483 0.00025% 6,904 9,321 4,999 852 (3,175) (2,323) 62 655 723 - 1,440 - - 477 7,741 8,218 (2,892) (2,547) (1,183) (156) - -

31121 305 0.00016% 4,356 5,881 3,154 538 733 1,271 39 413 456 2,743 3,651 - - 301 70 371 911 989 941 439 - -

31123 44,481 0.02320% 635,469 858,003 460,181 78,468 59,245 137,713 5,667 60,312 66,550 123,263 255,792 - - 43,906 - 43,906 85,256 87,083 37,271 2,277 - -

31124 36,384 0.01897% 519,777 701,798 376,402 64,182 9,612 73,794 4,635 49,332 54,434 27,551 135,952 - - 35,913 - 35,913 30,888 38,919 26,873 3,359 - -

31126 - 0.00000% - - - - (37,932) (37,932) - - - - - - - - 131,062 131,062 (37,932) (37,762) (36,250) (19,117) - -

31138 42,355 0.02209% 605,087 816,982 438,180 74,716 26,050 100,766 5,396 57,428 63,368 66,923 193,115 - - 41,807 - 41,807 50,817 58,078 35,919 6,493 - -

31140 60,589 0.03160% 865,564 1,168,676 626,807 106,880 22,852 129,732 7,718 82,150 90,647 58,907 239,422 - - 59,804 - 59,804 58,281 70,119 44,791 6,427 - -

31142 4,114 0.00215% 58,764 79,342 42,554 7,256 (6,420) 836 524 5,577 6,154 - 12,255 - - 4,060 19,574 23,634 (4,015) (2,833) (2,515) (2,016) - -

31143 16,084 0.00839% 229,767 310,229 166,388 28,372 (1,785) 26,587 2,049 21,807 24,063 41,148 89,067 - - 15,875 61,092 76,967 7,620 11,302 2,032 (8,853) - -

31146 24,292 0.01267% 347,048 468,580 251,318 42,854 9,613 52,467 3,095 32,938 36,345 23,022 95,400 - - 23,978 9,118 33,096 23,818 27,146 11,795 (455) - -

31200 864 0.00045% 12,355 16,682 8,947 1,526 (15,002) (13,476) 110 1,173 1,294 4,899 7,476 - - 854 46,630 47,484 (14,496) (14,760) (10,918) 165 - -

31300 73,205 0.03817% 1,045,800 1,412,029 757,326 129,136 (42,877) 86,259 9,326 99,256 109,523 - 218,105 - - 72,257 118,697 190,954 (70) 17,117 11,249 (1,145) - -

31400 264,000 0.13767% 3,771,471 5,092,204 2,731,148 465,702 (131,897) 333,805 33,631 357,947 394,972 90,463 877,013 - - 260,579 565,240 825,819 22,477 72,429 (4,674) (39,038) - -

31600 79,505 0.04146% 1,135,795 1,533,539 822,497 140,248 (11,696) 128,552 10,128 107,797 118,948 - 236,873 - - 78,474 27,615 106,089 34,794 54,234 39,841 1,915 - -

31700 356,968 0.18615% 5,099,610 6,885,444 3,692,933 629,701 140,969 770,670 45,474 484,000 534,063 435,285 1,498,822 - - 352,343 70,350 422,693 349,707 412,641 257,231 56,550 - -

40100 105,585 0.05506% 1,508,375 2,036,593 1,092,304 186,255 (37,963) 148,292 13,450 143,159 157,966 42,375 356,950 - - 104,217 215,271 319,488 23,778 43,053 (1,657) (27,712) - -

40200 1,001,332 0.52216% 14,304,946 19,314,398 10,359,067 1,766,379 (289,639) 1,476,740 127,559 1,357,671 1,498,104 286,928 3,270,262 - - 988,360 1,441,922 2,430,282 295,892 518,999 209,802 (184,712) - -

40700 2,683,070 1.39913% 38,330,127 51,752,963 27,757,138 4,733,016 (336,198) 4,396,818 341,796 3,637,882 4,014,172 247,440 8,241,290 - - 2,648,311 1,451,198 4,099,509 1,232,733 1,816,739 1,103,017 (10,709) - -

40900 28,150,026 14.67932% 402,148,933 542,977,541 291,220,097 49,657,472 (7,408,895) 42,248,577 3,586,031 38,167,639 42,115,566 - 83,869,236 (7) - 27,785,334 19,172,067 46,957,394 9,051,892 15,740,705 11,353,736 765,509 - -

41400 7,186,143 3.74734% 102,660,631 138,611,381 74,342,704 12,676,566 616,609 13,293,175 915,441 9,743,440 10,751,267 3,755,298 25,165,446 - - 7,093,045 957,715 8,050,760 4,818,721 6,566,938 5,013,755 715,272 - -

41600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

41700 3,510 0.00183% 50,134 67,690 36,305 6,191 (3,432) 2,759 447 4,758 5,250 58,523 68,978 - - 3,464 127,505 130,969 (1,380) (7,145) (33,758) (19,707) - -

41800 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

42000 60,712 0.03166% 867,318 1,171,044 628,077 107,097 153,740 260,837 7,734 82,316 90,831 546,237 727,118 - - 59,925 - 59,925 189,241 203,092 187,436 87,425 - -

42200 415,179 0.21650% 5,931,204 8,008,254 4,295,140 732,387 (13,889) 718,498 52,889 562,926 621,153 23,288 1,260,256 - - 409,800 52,625 462,425 228,887 324,042 224,812 20,091 - -

50100 340,875 0.17776% 4,869,706 6,575,030 3,526,446 601,313 61,587 662,900 43,424 462,180 509,986 288,905 1,304,495 - - 336,459 50,024 386,483 260,914 344,363 267,739 44,997 - -

50200 617,441 0.32198% 8,820,701 11,909,624 6,387,597 1,089,183 (34,289) 1,054,894 78,656 837,166 923,759 456,224 2,295,805 - - 609,441 297,385 906,826 326,761 499,594 467,128 95,495 - -

50400 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

50501 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

51200 1,689 0.00088% 24,136 32,588 17,478 2,980 3,817 6,797 215 2,291 2,528 7,254 12,288 - - 1,668 571 2,239 4,805 4,404 861 (22) - -

51300 748,443 0.39029% 10,692,205 14,436,510 7,742,865 1,320,277 9,374 1,329,651 95,344 1,014,789 1,119,755 105,482 2,335,370 - - 738,747 141,476 880,223 447,028 605,796 378,829 23,494 - -

51400 414,288 0.21604% 5,918,492 7,991,091 4,285,934 730,817 (118,683) 612,134 52,776 561,719 619,822 9,277 1,243,594 - - 408,921 322,497 731,418 123,573 218,264 152,464 17,875 - -

51500 4,157 0.00217% 59,394 80,193 43,011 7,334 (69,618) (62,284) 530 5,637 6,220 - 12,387 - - 4,104 126,813 130,917 (67,187) (52,403) 1,030 29 - -

51600 6,467 0.00337% 92,378 124,728 66,896 11,407 16,375 27,782 824 8,768 9,674 58,180 77,446 - - 6,383 - 6,383 20,156 21,631 19,964 9,312 - -

51700 41,097 0.02143% 587,115 792,717 425,165 72,497 (7,777) 64,720 5,235 55,723 61,486 64,701 187,145 - - 40,565 147,835 188,400 16,255 19,654 (15,783) (21,380) - -

51800 1,806,994 0.94229% 25,814,553 34,854,557 18,693,862 3,187,589 180,090 3,367,679 230,192 2,450,039 2,703,462 531,887 5,915,580 - - 1,783,583 334,947 2,118,530 1,236,733 1,602,194 938,590 19,532 - -

51902 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

52000 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

52200 5,628 0.00294% 80,406 108,564 58,227 9,929 11,991 21,920 717 7,631 8,421 39,924 56,693 - - 5,555 1,093 6,648 15,282 16,690 13,897 4,176 - -

52600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

53000 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

53300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

53900 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

54100 - 0.00000% - - - - (8,210) (8,210) - - - 3,269 3,269 - - - 34,221 34,221 (8,210) (8,581) (9,496) (4,665) - -

54200 7,334,722 3.82482% 104,783,215 141,477,274 75,879,794 12,938,663 137,460 13,076,123 934,368 9,944,893 10,973,557 2,238,848 24,091,666 - - 7,239,699 1,068,379 8,308,078 4,426,454 6,157,202 4,560,582 639,350 - -

54300 35,631 0.01858% 509,010 687,261 368,605 62,853 (8,589) 54,264 4,539 48,310 53,307 4,511 110,667 - - 35,169 29,812 64,981 12,246 19,862 12,307 1,272 - -

54400 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

60100 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

60400 4,627 0.00241% 66,106 89,255 47,871 8,163 11,718 19,881 589 6,274 6,923 41,633 55,419 - - 4,567 - 4,567 14,424 15,480 14,286 6,664 - -

60500 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

60601 18,460 0.00963% 263,710 356,059 190,968 32,563 7,967 40,530 2,352 25,029 27,617 32,174 87,172 - - 18,220 6,372 24,592 18,761 23,696 18,463 1,660 - -

60700 117,267 0.06115% 1,675,269 2,261,932 1,213,162 206,863 24,437 231,300 14,939 158,998 175,445 63,710 413,092 - - 115,748 - 115,748 93,009 118,582 78,853 6,900 - -

60800 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

60900 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

61000 35,170 0.01834% 502,435 678,383 363,844 62,041 (544) 61,497 4,480 47,686 52,618 30,102 134,886 - - 34,714 54,148 88,862 20,022 24,625 4,983 (3,606) - -

61200 - 0.00000% - - - - (1,174) (1,174) - - - - - - - - 2,108 2,108 (1,174) (934) - - - -

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

App II - 1

Page 33: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

62500 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

62700 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

63000 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

63500 7,901 0.00412% 112,870 152,396 81,736 13,937 246 14,183 1,006 10,712 11,820 1,199 24,737 - - 7,798 767 8,565 4,866 6,660 4,452 195 - -

63700 10,670 0.00556% 152,429 205,808 110,383 18,822 6,091 24,913 1,359 14,467 15,963 19,264 51,053 - - 10,532 - 10,532 12,330 14,519 10,713 2,959 - -

63800 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

64100 30,638 0.01598% 437,672 590,941 316,945 54,044 15,011 69,055 3,903 41,539 45,836 46,601 137,879 - - 30,240 2,974 33,214 32,926 40,253 28,911 2,575 - -

66600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67000 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67100 7,687 0.00401% 109,802 148,253 79,514 13,558 3,343 16,901 979 10,421 11,499 7,907 30,806 - - 7,586 - 7,586 7,837 9,327 5,675 382 - -

67200 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67300 32,936 0.01718% 470,520 635,291 340,731 58,100 (4,293) 53,807 4,196 44,657 49,276 - 98,129 - - 32,509 11,844 44,353 14,966 22,639 15,537 633 - -

67400 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67500 498,558 0.25998% 7,122,365 9,616,548 5,157,731 879,472 81,006 960,478 63,511 675,978 745,899 502,032 1,987,420 - - 492,100 154,562 646,662 372,539 487,715 382,593 97,912 - -

67600 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67800 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

67900 - 0.00000% - - - - (14,796) (14,796) - - - 10,597 10,597 - - - 57,673 57,673 (14,796) (15,999) (14,713) (1,569) - -

68000 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

68100 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

68200 25,793 0.01345% 368,471 497,506 266,832 45,499 60,227 105,726 3,286 34,971 38,589 186,902 263,748 - - 25,458 35,192 60,650 75,309 81,194 51,048 (4,453) - -

70101 294,554 0.15360% 4,207,965 5,681,554 3,047,239 519,601 (36,339) 483,262 37,523 399,375 440,685 - 877,583 - - 290,737 100,379 391,116 135,902 204,205 139,809 6,551 - -

70102 137,302 0.07160% 1,961,471 2,648,359 1,420,418 242,203 3,574 245,777 17,491 186,162 205,418 38,476 447,547 - - 135,522 14,089 149,611 83,861 116,786 86,833 10,455 - -

70104 28,292 0.01475% 404,167 545,703 292,682 49,907 (6,024) 43,883 3,604 38,359 42,327 1,201 85,491 - - 27,925 18,724 46,649 10,519 17,471 11,963 (1,111) - -

70106 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70108 15,156 0.00790% 216,535 292,363 156,806 26,738 (27,261) (523) 1,931 20,551 22,677 - 45,159 - - 14,961 66,924 81,885 (18,398) (12,197) (3,021) (3,110) - -

70202 538,764 0.28095% 7,696,741 10,392,065 5,573,671 950,396 55,286 1,005,682 68,633 730,492 806,051 144,888 1,750,064 - - 531,784 - 531,784 370,330 489,243 328,255 30,453 - -

70203 1,676,542 0.87426% 23,950,939 32,338,324 17,344,308 2,957,469 119,621 3,077,090 213,574 2,273,165 2,508,293 450,210 5,445,242 - - 1,654,822 433,563 2,088,385 1,099,982 1,431,328 811,558 13,989 - -

70204 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70209 27,158 0.01416% 387,977 523,842 280,957 47,907 (5,658) 42,249 3,460 36,823 40,631 32,293 113,207 - - 26,806 32,515 59,321 10,223 18,011 19,548 6,104 - -

70211 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70212 19,164 0.00999% 273,764 369,634 198,249 33,805 (11,613) 22,192 2,441 25,983 28,670 147,669 204,763 - - 18,915 207,942 226,857 (407) 7,470 (2,355) (26,802) - -

70213 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70214 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70215 27,860 0.01453% 398,003 537,380 288,218 49,146 (3,386) 45,760 3,549 37,774 41,681 3,012 86,016 - - 27,499 15,028 42,527 12,905 19,379 12,278 (1,073) - -

70216 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70217 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70218 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70219 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70220 3,404 0.00178% 48,627 65,656 35,214 6,005 (6,930) (925) 434 4,615 5,093 - 10,142 - - 3,360 16,736 20,096 (4,940) (3,337) (701) (977) - -

70222 5,574 0.00291% 79,612 107,491 57,652 9,830 (1,984) 7,846 710 7,556 8,337 4,330 20,933 - - 5,501 12,861 18,362 1,275 2,539 539 (1,782) - -

70224 3,109 0.00162% 44,408 59,960 32,159 5,484 1,044 6,528 396 4,215 4,651 7,116 16,378 - - 3,068 6,324 9,392 2,862 2,988 705 432 - -

70301 206,006 0.10743% 2,942,973 3,973,574 2,131,183 363,399 44,892 408,291 26,243 279,315 308,207 650,302 1,264,067 - - 203,336 353,389 556,725 165,354 215,813 216,790 109,385 - -

70302 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70303 52,491 0.02737% 749,900 1,012,508 543,047 92,598 6,060 98,658 6,687 71,172 78,534 117,321 273,714 - - 51,812 69,790 121,602 36,755 49,213 45,801 20,342 - -

70304 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70305 33,301 0.01737% 475,752 642,356 344,521 58,746 4,865 63,611 4,242 45,153 49,824 45,793 145,012 - - 32,871 34,435 67,306 24,339 29,915 17,773 5,679 - -

70401 64,748 0.03376% 924,985 1,248,906 669,837 114,217 (10,131) 104,086 8,248 87,790 96,870 13,969 206,877 - - 63,909 55,470 119,379 27,731 40,916 21,105 (2,255) - -

70402 2,071,583 1.08026% 29,594,462 39,958,153 21,431,120 3,654,333 19,761 3,674,094 263,898 2,808,787 3,099,318 627,358 6,799,361 - - 2,044,745 574,267 2,619,012 1,231,123 1,726,014 1,199,900 23,312 - -

70403 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70404 92,093 0.04802% 1,315,647 1,776,373 952,738 162,456 28,147 190,603 11,732 124,867 137,783 71,418 345,800 - - 90,901 832 91,733 81,999 102,019 66,526 3,522 - -

70405 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70406 35,632 0.01858% 509,038 687,298 368,625 62,856 17,130 79,986 4,539 48,312 53,310 140,595 246,756 - - 35,171 145,086 180,257 37,966 42,836 6,867 (21,170) - -

70407 18,961 0.00989% 270,888 365,750 196,166 33,449 46,798 80,247 2,416 25,710 28,369 151,351 207,846 - - 18,716 - 18,716 57,886 62,212 51,693 17,339 - -

70411 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70412 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70413 14,507 0.00757% 207,248 279,824 150,081 25,591 (5,751) 19,840 1,848 19,670 21,704 37,951 81,173 - - 14,319 73,976 88,295 2,732 1,732 (10,706) (879) - -

70414 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70415 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70416 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70417 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70418 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70419 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70420 107,680 0.05615% 1,538,318 2,077,022 1,113,988 189,952 (2,188) 187,764 13,717 146,001 161,102 40,100 360,920 - - 106,286 28,490 134,776 60,779 88,581 70,238 6,546 - -

70422 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70423 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70424 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70501 143,872 0.07502% 2,055,328 2,775,084 1,488,386 253,793 (18,409) 235,384 18,328 195,070 215,247 47,005 475,650 - - 142,007 140,203 282,210 65,720 96,406 47,427 (16,115) - -

70502 76,607 0.03995% 1,094,400 1,477,648 792,520 135,137 (14,497) 120,640 9,759 103,869 114,612 - 228,240 - - 75,614 46,369 121,983 30,299 47,981 30,299 (2,323) - -

70503 1,854 0.00097% 26,492 35,769 19,184 3,271 4,696 7,967 236 2,514 2,774 16,685 22,209 - - 1,830 - 1,830 5,780 6,203 5,725 2,671 - -

70504 40,416 0.02108% 577,390 779,586 418,123 71,296 (6,081) 65,215 5,149 54,800 60,468 9,864 130,281 - - 39,893 19,574 59,467 17,553 27,719 22,403 3,138 - -

70505 4,976 0.00260% 71,092 95,987 51,482 8,778 2,180 10,958 634 6,747 7,445 5,956 20,782 - - 4,912 1,609 6,521 5,090 5,976 3,248 (54) - -

70506 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70507 6,853 0.00357% 97,912 132,200 70,904 12,090 (12,737) (647) 873 9,293 10,254 26,620 47,040 - - 6,765 59,080 65,845 (8,729) (4,650) 51 (5,477) - -

70508 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70601 45,919 0.02395% 655,988 885,708 475,040 81,002 13,224 94,226 5,850 62,259 68,699 44,390 181,198 - - 45,324 11,981 57,305 40,075 50,576 33,252 (12) - -

70602 186,326 0.09716% 2,661,839 3,593,990 1,927,597 328,685 (25,611) 303,074 23,736 252,633 278,765 250,458 805,592 - - 183,912 552,727 736,639 83,344 97,403 (48,918) (62,876) - -

70603 85,475 0.04457% 1,221,077 1,648,686 884,255 150,779 (11,526) 139,253 10,889 115,891 127,879 10,974 265,633 - - 84,367 55,664 140,031 38,455 56,708 32,443 (2,006) - -

70604 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70605 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70606 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70607 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70608 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70609 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70701 2,873,933 1.49866% 41,056,757 55,434,432 29,731,654 5,069,701 44,319 5,114,020 366,109 3,896,665 4,299,722 446,361 9,008,857 - - 2,836,700 215,060 3,051,760 1,724,857 2,404,939 1,707,634 119,668 - -

70702 766,808 0.39987% 10,954,572 14,790,756 7,932,861 1,352,674 109,150 1,461,824 97,684 1,039,690 1,147,232 308,195 2,592,801 - - 756,875 - 756,875 557,543 731,407 502,932 44,044 - -

70704 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70705 17,211 0.00898% 245,876 331,979 178,053 30,361 35,029 65,390 2,193 23,336 25,750 99,633 150,912 - - 16,988 - 16,988 45,093 46,462 30,988 11,381 - -

70707 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70709 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70712 1,068,200 0.55703% 15,260,230 20,604,214 11,050,846 1,884,338 75,006 1,959,344 136,078 1,448,337 1,598,147 479,926 3,662,488 - - 1,054,362 133,953 1,188,315 699,639 958,552 723,008 92,974 - -

70714 182,454 0.09514% 2,606,528 3,519,308 1,887,543 321,855 1,561 323,416 23,243 247,384 272,972 37,818 581,417 - - 180,091 29,295 209,386 108,252 149,088 102,648 12,043 - -

70715 2,556 0.00133% 36,518 49,307 26,445 4,509 (2,896) 1,613 326 3,466 3,824 763 8,379 - - 2,523 10,873 13,396 (1,401) (904) (1,552) (1,160) - -

70718 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70719 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70801 1,922,492 1.00252% 27,464,563 37,082,385 19,888,733 3,391,333 960,292 4,351,625 244,906 2,606,640 2,876,262 2,844,357 8,572,165 - - 1,897,586 - 1,897,586 2,084,473 2,485,202 1,750,616 354,288 - -

70802 357,746 0.18655% 5,110,733 6,900,462 3,700,987 631,075 21,436 652,511 45,573 485,056 535,228 121,176 1,187,033 - - 353,112 124,986 478,098 230,629 305,272 178,299 (5,265) - -

70804 32,721 0.01706% 467,451 631,148 338,509 57,721 8,473 66,194 4,168 44,365 48,954 54,281 151,768 - - 32,297 66,767 99,064 27,607 28,906 376 (4,185) - -

App II - 2

Page 34: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

70805 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70806 255,545 0.13326% 3,650,684 4,929,118 2,643,679 450,788 65,541 516,329 32,554 346,484 382,323 216,692 978,053 - - 252,234 3,679 255,913 214,971 273,688 200,573 32,907 - -

70807 11,408 0.00595% 162,976 220,049 118,021 20,124 (2,328) 17,796 1,453 15,468 17,068 759 34,748 - - 11,260 8,880 20,140 4,343 6,993 4,138 (865) - -

70808 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70809 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70812 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70813 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70901 210,815 0.10993% 3,011,681 4,066,343 2,180,939 371,883 37,956 409,839 26,856 285,836 315,402 172,107 800,201 - - 208,084 40,725 248,809 161,230 207,346 150,379 32,436 - -

70902 66,200 0.03452% 945,724 1,276,907 684,855 116,778 13,510 130,288 8,433 89,758 99,042 198,515 395,748 - - 65,342 175,188 240,530 52,220 72,138 48,902 (18,043) - -

70903 5,727 0.00299% 81,803 110,450 59,239 10,101 (1,658) 8,443 729 7,764 8,567 - 17,060 - - 5,652 5,012 10,664 1,690 3,083 1,993 (369) - -

70905 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

70908 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71001 5,422,504 2.82766% 77,465,438 104,593,078 56,097,358 9,565,456 269,018 9,834,474 690,771 7,352,184 8,112,668 1,527,138 17,682,761 - - 5,352,254 627,825 5,980,079 3,439,838 4,646,069 3,206,304 410,470 - -

71003 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71004 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71006 6,421,549 3.34863% 91,737,728 123,863,384 66,432,777 11,327,803 866,798 12,194,601 818,039 8,706,756 9,607,352 2,519,555 21,651,702 - - 6,338,358 - 6,338,358 4,621,813 6,034,175 4,132,552 524,803 - -

71008 2,022,414 1.05462% 28,892,039 39,009,748 20,922,453 3,567,598 432,162 3,999,760 257,635 2,742,121 3,025,756 1,269,797 7,295,309 - - 1,996,213 - 1,996,213 1,614,773 2,055,654 1,420,517 208,153 - -

71011 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71012 172,291 0.08984% 2,461,331 3,323,265 1,782,397 303,926 10,229 314,155 21,948 233,603 257,766 34,746 548,063 - - 170,059 1,211 171,270 110,976 149,909 104,178 11,731 - -

71015 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71016 1,231 0.00064% 17,588 23,747 12,737 2,172 (208) 1,964 157 1,669 1,842 93 3,761 - - 1,215 770 1,985 512 782 481 (0) - -

71017 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71018 4,179,068 2.17925% 59,701,824 80,608,820 43,233,662 7,371,999 148,831 7,520,830 532,370 5,666,253 6,252,351 844,760 13,295,734 - - 4,124,928 850,906 4,975,834 2,592,550 3,501,326 2,192,723 33,301 - -

71019 303,433 0.15823% 4,334,807 5,852,814 3,139,093 535,263 (22,293) 512,970 38,654 411,413 453,968 176,545 1,080,580 - - 299,501 158,606 458,107 155,140 242,380 212,542 12,411 - -

71020 - 0.00000% - - - - (13,585) (13,585) - - - - - - - - 43,571 43,571 (13,585) (13,554) (11,761) (4,670) - -

71024 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71025 433,945 0.22629% 6,199,297 8,370,231 4,489,282 765,491 67,914 833,405 55,280 588,370 649,229 172,849 1,465,728 - - 428,323 69,290 497,613 321,664 406,551 233,475 6,425 - -

71026 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71027 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71028 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71030 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71031 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71032 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71034 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71035 351,615 0.18336% 5,023,149 6,782,207 3,637,563 620,260 (127,612) 492,648 44,792 476,743 526,056 83,205 1,130,796 - - 347,060 584,463 931,523 77,996 154,669 43,631 (77,023) - -

71036 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71037 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71038 10,157 0.00530% 145,115 195,932 105,086 17,919 (6,630) 11,289 1,294 13,773 15,197 2,556 32,820 - - 10,026 24,644 34,670 (690) 1,896 8 (3,063) - -

71039 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71042 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71043 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71044 13,108 0.00684% 187,249 252,822 135,598 23,122 (694) 22,428 1,670 17,772 19,610 3,631 42,683 - - 12,937 7,449 20,386 6,970 9,936 6,030 (639) - -

71045 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71047 730 0.00038% 10,438 14,093 7,559 1,289 1,850 3,139 93 991 1,093 6,573 8,750 - - 721 - 721 2,277 2,444 2,256 1,052 - -

71101 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71103 571,224 0.29788% 8,160,467 11,018,183 5,909,482 1,007,657 23,634 1,031,291 72,768 774,504 854,615 101,951 1,803,838 - - 563,824 110,141 673,965 357,659 476,396 286,767 9,050 - -

71105 425,694 0.22199% 6,081,441 8,211,103 4,403,936 750,938 (73,628) 677,310 54,229 577,185 636,887 36,864 1,305,165 - - 420,180 272,225 692,405 175,298 276,888 179,932 (19,357) - -

71106 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71107 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71108 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71109 61,332 0.03198% 876,194 1,183,028 634,504 108,193 (3,566) 104,627 7,813 83,159 91,761 5,207 187,940 - - 60,538 20,290 80,828 32,298 45,699 28,587 528 - -

71112 557 0.00029% 7,945 10,727 5,753 981 1,011 1,992 71 754 832 14,590 16,247 - - 549 15,858 16,407 1,336 1,463 (514) (2,446) - -

71114 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71115 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71117 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71201 251,979 0.13140% 3,599,756 4,860,355 2,606,798 444,499 (73,003) 371,496 32,100 341,650 376,989 - 750,739 - - 248,715 212,127 460,842 74,342 136,983 93,196 (14,624) - -

71202 548,001 0.28577% 7,828,706 10,570,242 5,669,234 966,691 152,274 1,118,965 69,810 743,016 819,871 676,283 2,308,980 - - 540,902 135,916 676,818 472,719 592,404 447,357 119,682 - -

71205 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71206 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71207 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71209 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71210 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71213 11,247 0.00587% 160,675 216,942 116,355 19,840 (12,266) 7,574 1,433 15,250 16,827 - 33,510 - - 11,101 30,474 41,575 (5,689) (2,294) 292 (374) - -

71216 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71301 184,332 0.09612% 2,633,348 3,555,521 1,906,965 325,167 (53,184) 271,983 23,482 249,929 275,781 - 549,192 - - 181,944 132,174 314,118 54,604 102,968 80,977 (3,474) - -

71302 65,531 0.03417% 936,163 1,263,998 677,931 115,598 (21,871) 93,727 8,348 88,850 98,041 - 195,239 - - 64,682 60,655 125,337 16,448 32,552 22,840 (1,937) - -

71303 445,888 0.23252% 6,369,917 8,600,600 4,612,838 786,559 57,220 843,779 56,802 604,564 667,098 203,970 1,532,434 - - 440,111 151,938 592,049 317,954 405,009 223,385 (5,964) - -

71304 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71305 26,753 0.01395% 382,196 516,037 276,771 47,194 321 47,515 3,408 36,274 40,026 24,528 104,236 - - 26,407 16,337 42,744 15,965 22,352 18,298 4,878 - -

71307 2,285 0.00119% 32,656 44,091 23,648 4,032 (4,032) (0) 291 3,099 3,420 9,660 16,470 - - 2,256 14,848 17,104 (2,695) (1,436) 1,904 1,594 - -

71309 7,426 0.00387% 106,076 143,223 76,816 13,098 3,714 16,812 946 10,068 11,109 14,966 37,089 - - 7,329 7,944 15,273 8,056 9,541 5,161 (941) - -

71310 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71311 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71312 513 0.00027% 7,315 9,876 5,297 903 30 933 65 694 766 257 1,782 - - 505 367 872 329 416 184 (18) - -

71314 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71315 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71401 637,521 0.33245% 9,107,560 12,296,939 6,595,329 1,124,604 (54,609) 1,069,995 81,214 864,391 953,801 61,650 1,961,056 - - 629,261 280,489 909,750 318,182 462,873 288,623 (18,373) - -

71402 144,019 0.07510% 2,057,438 2,777,932 1,489,914 254,053 (22,121) 231,932 18,346 195,270 215,468 - 429,084 - - 142,153 52,931 195,084 62,094 97,490 71,693 2,722 - -

71404 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71406 27,925 0.01456% 398,935 538,638 288,893 49,261 (2,523) 46,738 3,557 37,863 41,779 13,644 96,843 - - 27,563 18,928 46,491 13,806 21,132 15,943 (529) - -

71407 30,112 0.01570% 430,193 580,843 311,529 53,120 774 53,894 3,836 40,829 45,053 17,743 107,461 - - 29,723 9,956 39,679 18,383 26,384 21,256 1,759 - -

71408 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71409 3,190 0.00166% 45,586 61,550 33,012 5,629 (156) 5,473 406 4,327 4,774 186 9,693 - - 3,150 536 3,686 1,710 2,442 1,700 155 - -

71501 1,284,900 0.67003% 18,355,962 24,784,040 13,292,650 2,266,600 37,347 2,303,947 163,683 1,742,150 1,922,352 721,545 4,549,730 - - 1,268,253 478,611 1,746,864 788,694 1,076,112 782,631 155,429 - -

71504 271,600 0.14163% 3,880,067 5,238,829 2,809,789 479,112 100,833 579,945 34,599 368,254 406,345 330,372 1,139,570 - - 268,082 120,623 388,705 259,652 314,849 184,369 (8,003) - -

71505 - 0.00000% - - - - (4,517) (4,517) - - - - - - - - 8,112 8,112 (4,517) (3,595) - - - -

71506 88,269 0.04603% 1,260,992 1,702,580 913,160 155,708 3,713 159,421 11,244 119,680 132,059 55,589 318,572 - - 87,125 34,516 121,641 55,328 75,044 54,982 11,576 - -

71601 705,549 0.36792% 10,079,420 13,609,134 7,299,111 1,244,610 (347,408) 897,202 89,880 956,630 1,055,580 184,316 2,286,406 - - 696,409 1,084,173 1,780,582 65,163 272,093 246,342 (77,776) - -

71603 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71604 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71605 303,167 0.15809% 4,331,026 5,847,710 3,136,355 534,796 (6,688) 528,108 38,620 411,054 453,572 82,117 985,363 - - 299,240 72,763 372,003 170,590 241,316 176,651 24,803 - -

71606 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71607 254,331 0.13263% 3,633,343 4,905,704 2,631,121 448,646 81,115 529,761 32,399 344,838 380,506 207,201 964,944 - - 251,035 - 251,035 229,835 282,344 182,601 19,129 - -

71608 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71609 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71610 3,183 0.00166% 45,477 61,402 32,932 5,615 38 5,653 406 4,316 4,763 8,459 17,944 - - 3,142 6,726 9,868 1,899 3,139 3,255 (217) - -

71611 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

App II - 3

Page 35: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

71612 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71614 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71701 403,570 0.21045% 5,765,378 7,784,358 4,175,055 711,911 (75,401) 636,510 51,411 547,188 603,787 146,049 1,348,435 - - 398,342 497,838 896,180 160,588 236,069 89,522 (33,926) - -

71702 137,250 0.07157% 1,960,731 2,647,360 1,419,883 242,112 (28,204) 213,908 17,484 186,091 205,340 5,311 414,226 - - 135,471 110,656 246,127 52,053 82,772 45,056 (11,781) - -

71705 42,997 0.02242% 614,237 829,337 444,806 75,846 (8,972) 66,874 5,477 58,297 64,327 134,604 262,705 - - 42,439 104,591 147,030 16,170 30,740 46,110 22,655 - -

71706 16,663 0.00869% 238,040 321,400 172,379 29,393 (7,858) 21,535 2,123 22,592 24,929 1,278 50,922 - - 16,447 20,099 36,546 1,885 6,110 5,521 860 - -

71707 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71802 60,051 0.03132% 857,893 1,158,319 621,252 105,933 39,138 145,071 7,650 81,422 89,844 261,709 440,625 - - 59,274 65,749 125,023 74,253 95,421 106,278 39,651 - -

71803 1,782,464 0.92950% 25,464,136 34,381,427 18,440,104 3,144,319 451,798 3,596,117 227,068 2,416,781 2,666,764 1,602,087 6,912,700 - - 1,759,372 123,740 1,883,112 1,494,098 1,914,801 1,416,460 204,229 - -

71805 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71807 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71808 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71809 1,286,547 0.67089% 18,379,494 24,815,814 13,309,691 2,269,506 253,004 2,522,510 163,893 1,744,383 1,924,816 719,158 4,552,250 - - 1,269,879 - 1,269,879 1,005,315 1,289,017 883,035 105,003 - -

71810 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71811 897 0.00047% 12,821 17,311 9,285 1,583 2,273 3,856 114 1,217 1,343 8,075 10,749 - - 886 - 886 2,798 3,003 2,771 1,292 - -

71812 6,311 0.00329% 90,159 121,732 65,289 11,133 6,933 18,066 804 8,557 9,442 14,949 33,752 - - 6,229 822 7,051 10,623 10,812 4,404 862 - -

71813 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71815 13,217 0.00689% 188,811 254,930 136,729 23,314 7,771 31,085 1,684 17,920 19,773 21,673 61,050 - - 13,045 1,607 14,652 15,499 17,577 10,709 2,613 - -

71817 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71819 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71901 424,166 0.22119% 6,059,607 8,181,622 4,388,124 748,242 (58,667) 689,575 54,034 575,113 634,600 24,287 1,288,034 - - 418,671 240,146 658,817 189,365 283,375 169,397 (12,919) - -

71902 7,630 0.00398% 109,007 147,180 78,939 13,460 (248) 13,212 972 10,346 11,416 1,781 24,515 - - 7,532 3,649 11,181 4,214 5,886 3,500 (266) - -

71904 45,750 0.02386% 653,577 882,453 473,294 80,704 (7,734) 72,970 5,828 62,030 68,447 11,420 147,725 - - 45,157 35,457 80,614 19,018 30,298 20,347 (2,552) - -

71905 36,992 0.01929% 528,461 713,523 382,690 65,255 3,949 69,204 4,712 50,156 55,344 18,891 129,103 - - 36,513 4,355 40,868 25,580 34,513 25,488 2,654 - -

71906 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72001 108,296 0.05647% 1,547,112 2,088,896 1,120,356 191,038 (39,168) 151,870 13,796 146,835 162,023 27,700 350,354 - - 106,893 162,637 269,530 24,158 50,427 25,115 (18,878) - -

72002 498,750 0.26008% 7,125,105 9,620,247 5,159,714 879,810 57,725 937,535 63,536 676,238 746,186 186,214 1,672,174 - - 492,289 - 492,289 349,370 461,328 324,400 44,786 - -

72004 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72006 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72007 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72009 570 0.00030% 8,136 10,986 5,892 1,005 1,442 2,447 73 772 852 5,124 6,821 - - 562 - 562 1,775 1,905 1,758 821 - -

72010 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72011 5,549 0.00289% 79,255 107,010 57,394 9,786 11,510 21,296 707 7,522 8,300 27,142 43,671 - - 5,476 1,437 6,913 14,754 14,201 5,852 1,951 - -

72012 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72101 1,186,103 0.61851% 16,944,567 22,878,389 12,270,575 2,092,320 (278,055) 1,814,265 151,097 1,608,196 1,774,542 - 3,533,835 - - 1,170,737 669,073 1,839,810 415,521 708,258 537,139 33,108 - -

72102 1,336,618 0.69700% 19,094,821 25,781,641 13,827,702 2,357,834 (59,186) 2,298,648 170,271 1,812,275 1,999,730 322,791 4,305,067 - - 1,319,302 788,801 2,108,103 722,404 990,674 525,593 (41,707) - -

72108 14,373 0.00750% 205,330 277,235 148,692 25,354 (2,688) 22,666 1,831 19,488 21,503 19,907 62,729 - - 14,187 40,254 54,441 5,717 8,263 4 (5,696) - -

72109 11,530 0.00601% 164,730 222,417 119,291 20,341 6,672 27,013 1,469 15,634 17,252 38,919 73,274 - - 11,382 13,578 24,960 13,415 15,710 13,135 6,055 - -

72110 2,978 0.00155% 42,545 57,444 30,810 5,254 7,421 12,675 379 4,038 4,456 24,896 33,769 - - 2,940 - 2,940 9,162 9,842 8,519 3,306 - -

72111 7,183 0.00375% 102,624 138,562 74,316 12,672 (1,998) 10,674 915 9,740 10,747 4,271 25,673 - - 7,091 10,780 17,871 2,203 4,075 2,598 (1,074) - -

72112 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72113 7,114 0.00371% 101,638 137,230 73,602 12,550 6,621 19,171 906 9,646 10,644 21,769 42,965 - - 7,022 - 7,022 10,781 12,224 9,609 3,329 - -

72114 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72115 683 0.00036% 9,753 13,168 7,063 1,204 1,729 2,933 87 926 1,021 6,143 8,177 - - 674 - 674 2,128 2,284 2,108 983 - -

72116 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72117 22,789 0.01188% 325,569 439,581 235,764 40,201 (7,411) 32,790 2,903 30,900 34,096 68,241 136,140 - - 22,494 52,851 75,345 5,915 15,359 27,994 11,526 - -

72119 222,886 0.11623% 3,184,137 4,299,190 2,305,824 393,178 149,065 542,243 28,393 302,204 333,463 899,594 1,563,654 - - 219,999 328,908 548,907 279,398 322,289 275,108 137,951 - -

72120 14,483 0.00755% 206,919 279,380 149,842 25,550 11,363 36,913 1,845 19,639 21,670 47,932 91,086 - - 14,296 50,070 64,366 19,833 17,693 (5,634) (5,172) - -

72122 31,499 0.01643% 450,000 607,586 325,872 55,566 (522) 55,044 4,013 42,709 47,127 5,468 99,317 - - 31,091 12,325 43,416 17,897 24,463 14,047 (506) - -

72123 30,134 0.01571% 430,495 581,250 311,747 53,158 (26,444) 26,714 3,839 40,858 45,084 12,035 101,816 - - 29,744 109,412 139,156 (8,823) (3,315) (13,269) (11,932) - -

72124 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72125 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72126 8,235 0.00429% 117,637 158,832 85,188 14,526 1,728 16,254 1,049 11,165 12,320 4,418 28,952 - - 8,128 424 8,552 6,543 8,156 5,050 651 - -

72127 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72201 405,041 0.21122% 5,786,391 7,812,728 4,190,272 714,505 20,920 735,425 51,598 549,182 605,987 96,961 1,303,728 - - 399,794 13,256 413,050 257,769 351,047 250,706 31,155 - -

72202 1,703,712 0.88843% 24,339,080 32,862,388 17,625,384 3,005,397 192,426 3,197,823 217,035 2,310,003 2,548,942 555,860 5,631,840 - - 1,681,640 - 1,681,640 1,188,675 1,570,993 1,079,276 111,257 - -

72203 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72204 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72205 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72206 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72207 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72210 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72301 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72302 1,589,460 0.82885% 22,706,905 30,658,641 16,443,428 2,803,855 3,439 2,807,294 202,481 2,155,095 2,378,010 497,484 5,233,070 - - 1,568,869 288,650 1,857,519 932,880 1,313,180 989,023 140,468 - -

72303 9,929 0.00518% 141,854 191,531 102,725 17,516 21,627 39,143 1,265 13,463 14,856 51,957 81,541 - - 9,801 - 9,801 27,433 27,560 14,215 2,533 - -

72304 2,092 0.00109% 29,889 40,355 21,644 3,691 (6,520) (2,829) 267 2,837 3,130 184 6,418 - - 2,065 22,070 24,135 (5,297) (4,840) (4,911) (2,670) - -

72305 5,723,145 2.98443% 81,760,385 110,392,072 59,207,585 10,095,797 (109,023) 9,986,774 729,070 7,759,814 8,562,462 375,470 17,426,816 - - 5,649,001 1,100,733 6,749,734 3,237,599 4,500,619 2,869,469 69,396 - -

72306 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72307 427,813 0.22309% 6,111,686 8,251,939 4,425,838 754,673 1,083,349 1,838,022 54,499 580,055 640,054 3,849,138 5,123,746 - - 422,270 - 422,270 1,333,513 1,431,113 1,320,793 616,058 - -

72309 647,413 0.33761% 9,248,894 12,487,767 6,697,678 1,142,056 112,504 1,254,560 82,474 877,805 968,602 486,999 2,415,880 - - 639,026 282,139 921,165 491,080 633,041 388,830 (18,237) - -

72314 226,461 0.11809% 3,235,202 4,368,138 2,342,803 399,484 16,213 415,697 28,849 307,051 338,811 58,410 733,121 - - 223,527 8,520 232,047 148,637 201,269 140,592 10,575 - -

72316 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72319 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72321 3,447 0.00180% 49,257 66,507 35,670 6,082 (518) 5,564 439 4,675 5,159 4,829 15,102 - - 3,403 8,442 11,845 1,498 2,256 679 (1,177) - -

72322 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72323 632,899 0.33004% 9,041,537 12,207,795 6,547,518 1,116,452 (47,154) 1,069,298 80,625 858,125 946,887 128,943 2,014,580 - - 624,699 379,686 1,004,385 322,935 452,677 248,521 (13,938) - -

72324 274,297 0.14304% 3,918,586 5,290,836 2,837,682 483,868 (28,339) 455,529 34,943 371,910 410,379 84,853 902,085 - - 270,744 224,435 495,179 132,057 192,764 106,137 (24,053) - -

72327 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72328 58,958 0.03075% 842,278 1,137,235 609,944 104,005 (7,844) 96,161 7,511 79,940 88,209 - 175,660 - - 58,195 19,666 77,861 26,632 40,385 28,474 2,308 - -

72329 337,930 0.17622% 4,827,654 6,518,251 3,495,993 596,120 (23,314) 572,806 43,049 458,189 505,582 46,036 1,052,856 - - 333,553 155,700 489,253 174,292 249,364 150,780 (10,832) - -

72330 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72331 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72332 255,236 0.13310% 3,646,273 4,923,163 2,640,485 450,243 (11,506) 438,737 32,514 346,065 381,861 30,288 790,728 - - 251,929 38,834 290,763 137,744 200,384 149,644 12,193 - -

72333 178,297 0.09298% 2,547,134 3,439,116 1,844,532 314,521 (30,505) 284,016 22,713 241,747 266,752 84,780 615,992 - - 175,987 201,434 377,421 73,754 116,751 69,167 (21,101) - -

72334 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72335 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72338 296,308 0.15452% 4,233,032 5,715,399 3,065,392 522,696 25,036 547,732 37,747 401,754 443,310 145,205 1,028,016 - - 292,469 174,991 467,460 198,303 249,409 117,439 (4,596) - -

72339 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72340 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72342 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72343 156,610 0.08167% 2,237,317 3,020,804 1,620,175 276,265 (1,385) 274,880 19,951 212,342 234,306 30,563 497,162 - - 154,581 21,235 175,816 90,193 127,185 93,000 10,967 - -

72346 316,627 0.16511% 4,523,289 6,107,300 3,275,584 558,537 53,021 611,558 40,335 429,302 473,707 118,317 1,061,661 - - 312,524 31,212 343,736 238,169 299,511 172,545 7,698 - -

72347 71,301 0.03718% 1,018,596 1,375,299 737,626 125,777 160,900 286,677 9,083 96,674 106,674 301,497 513,928 - - 70,377 24,078 94,455 202,593 184,614 32,863 (596) - -

72348 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72349 5,824 0.00304% 83,200 112,336 60,250 10,274 12,402 22,676 742 7,896 8,713 23,943 41,294 - - 5,748 - 5,748 15,808 14,811 4,201 727 - -

72350 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72351 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

App II - 4

Page 36: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

72352 105,658 0.05510% 1,509,416 2,037,999 1,093,058 186,383 80,661 267,044 13,460 143,257 158,076 462,788 777,581 - - 104,289 134,385 238,674 142,445 166,205 154,509 75,747 - -

72353 21,080 0.01099% 301,133 406,586 218,068 37,184 (2,554) 34,630 2,685 28,580 31,536 2,361 65,162 - - 20,806 9,278 30,084 9,772 14,923 10,524 (140) - -

72401 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72402 357,405 0.18638% 5,105,856 6,893,878 3,697,456 630,473 10,023 640,496 45,530 484,593 534,717 97,035 1,161,875 - - 352,775 131,802 484,577 219,016 293,855 170,768 (6,341) - -

72403 781,079 0.40731% 11,158,423 15,065,994 8,080,482 1,377,845 (147,280) 1,230,565 99,501 1,059,037 1,168,580 48,482 2,375,600 - - 770,960 535,390 1,306,350 309,457 493,750 310,039 (43,996) - -

72404 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72407 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72408 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72409 8,694 0.00453% 124,212 167,709 89,949 15,338 7,040 22,378 1,108 11,789 13,008 15,869 41,774 - - 8,582 198 8,780 12,124 13,394 7,161 314 - -

72411 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72412 41,682 0.02174% 595,471 803,999 431,216 73,529 11,954 85,483 5,310 56,516 62,361 30,663 154,850 - - 41,142 4,233 45,375 36,328 44,811 27,341 994 - -

72413 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72415 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72416 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72417 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72501 371,860 0.19391% 5,312,365 7,172,703 3,847,001 655,972 80,188 736,160 47,371 504,192 556,344 220,392 1,328,299 - - 367,043 53,113 420,156 297,634 374,688 229,341 6,479 - -

72502 32,065 0.01672% 458,082 618,498 331,725 56,564 (14,804) 41,760 4,085 43,476 47,973 - 95,534 - - 31,650 40,808 72,458 3,946 11,836 8,389 (1,096) - -

72504 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72506 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72507 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72509 53,285 0.02779% 761,214 1,027,784 551,241 93,995 30,772 124,767 6,788 72,246 79,719 91,135 249,888 - - 52,594 37,996 90,590 61,930 69,538 31,630 (3,802) - -

72510 38,790 0.02023% 554,131 748,182 401,279 68,424 43,893 112,317 4,941 52,592 58,032 267,731 383,296 - - 38,286 138,044 176,330 66,575 82,732 67,592 (9,933) - -

72512 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72513 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72601 6,421,753 3.34874% 91,740,632 123,867,305 66,434,880 11,328,161 (5,225) 11,322,936 818,065 8,707,032 9,607,656 1,792,834 20,925,587 - - 6,338,558 2,448,837 8,787,395 3,749,909 5,207,905 3,306,840 (126,462) - -

72602 537,596 0.28034% 7,680,057 10,369,538 5,561,589 948,336 22,835 971,171 68,484 728,908 804,304 153,545 1,755,241 - - 530,632 204,606 735,238 337,196 445,574 247,758 (10,525) - -

72604 3,244,404 1.69185% 46,349,287 62,580,355 33,564,291 5,723,224 735,428 6,458,652 413,304 4,398,975 4,853,989 2,126,362 11,792,630 - - 3,202,372 - 3,202,372 2,632,600 3,369,754 2,347,567 240,337 - -

72605 209,186 0.10908% 2,988,423 4,034,939 2,164,096 369,011 2,292 371,303 26,648 283,629 312,966 56,052 679,295 - - 206,477 97,114 303,591 124,614 165,971 89,309 (4,189) - -

72606 64,152 0.03345% 916,465 1,237,402 663,667 113,165 26,545 139,710 8,172 86,981 95,978 118,249 309,380 - - 63,321 79,679 143,000 64,058 75,815 36,363 (9,858) - -

72608 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72609 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72611 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72612 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72613 19,560 0.01020% 279,435 377,291 202,356 34,505 46,344 80,849 2,492 26,521 29,264 120,963 179,240 - - 19,307 - 19,307 57,782 59,260 35,782 7,109 - -

72614 30,961 0.01615% 442,302 597,192 320,297 54,616 7,292 61,908 3,944 41,979 46,321 17,874 110,118 - - 30,560 3,276 33,836 25,396 31,020 17,830 2,037 - -

72615 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72616 1,098 0.00057% 15,670 21,158 11,348 1,935 904 2,839 140 1,487 1,641 9,870 13,138 - - 1,083 3,365 4,448 1,545 2,178 3,387 1,579 - -

72617 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72619 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72620 975 0.00051% 13,917 18,791 10,078 1,718 2,467 4,185 124 1,321 1,457 8,766 11,668 - - 962 - 962 3,037 3,259 3,008 1,401 - -

72621 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72622 - 0.00000% - - - - (8,445) (8,445) - - - 5,579 5,579 - - - 32,980 32,980 (8,445) (9,079) (8,510) (1,367) - -

72701 826,135 0.43080% 11,802,083 15,935,057 8,546,594 1,457,325 59,789 1,517,114 105,241 1,120,126 1,235,988 221,515 2,682,870 - - 815,431 23,785 839,216 542,873 734,047 517,228 49,505 - -

72702 173,313 0.09038% 2,475,933 3,342,980 1,792,971 305,729 (27,203) 278,526 22,078 234,989 259,295 32,742 549,104 - - 171,068 144,305 315,373 74,142 112,977 62,200 (15,586) - -

72704 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72705 345,401 0.18012% 4,934,360 6,662,325 3,573,265 609,296 202,517 811,813 44,000 468,316 516,757 623,274 1,652,347 - - 340,926 - 340,926 404,491 480,241 352,863 73,825 - -

72801 383,453 0.19996% 5,477,971 7,396,303 3,966,927 676,422 59,772 736,194 48,848 519,910 573,688 190,197 1,332,643 - - 378,485 653 379,138 283,997 368,801 259,562 41,145 - -

72802 693,113 0.36144% 9,901,759 13,369,258 7,170,456 1,222,672 142,062 1,364,734 88,296 939,768 1,036,974 357,829 2,422,867 - - 684,134 - 684,134 547,361 691,918 448,903 50,549 - -

72803 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72806 31,714 0.01654% 453,069 611,729 328,094 55,945 (8,523) 47,422 4,040 43,000 47,448 3,162 97,650 - - 31,303 20,897 52,200 10,022 18,240 15,437 1,750 - -

72807 8,134 0.00424% 116,212 156,909 84,156 14,350 16,708 31,058 1,036 11,030 12,170 44,011 68,247 - - 8,029 - 8,029 21,465 21,911 13,100 3,743 - -

72808 - 0.00000% - - - - (481) (481) - - - 13,137 13,137 - - - 23,070 23,070 (481) (1,973) (6,050) (1,429) - -

72809 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72810 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72901 1,221,474 0.63696% 17,449,879 23,560,656 12,636,501 2,154,716 195,615 2,350,331 155,603 1,656,154 1,827,461 504,803 4,144,021 - - 1,205,650 - 1,205,650 909,875 1,178,449 785,119 64,929 - -

72902 358,001 0.18669% 5,114,377 6,905,381 3,703,626 631,525 (141,897) 489,628 45,606 485,401 535,610 - 1,066,617 - - 353,363 427,113 780,476 67,445 157,501 99,720 (38,526) - -

72903 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72904 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72905 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72907 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72908 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72909 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72910 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72911 873 0.00046% 12,465 16,830 9,027 1,539 2,176 3,715 111 1,183 1,305 7,322 9,921 - - 861 - 861 2,686 2,885 2,505 983 - -

72912 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

72913 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73001 214,552 0.11188% 3,065,075 4,138,435 2,219,604 378,476 (19,531) 358,945 27,332 290,904 320,994 88,926 728,156 - - 211,773 153,945 365,718 105,929 158,825 107,726 (10,042) - -

73002 791,326 0.41265% 11,304,798 15,263,627 8,186,480 1,395,920 (144,232) 1,251,688 100,807 1,072,930 1,183,910 21,070 2,378,717 - - 781,073 475,485 1,256,558 318,497 496,634 312,909 (5,881) - -

73003 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73004 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73005 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73006 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73010 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73101 205,999 0.10742% 2,942,891 3,973,463 2,131,123 363,389 (20,167) 343,222 26,242 279,307 308,198 14,863 628,610 - - 203,331 50,549 253,880 100,292 150,655 113,302 10,482 - -

73102 70,450 0.03674% 1,006,460 1,358,912 728,838 124,278 18,504 142,782 8,975 95,522 105,403 58,662 268,562 - - 69,538 - 69,538 59,700 75,352 54,239 9,732 - -

73105 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73201 4,517,264 2.35561% 64,533,259 87,132,176 46,732,393 7,968,586 38,767 8,007,353 575,453 6,124,801 6,758,329 462,853 13,921,436 - - 4,458,742 352,607 4,811,349 2,680,247 3,725,523 2,559,883 144,434 - -

73202 450,101 0.23471% 6,430,105 8,681,865 4,656,424 793,991 28,265 822,256 57,338 610,276 673,401 145,390 1,486,405 - - 444,270 30,117 474,387 291,463 397,569 289,335 33,652 - -

73203 364,808 0.19024% 5,211,604 7,036,656 3,774,034 643,530 (33,255) 610,275 46,473 494,629 545,792 55,448 1,142,342 - - 360,081 173,017 533,098 180,067 265,506 173,099 (9,428) - -

73204 192,524 0.10040% 2,750,382 3,713,539 1,991,716 339,618 18,429 358,047 24,526 261,037 288,037 37,887 611,487 - - 190,030 5,623 195,653 131,008 171,305 106,761 6,760 - -

73205 457,063 0.23834% 6,529,579 8,816,174 4,728,459 806,274 21,333 827,607 58,225 619,717 683,819 51,922 1,413,683 - - 451,143 - 451,143 288,602 390,418 261,945 21,576 - -

73206 164,628 0.08585% 2,351,858 3,175,456 1,703,121 290,408 (13,841) 276,567 20,972 223,213 246,301 2,952 493,438 - - 162,495 37,432 199,927 82,425 121,803 86,085 3,198 - -

73207 3,690 0.00192% 52,709 71,167 38,170 6,509 (4,527) 1,982 470 5,003 5,520 5,984 16,977 - - 3,642 24,574 28,216 (2,370) (2,207) (4,548) (2,115) - -

73208 345 0.00018% 4,931 6,658 3,571 609 (1,476) (867) 44 468 516 3,105 4,133 - - 341 4,641 4,982 (1,274) (814) 744 495 - -

73209 58,108 0.03030% 830,114 1,120,812 601,135 102,503 25,157 127,660 7,402 78,786 86,935 202,542 375,665 - - 57,354 81,096 138,450 59,135 73,280 70,971 33,829 - -

73212 15,361 0.00801% 219,439 296,284 158,909 27,096 8,127 35,223 1,957 20,827 22,981 29,789 75,554 - - 15,162 20,600 35,762 17,109 18,894 6,385 (2,596) - -

73213 21,193 0.01105% 302,776 408,806 219,258 37,387 (1,618) 35,769 2,700 28,736 31,709 1,587 64,732 - - 20,919 7,380 28,299 10,775 15,429 9,830 398 - -

73215 15,219 0.00794% 217,412 293,547 157,441 26,846 (8,026) 18,820 1,939 20,634 22,769 226 45,568 - - 15,021 27,639 42,660 873 4,482 1,064 (3,510) - -

73216 52,175 0.02721% 745,380 1,006,404 539,774 92,040 47,568 139,608 6,647 70,743 78,061 155,162 310,613 - - 51,500 48,592 100,092 78,078 80,851 37,883 13,708 - -

73217 183,600 0.09574% 2,622,910 3,541,428 1,899,406 323,878 (16,253) 307,625 23,389 248,938 274,688 46,202 593,217 - - 181,223 144,436 325,659 91,108 128,577 63,073 (15,199) - -

73218 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73219 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73222 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73223 13,469 0.00702% 192,427 259,813 139,348 23,761 6,080 29,841 1,716 18,263 20,152 41,600 81,731 - - 13,295 16,679 29,974 13,956 16,769 14,379 6,654 - -

73224 2,017 0.00105% 28,820 38,913 20,870 3,559 (7,991) (4,432) 257 2,735 3,018 18,151 24,161 - - 1,991 33,263 35,254 (6,811) (5,964) (1,221) 2,904 - -

73225 245,736 0.12814% 3,510,583 4,739,955 2,542,223 433,488 (1,262) 432,226 31,304 333,187 367,650 83,758 815,899 - - 242,554 154,453 397,007 142,433 191,752 99,002 (14,294) - -

73226 19,561 0.01020% 279,463 377,328 202,376 34,508 (39,573) (5,065) 2,492 26,524 29,267 13,000 71,283 - - 19,309 160,307 179,616 (28,134) (24,089) (31,936) (24,175) - -

App II - 5

Page 37: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

73227 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73228 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73301 384,738 0.20063% 5,496,326 7,421,086 3,980,219 678,688 (53,321) 625,367 49,012 521,652 575,610 - 1,146,274 - - 379,753 120,641 500,394 171,655 265,555 196,300 12,369 - -

73302 151,391 0.07895% 2,162,746 2,920,119 1,566,174 267,057 (41,324) 225,733 19,286 205,265 226,496 20,098 471,145 - - 149,429 172,078 321,507 47,202 79,457 36,982 (14,004) - -

73303 127,752 0.06662% 1,825,041 2,464,152 1,321,621 225,357 (58,051) 167,306 16,274 173,213 191,130 27,322 407,939 - - 126,096 187,107 313,203 16,652 52,250 41,048 (15,214) - -

73306 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73308 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73310 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73311 10,378 0.00541% 148,265 200,186 107,368 18,308 (24,410) (6,102) 1,322 14,072 15,527 6,888 37,809 - - 10,244 89,646 99,890 (18,341) (16,756) (18,445) (8,539) - -

73312 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73401 254,169 0.13254% 3,631,041 4,902,596 2,629,454 448,362 (54,381) 393,981 32,379 344,619 380,265 - 757,263 - - 250,876 160,862 411,738 94,245 154,287 102,292 (5,299) - -

73402 265,534 0.13847% 3,793,388 5,121,795 2,747,019 468,409 (43,882) 424,527 33,826 360,027 397,267 - 791,120 - - 262,093 121,974 384,067 111,389 174,350 120,235 1,080 - -

73405 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73406 9,112 0.00475% 130,184 175,773 94,274 16,075 (42,611) (26,536) 1,161 12,356 13,634 77,788 104,939 - - 8,995 270,846 279,841 (37,282) (44,039) (67,873) (25,709) - -

73407 17,143 0.00894% 244,889 330,647 177,339 30,239 22,063 52,302 2,184 23,242 25,646 132,914 183,986 - - 16,920 35,914 52,834 32,087 40,077 45,340 13,647 - -

73408 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73501 31,824 0.01660% 454,630 613,837 329,225 56,138 (14,017) 42,121 4,054 43,149 47,612 6,595 101,410 - - 31,411 55,542 86,953 4,592 12,206 4,555 (6,896) - -

73502 166,175 0.08666% 2,373,966 3,205,306 1,719,131 293,138 (14,836) 278,302 21,169 225,311 248,617 23,203 518,300 - - 164,022 69,566 233,588 82,335 121,881 82,491 (1,994) - -

73503 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73504 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73506 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73507 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73601 325,050 0.16950% 4,643,638 6,269,794 3,362,736 573,398 (24,235) 549,163 41,408 440,724 486,311 53,608 1,022,051 - - 320,839 83,875 404,714 165,839 244,906 185,357 21,235 - -

73602 527,833 0.27525% 7,540,586 10,181,226 5,460,590 931,114 (6,198) 924,916 67,241 715,671 789,698 185 1,572,795 - - 520,995 21,918 542,913 302,454 422,852 286,834 17,741 - -

73603 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73604 11,471 0.00598% 163,881 221,270 118,676 20,236 3,203 23,439 1,461 15,554 17,163 6,331 40,509 - - 11,323 529 11,852 9,911 11,917 6,455 374 - -

73606 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73607 10,046 0.00524% 143,526 193,787 103,935 17,723 (15,013) 2,710 1,280 13,622 15,031 21,053 50,986 - - 9,916 81,664 91,580 (9,138) (6,891) (12,254) (12,311) - -

73608 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73609 21,151 0.01103% 302,146 407,955 218,802 37,309 11,472 48,781 2,694 28,676 31,643 28,690 91,703 - - 20,876 - 20,876 23,839 27,686 17,039 2,265 - -

73610 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73611 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73612 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73613 3,781 0.00197% 54,024 72,943 39,122 6,671 8,679 15,350 482 5,127 5,658 18,280 29,547 - - 3,733 280 4,013 10,890 10,565 3,971 105 - -

73614 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73701 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73702 1,092,021 0.56945% 15,600,511 21,063,658 11,297,263 1,926,356 264,829 2,191,185 139,112 1,480,632 1,633,784 832,519 4,086,047 - - 1,077,873 6,733 1,084,606 903,390 1,153,287 828,744 116,021 - -

73703 398,484 0.20780% 5,692,725 7,686,262 4,122,443 702,939 (19,530) 683,409 50,763 540,292 596,178 57,225 1,244,458 - - 393,323 149,788 543,111 213,485 303,672 191,699 (7,510) - -

73707 71,226 0.03714% 1,017,528 1,373,856 736,853 125,645 (19,586) 106,059 9,073 96,573 106,562 - 212,208 - - 70,303 53,106 123,409 22,064 39,773 28,577 (1,615) - -

73708 110,140 0.05743% 1,573,439 2,124,442 1,139,422 194,289 (27,823) 166,466 14,031 149,334 164,780 1,384 329,529 - - 108,712 100,389 209,101 36,581 61,551 32,990 (10,694) - -

73709 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73710 9,318 0.00486% 133,115 179,731 96,397 16,437 4,075 20,512 1,187 12,634 13,941 11,728 39,490 - - 9,197 6,995 16,192 9,524 10,316 3,369 89 - -

73711 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73712 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73801 505,466 0.26358% 7,221,044 9,749,783 5,229,190 891,657 (6,274) 885,383 64,391 685,344 756,233 30,019 1,535,987 - - 498,918 43,203 542,121 289,298 404,000 276,690 23,878 - -

73802 - 0.00000% - - - - (15,171) (15,171) - - - - - - - - 30,520 30,520 (15,171) (12,844) (2,505) - - -

73803 1,050,662 0.54789% 15,009,670 20,265,910 10,869,400 1,853,399 (147,285) 1,706,114 133,844 1,424,556 1,571,907 3,064,147 6,194,454 - - 1,037,051 3,567,843 4,604,894 467,092 827,610 642,942 (348,084) - -

73805 12,205 0.00637% 174,373 235,437 126,274 21,532 13,768 35,300 1,555 16,550 18,261 52,049 88,415 - - 12,048 27,949 39,997 20,905 22,374 9,005 (3,866) - -

73806 12,941 0.00675% 184,866 249,604 133,872 22,827 (10,589) 12,238 1,648 17,545 19,360 - 38,553 - - 12,773 33,885 46,658 (3,022) 345 (1,311) (4,117) - -

73807 14,568 0.00760% 208,124 281,008 150,715 25,699 (6,887) 18,812 1,856 19,753 21,796 15,239 58,644 - - 14,380 29,725 44,105 1,632 4,970 4,988 2,949 - -

73808 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73809 6,512 0.00340% 93,035 125,616 67,373 11,488 2,130 13,618 830 8,830 9,743 24,444 43,847 - - 6,428 10,907 17,335 5,938 7,835 8,676 4,063 - -

73811 9,680 0.00505% 138,293 186,722 100,146 17,076 (14,948) 2,128 1,233 13,125 14,483 - 28,841 - - 9,555 38,277 47,832 (9,287) (5,400) (1,205) (3,099) - -

73812 34,219 0.01784% 488,847 660,037 354,004 60,363 (19,972) 40,391 4,359 46,396 51,195 2,323 104,273 - - 33,776 58,750 92,526 38 9,621 7,440 (5,353) - -

73815 1,902 0.00099% 27,176 36,693 19,680 3,356 (3,912) (556) 242 2,579 2,846 5,821 11,488 - - 1,878 20,466 22,344 (2,800) (3,027) (4,230) (797) - -

73816 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73817 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73819 10,810 0.00564% 154,429 208,509 111,831 19,069 5,550 24,619 1,377 14,657 16,173 24,809 57,016 - - 10,670 3,760 14,430 11,871 14,764 12,758 3,194 - -

73820 5,700 0.00297% 81,420 109,932 58,961 10,054 (7,622) 2,432 726 7,727 8,527 13,585 30,565 - - 5,625 38,208 43,833 (4,289) (4,182) (5,503) 706 - -

73821 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73822 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73901 430,418 0.22445% 6,148,917 8,302,207 4,452,799 759,270 82,719 841,989 54,831 583,589 643,953 244,563 1,526,936 - - 424,842 101,606 526,448 334,407 420,373 244,453 1,256 - -

73902 129,502 0.06753% 1,850,053 2,497,923 1,339,734 228,445 17,602 246,047 16,497 175,587 193,749 152,985 538,818 - - 127,824 157,480 285,304 93,328 120,045 59,515 (19,375) - -

73903 1,101,887 0.57460% 15,741,462 21,253,968 11,399,334 1,943,760 104,981 2,048,741 140,369 1,494,010 1,648,545 549,855 3,832,779 - - 1,087,612 104,991 1,192,603 749,312 1,012,619 763,371 114,874 - -

73904 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73906 92,256 0.04811% 1,317,948 1,779,480 954,405 162,741 (34,871) 127,870 11,752 125,085 138,024 35,319 310,180 - - 91,060 88,211 179,271 19,075 47,449 55,229 9,156 - -

73907 43,870 0.02288% 626,729 846,204 453,852 77,389 (619) 76,770 5,589 59,482 65,635 31,562 162,268 - - 43,302 27,509 70,811 25,034 34,704 25,530 6,189 - -

73909 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73910 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73911 247,723 0.12918% 3,538,965 4,778,276 2,562,776 436,992 10,697 447,689 31,557 335,880 370,623 63,844 801,904 - - 244,515 75,056 319,571 155,554 204,817 117,636 4,326 - -

73912 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73913 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73914 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73915 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73916 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73917 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73918 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74001 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74002 8,257 0.00431% 117,965 159,276 85,426 14,566 (4,031) 10,535 1,052 11,196 12,354 10,982 35,584 - - 8,150 34,727 42,877 798 1,666 (4,679) (5,077) - -

74003 6,029,851 3.14437% 86,141,956 116,308,027 62,380,543 10,636,835 (95,313) 10,541,522 768,141 8,175,666 9,021,327 1,228,645 19,193,779 - - 5,951,734 948,321 6,900,055 3,430,655 4,859,646 3,573,054 430,370 - -

74005 5,794,649 3.02172% 82,781,885 111,771,292 59,947,315 10,221,932 (252,489) 9,969,443 738,179 7,856,764 8,669,440 1,696,623 18,961,006 - - 5,719,579 2,912,604 8,632,183 3,135,945 4,486,540 2,890,642 (184,306) - -

74008 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74009 672 0.00035% 9,588 12,946 6,944 1,184 (1,590) (406) 86 910 1,004 5,781 7,781 - - 662 5,879 6,541 (1,198) (376) 1,981 832 - -

74010 154,682 0.08066% 2,209,785 2,983,630 1,600,237 272,865 (96,779) 176,086 19,705 209,729 231,423 - 460,857 - - 152,679 255,361 408,040 (6,328) 38,015 37,423 (16,293) - -

74013 198,897 0.10372% 2,841,418 3,836,454 2,057,641 350,859 (14,883) 335,976 25,337 269,677 297,571 70,244 662,829 - - 196,320 85,532 281,852 101,422 148,399 112,335 18,821 - -

74014 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74016 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74017 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74018 1,698 0.00089% 24,245 32,736 17,557 2,994 3,295 6,289 216 2,301 2,539 22,720 27,776 - - 1,675 25,090 26,765 4,287 3,529 (2,967) (3,837) - -

74020 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74021 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74022 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74024 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74101 56,425 0.02942% 806,088 1,088,373 583,737 99,536 16,186 115,722 7,188 76,505 84,419 84,641 252,753 - - 55,694 34,449 90,143 49,181 59,871 41,136 12,422 - -

74102 257,640 0.13435% 3,680,627 4,969,547 2,665,362 454,485 54,017 508,502 32,821 349,325 385,458 124,749 892,353 - - 254,302 11,261 265,563 204,673 256,958 156,693 8,464 - -

74103 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74106 5,778 0.00301% 82,543 111,449 59,774 10,192 3,691 13,883 736 7,834 8,644 16,941 34,155 - - 5,703 6,747 12,450 7,070 7,788 4,805 2,043 - -

App II - 6

Page 38: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

74109 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74201 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74202 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74203 3,573,077 1.86324% 51,044,675 68,920,022 36,964,503 6,303,012 (581,461) 5,721,551 455,173 4,844,610 5,345,719 172,768 10,818,270 - - 3,526,787 2,155,479 5,682,266 1,507,903 2,339,406 1,460,077 (171,382) - -

74204 118,609 0.06185% 1,694,418 2,287,787 1,227,030 209,227 (47,258) 161,969 15,109 160,816 177,450 82,695 436,070 - - 117,071 141,460 258,531 22,098 60,075 77,792 17,575 - -

74208 13,055 0.00681% 186,509 251,823 135,063 23,030 14,596 37,626 1,663 17,701 19,532 32,317 71,213 - - 12,886 - 12,886 22,230 23,259 11,246 1,592 - -

74211 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74213 62,948 0.03283% 899,261 1,214,173 651,209 111,041 (55,639) 55,402 8,019 85,348 94,176 1,520 189,063 - - 62,132 153,367 215,499 (18,830) 911 5,484 (14,001) - -

74214 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74215 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74216 45,780 0.02387% 654,015 883,045 473,612 80,758 (20,044) 60,714 5,832 62,072 68,493 56,432 192,829 - - 45,187 170,375 215,562 6,726 12,957 (17,716) (24,701) - -

74217 35,863 0.01870% 512,325 691,737 371,005 63,262 (3,331) 59,931 4,568 48,624 53,654 23,468 130,314 - - 35,398 25,882 61,280 17,640 25,961 20,359 5,074 - -

74218 29,603 0.01544% 422,906 571,004 306,252 52,221 (422) 51,799 3,771 40,138 44,289 3,846 92,044 - - 29,219 7,006 36,225 16,888 23,205 14,659 1,066 - -

74219 854 0.00045% 12,218 16,497 8,848 1,509 (246) 1,263 109 1,160 1,280 - 2,549 - - 844 708 1,552 254 462 314 (32) - -

74221 26,934 0.01405% 384,771 519,514 278,636 47,512 (20,380) 27,132 3,431 36,518 40,296 111 80,356 - - 26,585 67,102 93,687 (4,631) 1,501 (3,408) (6,794) - -

74222 53,912 0.02811% 770,200 1,039,917 557,748 95,105 4,500 99,605 6,868 73,099 80,660 53,260 213,887 - - 53,215 35,512 88,727 36,026 47,156 33,154 8,824 - -

74223 26,803 0.01398% 382,908 516,999 277,287 47,282 190 47,472 3,414 36,342 40,101 12,134 91,991 - - 26,456 15,898 42,354 15,863 20,847 11,523 1,405 - -

74224 27,264 0.01422% 389,483 525,877 282,048 48,094 (6,988) 41,106 3,473 36,966 40,789 6,445 87,673 - - 26,910 29,361 56,271 8,954 14,442 7,655 350 - -

74226 42,284 0.02205% 604,073 815,614 437,446 74,591 (3,761) 70,830 5,387 57,332 63,262 13,529 139,510 - - 41,737 37,728 79,465 20,965 29,498 13,779 (4,196) - -

74227 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74228 - 0.00000% - - - - (6,044) (6,044) - - - - - - - - 11,827 11,827 (6,044) (5,039) (744) - - -

74229 148,171 0.07727% 2,116,749 2,858,014 1,532,865 261,377 (18,565) 242,812 18,875 200,899 221,679 27,896 469,349 - - 146,251 49,525 195,776 68,078 106,782 88,496 10,218 - -

74230 1,323,613 0.69022% 18,909,024 25,530,780 13,693,155 2,334,892 (79,721) 2,255,171 168,615 1,794,641 1,980,272 94,539 4,038,067 - - 1,306,465 411,915 1,718,380 694,264 985,493 624,286 15,642 - -

74231 - 0.00000% - - - - (237) (237) - - - 10,156 10,156 - - - 15,700 15,700 (237) (1,390) (3,918) - - -

74233 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74234 23,823 0.01242% 340,336 459,518 246,457 42,025 20,407 62,432 3,035 32,301 35,642 59,419 130,397 - - 23,515 - 23,515 34,338 38,336 26,317 7,891 - -

74239 5,182 0.00270% 74,023 99,945 53,604 9,140 (1,499) 7,641 660 7,025 7,752 - 15,437 - - 5,114 4,288 9,402 1,531 2,795 1,904 (196) - -

74301 1,305,202 0.68062% 18,645,999 25,175,645 13,502,683 2,302,414 200,682 2,503,096 166,269 1,769,677 1,952,726 483,371 4,372,043 - - 1,288,292 - 1,288,292 963,901 1,238,519 800,196 81,135 - -

74302 1,194,367 0.62282% 17,062,615 23,037,776 12,356,060 2,106,897 (247,428) 1,859,469 152,150 1,619,399 1,786,904 105,437 3,663,890 - - 1,178,893 1,030,954 2,209,847 450,980 711,485 378,168 (86,590) - -

74304 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74305 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74306 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74307 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74308 - 0.00000% - - - - (7,855) (7,855) - - - - - - - - 14,108 14,108 (7,855) (6,253) - - - -

74310 - 0.00000% - - - - (8,354) (8,354) - - - 1,341 1,341 - - - 31,733 31,733 (8,354) (8,507) (8,873) (4,657) - -

74311 4,117 0.00215% 58,818 79,416 42,594 7,263 (8,958) (1,695) 524 5,582 6,160 5,932 18,198 - - 4,064 23,180 27,244 (6,550) (4,404) 823 1,085 - -

74312 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74313 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74401 394,221 0.20557% 5,631,797 7,603,998 4,078,321 695,416 (71,673) 623,743 50,220 534,509 589,797 3,361 1,177,887 - - 389,113 174,578 563,691 158,848 253,234 185,958 16,157 - -

74402 260,154 0.13566% 3,716,543 5,018,040 2,691,371 458,920 (55,454) 403,466 33,141 352,734 389,220 79,758 854,853 - - 256,784 241,883 498,667 96,672 163,161 113,902 (17,549) - -

74405 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74406 12,504 0.00652% 178,619 241,170 129,349 22,056 (3,624) 18,432 1,593 16,953 18,706 26,426 63,678 - - 12,341 27,472 39,813 3,687 8,936 11,739 (498) - -

74407 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74408 11,717 0.00611% 167,387 226,005 121,215 20,669 (497) 20,172 1,493 15,887 17,530 865 35,775 - - 11,565 3,221 14,786 6,355 8,975 5,695 (37) - -

74409 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74410 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74411 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74412 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74501 481,299 0.25098% 6,875,805 9,283,644 4,979,181 849,026 (99,235) 749,791 61,313 652,577 720,077 409,553 1,843,520 - - 475,064 781,308 1,256,372 182,206 305,627 183,171 (83,857) - -

74504 134,468 0.07012% 1,921,007 2,593,725 1,391,116 237,207 (5,583) 231,624 17,130 182,321 201,180 34,877 435,508 - - 132,727 73,381 206,108 73,048 102,484 59,957 (6,089) - -

74506 - 0.00000% - - - - (2,582) (2,582) - - - - - - - - 8,069 8,069 (2,582) (2,541) (2,098) (849) - -

74508 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74509 16,341 0.00852% 233,438 315,186 169,046 28,825 (11,929) 16,896 2,082 22,155 24,447 3,555 52,239 - - 16,129 47,782 63,911 (2,374) 950 (4,223) (6,026) - -

74510 4,514 0.00235% 64,489 87,073 46,701 7,963 (2,458) 5,505 575 6,121 6,754 - 13,450 - - 4,456 8,064 12,520 182 1,275 404 (931) - -

74511 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74601 1,967,868 1.02618% 28,112,798 37,957,625 20,358,159 3,471,377 266,654 3,738,031 250,686 2,668,164 2,944,149 701,890 6,564,889 - - 1,942,374 - 1,942,374 1,417,369 1,848,221 1,236,325 120,600 - -

74602 2,611,033 1.36157% 37,300,984 50,363,423 27,011,873 4,605,937 (104,192) 4,501,745 332,619 3,540,207 3,906,394 - 7,779,220 - - 2,577,205 295,911 2,873,116 1,422,614 2,022,232 1,379,518 81,739 - -

74604 523,168 0.27282% 7,473,933 10,091,231 5,412,322 922,884 381,886 1,304,770 66,646 709,345 782,717 1,184,971 2,743,679 - - 516,390 - 516,390 687,810 798,646 593,338 147,496 - -

74605 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74607 120,256 0.06271% 1,717,951 2,319,561 1,244,071 212,133 (19,140) 192,993 15,319 163,049 179,915 17,935 376,218 - - 118,697 88,554 207,251 51,179 79,004 47,263 (8,479) - -

74609 319,501 0.16661% 4,564,382 6,162,784 3,305,342 563,611 132,720 696,331 40,701 433,202 478,011 380,597 1,332,511 - - 315,363 - 315,363 319,550 389,206 270,392 38,001 - -

74610 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74611 3,642 0.00190% 52,024 70,243 37,674 6,424 9,222 15,646 464 4,938 5,448 32,765 43,615 - - 3,594 - 3,594 11,351 12,182 11,243 5,246 - -

74612 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74613 256,045 0.13352% 3,657,834 4,938,772 2,648,857 451,670 113,962 565,632 32,617 347,162 383,071 323,233 1,086,083 - - 252,728 - 252,728 263,685 315,609 214,536 39,525 - -

74616 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74618 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74619 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74620 1,309 0.00068% 18,684 25,227 13,530 2,307 (1,916) 391 167 1,773 1,957 2,143 6,040 - - 1,291 10,837 12,128 (1,151) (1,059) (2,243) (1,636) - -

74621 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75001 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75002 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75003 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75005 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75007 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75011 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75014 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75015 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75016 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75018 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75021 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75022 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

75025 - 0.00000% - - - - (40,722) (40,722) - - - - - - - - 80,723 80,723 (40,722) (34,195) (5,806) - - -

75026 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80101 3,050 0.00159% 43,559 58,813 31,544 5,379 2,217 7,596 388 4,134 4,562 5,804 14,888 - - 3,010 2,038 5,048 4,000 4,313 1,723 (197) - -

80103 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80201 17,425 0.00909% 248,944 336,122 180,275 30,740 17,140 47,880 2,220 23,627 26,071 36,374 88,292 - - 17,200 - 17,200 27,330 28,586 13,067 2,109 - -

80202 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80302 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80401 5,716 0.00298% 81,666 110,265 59,139 10,084 (226) 9,858 728 7,751 8,553 347 17,379 - - 5,643 1,486 7,129 3,117 4,381 2,755 (3) - -

80402 1,990 0.00104% 28,437 38,395 20,593 3,511 376 3,887 254 2,699 2,978 2,489 8,420 - - 1,965 2,916 4,881 1,540 1,712 349 (61) - -

80403 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80404 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80405 8,139 0.00424% 116,267 156,983 84,196 14,357 (12,982) 1,375 1,037 11,035 12,176 4,012 28,260 - - 8,033 53,081 61,114 (8,223) (6,822) (10,329) (7,480) - -

80406 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80407 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80409 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

App II - 7

Page 39: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

80502 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80503 209 0.00011% 2,986 4,032 2,162 369 (8,477) (8,108) 27 283 313 - 623 - - 206 18,623 18,829 (8,355) (7,336) (2,419) (97) - -

80601 6,156 0.00321% 87,940 118,736 63,683 10,859 15,217 26,076 784 8,346 9,210 54,119 72,459 - - 6,076 110 6,186 18,817 20,234 18,633 8,589 - -

80602 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80603 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80606 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80701 12,182 0.00635% 174,017 234,956 126,016 21,488 4,667 26,155 1,552 16,516 18,224 34,550 70,842 - - 12,023 15,605 27,628 11,790 14,240 11,776 5,409 - -

80702 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80704 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

80801 15,059 0.00785% 215,138 290,477 155,794 26,565 (28,675) (2,110) 1,918 20,419 22,531 110,179 155,047 - - 14,864 157,671 172,535 (19,869) (16,107) 742 17,748 - -

80902 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81001 17,371 0.00906% 248,177 335,086 179,720 30,645 (53,259) (22,614) 2,213 23,554 25,991 7,547 59,305 - - 17,147 181,080 198,227 (43,101) (39,994) (39,112) (16,714) - -

81002 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81003 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81004 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81102 11,112 0.00580% 158,758 214,353 114,966 19,603 1,274 20,877 1,416 15,068 16,626 4,286 37,396 - - 10,969 605 11,574 7,772 10,187 6,922 940 - -

81201 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81301 8,561 0.00446% 122,294 165,120 88,560 15,101 20,460 35,561 1,091 11,607 12,807 62,053 87,558 - - 8,450 336 8,786 25,466 27,458 21,133 4,714 - -

81401 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81402 - 0.00000% - - - - (448) (448) - - - - - - - - 1,182 1,182 (448) (445) (289) - - -

81403 212 0.00011% 3,014 4,069 2,182 372 (262) 110 27 286 316 673 1,302 - - 208 1,070 1,278 (139) (60) 108 115 - -

81501 6,997 0.00365% 99,967 134,974 72,392 12,344 (11,643) 701 891 9,488 10,469 6,386 27,234 - - 6,907 52,868 59,775 (7,551) (6,681) (10,887) (7,421) - -

81601 1,750 0.00091% 24,985 33,734 18,093 3,085 3,578 6,663 223 2,371 2,617 15,067 20,278 - - 1,726 1,452 3,178 4,601 5,165 5,162 2,171 - -

81701 - 0.00000% - - - - (630) (630) - - - - - - - - 1,132 1,132 (630) (502) - - - -

81802 65,519 0.03417% 935,998 1,263,776 677,812 115,577 32,924 148,501 8,346 88,835 98,024 79,594 274,799 - - 64,670 7,311 71,981 71,236 82,984 47,138 1,462 - -

81805 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81806 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

81901 - 0.00000% - - - - (6) (6) - - - 258 258 - - - 398 398 (6) (35) (99) - - -

81902 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82001 221 0.00012% 3,150 4,254 2,281 389 (184) 205 28 299 330 1,654 2,311 - - 218 2,034 2,252 (55) 90 200 (176) - -

82101 10,272 0.00536% 146,758 198,152 106,276 18,122 6,761 24,883 1,309 13,929 15,369 42,573 73,180 - - 10,140 32,596 42,736 12,768 15,128 7,192 (4,645) - -

82106 - 0.00000% - - - - (243) (243) - - - 109 109 - - - 808 808 (243) (255) (202) - - -

82107 - 0.00000% - - - - (3,268) (3,268) - - - - - - - - 8,671 8,671 (3,268) (3,259) (2,144) - - -

82108 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82109 - 0.00000% - - - - (17) (17) - - - 593 593 - - - 969 969 (17) (84) (247) (27) - -

82110 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82201 15,734 0.00821% 224,781 303,497 162,777 27,756 11,270 39,026 2,004 21,334 23,540 28,611 75,489 - - 15,531 4,250 19,781 20,471 22,075 10,805 2,357 - -

82301 49,948 0.02605% 713,546 963,423 516,721 88,109 34,740 122,849 6,363 67,722 74,727 93,988 242,800 - - 49,300 - 49,300 63,947 74,031 49,187 6,334 - -

82306 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82307 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82308 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82309 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82312 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82313 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82401 1,910 0.00100% 27,286 36,841 19,759 3,369 (452) 2,917 243 2,590 2,858 600 6,291 - - 1,885 2,484 4,369 665 1,032 390 (166) - -

82402 13,489 0.00703% 192,701 260,183 139,546 23,795 31,351 55,146 1,718 18,289 20,181 111,282 151,470 - - 13,314 1,468 14,782 39,239 42,482 38,519 16,448 - -

82406 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82501 2,946 0.00154% 42,080 56,816 30,472 5,196 (2,594) 2,602 375 3,994 4,407 - 8,776 - - 2,907 7,160 10,067 (872) 33 201 (652) - -

82502 - 0.00000% - - - - (7,632) (7,632) - - - - - - - - 15,655 15,655 (7,632) (6,533) (1,491) - - -

82601 34,393 0.01794% 491,340 663,403 355,809 60,671 (10,451) 50,220 4,381 46,633 51,456 947 103,417 - - 33,948 33,010 66,958 9,661 18,132 11,584 (2,917) - -

82602 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82603 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82604 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82701 1,497 0.00078% 21,396 28,889 15,494 2,642 (3,277) (635) 191 2,031 2,241 10,793 15,256 - - 1,478 17,040 18,518 (2,401) (2,093) (464) 1,696 - -

82702 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

82801 3,066 0.00160% 43,806 59,146 31,722 5,409 (6,576) (1,167) 391 4,158 4,588 - 9,137 - - 3,027 13,424 16,451 (4,783) (3,038) 603 (96) - -

82901 8,829 0.00460% 126,129 170,299 91,338 15,574 7,192 22,766 1,125 11,971 13,209 24,992 51,297 - - 8,715 21,788 30,503 12,355 11,530 (1,031) (2,061) - -

83001 367 0.00019% 5,233 7,065 3,789 646 (6,311) (5,665) 47 497 548 1,474 2,566 - - 362 25,292 25,654 (6,097) (6,180) (6,911) (3,901) - -

83005 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83101 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83202 3,151 0.00164% 45,011 60,773 32,595 5,558 (741) 4,817 401 4,272 4,714 - 9,387 - - 3,110 2,033 5,143 1,101 1,866 1,311 (33) - -

83203 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83204 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83205 17,258 0.00900% 246,533 332,867 178,529 30,442 10,571 41,013 2,198 23,398 25,818 35,458 86,872 - - 17,034 - 17,034 20,662 24,372 18,983 5,821 - -

83206 39,199 0.02044% 559,994 756,098 405,525 69,148 (17,912) 51,236 4,994 53,149 58,646 - 116,789 - - 38,691 59,532 98,223 5,010 14,363 6,074 (6,881) - -

83207 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83301 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83402 - 0.00000% - - - - (7,698) (7,698) - - - - - - - - 22,375 22,375 (7,698) (7,534) (5,551) (1,593) - -

83501 8,348 0.00435% 119,253 161,014 86,358 14,725 7,069 21,794 1,063 11,318 12,489 26,649 51,519 - - 8,239 10,586 18,825 11,950 13,825 8,236 (1,317) - -

83601 9,380 0.00489% 133,992 180,915 97,032 16,545 (120) 16,425 1,195 12,717 14,032 3,571 31,515 - - 9,258 4,631 13,889 5,365 7,569 4,953 (261) - -

83701 4,770 0.00249% 68,160 92,029 49,359 8,416 5,763 14,179 608 6,469 7,138 22,788 37,003 - - 4,709 2,873 7,582 8,553 9,465 7,908 3,495 - -

83802 2,493 0.00130% 35,614 48,086 25,790 4,398 6,168 10,566 318 3,380 3,730 20,102 27,530 - - 2,461 - 2,461 7,626 8,168 6,824 2,450 - -

83805 11,252 0.00587% 160,757 217,053 116,414 19,850 (344) 19,506 1,433 15,257 16,836 29,496 63,022 - - 11,107 21,171 32,278 6,236 9,242 10,229 5,037 - -

83806 1,841 0.00096% 26,300 35,510 19,045 3,248 228 3,476 235 2,496 2,754 2,000 7,485 - - 1,817 873 2,690 1,305 1,729 1,377 384 - -

83810 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

83901 2,859 0.00149% 40,847 55,151 29,580 5,044 (2,959) 2,085 364 3,877 4,278 2,112 10,631 - - 2,822 7,661 10,483 (1,287) 23 1,589 (175) - -

84002 52,328 0.02729% 747,544 1,009,327 541,341 92,307 45,312 137,619 6,666 70,949 78,288 126,508 282,411 - - 51,649 - 51,649 75,911 86,059 58,387 10,405 - -

84003 78,977 0.04118% 1,128,261 1,523,367 817,041 139,318 (3,753) 135,565 10,061 107,082 118,159 79,800 315,102 - - 77,954 63,208 141,162 42,429 62,008 53,951 15,552 - -

84004 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84005 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84006 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84007 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84008 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84009 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84010 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84011 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84101 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84203 16,632 0.00867% 237,602 320,808 172,062 29,339 4,804 34,143 2,119 22,551 24,883 15,439 64,992 - - 16,416 12,393 28,809 14,530 16,570 5,847 (763) - -

84207 10,606 0.00553% 151,498 204,551 109,709 18,707 (4,469) 14,238 1,351 14,379 15,866 19,217 50,813 - - 10,467 19,563 30,030 1,732 6,373 10,949 1,728 - -

84208 2,514 0.00131% 35,916 48,493 26,009 4,435 3,031 7,466 320 3,409 3,761 7,397 14,887 - - 2,481 - 2,481 4,501 4,767 2,644 495 - -

84209 25,205 0.01314% 360,088 486,187 260,761 44,464 27,202 71,666 3,211 34,176 37,711 61,158 136,256 - - 24,879 15,158 40,037 41,941 42,362 13,276 (1,359) - -

84210 6,477 0.00338% 92,542 124,950 67,015 11,427 (26,504) (15,077) 825 8,783 9,692 1,736 21,036 - - 6,394 65,491 71,885 (22,716) (17,639) (5,488) (5,004) - -

84211 2,298 0.00120% 32,820 44,313 23,767 4,053 4,997 9,050 293 3,115 3,437 17,838 24,683 - - 2,268 219 2,487 6,340 6,890 6,262 2,703 - -

84212 1,595 0.00083% 22,793 30,775 16,506 2,815 (592) 2,223 203 2,163 2,387 2,160 6,913 - - 1,575 3,392 4,967 341 675 573 357 - -

84213 8,584 0.00448% 122,623 165,564 88,798 15,141 21,736 36,877 1,093 11,638 12,842 77,228 102,801 - - 8,472 - 8,472 26,755 28,713 26,500 12,361 - -

84214 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84215 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

App II - 8

Page 40: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

Police Officers Retirement System (PORS) - Allocation of the Net Pension Liability and Pension Expense for the Plan Year Ending June 30, 2017

Deferred Amounts Change in Change in

from Changes in Proportion & Proporation &

Proportionate Proportion & Differences Differences Between Total Differences Between Total

Discount Rate Discount Rate Share of Between Employer Contrib. Total Employer Contrib. Deferred Employer Contrib. Deferred

Participating Actual Proportionate Discount Rate Less 1.00% Plus 1.00% Aggregate Plan & Proportionate Share Employer Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of

Employer Contributions Share 7.25% 6.25% 8.25% Pension Expense of Plan Contributions Pension Expense Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

Aggregate - PORS 191,766,547 100.0000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 N/A 189,282,172 112,135,886 155,885,184 106,434,098 7,605,357 - -

Employer

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Pension Expense Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources Future Plan Years Ending June 30,

84301 18,377 0.00958% 262,532 354,468 190,115 32,418 (11,542) 20,876 2,341 24,917 27,494 - 54,752 - - 18,139 29,037 47,176 (796) 4,602 5,169 (1,398) - -

84401 10,874 0.00567% 155,360 209,766 112,506 19,184 (2,366) 16,818 1,385 14,745 16,270 17,976 50,376 - - 10,734 43,271 54,005 3,993 4,555 (5,872) (6,304) - -

84501 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84506 204 0.00011% 2,904 3,921 2,103 359 515 874 26 276 304 1,829 2,435 - - 201 - 201 634 680 628 293 - -

84601 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84603 9,735 0.00508% 139,088 187,795 100,722 17,175 7,036 24,211 1,240 13,201 14,566 14,586 43,593 - - 9,610 3,244 12,854 12,729 13,293 4,550 167 - -

84604 4,841 0.00253% 69,174 93,398 50,093 8,542 111 8,653 617 6,565 7,244 911 15,337 - - 4,779 1,238 6,017 2,942 3,944 2,355 79 - -

84605 - 0.00000% - - - - (165) (165) - - - - - - - - 297 297 (165) (131) - - - -

84606 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

90203 684,623 0.35701% 9,780,451 13,205,470 7,082,610 1,207,693 (99,605) 1,108,088 87,214 928,255 1,024,270 - 2,039,739 - - 675,752 271,278 947,030 300,729 461,204 318,625 12,150 - -

90208 11,602 0.00605% 165,743 223,785 120,025 20,466 6,107 26,573 1,478 15,731 17,358 29,256 63,823 - - 11,452 20,408 31,860 12,891 13,256 3,927 1,888 - -

90403 999,185 0.52104% 14,274,263 19,272,970 10,336,847 1,762,590 72,535 1,835,125 127,286 1,354,759 1,494,891 401,055 3,377,991 - - 986,240 126,801 1,113,041 656,810 881,777 628,405 97,958 - -

90407 43,693 0.02279% 624,209 842,801 452,027 77,078 (13,797) 63,281 5,566 59,243 65,371 - 130,180 - - 43,128 32,355 75,483 11,753 23,464 19,622 (142) - -

90704 416,353 0.21712% 5,947,997 8,030,928 4,307,301 734,461 (2,291) 732,170 53,039 564,520 622,912 216,424 1,456,895 - - 410,960 259,359 670,319 241,173 340,492 222,829 (17,917) - -

90705 490,037 0.25554% 7,000,619 9,452,167 5,069,567 864,439 40,873 905,312 62,426 664,423 733,149 169,990 1,629,988 - - 483,688 22,449 506,137 327,423 441,768 317,943 36,717 - -

90707 101,113 0.05273% 1,444,488 1,950,334 1,046,040 178,366 (9,698) 168,668 12,881 137,095 151,276 21,222 322,474 - - 99,803 59,645 159,448 49,428 72,857 45,521 (4,781) - -

90709 1,238,609 0.64589% 17,694,659 23,891,156 12,813,761 2,184,942 (6,561) 2,178,381 157,786 1,679,386 1,853,096 480,760 4,171,028 - - 1,222,562 288,669 1,511,231 717,718 1,021,284 796,845 123,950 - -

90710 88,606 0.04621% 1,265,814 1,709,090 916,652 156,303 (4,216) 152,087 11,287 120,137 132,564 3,919 267,907 - - 87,458 20,431 107,889 47,596 67,771 44,318 333 - -

90711 477,674 0.24909% 6,823,999 9,213,697 4,941,666 842,630 357,119 1,199,749 60,851 647,660 714,652 964,259 2,387,422 - - 471,485 - 471,485 636,439 724,663 473,034 81,801 - -

90803 462,305 0.24108% 6,604,451 8,917,265 4,782,678 815,520 (11,110) 804,410 58,893 626,823 691,660 35,777 1,413,153 - - 456,316 93,199 549,515 259,224 363,632 236,953 3,829 - -

90807 13,598 0.00709% 194,262 262,291 140,677 23,988 (3,513) 20,475 1,732 18,437 20,344 9,926 50,439 - - 13,422 13,173 26,595 4,439 8,394 8,928 2,083 - -

90809 6,557 0.00342% 93,666 126,466 67,829 11,566 (1,496) 10,070 835 8,890 9,809 21,287 40,821 - - 6,472 26,558 33,030 2,338 4,663 3,529 (2,739) - -

90810 9,223 0.00481% 131,773 177,918 95,425 16,271 (18,697) (2,426) 1,175 12,506 13,800 11,925 39,406 - - 9,104 79,097 88,201 (13,303) (12,554) (16,096) (6,841) - -

91007 927,508 0.48367% 13,250,297 17,890,421 9,595,333 1,636,151 134,753 1,770,904 118,155 1,257,575 1,387,654 539,301 3,302,685 - - 915,492 273,939 1,189,431 677,115 882,779 559,213 (5,853) - -

91009 137,885 0.07190% 1,969,826 2,659,640 1,426,469 243,235 4,717 247,952 17,565 186,955 206,293 17,820 428,633 - - 136,100 959 137,059 85,346 116,912 81,464 7,852 - -

91203 28,405 0.01481% 405,784 547,885 293,852 50,106 (9,860) 40,246 3,618 38,513 42,496 5,852 90,479 - - 28,036 20,707 48,743 6,750 15,582 17,404 2,000 - -

91503 28,679 0.01496% 409,701 553,175 296,689 50,590 36,179 86,769 3,653 38,884 42,906 106,608 192,051 - - 28,307 - 28,307 52,949 58,948 42,921 8,926 - -

91604 15,352 0.00801% 219,302 296,099 158,810 27,079 (9,175) 17,904 1,956 20,814 22,967 3,005 48,742 - - 15,152 37,562 52,714 (199) 3,136 (1,673) (5,236) - -

91605 9,194 0.00479% 131,335 177,327 95,107 16,217 (4,321) 11,896 1,171 12,465 13,754 2,368 29,758 - - 9,074 9,195 18,269 1,055 4,197 5,723 514 - -

91803 186,953 0.09749% 2,670,798 3,606,085 1,934,084 329,791 (105,079) 224,712 23,816 253,483 279,703 - 557,002 - - 184,531 348,187 532,718 4,242 48,921 11,527 (40,406) - -

91804 2,848 0.00149% 40,682 54,929 29,461 5,023 (50) 4,973 363 3,861 4,261 447 8,932 - - 2,811 434 3,245 1,615 2,305 1,667 99 - -

91807 54,590 0.02847% 779,871 1,052,974 564,751 96,299 (18,626) 77,673 6,954 74,017 81,673 - 162,644 - - 53,883 51,029 104,912 13,296 26,892 19,277 (1,732) - -

92109 33,320 0.01738% 475,999 642,689 344,699 58,776 8,851 67,627 4,245 45,177 49,850 90,756 190,028 - - 32,888 44,897 77,785 28,335 35,872 32,676 15,361 - -

92114 76,859 0.04008% 1,097,989 1,482,493 795,119 135,580 81,373 216,953 9,791 104,209 114,988 202,408 431,396 - - 75,862 1,845 77,707 126,316 133,497 73,512 20,365 - -

92116 47,475 0.02476% 678,233 915,744 491,149 83,748 61,310 145,058 6,048 64,371 71,029 200,215 341,663 - - 46,861 33,578 80,439 89,071 92,658 56,374 23,121 - -

92117 81,298 0.04239% 1,161,409 1,568,124 841,046 143,411 124,520 267,931 10,356 110,228 121,630 405,389 647,603 - - 80,244 - 80,244 172,059 190,591 155,648 49,061 - -

92118 12,431 0.00648% 177,578 239,765 128,595 21,927 3,811 25,738 1,583 16,854 18,597 12,332 49,366 - - 12,269 2,971 15,240 11,080 13,315 8,141 1,591 - -

92202 39,228 0.02046% 560,405 756,653 405,822 69,199 (31,738) 37,461 4,997 53,188 58,689 31,272 148,146 - - 38,720 165,761 204,481 (8,799) (1,840) (21,451) (24,245) - -

92204 349,906 0.18247% 4,998,740 6,749,249 3,619,886 617,246 80,694 697,940 44,575 474,426 523,499 1,009,746 2,052,246 - - 345,374 647,281 992,655 285,303 348,884 276,628 148,775 - -

92302 591,620 0.30851% 8,451,819 11,411,564 6,120,468 1,043,633 (12,716) 1,030,917 75,366 802,156 885,128 154,282 1,916,932 - - 583,954 236,082 820,036 333,234 469,922 304,667 (10,927) - -

92310 174,425 0.09096% 2,491,822 3,364,434 1,804,478 307,691 (47,468) 260,223 22,220 236,497 260,959 41,892 561,568 - - 172,165 196,314 368,479 54,527 97,593 60,120 (19,151) - -

92313 92,487 0.04823% 1,321,263 1,783,956 956,805 163,150 (1,906) 161,244 11,782 125,400 138,371 37,129 312,682 - - 91,289 44,532 135,821 52,176 74,639 51,441 (1,395) - -

92318 11,907 0.00621% 170,099 229,666 123,179 21,004 12,326 33,330 1,517 16,144 17,814 45,906 81,381 - - 11,753 1,074 12,827 19,289 22,127 19,527 7,612 - -

92319 269,599 0.14059% 3,851,466 5,200,212 2,789,077 475,580 (76,195) 399,385 34,344 365,540 403,350 - 803,234 - - 266,106 241,541 507,647 81,453 144,106 86,342 (16,315) - -

92404 28,530 0.01488% 407,592 550,327 295,162 50,330 16,551 66,881 3,635 38,684 42,686 39,704 124,709 - - 28,161 - 28,161 33,235 37,703 21,807 3,802 - -

92502 80,787 0.04213% 1,154,122 1,558,284 835,769 142,511 8,604 151,115 10,291 109,537 120,867 32,286 272,981 - - 79,741 30,867 110,608 55,845 70,608 36,384 (465) - -

92606 1,097,968 0.57255% 15,685,465 21,178,362 11,358,784 1,936,846 34,501 1,971,347 139,870 1,488,695 1,642,681 408,247 3,679,493 - - 1,083,743 410,439 1,494,182 676,540 928,335 598,983 (18,547) - -

92609 7,481 0.00390% 106,870 144,295 77,391 13,196 (1,070) 12,126 953 10,143 11,192 343 22,631 - - 7,384 4,270 11,654 3,304 5,009 3,031 (368) - -

92805 95,774 0.04994% 1,368,219 1,847,356 990,809 168,948 31,158 200,106 12,201 129,857 143,288 65,142 350,488 - - 94,533 627 95,160 87,162 104,701 59,763 3,700 - -

93005 236,883 0.12353% 3,384,097 4,569,175 2,450,627 417,869 9,923 427,792 30,177 321,182 354,404 83,092 788,855 - - 233,815 86,854 320,669 148,441 200,488 123,380 (4,124) - -

93706 54,566 0.02845% 779,515 1,052,493 564,493 96,255 (12,773) 83,482 6,951 73,983 81,636 7,763 170,333 - - 53,858 30,211 84,069 19,134 34,546 31,061 1,522 - -

93808 27,588 0.01439% 394,113 532,128 285,401 48,665 (27,219) 21,446 3,514 37,405 41,274 19,870 102,063 - - 27,230 85,047 112,277 (11,087) (363) 7,310 (6,073) - -

94215 81,025 0.04225% 1,157,519 1,562,871 838,229 142,931 15,612 158,543 10,322 109,859 121,223 136,544 377,948 - - 79,976 43,730 123,706 62,992 86,444 82,881 21,925 - -

94216 266,188 0.13881% 3,802,730 5,134,408 2,753,784 469,562 9,764 479,326 33,910 360,914 398,246 63,835 856,905 - - 262,739 15,651 278,390 165,418 227,923 165,531 19,642 - -

94218 87,235 0.04549% 1,246,226 1,682,642 902,467 153,884 35 153,919 11,113 118,278 130,513 17,292 277,196 - - 86,104 11,818 97,922 51,046 71,196 50,880 6,151 - -

94219 57,629 0.03005% 823,293 1,111,602 596,196 101,660 2,486 104,146 7,341 78,138 86,220 15,064 186,763 - - 56,883 8,003 64,886 36,185 49,710 34,427 1,555 - -

94220 75,170 0.03920% 1,073,880 1,449,943 777,661 132,603 64,209 196,812 9,576 101,921 112,464 145,857 369,818 - - 74,197 - 74,197 108,165 117,781 62,440 7,235 - -

94221 62,740 0.03272% 896,302 1,210,178 649,066 110,676 22,789 133,465 7,992 85,067 93,866 118,806 305,731 - - 61,927 93,052 154,979 59,476 71,038 32,232 (11,994) - -

94224 10,286 0.00536% 146,950 198,411 106,415 18,145 (2,508) 15,637 1,310 13,947 15,390 1,278 31,925 - - 10,153 9,356 19,509 3,507 6,000 3,757 (848) - -

94225 84,588 0.04411% 1,208,420 1,631,597 875,089 149,216 (13,377) 135,839 10,776 114,690 126,553 53,220 305,239 - - 83,492 54,848 138,340 36,086 61,614 61,184 8,015 - -

94226 78,353 0.04086% 1,119,357 1,511,345 810,593 138,219 57,280 195,499 9,981 106,237 117,226 174,900 408,344 - - 77,339 - 77,339 103,098 118,425 85,762 23,720 - -

94227 64,051 0.03340% 915,013 1,235,442 662,616 112,986 12,129 125,115 8,159 86,843 95,826 29,576 220,404 - - 63,220 12,900 76,120 49,582 61,278 32,891 532 - -

94228 16,584 0.00865% 236,917 319,883 171,566 29,255 369 29,624 2,113 22,486 24,811 4,111 53,521 - - 16,369 1,540 17,909 10,067 14,025 10,337 1,181 - -

94229 39,230 0.02046% 560,432 756,690 405,842 69,202 15,156 84,358 4,997 53,190 58,692 169,545 286,424 - - 38,721 175,061 213,782 38,096 46,539 13,697 (25,690) - -

94231 32,627 0.01701% 466,109 629,336 337,537 57,555 (858) 56,697 4,156 44,238 48,814 10,787 107,995 - - 32,204 9,810 42,014 18,221 25,797 18,991 2,974 - -

94232 6,218 0.00324% 88,817 119,919 64,317 10,967 12,318 23,285 792 8,430 9,301 34,973 53,496 - - 6,137 - 6,137 15,953 17,123 12,040 2,243 - -

94504 8,770 0.00457% 125,280 169,152 90,723 15,470 (1,144) 14,326 1,117 11,890 13,120 9,586 35,713 - - 8,656 17,695 26,351 3,984 5,835 1,949 (2,406) - -

94607 67,550 0.03523% 965,010 1,302,947 698,822 119,160 39,153 158,313 8,605 91,588 101,062 133,068 334,323 - - 66,675 - 66,675 78,653 93,874 74,051 21,070 - -

68300 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

68400 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74242 5,010 0.00261% 71,557 96,616 51,819 8,836 12,048 20,884 638 6,791 7,494 35,023 49,946 - - 4,944 - 4,944 14,977 16,120 11,892 2,013 - -

74309 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74413 2,907 0.00152% 41,532 56,076 30,076 5,128 7,362 12,490 370 3,942 4,349 26,157 34,818 - - 2,870 - 2,870 9,062 9,725 8,976 4,185 - -

83811 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

68400 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71214 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71313 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71907 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

73810 11,803 0.00616% 168,620 227,669 122,108 20,821 16,044 36,865 1,504 16,004 17,659 106,197 141,364 - - 11,650 36,711 48,361 22,946 25,683 27,376 16,997 - -

74108 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

84012 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

50515 - 0.00000% - - - - (45,553) (45,553) - - - - - - - - 121,022 121,022 (45,553) (45,464) (30,005) - - -

70803 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71113 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

71215 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74105 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

74241 - 0.00000% - - - - - - - - - - - - - - - - - - - - - -

Total Allocated 100.000000% 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 (106,281) 338,175,523 24,429,093 260,009,574 286,904,038 74,074,614 645,417,319 (7) - 189,282,172 74,339,403 263,621,568 112,029,606 155,794,192 106,395,664 7,576,273 - -

Check 2,739,560,823 3,698,928,254 1,983,879,869 338,281,804 N/A N/A 24,429,085 260,009,574 286,904,038 N/A 571,342,697 - - 189,282,172 53,852,175 N/A N/A N/A N/A N/A N/A

Difference - - - - 8 - - (7) - - 20,487,227

App II - 9

Page 41: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

APPENDIX C

AGGREGATE COLLECTIVE PENSION AMOUNTS - SCRS & PORS

Page 42: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

10001 N/A 409,486 527,771 337,715 1,825 23,971 33,035 99,690 158,521 227 - 21,604 - 21,831 82,916 52,609 51,397 34,291 (1,606) - -

10002 N/A 1,880,845 2,424,151 1,551,186 8,385 110,103 151,737 297,681 567,906 1,042 - 99,233 - 100,275 350,809 211,603 166,446 100,894 (11,311) - -

10100 N/A 15,170,408 19,628,700 12,386,623 73,165 933,213 1,253,729 87,532 2,347,639 7,720 - 820,661 261,727 1,090,108 1,520,875 387,475 552,784 424,080 (106,808) - -

10200 N/A 15,024,552 19,476,194 12,208,146 75,094 945,717 1,255,877 964,450 3,241,138 7,319 - 822,415 - 829,734 1,956,503 828,959 1,014,175 647,570 (79,300) - -

10300 N/A 45,895,091 59,152,468 37,850,978 204,600 2,686,665 3,702,587 653,480 7,247,332 25,438 - 2,421,411 1,200,553 3,647,402 4,776,402 1,379,575 1,596,628 999,370 (375,642) - -

10600 N/A 5,717,723 7,369,360 4,715,568 25,490 334,711 461,277 70,603 892,081 3,169 - 301,665 96,839 401,673 575,507 152,322 212,600 168,819 (43,333) - -

10700 N/A 5,188,250 6,686,942 4,278,897 23,129 303,716 418,562 308,227 1,053,634 2,876 - 273,731 - 276,607 664,004 280,007 321,705 211,067 (35,751) - -

10900 N/A 2,210,640 2,849,211 1,823,177 9,855 129,409 178,343 96,738 414,345 1,225 - 116,633 53,679 171,537 214,666 51,051 122,665 84,717 (15,627) - -

12300 N/A 1,196,267 1,541,824 986,595 5,333 70,029 96,509 32,874 204,745 663 - 63,115 52,412 116,190 131,170 42,631 36,912 19,294 (10,282) - -

13300 N/A 5,574,550 7,184,829 4,597,489 24,851 326,330 449,727 488,554 1,289,462 3,090 - 294,112 - 297,202 765,059 352,470 404,690 270,482 (35,383) - -

13600 N/A 3,908,916 5,038,055 3,223,793 17,426 228,825 315,352 82,662 644,265 2,167 - 206,233 289,581 497,981 225,133 (64,177) 107,853 130,845 (28,237) - -

13700 N/A 1,064,124 1,371,509 877,613 4,744 62,293 85,848 32,316 185,201 590 - 56,143 53,893 110,626 114,207 35,448 28,154 19,849 (8,877) - -

20101 N/A 2,259,040 2,911,592 1,863,094 10,071 132,243 182,248 89,085 413,647 1,252 - 119,186 33,117 153,555 238,419 71,221 112,244 91,963 (15,337) - -

20102 N/A 69,891,298 93,203,255 52,520,103 538,648 5,943,444 6,863,239 2,701,055 16,046,386 10,514 - 4,519,139 207,450 4,737,103 9,514,174 3,906,674 4,634,073 2,800,611 (32,075) - -

20105 N/A - - - - - - 343,973 343,973 - - - 9,814,523 9,814,523 (4,342,734) (4,342,734) (4,589,780) (538,036) - - -

20108 N/A 369,190 475,836 304,482 1,646 21,612 29,784 - 53,042 205 - 19,478 126,128 145,811 (11,426) (38,751) (25,525) (23,234) (5,259) - -

20200 N/A 3,293,673 4,245,093 2,716,386 14,683 192,809 265,717 97,716 570,925 1,826 - 173,773 - 175,599 395,438 151,664 163,048 105,259 (24,646) - -

20300 N/A 3,988,382 5,140,476 3,289,331 17,780 233,477 321,763 - 573,020 2,211 - 210,426 120,904 333,541 340,509 45,318 128,893 97,094 (31,826) - -

20400 N/A 22,500,277 29,136,259 18,332,784 110,230 1,398,096 1,868,740 748,528 4,125,594 11,238 - 1,223,458 77,538 1,312,234 2,600,335 916,028 1,175,919 844,566 (123,154) - -

20500 N/A 9,594,898 12,366,505 7,913,183 42,774 561,678 774,068 721,107 2,099,627 5,318 - 506,224 - 511,542 1,232,728 522,582 636,296 487,743 (58,535) - -

20600 N/A 34,629,960 44,984,296 27,984,659 179,904 2,235,392 2,931,440 1,725,082 7,071,818 16,022 - 1,920,553 86,206 2,022,781 4,479,995 1,868,077 2,094,099 1,262,893 (176,031) - -

21100 N/A 2,783,335 3,587,337 2,295,495 12,408 162,934 224,546 490,793 890,681 1,543 - 146,848 - 148,391 465,195 259,193 282,285 212,818 (12,007) - -

21400 N/A 102,494,002 132,100,689 84,529,699 456,918 5,999,924 8,268,704 1,201,669 15,927,215 56,809 - 5,407,553 1,612,796 7,077,158 10,673,168 3,087,294 3,776,028 2,794,241 (807,506) - -

21900 N/A 611,866 788,611 504,623 2,728 35,818 49,362 3,744 91,652 339 - 32,282 14,048 46,669 51,803 6,517 24,577 18,527 (4,638) - -

22100 N/A 4,300,393 5,542,615 3,546,655 19,171 251,742 346,934 - 617,847 2,384 - 226,887 102,975 332,246 384,540 66,255 140,443 112,552 (33,649) - -

22200 N/A 183,019 235,887 150,941 816 10,714 14,765 7,848 34,143 101 - 9,656 7,575 17,332 15,410 1,864 10,042 6,264 (1,358) - -

30100 N/A 953,120,295 1,229,352,625 784,570,512 4,315,299 56,335,524 77,250,437 16,535,669 154,436,929 520,038 - 50,529,082 2,396,811 53,445,931 100,930,818 30,260,807 44,978,297 32,508,351 (6,756,456) - -

30200 N/A 84,499,016 108,995,822 69,544,093 383,109 4,998,817 6,851,548 661,468 12,894,942 46,038 - 4,481,632 406,871 4,934,541 8,761,637 2,495,349 3,606,207 2,507,057 (648,213) - -

30300 N/A 617,272,254 796,073,675 508,270,908 2,787,756 36,427,945 49,992,389 11,474,573 100,682,663 337,664 - 32,698,802 770,835 33,807,301 67,639,094 21,884,183 29,079,442 20,376,985 (4,465,248) - -

30400 N/A 95,622,992 123,338,489 78,709,511 433,092 5,653,202 7,751,089 2,759,559 16,596,942 52,155 - 5,069,965 4,077,472 9,199,592 8,548,845 1,458,489 3,167,311 3,427,090 (655,541) - -

30500 N/A 466,168,245 601,245,901 383,774,912 2,108,647 27,537,674 37,772,476 8,498,423 75,917,220 254,594 - 24,706,503 220,872 25,181,969 51,149,829 16,589,062 22,989,438 14,630,544 (3,473,793) - -

30600 N/A 52,400,687 67,607,971 43,100,416 238,742 3,109,417 4,255,146 80,936 7,684,241 28,405 - 2,783,469 9,891,695 12,703,569 542,598 (3,345,564) (1,568,815) 338,007 (442,957) - -

30700 N/A 4,720,447 6,095,411 3,874,387 21,873 283,094 385,294 176,127 866,388 2,513 - 252,087 1,719,910 1,974,510 (63,621) (414,581) (252,778) (366,166) (74,596) - -

30800 N/A 34,370,716 44,305,123 28,336,676 153,660 2,015,590 2,775,207 501,934 5,446,391 18,996 - 1,814,984 178,416 2,012,396 3,614,261 1,069,553 1,518,103 1,101,342 (255,003) - -

30900 N/A 8,310,385 10,710,945 6,853,810 37,048 486,484 670,440 204,961 1,398,933 4,606 - 438,453 - 443,059 951,876 336,801 409,072 271,734 (61,733) - -

31100 N/A 17,945,354 23,129,096 14,800,040 80,000 1,050,508 1,447,742 362,297 2,940,547 9,947 - 946,792 132,829 1,089,568 1,890,008 561,821 809,773 610,115 (130,730) - -

31102 N/A 17,182,177 22,145,795 14,170,086 76,622 1,006,028 1,386,301 347,144 2,816,095 9,521 - 906,614 522,471 1,438,606 1,493,969 222,222 691,291 588,702 (124,726) - -

31104 N/A 41,149,134 53,074,358 33,873,264 186,262 2,431,836 3,334,914 1,287,041 7,240,053 22,457 - 2,181,343 233,117 2,436,917 4,434,840 1,383,878 2,117,832 1,578,814 (277,388) - -

31105 N/A 10,179,596 13,133,221 8,373,886 46,335 603,687 826,384 146,140 1,622,546 5,524 - 540,566 1,275,761 1,821,851 653,805 (101,442) (49,536) 47,357 (95,683) - -

31107 N/A 19,081,514 24,593,451 15,737,064 85,065 1,117,018 1,539,401 56,449 2,797,933 10,576 - 1,006,735 280,590 1,297,901 1,861,765 449,487 694,322 505,548 (149,325) - -

31108 N/A 94,186,922 121,554,065 77,416,140 431,523 5,608,556 7,661,303 103,619 13,805,001 50,758 - 5,011,900 7,513,147 12,575,805 6,815,496 (177,823) 1,167,123 1,049,083 (809,188) - -

31113 N/A 8,919,475 11,496,400 7,355,448 39,794 522,390 719,745 7,208 1,289,137 4,940 - 470,702 607,566 1,083,208 673,853 13,639 142,101 127,287 (77,098) - -

31121 N/A 41,538,949 53,538,265 34,257,906 185,200 2,431,818 3,351,260 580,834 6,549,112 23,021 - 2,191,654 770,480 2,985,155 4,372,856 1,298,402 1,504,465 1,086,244 (325,154) - -

31123 N/A 90,333,197 116,466,053 74,436,432 405,539 5,311,151 7,302,915 123,263 13,142,868 49,716 - 4,776,331 2,910,650 7,736,697 8,049,731 1,358,489 2,848,203 1,934,535 (735,057) - -

31124 N/A 35,950,797 46,367,516 29,597,366 162,586 2,123,438 2,912,832 27,551 5,226,407 19,638 - 1,905,243 2,507,910 4,432,791 2,622,074 (43,183) 552,436 582,711 (298,348) - -

31126 N/A 43,294,100 55,800,147 35,705,868 193,005 2,534,405 3,492,752 265,253 6,485,415 23,996 - 2,284,184 411,688 2,719,868 4,355,510 1,151,190 1,729,575 1,234,380 (349,597) - -

31138 N/A 24,944,188 32,186,739 20,511,324 113,900 1,482,221 2,026,925 79,327 3,702,373 13,490 - 1,325,931 624,357 1,963,778 2,357,408 506,053 868,412 557,632 (193,503) - -

31140 N/A 100,001,509 128,941,291 82,387,022 449,666 5,885,496 8,088,440 1,326,777 15,750,379 54,948 - 5,290,187 257,134 5,602,269 10,581,717 3,172,932 4,515,947 3,193,622 (734,390) - -

31142 N/A 39,226,036 50,560,575 32,344,910 175,132 2,298,400 3,165,974 536,447 6,175,953 21,709 - 2,070,514 1,048,044 3,140,267 3,490,686 586,953 1,487,284 1,253,328 (291,879) - -

31143 N/A 28,501,871 36,749,087 23,483,191 128,086 1,676,835 2,304,915 363,731 4,473,567 15,670 - 1,507,503 908,372 2,431,545 2,521,923 410,457 976,082 875,103 (219,620) - -

31146 N/A 36,941,243 47,633,470 30,431,585 166,232 2,175,135 2,988,582 536,886 5,866,835 20,283 - 1,954,677 702,433 2,677,393 3,598,779 861,689 1,416,808 1,181,920 (270,975) - -

31200 N/A 6,725,992 8,669,638 5,545,873 30,039 394,184 542,917 4,899 972,039 3,721 - 355,063 336,951 695,735 519,348 21,432 176,575 133,090 (54,792) - -

31300 N/A 58,758,585 75,795,881 48,354,691 266,609 3,477,720 4,765,502 6,711 8,516,542 31,988 - 3,117,166 1,237,393 4,386,547 5,443,331 1,085,514 1,961,012 1,535,387 (451,918) - -

31400 N/A 170,062,020 219,417,878 139,875,662 774,954 10,092,474 13,810,463 901,368 25,579,259 92,169 - 9,034,019 4,281,184 13,407,372 16,560,586 3,941,619 5,896,152 3,727,503 (1,393,386) - -

31600 N/A 41,187,323 53,154,457 33,854,124 188,678 2,452,384 3,350,105 822,106 6,813,273 22,199 - 2,191,581 153,331 2,367,111 4,397,963 1,339,877 1,956,032 1,438,322 (288,070) - -

31700 N/A 160,547,442 207,236,347 131,895,153 738,460 9,583,802 13,074,818 9,964,379 33,361,459 86,160 - 8,553,724 70,350 8,710,234 20,959,556 9,033,455 10,352,084 6,305,867 (1,040,181) - -

40100 N/A 321,992,184 415,096,199 265,404,358 1,442,166 18,904,046 26,013,000 16,610,793 62,970,005 177,633 - 17,012,847 215,271 17,405,751 41,685,667 17,841,231 19,947,797 10,241,405 (2,466,179) - -

40200 N/A 387,860,997 500,776,833 318,441,298 1,792,871 23,225,369 31,634,741 3,512,770 60,165,751 207,050 - 20,697,066 4,278,449 25,182,565 41,001,091 12,172,293 16,013,539 9,935,546 (3,138,192) - -

40700 N/A 57,599,839 76,588,974 43,649,414 427,700 4,765,917 5,568,756 865,869 11,628,242 10,681 - 3,664,975 1,451,198 5,126,854 6,689,699 2,099,408 2,787,503 1,765,732 (151,255) - -

40900 N/A 407,829,287 550,298,737 295,904,846 3,611,354 38,500,163 42,573,829 735,720 85,421,066 3,141 - 28,085,028 19,172,067 47,260,236 43,202,764 9,585,660 16,177,783 11,664,946 732,440 - -

41400 N/A 114,207,060 153,493,142 83,865,370 966,915 10,419,359 11,682,775 4,163,858 27,232,907 6,400 - 7,702,231 3,333,515 11,042,146 13,299,692 3,970,654 6,214,867 5,369,469 635,769 - -

41600 N/A 8,531,900 10,996,446 7,036,499 38,035 499,451 688,311 149,886 1,375,683 4,729 - 450,140 159,830 614,699 781,817 150,347 392,739 281,154 (63,255) - -

41700 N/A 136,802,301 176,322,448 112,819,681 610,088 8,010,130 11,037,732 1,578,444 21,236,394 75,797 - 7,218,468 3,427,250 10,721,515 12,620,487 2,494,930 4,866,216 4,193,884 (1,040,150) - -

41800 N/A 4,111,070 5,298,604 3,390,516 18,327 240,659 331,661 525,310 1,115,957 2,279 - 216,899 - 219,178 648,572 344,300 351,011 225,830 (24,361) - -

42000 N/A 3,749,704 4,886,044 3,005,262 20,584 251,049 323,368 549,210 1,144,211 1,598 - 211,999 824,159 1,037,756 265,328 (19,601) 35,223 41,700 49,132 - -

42200 N/A 786,017,635 1,013,432,505 647,654,463 3,530,513 46,228,614 63,554,632 13,400,572 126,714,331 432,376 - 41,566,928 957,744 42,957,048 87,547,216 29,321,180 37,864,453 22,600,015 (6,028,364) - -

50100 N/A 311,852,403 402,233,557 256,703,751 1,411,952 18,432,722 25,275,817 288,905 45,409,396 170,150 - 16,532,775 8,733,591 25,436,516 27,603,903 4,481,251 10,082,243 7,805,180 (2,395,794) - -

50200 N/A 69,478,680 90,089,426 56,413,946 349,069 4,388,040 5,817,342 1,251,707 11,806,158 33,621 - 3,809,738 628,295 4,471,654 7,532,162 2,314,559 3,089,721 2,294,557 (364,335) - -

50400 N/A 11,181,966 14,412,018 9,222,083 49,849 654,584 902,105 28,696 1,635,234 6,198 - 589,957 278,576 874,731 1,034,449 206,840 353,464 287,891 (87,692) - -

50501 N/A 5,884,760 7,584,647 4,853,327 26,234 344,490 474,753 645,257 1,490,734 3,262 - 310,478 184,665 498,405 746,613 311,065 362,160 350,462 (31,358) - -

50515 N/A - - - - - - - - - - - 35,841,340 35,841,340 (17,747,955) (17,747,955) (16,221,671) (1,871,715) - - -

51200 N/A 11,217,358 14,459,113 9,248,844 50,114 657,534 905,541 117,161 1,730,350 6,204 - 592,219 311,708 910,131 1,091,758 261,324 349,388 296,500 (86,993) - -

51300 N/A 23,986,885 31,571,527 18,707,364 154,612 1,793,050 2,192,303 168,712 4,308,677 7,369 - 1,440,170 482,551 1,930,090 2,588,447 721,847 1,089,722 654,000 (86,982) - -

51400 N/A 42,307,831 54,891,951 34,297,250 215,000 2,691,924 3,555,532 1,016,146 7,478,602 20,169 - 2,328,812 368,236 2,717,217 4,611,069 1,429,229 2,100,997 1,474,089 (242,930) - -

51500 N/A 63,905,917 82,369,590 52,699,043 285,158 3,743,166 5,157,039 - 9,185,363 35,388 - 3,372,628 4,281,306 7,689,322 4,406,365 (324,001) 1,039,934 1,301,242 (521,135) - -

51600 N/A 6,495,580 8,377,576 5,347,798 29,369 383,607 526,252 58,180 997,408 3,549 - 344,214 190,888 538,651 602,737 121,192 220,066 160,405 (42,907) - -

51700 N/A 449,059,772 578,812,367 370,293,238 2,004,525 26,308,984 36,242,021 10,771,898 75,327,428 248,573 - 23,701,849 790,786 24,741,208 49,308,306 16,067,099 23,239,471 14,649,537 (3,369,887) - -

51800 N/A 78,421,705 102,657,950 62,080,467 464,715 5,529,623 6,947,544 1,329,662 14,271,544 29,158 - 4,559,121 334,947 4,923,226 9,061,935 3,037,384 4,122,673 2,566,937 (378,676) - -

51902 N/A 5,060,159 6,521,850 4,173,256 22,558 296,218 408,228 124,219 851,223 2,805 - 266,972 157,221 426,998 513,174 138,657 168,367 154,864 (37,665) - -

52000 N/A 6,311,805 8,135,049 5,205,524 28,138 369,488 509,205 18,611 925,442 3,498 - 333,009 262,156 598,663 545,567 78,413 159,444 139,900 (50,979) - -

52200 N/A 31,378,295 40,447,244 25,870,480 140,243 1,839,786 2,533,378 441,719 4,955,126 17,347 - 1,656,822 660,031 2,334,200 3,027,630 704,546 1,155,154 989,937 (228,711) - -

52600 N/A 6,242,469 8,045,685 5,148,341 27,829 365,430 503,611 21,692 918,562 3,460 - 329,351 233,011 565,822 525,848 63,826 164,294 172,335 (47,715) - -

53000 N/A 8,661,791 11,163,859 7,143,624 38,614 507,055 698,790 456,320 1,700,779 4,801 - 456,994 - 461,795 1,113,942 472,858 528,813 301,125 (63,812) - -

53300 N/A 481,974 621,198 397,497 2,149 28,214 38,883 52,928 122,174 267 - 25,429 458 26,154 66,017 30,344 37,882 30,314 (2,521) - -

53900 N/A 2,320,497 2,990,801 1,913,779 10,345 135,840 187,206 9,590 342,981 1,286 - 122,429 80,475 204,190 210,665 38,919 66,735 51,913 (18,776) - -

54100 N/A 5,829,381 7,513,271 4,807,655 25,987 341,248 470,285 329,001 1,166,521 3,231 - 307,556 34,221 345,008 732,781 301,332 356,117 210,370 (46,306) - -

54200 N/A 132,798,236 177,584,788 98,984,574 1,059,259 11,584,872 13,233,669 2,238,848 28,116,648 15,528 - 8,717,763 2,526,987 11,260,278 15,199,113 4,475,973 6,808,953 5,160,054 411,391 - -

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

App III - 1

Page 43: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

54300 N/A 84,275,154 108,650,314 69,452,911 377,968 4,951,919 6,811,141 67,887 12,208,915 46,429 - 4,454,646 1,143,798 5,644,873 8,086,285 1,844,495 3,059,371 2,308,267 (648,092) - -

54400 N/A 89,146 114,897 73,521 397 5,219 7,192 - 12,808 49 - 4,703 4,538 9,290 6,982 384 2,229 1,652 (747) - -

60100 N/A 16,703,163 21,528,083 13,775,571 74,463 977,791 1,347,528 2,845,013 5,244,795 9,258 - 881,254 - 890,512 3,009,001 1,772,752 1,617,495 1,053,290 (89,255) - -

60400 N/A 131,242,823 169,158,024 108,233,016 585,375 7,685,263 10,589,606 2,896,583 21,756,827 72,707 - 6,925,412 1,138,886 8,137,005 14,455,830 4,741,609 5,696,364 4,154,181 (972,331) - -

60500 N/A 5,508,140 7,099,236 4,542,719 24,555 322,442 444,369 97,509 888,875 3,053 - 290,608 26,791 320,452 616,792 209,119 238,448 162,852 (41,995) - -

60601 N/A 98,739,164 127,277,392 81,406,458 441,355 5,789,710 7,972,125 6,761,428 20,964,618 54,582 - 5,213,756 6,372 5,274,710 12,856,542 5,546,324 6,436,957 4,359,015 (652,388) - -

60700 N/A 323,143,286 416,590,046 266,336,919 1,448,043 18,977,500 26,109,880 719,103 47,254,526 178,179 - 17,076,305 2,638,084 19,892,568 32,030,337 8,099,280 13,250,288 8,541,314 (2,528,924) - -

60800 N/A 14,355,653 18,502,464 11,839,512 63,997 840,369 1,158,142 331,627 2,394,135 7,957 - 757,400 243,197 1,008,554 1,434,853 372,350 611,600 504,667 (103,036) - -

60900 N/A 4,410,024 5,683,915 3,637,071 19,660 258,160 355,779 253,046 886,645 2,444 - 232,672 - 235,116 575,944 249,545 261,569 171,311 (30,897) - -

61000 N/A 136,692,487 176,208,652 112,683,628 611,615 8,020,152 11,039,752 8,379,862 28,051,381 75,486 - 7,220,061 54,148 7,349,695 17,235,014 7,113,724 8,627,896 5,877,004 (916,937) - -

61200 N/A 3,507,083 4,520,149 2,892,391 15,635 205,302 282,934 88,036 591,907 1,944 - 185,033 2,108 189,085 414,954 155,385 172,284 102,214 (27,061) - -

62500 N/A 1,797,777 2,317,088 1,482,678 8,014 105,241 145,036 1,341 259,632 996 - 94,850 57,418 153,264 164,422 31,363 57,784 32,473 (15,252) - -

62700 N/A 5,776,028 7,444,507 4,763,654 25,750 338,124 465,981 390,200 1,220,055 3,201 - 304,742 246,231 554,174 615,250 187,750 248,316 266,025 (36,211) - -

63000 N/A 15,960,280 20,570,608 13,162,894 71,151 934,303 1,287,596 486,068 2,779,118 8,846 - 842,060 365,423 1,216,329 1,574,333 393,067 685,411 596,073 (111,762) - -

63500 N/A 10,621,514 13,696,594 8,748,512 47,854 625,880 859,605 1,350,859 2,884,198 5,825 - 562,231 767 568,823 1,765,183 978,091 981,226 431,268 (75,210) - -

63700 N/A 3,535,473 4,566,088 2,900,475 16,441 212,508 288,890 131,701 649,540 1,875 - 189,020 99,130 290,025 391,125 128,153 135,765 117,598 (22,000) - -

63800 N/A 455,635 587,251 375,775 2,031 26,673 36,758 1,877 67,339 253 - 24,039 11,732 36,024 42,924 9,201 14,666 11,077 (3,629) - -

64100 N/A 1,265,424 1,657,799 999,615 7,593 89,995 112,615 119,681 329,884 459 - 73,912 16,141 90,512 169,741 72,347 101,510 68,296 (2,781) - -

66600 N/A 1,578,064 2,033,907 1,301,474 7,035 92,379 127,310 37,507 264,231 875 - 83,258 18,636 102,769 164,646 47,849 69,706 55,266 (11,360) - -

67000 N/A 415,339 535,315 342,542 1,852 24,314 33,507 10,619 70,292 230 - 21,913 41,109 63,252 32,036 1,295 (120) 9,112 (3,247) - -

67100 N/A 15,534,981 20,029,190 12,801,095 69,744 913,400 1,255,925 7,907 2,246,976 8,550 - 821,414 483,258 1,313,222 1,325,895 175,170 511,081 371,094 (123,590) - -

67200 N/A 509,888 657,175 420,519 2,273 29,848 41,135 69,879 143,135 283 - 26,902 1,018 28,203 80,612 42,874 51,230 24,249 (3,421) - -

67300 N/A 10,776,334 13,918,070 8,840,227 50,139 647,952 880,698 439,176 2,017,965 5,712 - 576,241 293,728 875,681 1,143,617 342,013 598,830 283,983 (82,542) - -

67400 N/A 7,791,042 10,041,584 6,425,493 34,732 456,082 628,542 80,602 1,199,958 4,318 - 411,053 440,019 855,390 705,512 128,875 187,505 97,183 (68,994) - -

67500 N/A 11,885,146 15,755,118 9,085,731 84,743 954,788 1,130,136 502,032 2,671,699 2,640 - 743,383 1,116,077 1,862,100 1,108,410 167,964 368,813 232,265 40,558 - -

67600 N/A 1,707,280 2,200,450 1,408,042 7,611 99,943 137,735 129,917 375,206 946 - 90,076 23,598 114,620 229,610 103,249 94,553 74,021 (11,236) - -

67800 N/A 32,248,329 41,563,666 26,596,108 143,763 1,887,794 2,601,634 795,778 5,428,969 17,874 - 1,701,412 - 1,719,286 3,705,573 1,318,782 1,569,324 1,060,412 (238,836) - -

67900 N/A 782,954 1,009,120 645,724 3,490 45,834 63,165 67,329 179,818 434 - 41,308 85,647 127,389 87,712 29,763 30,161 786 (8,282) - -

68000 N/A 1,285,413 1,656,721 1,060,116 5,730 75,247 103,701 284,219 468,897 712 - 67,818 - 68,530 259,863 164,726 181,689 62,921 (8,969) - -

68100 N/A 9,651,177 12,439,041 7,959,598 43,025 564,973 778,609 2,363,573 3,750,180 5,349 - 509,193 192,270 706,812 2,850,213 2,135,902 673,828 305,187 (71,550) - -

68200 N/A 83,516,672 107,664,115 68,841,503 373,961 4,902,406 6,746,571 35,432,951 47,455,889 46,086 - 4,412,332 35,192 4,493,610 25,170,995 18,986,542 20,016,601 4,583,788 (624,652) - -

68300 N/A 16,928,054 21,817,936 13,961,045 75,465 990,956 1,365,671 7,357,417 9,789,509 9,383 - 893,119 - 902,502 5,110,991 3,858,097 4,111,267 1,035,215 (117,572) - -

68400 N/A 565,492 728,841 466,377 2,521 33,103 45,621 245,601 326,846 313 - 29,835 - 30,148 170,727 128,873 137,331 34,433 (3,940) - -

70101 N/A 12,511,147 16,383,214 9,895,107 74,539 885,437 1,110,544 19,006 2,089,526 4,602 - 728,810 469,014 1,202,426 1,196,155 234,253 413,087 302,068 (62,308) - -

70102 N/A 7,665,687 10,000,310 6,124,846 42,920 520,083 665,606 84,020 1,312,629 3,162 - 436,475 106,049 545,686 768,214 184,113 352,705 262,659 (32,534) - -

70104 N/A 913,830 1,202,588 713,015 5,876 68,194 83,444 18,463 175,977 282 - 54,815 28,991 84,088 100,888 29,803 43,393 23,985 (5,293) - -

70106 N/A 421,192 542,859 347,369 1,878 24,656 33,980 4,786 65,300 233 - 22,222 11,184 33,639 38,256 7,082 14,696 13,022 (3,139) - -

70108 N/A 1,099,215 1,430,016 884,777 5,866 72,222 93,887 87,747 259,722 489 - 61,531 109,932 171,952 118,002 34,797 26,170 35,575 (8,772) - -

70202 N/A 24,928,026 32,600,825 19,784,799 145,450 1,739,199 2,196,185 363,603 4,444,437 9,551 - 1,440,901 20,361 1,470,813 2,826,482 915,794 1,275,327 880,549 (98,046) - -

70203 N/A 80,628,640 105,388,095 64,088,010 466,243 5,591,036 7,080,767 750,774 13,888,820 31,415 - 4,645,121 1,665,569 6,342,105 8,590,041 2,418,055 3,381,183 2,186,256 (438,778) - -

70204 N/A 717,895 925,268 592,068 3,200 42,025 57,916 11,631 114,772 398 - 37,876 38,517 76,791 53,416 283 20,184 22,787 (5,272) - -

70209 N/A 730,153 964,860 563,160 4,985 56,854 68,236 45,119 175,194 190 - 44,859 58,074 103,123 61,621 4,269 30,937 33,101 3,765 - -

70211 N/A 1,016,849 1,310,579 838,624 4,533 59,526 82,034 26,378 172,471 564 - 53,649 - 54,213 115,847 40,587 54,595 30,879 (7,803) - -

70212 N/A 785,453 1,029,131 620,253 4,722 55,937 69,951 331,283 461,893 284 - 45,912 230,559 276,755 131,064 70,593 102,367 41,266 (29,088) - -

70213 N/A 2,339,406 3,015,173 1,929,375 10,429 136,947 188,732 52,148 388,256 1,297 - 123,426 19,122 143,845 243,946 70,800 119,521 71,939 (17,849) - -

70214 N/A 2,749,568 3,543,815 2,267,646 12,258 160,958 221,821 - 395,037 1,524 - 145,066 500,224 646,814 12,865 (190,639) (27,885) (6,195) (27,057) - -

70215 N/A 1,011,669 1,328,312 794,326 6,285 73,698 91,189 19,474 190,646 340 - 59,876 43,570 103,786 107,080 28,806 43,291 21,253 (6,491) - -

70216 N/A 104,004 134,046 85,775 464 6,088 8,390 32,980 47,922 58 - 5,487 - 5,545 22,129 14,431 15,950 12,152 (155) - -

70217 N/A 4,837,069 6,234,318 3,989,268 21,564 283,158 390,231 41,195 736,148 2,681 - 255,202 418,544 676,427 374,894 16,889 86,734 3,411 (47,314) - -

70218 N/A 673,772 868,400 555,679 3,004 39,442 54,357 1,592 98,395 373 - 35,548 25,598 61,519 59,792 9,924 21,244 11,480 (5,771) - -

70219 N/A 1,152,369 1,485,246 950,391 5,137 67,459 92,967 48,829 214,392 639 - 60,799 - 61,438 137,607 52,316 67,328 41,653 (8,344) - -

70220 N/A 1,936,000 2,498,221 1,591,784 8,848 115,100 157,357 21,313 302,618 1,046 - 102,937 30,919 134,902 201,449 57,744 77,142 48,724 (15,895) - -

70222 N/A 199,824 262,428 156,794 1,246 14,593 18,035 8,899 42,773 67 - 11,843 16,738 28,648 19,409 3,940 9,047 3,872 (2,734) - -

70224 N/A 143,684 187,913 114,035 839 10,027 12,660 22,987 46,513 55 - 8,306 13,085 21,446 17,531 6,517 12,983 5,780 (213) - -

70301 N/A 9,194,447 12,030,865 7,286,950 54,112 645,272 812,545 2,246,236 3,758,165 3,465 - 533,162 1,016,748 1,553,375 1,238,536 532,910 694,043 878,839 98,998 - -

70302 N/A 679,400 875,654 560,321 3,029 39,772 54,811 2,588 100,200 377 - 35,845 54,360 90,582 46,439 (3,846) 4,455 14,425 (5,416) - -

70303 N/A 2,418,010 3,162,473 1,918,785 14,123 168,822 213,109 294,843 690,897 925 - 139,821 262,343 403,089 230,044 44,679 90,378 141,080 11,671 - -

70304 N/A 598,584 771,492 493,669 2,668 35,041 48,291 175,501 261,501 332 - 31,581 6,111 38,024 124,684 80,381 76,159 67,827 (891) - -

70305 N/A 1,268,161 1,663,662 998,043 7,775 91,540 113,752 114,713 327,780 439 - 74,678 162,432 237,549 106,894 8,974 25,018 55,089 1,150 - -

70401 N/A 3,564,021 4,650,261 2,846,324 20,013 242,277 309,774 111,472 683,536 1,463 - 203,144 57,662 262,269 431,501 159,824 173,139 109,933 (21,629) - -

70402 N/A 80,355,212 105,381,787 63,294,945 490,189 5,780,284 7,194,442 1,285,875 14,750,790 28,135 - 4,722,867 1,108,474 5,859,476 8,924,929 2,725,010 4,021,612 2,524,843 (380,150) - -

70403 N/A 5,647,712 7,279,125 4,657,828 25,177 330,613 455,629 201,029 1,012,448 3,130 - 297,972 - 301,102 647,893 229,890 313,391 208,459 (40,394) - -

70404 N/A 3,026,979 3,982,045 2,364,122 19,361 225,047 275,845 114,943 635,196 949 - 181,190 85,710 267,849 360,013 124,748 164,785 89,528 (11,715) - -

70405 N/A 2,794,366 3,601,554 2,304,593 12,457 163,580 225,435 51,996 453,468 1,549 - 147,430 43,184 192,163 300,783 93,964 122,698 67,260 (22,617) - -

70406 N/A 773,775 1,028,507 586,961 5,719 63,809 74,668 140,595 284,791 147 - 49,138 194,516 243,801 83,164 21,550 40,565 2,929 (24,053) - -

70407 N/A 1,895,326 2,459,427 1,535,886 9,658 120,803 159,421 164,656 454,538 900 - 104,421 18,509 123,830 249,946 107,356 126,420 92,524 4,407 - -

70411 N/A 882,905 1,137,944 728,157 3,936 51,685 71,228 59,136 185,985 489 - 46,582 97,075 144,146 84,842 19,495 34,055 (2,628) (9,082) - -

70412 N/A 700,786 903,217 577,958 3,124 41,024 56,536 - 100,684 388 - 36,973 53,925 91,286 50,707 (1,160) 9,616 7,213 (6,272) - -

70413 N/A 500,349 657,591 391,810 3,155 36,828 45,350 83,584 168,917 162 - 29,783 103,240 133,185 65,811 27,009 9,881 1,580 (2,737) - -

70414 N/A 571,795 736,965 471,575 2,549 33,472 46,130 83,823 165,974 317 - 30,168 94,141 124,626 68,703 26,383 31,651 (10,031) (6,654) - -

70415 N/A 564,816 727,971 465,820 2,518 33,064 45,567 - 81,149 313 - 29,800 102,932 133,045 9,629 (32,174) (9,197) (4,733) (5,792) - -

70416 N/A 201,929 260,259 166,537 900 11,821 16,291 2,940 31,952 112 - 10,654 103,159 113,925 (13,423) (28,368) (23,047) (26,624) (3,934) - -

70417 N/A 11,769,969 15,169,874 9,707,026 52,470 689,005 949,542 491,963 2,182,980 6,524 - 620,980 31,774 659,278 1,359,809 488,680 687,529 432,234 (84,741) - -

70418 N/A 694,033 894,513 572,389 3,094 40,628 55,991 - 99,713 385 - 36,617 31,297 68,299 52,680 1,312 18,812 16,807 (5,516) - -

70419 N/A 444,829 573,324 366,863 1,983 26,040 35,887 31,131 95,041 247 - 23,469 - 23,716 60,558 27,635 32,610 14,494 (3,414) - -

70420 N/A 2,975,684 3,929,590 2,299,425 20,125 230,143 277,062 42,710 570,040 797 - 182,121 150,305 333,223 293,958 60,589 111,354 72,277 (7,404) - -

70422 N/A 996,814 1,284,756 822,101 4,444 58,353 80,418 80,281 223,496 553 - 52,592 - 53,145 133,519 59,742 69,032 47,911 (6,334) - -

70423 N/A 2,787,162 3,592,269 2,298,651 12,425 163,158 224,854 9,232 409,669 1,545 - 147,050 114,182 262,777 252,465 46,180 81,232 43,597 (24,116) - -

70424 N/A 2,722,779 3,509,288 2,245,553 12,138 159,389 219,660 171,442 562,629 1,509 - 143,653 43,949 189,111 300,053 98,532 159,595 132,356 (16,964) - -

70501 N/A 5,733,049 7,515,162 4,521,507 34,723 410,361 511,947 99,990 1,057,021 2,038 - 336,042 164,947 503,027 642,674 200,811 248,445 149,378 (44,639) - -

70502 N/A 1,872,851 2,480,965 1,434,531 13,229 149,439 177,414 36,898 376,980 431 - 116,685 64,331 181,447 202,981 55,025 84,499 63,469 (7,460) - -

70503 N/A 1,640,124 2,115,519 1,349,992 7,430 96,975 132,954 693,052 930,411 894 - 86,965 - 87,859 401,218 279,601 297,809 259,866 5,276 - -

70504 N/A 1,896,120 2,479,248 1,505,717 11,028 131,997 166,857 21,417 331,299 731 - 109,469 19,574 129,774 205,524 60,259 86,540 61,653 (6,928) - -

70505 N/A 129,172 170,844 99,382 893 10,147 12,131 6,056 29,227 32 - 7,976 10,786 18,794 13,692 3,525 5,208 2,379 (679) - -

70506 N/A 2,456,242 3,165,758 2,025,732 10,950 143,787 198,157 116,126 469,020 1,361 - 129,591 - 130,952 305,795 124,002 141,622 90,075 (17,632) - -

70507 N/A 179,854 237,812 138,484 1,238 14,090 16,865 52,246 84,439 45 - 11,088 112,216 123,349 (1,238) (15,385) (5,081) (11,240) (7,205) - -

70508 N/A 2,866,178 3,694,110 2,363,818 12,777 167,784 231,229 4,659 416,449 1,589 - 151,219 54,014 206,822 276,895 64,761 104,281 64,006 (23,421) - -

App III - 2

Page 44: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

70601 N/A 1,770,988 2,322,790 1,394,612 10,821 127,530 158,652 108,946 405,949 618 - 104,151 165,080 269,849 179,491 42,815 81,349 23,822 (11,886) - -

70602 N/A 9,106,912 11,900,804 7,243,031 52,468 629,923 798,721 364,672 1,845,784 3,572 - 523,952 2,173,139 2,700,663 381,467 (315,281) (68,176) (324,778) (146,643) - -

70603 N/A 3,604,606 4,720,728 2,850,019 21,515 255,421 320,170 79,722 676,828 1,321 - 210,121 82,002 293,444 384,266 107,057 179,873 115,835 (19,382) - -

70604 N/A 809,968 1,043,937 668,003 3,611 47,415 65,344 102,468 218,838 449 - 42,734 260,713 303,896 60,040 92 (14,472) (58,227) (12,451) - -

70605 N/A 25,438 32,786 20,980 113 1,489 2,052 458 4,112 14 - 1,342 1,065 2,421 2,597 715 766 428 (218) - -

70606 N/A 1,596,073 2,057,119 1,316,327 7,115 93,433 128,763 207,182 436,493 885 - 84,208 2,800 87,893 253,905 135,775 161,658 62,953 (11,787) - -

70607 N/A 8,580,299 11,058,827 7,076,415 38,251 502,284 692,216 69,426 1,302,177 4,756 - 452,694 111,291 568,741 857,882 222,829 362,467 216,700 (68,561) - -

70608 N/A 1,114,325 1,436,211 919,015 4,968 65,232 89,898 18,289 178,387 618 - 58,791 5,352 64,761 123,362 40,888 51,025 30,449 (8,735) - -

70609 N/A 37,369 48,164 30,819 167 2,188 3,015 3,712 9,082 21 - 1,972 4,168 6,161 3,834 1,068 2,101 125 (372) - -

70701 N/A 127,712,491 167,121,770 101,199,087 752,420 8,969,428 11,290,674 3,643,483 24,656,005 48,030 - 7,408,631 598,115 8,054,776 14,725,813 4,923,012 7,174,201 4,996,805 (492,789) - -

70702 N/A 16,612,640 22,083,228 12,599,229 122,908 1,370,909 1,603,697 463,465 3,560,979 3,136 - 1,055,393 51,862 1,110,391 2,051,428 728,377 1,005,280 712,911 4,019 - -

70704 N/A 24,396,955 31,444,324 20,120,859 108,762 1,428,180 1,968,225 1,165,709 4,670,876 13,522 - 1,287,176 42,720 1,343,418 2,863,337 1,057,649 1,453,203 985,126 (168,519) - -

70705 N/A 161,610,434 208,308,729 133,259,964 721,556 9,469,499 13,043,837 15,006,861 38,241,753 89,439 - 8,530,534 - 8,619,973 23,975,147 12,011,798 11,208,626 7,439,306 (1,037,951) - -

70707 N/A 4,702,000 6,060,232 3,877,872 20,962 275,252 379,334 215,544 891,092 2,606 - 248,076 124,226 374,908 469,943 121,935 225,856 199,599 (31,206) - -

70709 N/A 1,637,044 2,109,925 1,350,117 7,298 95,831 132,069 177,150 412,348 907 - 86,370 76,405 163,682 246,802 125,640 109,213 28,276 (14,463) - -

70712 N/A 16,021,122 21,584,900 11,678,375 139,470 1,492,879 1,659,532 526,848 3,818,729 422 - 1,094,506 133,953 1,228,881 2,060,822 744,801 1,005,787 751,707 87,552 - -

70714 N/A 4,032,863 5,357,659 3,063,882 29,602 330,881 388,042 37,818 786,343 791 - 255,344 108,747 364,882 427,635 106,903 182,948 131,337 272 - -

70715 N/A 1,437,415 1,854,871 1,181,805 6,571 85,474 116,841 7,360 216,246 776 - 76,434 155,594 232,804 99,563 (7,135) 9,574 (4,000) (14,998) - -

70718 N/A 56,054 72,246 46,229 250 3,281 4,522 3,196 11,249 31 - 2,957 13,886 16,874 3,617 (532) (1,446) (2,883) (763) - -

70719 N/A 5,260,738 6,780,368 4,338,679 23,452 307,960 424,410 381,907 1,137,729 2,916 - 277,555 279,926 560,397 514,614 125,251 223,626 260,027 (31,572) - -

70801 N/A 107,210,134 139,863,472 85,657,159 600,412 7,274,887 9,309,737 15,604,539 32,789,575 44,200 - 6,104,939 331,770 6,480,909 17,423,323 9,253,973 11,085,630 6,108,772 (139,709) - -

70802 N/A 8,910,242 11,797,507 6,834,550 62,511 707,476 841,753 246,866 1,858,606 2,106 - 553,573 159,363 715,042 1,060,250 357,156 513,313 306,548 (33,453) - -

70803 N/A - - - - - - - - - - - 10,957,432 10,957,432 (4,680,269) (4,680,269) (4,614,693) (1,576,376) (86,094) - -

70804 N/A 881,890 1,165,303 680,308 6,016 68,626 82,389 55,852 212,883 230 - 54,163 165,929 220,322 65,358 (3,902) 2,468 1,814 (7,819) - -

70805 N/A 1,149,443 1,481,474 947,978 5,124 67,288 92,731 18,536 183,679 637 - 60,644 58,872 120,153 104,370 19,296 38,827 15,604 (10,201) - -

70806 N/A 6,502,905 8,605,239 4,995,986 45,269 513,451 612,426 484,499 1,655,645 1,581 - 402,716 46,435 450,732 860,418 347,959 480,039 360,420 16,495 - -

70807 N/A 228,260 304,191 171,862 1,744 19,290 22,335 896 44,265 36 - 14,704 10,436 25,176 23,270 4,985 9,452 6,018 (1,364) - -

70808 N/A 2,882,837 3,715,580 2,377,557 12,852 168,759 232,573 301,345 715,529 1,598 - 152,098 9,262 162,958 392,096 178,729 228,497 162,040 (16,695) - -

70809 N/A 2,685,635 3,461,414 2,214,919 11,973 157,215 216,664 136,328 522,180 1,489 - 141,693 - 143,182 338,206 139,434 161,213 97,755 (19,403) - -

70812 N/A 4,585,840 5,910,517 3,782,072 20,444 268,452 369,963 182,244 841,103 2,542 - 241,948 398,603 643,093 315,365 (24,046) 82,411 170,744 (31,100) - -

70813 N/A - - - - - - - - - - - 17,589 17,589 (13,085) (13,085) (4,217) (287) - - -

70901 N/A 12,465,881 16,251,508 9,978,085 69,003 839,278 1,078,120 421,238 2,407,639 5,240 - 706,885 142,319 854,444 1,483,294 534,953 665,779 395,484 (43,020) - -

70902 N/A 2,012,549 2,651,898 1,564,696 13,189 152,209 185,108 428,297 778,803 591 - 121,627 433,786 556,004 245,365 88,338 147,758 18,352 (31,649) - -

70903 N/A 209,219 274,671 164,322 1,297 15,223 18,846 2,326 37,692 71 - 12,374 5,974 18,419 21,622 5,438 8,809 6,326 (1,298) - -

70905 N/A 6,370,785 8,211,067 5,254,167 28,401 372,941 513,963 163,108 1,078,413 3,531 - 336,121 72,709 412,361 661,339 189,819 290,891 230,690 (45,347) - -

70908 N/A 351,406 452,914 289,815 1,567 20,571 28,350 43,633 94,121 195 - 18,540 13,351 32,086 44,510 18,502 22,407 22,847 (1,722) - -

71001 N/A 266,188,804 347,831,573 211,742,851 1,532,099 18,399,912 23,337,927 8,777,955 52,047,893 104,603 - 15,309,243 627,825 16,041,671 31,972,783 11,610,192 14,833,142 10,473,156 (910,268) - -

71003 N/A 54,678,220 70,472,715 45,094,673 243,755 3,200,823 4,411,166 - 7,855,744 30,306 - 2,884,807 806,318 3,721,431 5,110,605 1,063,713 2,084,053 1,418,439 (431,892) - -

71004 N/A 16,567,418 21,353,126 13,663,618 73,858 969,845 1,336,577 116,325 2,496,605 9,183 - 874,092 771,353 1,654,628 1,435,104 208,902 373,133 391,240 (131,298) - -

71006 N/A 175,659,428 232,026,927 135,645,374 1,192,162 13,619,471 16,377,736 2,948,597 34,137,966 46,515 - 10,766,042 200,708 11,013,265 20,856,016 7,071,943 9,706,507 6,474,595 (128,344) - -

71008 N/A 60,183,625 79,340,303 46,729,508 397,133 4,573,908 5,550,205 2,501,282 13,022,528 17,344 - 3,647,148 - 3,664,492 7,685,838 2,984,872 3,827,612 2,562,501 (16,949) - -

71011 N/A 16,407,135 21,146,544 13,531,428 73,143 960,462 1,323,646 497,271 2,854,522 9,094 - 865,636 - 874,730 1,885,724 671,385 865,037 563,652 (120,282) - -

71012 N/A 4,976,328 6,564,750 3,856,586 33,160 380,829 460,663 83,041 957,693 1,394 - 302,749 49,200 353,343 580,990 191,669 259,466 162,057 (8,840) - -

71015 N/A 8,752,513 11,280,787 7,218,445 39,019 512,366 706,109 422,709 1,680,203 4,851 - 461,780 89,120 555,751 1,095,653 447,855 508,634 237,701 (69,738) - -

71016 N/A 10,822,935 13,950,355 8,924,212 48,327 634,206 873,563 250,860 1,806,956 5,989 - 571,302 237,361 814,652 1,102,277 301,091 511,989 266,706 (87,482) - -

71017 N/A 23,120,547 29,799,209 19,068,169 103,071 1,353,460 1,865,250 181,341 3,503,122 12,815 - 1,219,833 505,072 1,737,720 2,329,333 618,115 833,657 503,356 (189,726) - -

71018 N/A 112,442,245 148,583,978 86,730,177 767,487 8,753,639 10,507,185 1,495,958 21,524,269 29,232 - 6,907,497 1,293,455 8,230,184 13,063,565 4,231,816 5,867,564 3,579,388 (384,684) - -

71019 N/A 22,125,731 28,782,871 17,811,771 117,966 1,452,881 1,889,251 1,432,606 4,892,704 9,861 - 1,238,145 158,606 1,406,612 2,766,082 1,091,495 1,434,912 1,060,662 (100,976) - -

71020 N/A 12,864,709 16,580,842 10,609,889 57,351 753,091 1,037,860 388,468 2,236,770 7,130 - 678,738 419,788 1,105,656 1,339,859 387,706 595,849 260,040 (112,481) - -

71024 N/A 2,280,651 2,939,446 1,880,917 10,167 133,508 183,992 - 327,667 1,264 - 120,326 188,852 310,442 102,862 (65,936) 41,075 59,734 (17,648) - -

71025 N/A 10,534,357 13,957,528 8,064,529 74,606 842,141 998,960 241,858 2,157,565 2,403 - 657,039 83,239 742,681 1,289,144 456,552 616,291 368,415 (26,375) - -

71026 N/A 4,875,339 6,283,642 4,020,830 21,734 285,399 393,318 1,574,191 2,274,642 2,702 - 257,221 327,704 587,627 914,744 553,906 541,787 594,405 (3,083) - -

71027 N/A 295,127 380,378 243,400 1,316 17,277 23,809 42,027 84,429 164 - 15,571 - 15,735 48,065 26,222 29,067 15,274 (1,869) - -

71028 N/A 141,148 181,920 116,409 629 8,263 11,387 1,289 21,568 78 - 7,447 13,671 21,196 3,023 (7,424) 4,506 4,358 (1,067) - -

71030 N/A 159,832 206,002 131,818 713 9,356 12,894 2,909 25,872 89 - 8,433 13,500 22,022 9,529 (2,301) 2,390 4,927 (1,167) - -

71031 N/A 1,862,610 2,400,649 1,536,147 8,304 109,036 150,266 22,826 290,432 1,032 - 98,271 8,599 107,902 189,356 51,499 85,532 59,431 (13,932) - -

71032 N/A 3,093,095 3,986,575 2,550,963 13,789 181,068 249,535 563,493 1,007,885 1,714 - 163,191 12,107 177,012 521,781 292,852 347,806 206,423 (16,209) - -

71034 N/A 835,856 1,077,304 689,354 3,726 48,930 67,433 60,114 180,203 463 - 44,100 32,795 77,358 119,410 57,546 38,550 13,987 (7,238) - -

71035 N/A 5,363,299 7,220,614 3,918,095 46,308 496,655 553,498 134,475 1,230,936 189 - 365,006 655,793 1,020,988 540,674 100,847 159,321 31,124 (81,345) - -

71036 N/A 925,902 1,193,361 763,618 4,128 54,202 74,697 5,024 138,051 513 - 48,850 79,668 129,031 69,472 943 11,182 5,493 (8,598) - -

71037 N/A 520,919 671,393 429,616 2,322 30,494 42,025 - 74,841 289 - 27,484 14,494 42,267 44,118 5,563 16,969 14,086 (4,044) - -

71038 N/A 3,667,506 4,735,811 3,010,102 16,997 219,971 299,366 493,314 1,029,648 1,952 - 195,866 117,569 315,387 547,261 274,580 244,849 216,264 (21,430) - -

71039 N/A 260,684 335,986 214,994 1,162 15,260 21,031 - 37,453 144 - 13,754 763,345 777,243 (275,504) (294,798) (240,413) (188,684) (15,895) - -

71042 N/A 276,668 356,587 228,176 1,233 16,196 22,320 133,219 172,968 153 - 14,597 104,301 119,051 7,939 (12,538) 17,919 47,510 1,027 - -

71043 N/A 130,117 167,703 107,311 580 7,617 10,497 14,603 33,297 72 - 6,865 10,310 17,247 12,696 3,065 5,704 7,940 (658) - -

71044 N/A 10,119,145 13,053,672 8,326,714 45,946 599,178 820,866 73,668 1,539,658 5,505 - 536,941 245,287 787,733 949,015 198,469 398,161 236,724 (81,429) - -

71045 N/A 3,358,507 4,328,654 2,769,855 14,972 196,605 270,948 - 482,525 1,862 - 177,194 272,770 451,826 175,218 (73,355) 76,389 56,399 (28,735) - -

71047 N/A 1,318,137 1,699,538 1,086,056 5,923 77,543 106,592 266,091 456,149 725 - 69,715 - 70,440 240,003 142,354 143,906 103,963 (4,514) - -

71101 N/A 10,806,022 13,927,478 8,912,032 48,173 632,577 871,776 142,862 1,695,388 5,989 - 570,123 77,264 653,376 1,100,530 300,745 471,161 350,199 (80,092) - -

71103 N/A 19,460,169 25,581,946 15,228,665 123,142 1,435,980 1,766,219 713,855 4,039,196 6,263 - 1,159,993 110,141 1,276,397 2,426,198 916,243 1,144,851 768,428 (66,723) - -

71105 N/A 10,710,053 14,176,748 8,221,283 74,863 848,141 1,010,300 46,397 1,979,701 2,565 - 664,384 487,521 1,154,470 1,061,962 217,373 413,685 253,563 (59,388) - -

71106 N/A 826,626 1,065,408 681,742 3,685 48,390 66,688 28,493 147,256 458 - 43,613 10,119 54,190 87,880 26,699 46,330 26,314 (6,277) - -

71107 N/A 595,882 768,010 491,441 2,656 34,883 48,073 2,943 88,555 330 - 31,439 15,055 46,824 57,603 13,500 20,299 12,825 (4,892) - -

71108 N/A 903,841 1,164,927 745,423 4,029 52,910 72,917 63,616 193,472 501 - 47,686 50,163 98,350 96,401 29,505 55,071 18,324 (7,777) - -

71109 N/A 2,248,502 2,951,744 1,766,285 13,931 163,493 202,472 36,359 416,255 761 - 132,941 49,131 182,833 229,581 55,684 109,398 77,676 (9,335) - -

71112 N/A 4,708,144 6,068,637 3,882,140 21,024 275,900 380,021 392,080 1,069,025 2,605 - 248,530 15,858 266,993 647,456 298,925 327,242 209,460 (33,595) - -

71113 N/A - - - - - - 45,847 45,847 - - - 4,111,668 4,111,668 (1,528,784) (1,528,784) (1,561,712) (914,804) (60,522) - -

71114 N/A 263,386 339,468 217,222 1,174 15,418 21,249 51,249 89,090 146 - 13,896 - 14,042 49,384 29,890 33,648 13,282 (1,772) - -

71115 N/A 1,058,271 1,363,966 872,786 4,718 61,950 85,376 16,612 168,656 587 - 55,834 44,960 101,381 106,130 27,804 31,700 16,891 (9,119) - -

71117 N/A 497,507 641,218 410,308 2,218 29,124 40,136 51,014 122,492 276 - 26,248 - 26,524 72,378 35,556 42,343 21,508 (3,439) - -

71201 N/A 6,582,769 8,705,049 5,066,973 45,398 516,273 617,644 543,143 1,722,458 1,653 - 406,098 232,314 640,065 837,284 319,348 441,101 347,361 (25,417) - -

71202 N/A 25,244,587 33,016,920 20,032,603 147,450 1,762,529 2,224,897 1,644,399 5,779,275 9,653 - 1,459,759 160,718 1,630,130 3,200,354 1,265,109 1,628,025 1,248,456 7,555 - -

71205 N/A 849,138 1,094,422 700,308 3,785 49,708 68,504 42,443 164,440 471 - 44,800 34,894 80,165 82,326 19,479 34,153 36,195 (5,553) - -

71206 N/A 4,765,707 6,142,342 3,930,414 21,246 278,981 384,473 394,867 1,079,567 2,641 - 251,437 - 254,078 644,150 291,426 346,401 218,948 (31,286) - -

71207 N/A 2,376,325 3,062,757 1,959,823 10,594 139,108 191,710 219,620 561,032 1,317 - 125,374 15,767 142,458 321,633 145,755 192,617 97,033 (16,831) - -

71209 N/A 685,929 884,068 565,705 3,058 40,154 55,337 33,740 132,289 380 - 36,189 16,926 53,495 70,294 19,527 41,941 22,524 (5,196) - -

71210 N/A 482,199 621,488 397,683 2,150 28,228 38,901 37,808 107,087 267 - 25,441 13,318 39,026 51,221 15,533 32,309 23,286 (3,067) - -

App III - 3

Page 45: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

71213 N/A 329,737 434,840 255,785 2,187 25,147 30,466 - 57,800 94 - 20,021 47,874 67,989 14,505 (11,271) (782) 3,620 (1,756) - -

71214 N/A 387,425 499,337 319,520 1,727 22,680 31,255 251,408 307,070 215 - 20,440 33,796 54,451 92,047 63,373 93,439 92,829 2,978 - -

71215 N/A - - - - - - - - - - - 570,659 570,659 (263,664) (263,664) (224,313) (78,291) (4,390) - -

71216 N/A 476,796 614,524 393,227 2,126 27,911 38,466 16,617 85,120 264 - 25,156 - 25,420 55,627 20,338 25,354 17,419 (3,411) - -

71301 N/A 7,298,429 9,568,169 5,754,389 44,279 523,019 652,136 - 1,219,434 2,586 - 428,072 254,982 685,640 691,307 128,652 250,055 195,617 (40,530) - -

71302 N/A 2,780,314 3,640,855 2,198,854 16,569 196,805 246,818 99,357 559,549 1,022 - 161,979 114,556 277,557 296,562 82,792 114,292 99,135 (14,228) - -

71303 N/A 17,950,113 23,525,882 14,163,353 108,426 1,282,460 1,601,330 904,476 3,896,692 6,419 - 1,051,079 333,636 1,391,134 2,254,610 871,701 1,178,855 553,200 (98,199) - -

71304 N/A 66,184 85,302 54,584 295 3,874 5,339 13,266 22,774 37 - 3,492 10,672 14,201 12,019 7,121 3,439 (1,220) (767) - -

71305 N/A 958,493 1,258,805 752,060 5,977 70,010 86,519 24,528 187,034 319 - 56,812 86,746 143,877 71,999 (2,204) 26,019 19,959 (617) - -

71307 N/A 253,945 329,302 206,151 1,278 16,053 21,273 54,571 93,175 123 - 13,931 15,763 29,817 38,614 19,541 24,765 18,481 571 - -

71309 N/A 25,841,797 33,313,032 21,301,792 115,676 1,516,618 2,087,338 786,153 4,505,785 14,264 - 1,365,138 7,944 1,387,346 2,983,025 1,069,494 1,436,375 809,553 (196,984) - -

71310 N/A 138,897 179,019 114,552 619 8,131 11,205 65,785 85,740 77 - 7,328 23,730 31,135 33,654 23,374 12,825 18,335 71 - -

71311 N/A 355,909 458,717 293,528 1,587 20,835 28,713 3,301 54,436 197 - 18,778 19,477 38,452 30,355 4,013 6,965 7,859 (2,854) - -

71312 N/A 2,270,407 2,926,691 1,871,733 10,154 133,174 183,341 41,240 367,909 1,254 - 119,905 63,492 184,651 226,046 57,944 96,048 48,131 (18,864) - -

71313 N/A 22,512 29,014 18,566 100 1,318 1,816 14,612 17,846 12 - 1,188 - 1,200 7,037 5,371 5,707 5,395 173 - -

71314 N/A 13,957 17,989 11,511 62 817 1,126 441 2,446 8 - 736 294 1,038 1,380 347 628 530 (98) - -

71315 N/A 676,924 872,462 558,278 3,018 39,627 54,611 155,662 252,918 375 - 35,714 249,807 285,896 60,695 10,594 20,975 (53,392) (11,155) - -

71401 N/A 20,274,443 26,689,518 15,804,973 130,996 1,518,092 1,854,689 131,541 3,635,318 6,189 - 1,218,422 569,536 1,794,147 2,101,769 523,463 887,734 539,749 (109,777) - -

71402 N/A 4,992,952 6,561,406 3,910,915 31,433 367,113 452,291 38,658 889,495 1,627 - 297,030 58,280 356,937 544,617 157,513 229,962 164,348 (19,264) - -

71404 N/A 674,223 868,980 556,050 3,006 39,469 54,393 2,078 98,946 374 - 35,572 42,460 78,406 50,217 316 8,907 16,552 (5,235) - -

71406 N/A 887,662 1,168,540 691,960 5,736 66,473 81,207 65,857 219,273 271 - 53,348 18,928 72,547 119,097 49,993 60,213 40,142 (3,621) - -

71407 N/A 1,070,198 1,405,722 839,359 6,689 78,294 96,685 52,872 234,540 355 - 63,489 18,903 82,747 124,161 41,281 65,280 47,850 (2,619) - -

71408 N/A 1,021,352 1,316,382 842,338 4,553 59,789 82,398 25,507 172,247 566 - 53,886 36,382 90,834 113,438 37,845 34,800 17,498 (8,730) - -

71409 N/A 7,552,307 9,736,682 6,224,017 33,871 443,765 610,379 126,364 1,214,379 4,161 - 399,202 76,048 479,411 745,611 186,255 353,488 250,567 (55,341) - -

71501 N/A 41,752,276 54,938,675 32,588,252 267,984 3,111,753 3,809,850 1,718,349 8,907,936 12,968 - 2,502,636 737,078 3,252,682 4,835,152 1,588,271 2,304,492 1,764,142 (1,651) - -

71504 N/A 8,908,260 11,719,479 6,956,682 57,015 662,601 811,994 440,233 1,971,843 2,787 - 533,368 295,585 831,740 1,073,068 380,624 526,518 283,456 (50,495) - -

71505 N/A 5,057,233 6,518,078 4,170,843 22,545 296,047 407,992 295,588 1,022,172 2,803 - 266,818 8,112 277,733 672,949 298,648 311,638 171,766 (37,613) - -

71506 N/A 3,125,403 4,105,550 2,450,793 19,556 228,821 282,470 102,770 633,617 1,033 - 185,491 57,540 244,064 345,911 103,827 164,357 123,075 (1,707) - -

71601 N/A 26,727,880 35,066,712 21,029,566 164,099 1,931,219 2,398,695 275,299 4,769,312 9,228 - 1,574,777 2,630,444 4,214,449 1,866,018 (198,221) 605,548 379,163 (231,627) - -

71603 N/A 13,282 17,118 10,954 59 778 1,072 - 1,909 7 - 701 729 1,437 1,026 43 315 226 (112) - -

71604 N/A 4,159,695 5,361,275 3,430,618 18,544 243,505 335,583 183,172 780,804 2,306 - 219,464 87,334 309,104 443,553 135,682 193,056 170,910 (27,949) - -

71605 N/A 10,778,576 14,157,716 8,453,831 67,363 788,489 973,728 229,907 2,059,487 3,574 - 639,411 173,722 816,707 1,220,856 386,137 501,012 378,862 (23,230) - -

71606 N/A 1,291,491 1,664,554 1,065,129 5,757 75,603 104,191 64,403 249,954 716 - 68,139 29,687 98,542 133,574 37,987 78,623 44,416 (9,614) - -

71607 N/A 7,399,085 9,759,228 5,736,835 49,187 565,282 684,307 256,201 1,554,977 2,087 - 449,714 336,203 788,004 839,753 261,113 342,912 180,898 (17,950) - -

71608 N/A 130,567 168,283 107,683 582 7,643 10,534 1,475 20,234 72 - 6,889 2 6,963 13,824 4,161 6,114 3,988 (992) - -

71609 N/A 2,813,726 3,626,506 2,320,559 12,544 164,713 226,997 114,460 518,714 1,560 - 148,451 65,748 215,759 275,279 67,027 139,014 115,934 (19,020) - -

71610 N/A 5,902,097 7,609,781 4,863,052 26,515 347,158 477,246 106,455 957,374 3,246 - 312,136 6,726 322,108 644,069 206,850 292,163 181,167 (44,915) - -

71611 N/A 894,611 1,153,031 737,811 3,988 52,370 72,173 69,711 198,242 496 - 47,199 16,317 64,012 104,992 38,780 63,877 37,741 (6,168) - -

71612 N/A 42,997 55,417 35,461 192 2,517 3,469 7,802 13,980 24 - 2,269 - 2,293 7,209 4,027 4,269 3,555 (163) - -

71614 N/A 281,395 362,680 232,074 1,254 16,473 22,702 28,288 68,717 156 - 14,846 5,575 20,577 40,077 19,250 23,459 7,739 (2,306) - -

71701 N/A 16,467,397 21,577,790 13,001,312 99,121 1,173,676 1,467,172 146,049 2,886,018 5,932 - 962,977 1,215,088 2,183,997 1,334,076 66,067 464,008 294,880 (122,934) - -

71702 N/A 7,508,942 9,798,242 5,995,649 42,218 510,879 652,942 73,603 1,279,642 3,075 - 428,193 323,023 754,291 734,728 162,234 282,270 140,330 (59,482) - -

71705 N/A 1,817,933 2,380,735 1,437,528 10,843 128,760 161,435 536,869 837,907 667 - 105,946 201,035 307,648 252,773 112,980 185,376 208,993 22,910 - -

71706 N/A 325,835 434,556 244,786 2,514 27,731 32,012 6,967 69,224 49 - 21,079 60,980 82,108 4,127 (22,021) (59) 8,881 316 - -

71707 N/A 53,353 68,764 44,001 238 3,123 4,304 782 8,447 30 - 2,815 2,051 4,896 5,267 1,318 1,825 870 (462) - -

71802 N/A 1,454,000 1,926,620 1,112,879 10,307 116,318 137,935 395,492 660,052 330 - 90,724 123,932 214,986 207,445 92,508 148,764 165,572 38,223 - -

71803 N/A 82,334,311 107,679,271 65,342,545 480,595 5,745,919 7,254,766 3,673,893 17,155,173 31,521 - 4,759,826 996,655 5,788,002 9,894,229 3,583,086 5,071,354 2,961,440 (248,709) - -

71805 N/A 415,564 535,605 342,728 1,853 24,327 33,526 92,526 152,232 230 - 21,925 16,874 39,029 57,789 27,032 45,366 41,826 (1,020) - -

71807 N/A 2,596,489 3,346,518 2,141,398 11,575 151,997 209,472 - 373,044 1,439 - 136,990 382,204 520,633 110,084 (82,090) (24,994) (14,416) (26,089) - -

71808 N/A 7,267,873 9,367,290 5,994,020 32,400 425,456 586,336 183,453 1,227,645 4,028 - 383,451 62,296 449,775 743,875 205,959 359,397 264,474 (51,960) - -

71809 N/A 32,370,233 42,847,955 24,848,249 226,264 2,563,391 3,053,519 1,297,834 7,141,008 7,755 - 2,008,026 - 2,015,781 4,187,109 1,634,420 2,088,617 1,397,559 4,630 - -

71810 N/A 2,711,073 3,494,201 2,235,898 12,086 158,704 218,716 208,133 597,639 1,503 - 143,035 21,410 165,948 341,828 141,174 197,097 112,279 (18,858) - -

71811 N/A 13,572,463 17,493,827 11,192,305 60,563 794,989 1,095,267 790,253 2,741,072 7,516 - 716,289 138,560 862,365 1,543,129 538,484 840,998 588,858 (89,633) - -

71812 N/A 309,872 404,912 246,493 1,783 21,419 27,167 22,527 72,896 122 - 17,821 9,771 27,714 38,357 14,652 18,528 12,658 (656) - -

71813 N/A 2,194,882 2,828,901 1,810,181 9,785 128,487 177,072 131,804 447,148 1,217 - 115,801 6,839 123,857 270,505 108,056 129,613 99,822 (14,200) - -

71815 N/A 448,370 589,466 350,795 2,841 33,114 40,713 31,666 108,334 144 - 26,739 4,609 31,492 59,783 24,986 32,772 18,489 596 - -

71817 N/A 1,566,583 2,019,110 1,292,005 6,984 91,707 126,384 107,186 332,261 868 - 82,652 - 83,520 204,824 88,877 98,150 71,841 (10,127) - -

71819 N/A 4,277 5,513 3,528 19 250 345 - 614 2 - 226 1,457 1,685 (82) (399) (297) (310) (65) - -

71901 N/A 14,669,622 19,278,748 11,489,047 92,417 1,079,137 1,329,213 116,553 2,617,320 4,772 - 872,933 845,132 1,722,837 1,387,422 249,960 501,796 235,579 (92,850) - -

71902 N/A 191,399 253,373 146,890 1,339 15,169 18,063 4,393 38,964 46 - 11,879 8,478 20,403 22,091 6,995 8,292 4,292 (1,018) - -

71904 N/A 1,438,332 1,893,894 1,120,503 9,326 107,969 131,757 20,000 269,052 435 - 86,560 56,124 143,119 153,023 40,989 58,095 35,956 (9,106) - -

71905 N/A 946,276 1,252,030 727,274 6,575 74,615 89,051 20,615 190,856 232 - 58,557 7,722 66,511 111,642 37,094 51,039 36,819 (607) - -

71906 N/A 3,738,728 4,818,707 3,083,435 16,667 218,862 301,622 21,776 558,927 2,072 - 197,254 359,240 558,566 276,769 55 40,330 (3,249) (36,775) - -

71907 N/A 172,664 222,540 142,401 770 10,108 13,930 112,042 136,850 96 - 9,110 - 9,206 53,961 41,182 43,764 41,370 1,328 - -

72001 N/A 7,457,085 9,706,039 5,994,477 40,143 492,800 638,810 119,034 1,290,787 3,276 - 418,701 427,008 848,985 703,813 138,687 259,026 114,719 (70,630) - -

72002 N/A 25,250,326 32,981,168 20,108,096 144,338 1,737,275 2,208,438 520,010 4,610,061 10,046 - 1,448,570 393,233 1,851,849 2,605,707 676,043 1,229,608 939,880 (87,320) - -

72004 N/A 624,922 805,439 515,391 2,786 36,582 50,416 2,824 92,608 346 - 32,971 20,032 53,349 55,469 9,217 17,654 17,179 (4,792) - -

72006 N/A 4,867,685 6,273,777 4,014,517 21,700 284,951 392,701 388,809 1,088,161 2,698 - 256,818 4,764,065 5,023,581 (778,553) (1,138,824) (1,345,273) (1,309,527) (141,794) - -

72007 N/A 987,134 1,272,280 814,117 4,401 57,786 79,637 134,603 276,427 547 - 52,081 71,962 124,590 130,971 57,911 85,161 17,689 (8,923) - -

72009 N/A 5,378,955 6,933,235 4,435,359 24,016 315,176 434,143 5,124 778,459 2,977 - 283,925 198,263 485,165 469,285 71,103 159,027 107,095 (43,930) - -

72010 N/A 443,254 571,293 365,564 1,976 25,948 35,759 26,907 90,590 246 - 23,386 52 23,684 54,422 21,615 28,283 19,920 (2,912) - -

72011 N/A 335,887 437,774 269,046 1,851 22,545 29,004 39,835 93,235 142 - 19,016 7,449 26,607 52,725 27,189 27,919 11,693 (174) - -

72012 N/A 157,581 203,101 129,962 702 9,225 12,713 946 23,586 87 - 8,314 4,058 12,459 13,878 2,215 6,215 3,957 (1,259) - -

72101 N/A 42,647,421 56,005,837 33,468,445 265,680 3,112,822 3,848,120 643,904 7,870,526 14,246 - 2,526,812 855,984 3,397,042 4,484,233 1,183,148 1,994,529 1,448,533 (152,724) - -

72102 N/A 65,744,951 85,907,251 52,301,383 378,237 4,543,139 5,763,230 377,551 11,062,157 25,857 - 3,780,549 1,176,324 4,982,730 6,918,760 1,889,806 2,816,429 1,779,802 (406,610) - -

72108 N/A 682,126 891,759 541,919 3,957 47,399 59,969 35,801 147,126 264 - 39,343 43,862 83,469 75,892 23,654 35,267 14,137 (9,402) - -

72109 N/A 372,512 490,220 290,655 2,395 27,797 34,015 95,009 159,216 115 - 22,345 29,634 52,094 57,874 28,897 35,906 36,537 5,781 - -

72110 N/A 2,744,613 3,540,039 2,259,282 12,425 162,215 222,445 171,720 568,805 1,498 - 145,500 - 146,998 345,132 141,631 169,229 125,600 (14,653) - -

72111 N/A 250,075 328,606 195,923 1,572 18,372 22,643 12,174 54,761 82 - 14,870 20,014 34,966 23,068 3,683 12,178 6,221 (2,286) - -

72112 N/A 5,009,058 6,455,988 4,131,112 22,330 293,227 404,106 43,184 762,847 2,776 - 264,276 20,142 287,194 523,897 153,162 223,752 137,918 (39,178) - -

72113 N/A 338,460 442,461 268,916 1,962 23,509 29,750 43,717 98,938 131 - 19,517 - 19,648 59,014 33,096 27,168 17,460 1,566 - -

72114 N/A 531,724 685,319 438,528 2,370 31,127 42,897 13,312 89,706 295 - 28,054 57,868 86,217 40,634 1,280 (328) 7,073 (4,537) - -

72115 N/A 14,766,337 19,032,378 12,177,235 65,872 864,766 1,191,509 388,682 2,510,829 8,179 - 779,227 54,208 841,614 1,582,280 489,298 749,081 535,697 (104,860) - -

72116 N/A 1,937,349 2,496,977 1,597,786 8,637 113,411 156,296 - 278,344 1,074 - 102,214 187,453 290,741 102,229 (41,160) 28,301 18,050 (17,588) - -

72117 N/A 658,516 868,704 510,355 4,387 50,390 60,956 99,191 214,924 185 - 40,060 255,750 295,995 (69,450) (120,967) (13,318) 43,526 9,688 - -

72119 N/A 8,154,700 10,705,563 6,405,188 50,552 593,177 734,463 2,062,008 3,440,200 2,755 - 482,244 683,919 1,168,918 1,245,266 614,535 752,731 776,853 127,163 - -

72120 N/A 296,515 394,857 223,735 2,244 24,884 28,898 106,077 162,103 50 - 19,023 50,070 69,143 64,916 41,205 40,404 15,836 (4,484) - -

App III - 4

Page 46: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

72122 N/A 1,603,945 2,094,863 1,277,563 9,157 110,260 140,222 83,147 342,786 640 - 91,973 21,417 114,030 198,708 76,155 92,281 68,152 (7,832) - -

72123 N/A 1,199,492 1,572,381 945,960 7,267 85,874 107,123 12,035 212,299 426 - 70,316 629,357 700,099 (123,195) (215,648) (164,176) (84,225) (23,750) - -

72124 N/A 5,282,124 6,807,932 4,356,317 23,548 309,212 426,135 107,004 865,899 2,928 - 278,683 87,951 369,562 570,824 179,879 233,824 125,532 (42,898) - -

72125 N/A 270,364 348,463 222,977 1,205 15,827 21,812 68,940 107,784 150 - 14,264 36,027 50,441 46,535 26,525 12,101 19,780 (1,062) - -

72126 N/A 148,253 198,292 110,438 1,185 12,957 14,790 5,334 34,266 17 - 9,743 2,329 12,089 19,244 7,267 8,680 5,816 414 - -

72127 N/A 988,034 1,273,441 814,860 4,405 57,839 79,710 103,921 245,875 548 - 52,128 402,739 455,415 26,017 (47,111) (46,856) (98,374) (17,199) - -

72201 N/A 15,425,186 20,235,811 12,139,659 94,568 1,113,430 1,383,597 367,763 2,959,358 5,342 - 908,334 121,927 1,035,603 1,735,186 544,136 807,561 608,939 (36,881) - -

72202 N/A 53,425,429 70,350,696 41,613,718 346,702 4,012,697 4,895,483 1,289,026 10,543,908 16,122 - 3,216,227 - 3,232,349 6,545,328 2,383,416 3,003,646 2,029,371 (104,873) - -

72203 N/A 449,107 578,837 370,391 2,002 26,290 36,232 2,444 66,968 249 - 23,695 25,003 48,947 26,131 (7,108) 15,159 13,383 (3,413) - -

72204 N/A 8,238,123 10,617,809 6,794,213 36,726 482,254 664,611 116,888 1,300,479 4,566 - 434,641 152,066 591,273 878,118 268,391 307,646 199,165 (65,995) - -

72205 N/A 4,939,047 6,365,753 4,073,372 22,018 289,128 398,458 190,681 900,285 2,738 - 260,583 - 263,321 571,342 205,789 277,084 188,898 (34,807) - -

72206 N/A 23,187 29,885 19,123 103 1,357 1,871 254 3,585 13 - 1,223 1,546 2,782 1,967 251 415 337 (200) - -

72207 N/A 841,034 1,083,977 693,624 3,749 49,233 67,850 47,761 168,593 466 - 44,373 90,650 135,489 73,026 10,778 3,067 25,294 (6,036) - -

72210 N/A 4,818,160 6,209,946 3,973,672 21,479 282,052 388,705 190,547 882,783 2,671 - 254,205 253,142 510,018 558,920 202,314 137,519 74,433 (41,500) - -

72301 N/A 28,698,474 36,988,390 23,668,442 127,938 1,679,988 2,315,250 - 4,123,176 15,907 - 1,514,123 354,566 1,884,596 2,725,151 601,095 1,061,157 798,126 (221,798) - -

72302 N/A 82,631,455 107,893,155 65,864,898 469,625 5,663,034 7,212,424 497,484 13,842,567 33,214 - 4,730,470 630,742 5,394,426 8,721,309 2,411,708 3,742,604 2,621,346 (327,517) - -

72303 N/A 17,490,425 22,551,456 14,410,582 78,605 1,029,036 1,414,452 679,879 3,201,972 9,616 - 925,106 133,296 1,068,018 1,972,506 676,779 1,032,100 555,396 (130,321) - -

72304 N/A 16,054,552 20,693,945 13,237,637 71,705 940,909 1,295,920 18,181 2,326,715 8,882 - 847,521 249,570 1,105,973 1,540,941 352,442 579,633 417,011 (128,345) - -

72305 N/A 228,767,040 299,863,456 180,448,127 1,384,425 16,365,476 20,422,225 437,114 38,609,240 81,481 - 13,405,028 1,593,593 15,080,102 24,772,305 7,142,748 10,560,074 6,903,182 (1,076,866) - -

72306 N/A 27,457,859 35,389,408 22,645,272 122,407 1,607,363 2,215,163 149,976 4,094,909 15,219 - 1,448,668 611,051 2,074,938 2,573,528 541,293 1,061,782 639,918 (223,022) - -

72307 N/A 9,218,963 12,256,793 6,988,497 68,351 761,953 890,734 3,921,264 5,642,302 1,722 - 586,209 4,581,436 5,169,367 699,431 (35,056) 102,997 (78,223) 483,217 - -

72309 N/A 19,322,388 25,471,118 15,005,574 127,382 1,467,500 1,781,281 952,995 4,329,158 5,583 - 1,170,501 282,139 1,458,223 2,500,117 991,069 1,268,795 706,535 (95,464) - -

72314 N/A 15,243,794 19,845,564 12,246,628 82,383 1,010,025 1,307,604 1,683,381 4,083,393 6,656 - 857,097 8,520 872,273 2,197,170 1,041,320 1,248,220 968,711 (47,133) - -

72316 N/A 1,155,971 1,489,888 953,362 5,153 67,670 93,258 8,806 174,887 641 - 60,989 26,685 88,315 114,962 29,405 42,391 24,341 (9,565) - -

72319 N/A 8,769,847 11,303,128 7,232,741 39,096 513,380 707,507 67,674 1,327,657 4,861 - 462,695 653,365 1,120,921 652,290 3,209 209,709 74,605 (80,787) - -

72321 N/A 32,567,725 41,978,346 26,854,570 145,406 1,908,282 2,628,587 1,930,544 6,612,819 18,024 - 1,719,068 8,442 1,745,534 4,027,541 1,616,691 2,082,114 1,389,289 (220,809) - -

72322 N/A 3,784,652 4,877,896 3,121,309 16,872 221,551 305,327 120,820 664,570 2,098 - 199,677 83,884 285,659 418,511 138,398 185,524 86,221 (31,232) - -

72323 N/A 16,441,328 21,745,109 12,650,335 113,613 1,291,303 1,543,865 193,488 3,142,269 4,101 - 1,015,110 591,300 1,610,511 1,722,697 428,654 701,838 470,842 (69,576) - -

72324 N/A 4,376,472 5,880,988 3,215,314 36,984 398,714 447,319 89,020 972,037 254 - 294,902 328,034 623,190 469,978 112,617 180,467 85,806 (30,043) - -

72327 N/A 13,243,804 17,069,444 10,922,540 59,041 775,283 1,068,444 1,335,883 3,238,651 7,341 - 698,739 1,453,355 2,159,435 1,611,309 631,098 623,760 (38,795) (136,847) - -

72328 N/A 921,069 1,238,785 674,925 7,862 84,552 94,565 20,858 207,837 44 - 62,352 20,836 83,232 111,065 35,705 51,477 35,413 2,010 - -

72329 N/A 5,477,114 7,355,316 4,031,621 45,944 496,208 557,977 59,065 1,159,194 360 - 367,818 208,852 577,030 627,385 180,803 265,736 152,733 (17,108) - -

72330 N/A 675,573 870,721 557,164 3,012 39,548 54,502 6,644 103,706 374 - 35,643 54,825 90,842 47,779 (2,222) 15,950 5,389 (6,254) - -

72331 N/A 2,424,950 3,125,428 1,999,925 10,810 141,955 195,633 8,418 356,816 1,344 - 127,940 332,749 462,033 124,743 (54,735) (24,514) (2,556) (23,411) - -

72332 N/A 8,371,234 11,012,989 6,537,294 53,578 622,661 763,047 74,033 1,513,319 2,619 - 501,217 156,402 660,238 910,276 259,575 373,920 246,693 (27,105) - -

72333 N/A 3,658,532 4,871,555 2,761,133 27,668 306,807 356,414 130,792 821,681 616 - 234,624 252,805 488,045 403,991 111,471 166,824 86,250 (30,909) - -

72334 N/A 4,855,304 6,257,819 4,004,306 21,645 284,226 391,702 89,364 786,937 2,691 - 256,164 68,828 327,683 537,532 178,177 186,609 132,164 (37,697) - -

72335 N/A 2,455,341 3,164,597 2,024,989 10,946 143,734 198,085 7,201 359,966 1,361 - 129,543 32,428 163,332 241,828 60,101 91,651 64,190 (19,308) - -

72338 N/A 4,576,559 6,158,158 3,348,709 39,278 421,864 471,024 145,205 1,077,371 190 - 310,593 323,362 634,145 509,891 135,036 205,043 111,180 (8,034) - -

72339 N/A 1,923,392 2,478,988 1,586,276 8,574 112,594 155,170 436,808 713,146 1,066 - 101,478 444,407 546,951 196,524 54,168 164,008 (29,245) (22,735) - -

72340 N/A 1,035,534 1,334,661 854,034 4,616 60,619 83,542 46,792 195,569 574 - 54,634 37,965 93,173 118,299 41,656 35,539 32,803 (7,603) - -

72342 N/A 4,890,872 6,303,662 4,033,640 21,803 286,308 394,571 38,117 740,799 2,711 - 258,041 136,962 397,714 466,480 104,493 181,273 98,241 (40,921) - -

72343 N/A 2,376,214 3,199,823 1,734,727 20,570 220,473 245,511 52,258 538,812 77 - 161,909 22,608 184,594 297,152 102,185 142,241 99,757 10,035 - -

72346 N/A 6,045,974 8,069,832 4,531,385 47,123 518,439 596,550 189,688 1,351,800 844 - 392,860 151,730 545,434 782,346 296,258 339,609 177,426 (6,928) - -

72347 N/A 1,018,596 1,375,299 737,626 9,083 96,674 106,674 301,497 513,928 - - 70,377 294,192 364,569 54,620 (29,464) 146,557 32,863 (596) - -

72348 N/A 1,463,705 1,886,514 1,207,159 6,525 85,684 118,084 31,297 241,590 811 - 77,225 71,276 149,312 146,847 38,514 47,601 19,165 (13,002) - -

72349 N/A 1,007,527 1,303,666 822,568 4,863 62,005 83,283 38,617 188,768 512 - 54,515 69,039 124,066 103,757 28,477 35,871 8,408 (8,054) - -

72350 N/A 426,145 549,242 351,454 1,900 24,946 34,379 10,261 71,486 236 - 22,483 - 22,719 48,828 17,288 20,853 13,802 (3,176) - -

72351 N/A 2,298,435 2,962,367 1,895,584 10,246 134,549 185,426 - 330,221 1,274 - 121,265 38,218 160,757 212,460 42,346 86,075 59,218 (18,176) - -

72352 N/A 1,657,542 2,228,914 1,215,222 14,120 151,928 170,026 471,986 808,060 82 - 112,104 191,298 303,484 269,601 134,039 153,408 143,580 73,547 - -

72353 N/A 301,133 406,586 218,068 2,685 28,580 31,536 2,361 65,162 - - 20,806 9,278 30,084 34,630 9,772 14,923 10,524 (140) - -

72401 N/A 20,396,192 26,287,890 16,821,316 90,926 1,193,978 1,645,463 334,972 3,265,339 11,305 - 1,076,097 300,034 1,387,436 2,143,764 634,183 909,960 498,468 (164,708) - -

72402 N/A 16,103,677 21,068,559 12,767,670 94,558 1,128,397 1,421,966 139,517 2,784,438 6,096 - 933,017 179,901 1,119,014 1,741,111 505,650 754,653 495,422 (90,302) - -

72403 N/A 37,826,349 49,437,288 30,074,275 218,387 2,620,158 3,320,015 512,901 6,671,461 14,781 - 2,177,952 535,390 2,728,123 4,107,488 1,212,610 1,780,919 1,191,192 (241,384) - -

72404 N/A 1,853,156 2,388,463 1,528,350 8,261 108,482 149,503 8,406 274,652 1,027 - 97,772 99,247 198,046 157,308 20,151 50,831 22,203 (16,579) - -

72407 N/A 8,148,752 10,502,622 6,720,506 36,327 477,022 657,401 38,758 1,209,508 4,517 - 429,926 214,125 648,568 724,144 121,032 310,790 194,918 (65,799) - -

72408 N/A 1,653,253 2,130,815 1,363,484 7,370 96,780 133,376 5,554 243,080 916 - 87,225 98,918 187,059 125,445 3,083 44,715 22,787 (14,564) - -

72409 N/A 18,144,529 23,393,423 14,951,814 81,443 1,066,685 1,466,797 188,965 2,803,890 9,988 - 959,329 597,453 1,566,770 1,710,885 366,896 671,950 350,240 (151,966) - -

72411 N/A 196,301 253,005 161,895 875 11,491 15,837 - 28,203 109 - 10,357 92,226 102,692 (12,132) (26,661) (21,900) (22,387) (3,541) - -

72412 N/A 1,152,408 1,521,815 890,538 7,793 89,119 107,292 52,471 256,675 309 - 70,526 8,065 78,900 147,734 57,358 73,480 49,751 (2,814) - -

72413 N/A 3,031,413 3,907,075 2,500,092 13,514 177,457 244,559 - 435,530 1,680 - 159,936 399,724 561,340 122,520 (101,844) (11,669) 15,691 (27,987) - -

72415 N/A 340,150 438,407 280,532 1,516 19,912 27,442 2,742 51,612 189 - 17,946 65,326 83,461 14,436 (10,739) (7,621) (9,493) (3,996) - -

72416 N/A 18,358,442 23,661,509 15,140,726 81,842 1,074,690 1,481,067 686,545 3,324,144 10,175 - 968,586 516,172 1,494,933 1,891,778 533,018 738,272 685,742 (127,821) - -

72417 N/A 8,329 10,735 6,869 37 488 672 - 1,197 5 - 439 45,304 45,748 (17,973) (18,589) (18,210) (7,248) (505) - -

72501 N/A 15,030,176 19,697,627 11,861,554 90,693 1,073,066 1,340,328 331,979 2,836,066 5,386 - 879,752 375,852 1,260,990 1,602,083 444,314 756,574 447,482 (73,295) - -

72502 N/A 801,159 1,060,677 614,670 5,614 63,559 75,651 20,471 165,295 190 - 49,751 57,636 107,577 82,794 19,588 28,778 13,499 (4,147) - -

72504 N/A 107,605 138,689 88,745 480 6,299 8,681 11,113 26,573 60 - 5,677 2,288 8,025 14,044 6,080 9,332 3,944 (808) - -

72506 N/A 2,141,304 2,759,847 1,765,994 9,546 125,350 172,750 116,933 424,579 1,187 - 112,975 60,787 174,949 252,381 93,896 126,111 47,605 (17,982) - -

72507 N/A 3,327,216 4,288,324 2,744,049 14,833 194,773 268,423 37,127 515,156 1,844 - 175,543 264,352 441,739 212,798 (33,459) 37,854 93,846 (24,824) - -

72509 N/A 1,867,660 2,453,840 1,463,758 11,721 137,017 168,982 165,310 483,030 613 - 110,970 53,961 165,544 254,204 109,476 145,097 74,607 (11,695) - -

72510 N/A 800,858 1,066,180 604,762 6,041 67,035 77,937 363,973 514,986 137 - 51,303 180,937 232,377 144,779 80,776 131,430 82,052 (11,649) - -

72512 N/A 890,559 1,147,809 734,469 3,970 52,133 71,846 78,055 206,004 494 - 46,986 - 47,480 126,025 60,112 67,959 36,676 (6,223) - -

72513 N/A 1,374,334 1,771,327 1,133,452 6,127 80,452 110,874 21,860 219,313 762 - 72,509 132,239 205,510 87,393 (14,326) 32,076 8,957 (12,904) - -

72601 N/A 204,330,865 268,980,649 159,291,227 1,319,992 15,297,982 18,690,874 3,536,030 38,844,878 62,405 - 12,278,785 4,941,353 17,282,543 22,805,844 6,899,692 9,933,580 5,784,608 (1,055,545) - -

72602 N/A 20,027,449 26,283,630 15,744,832 123,529 1,451,715 1,800,430 762,318 4,137,992 6,844 - 1,182,077 204,606 1,393,527 2,506,245 958,405 1,150,243 732,279 (96,461) - -

72604 N/A 96,967,088 127,819,748 75,310,222 638,958 7,362,104 8,937,581 2,701,148 19,639,791 28,056 - 5,872,952 200,965 6,101,973 11,699,917 4,127,497 5,750,287 3,811,292 (151,256) - -

72605 N/A 7,533,742 9,893,231 5,912,749 46,911 549,709 679,660 104,069 1,380,349 2,519 - 446,287 115,196 564,002 854,784 271,683 359,903 223,625 (38,863) - -

72606 N/A 2,864,845 3,748,596 2,270,551 16,858 201,038 253,164 211,257 682,317 1,080 - 166,117 176,417 343,614 376,481 156,624 147,705 61,583 (27,209) - -

72608 N/A 36,350,619 46,850,955 29,979,383 162,051 2,127,939 2,932,587 808,097 6,030,674 20,148 - 1,917,848 739,525 2,677,521 3,831,185 1,140,772 1,674,275 836,518 (298,412) - -

72609 N/A 1,001,992 1,291,430 826,371 4,467 58,656 80,836 43,814 187,773 555 - 52,865 42,162 95,582 119,309 45,149 40,137 15,647 (8,743) - -

72611 N/A 5,258,036 6,776,887 4,336,451 23,440 307,802 424,192 796,730 1,552,164 2,914 - 277,412 - 280,326 962,452 573,290 462,436 268,825 (32,713) - -

72612 N/A 244,701 315,386 201,812 1,091 14,325 19,741 3,921 39,078 136 - 12,910 - 13,046 26,735 8,624 11,663 7,595 (1,849) - -

72613 N/A 389,742 519,461 293,329 2,984 32,978 38,163 164,856 238,981 61 - 25,127 61,222 86,410 93,578 62,347 64,123 21,300 4,801 - -

72614 N/A 761,742 1,008,906 583,748 5,368 60,679 72,092 32,814 170,953 177 - 47,414 115,011 162,602 69,285 9,131 8,802 (6,735) (2,847) - -

72615 N/A 10,052,784 12,956,657 8,290,815 44,815 588,483 811,008 376,515 1,820,821 5,572 - 530,382 962,732 1,498,686 946,883 202,848 82,776 123,775 (87,265) - -

72616 N/A 8,763,906 11,296,433 7,226,265 39,140 513,602 707,405 131,391 1,391,538 4,849 - 462,637 542,719 1,010,205 716,683 67,907 273,107 116,702 (76,384) - -

72617 N/A 9,428,312 12,151,799 7,775,795 42,031 551,926 760,629 537,015 1,891,601 5,226 - 497,435 61,036 563,697 1,084,388 386,572 559,480 441,940 (60,088) - -

App III - 5

Page 47: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

72619 N/A 2,073,994 2,673,094 1,710,482 9,246 121,410 167,320 13,999 311,975 1,150 - 109,423 70,168 180,741 173,123 19,621 66,416 60,888 (15,691) - -

72620 N/A 806,551 1,040,387 663,785 3,658 47,721 65,403 8,766 125,548 439 - 42,781 23,040 66,260 68,573 8,760 30,585 24,693 (4,751) - -

72621 N/A 1,025,854 1,322,185 846,051 4,573 60,053 82,761 70,939 218,326 569 - 54,124 8,542 63,235 120,997 45,071 66,548 49,919 (6,447) - -

72622 N/A 5,310,263 6,844,200 4,379,524 23,673 310,859 428,406 580,179 1,343,117 2,943 - 280,168 182,418 465,529 634,177 241,149 427,262 245,309 (36,132) - -

72701 N/A 20,582,286 27,251,532 15,787,875 144,383 1,634,113 1,944,331 238,229 3,961,056 4,867 - 1,278,672 522,450 1,805,989 2,222,643 598,554 909,038 671,759 (24,284) - -

72702 N/A 4,358,804 5,769,742 3,345,828 30,472 345,211 411,196 68,872 855,751 1,044 - 270,408 321,495 592,947 422,651 78,910 154,162 63,802 (34,069) - -

72704 N/A 4,465,853 5,755,871 3,683,115 19,909 261,428 360,283 280,981 922,601 2,475 - 235,617 - 238,092 565,085 234,554 291,652 188,676 (30,374) - -

72705 N/A 8,464,630 11,212,359 6,484,779 59,738 674,975 801,562 1,134,777 2,671,052 1,957 - 527,182 108,948 638,087 1,259,807 591,200 765,821 617,244 58,701 - -

72801 N/A 16,033,664 21,001,141 12,672,505 95,905 1,137,833 1,425,269 458,779 3,117,786 5,851 - 935,400 17,613 958,864 1,901,822 668,368 889,073 636,235 (34,754) - -

72802 N/A 33,964,192 44,382,429 27,015,424 195,566 2,348,365 2,978,211 2,635,082 8,157,224 13,337 - 1,953,661 - 1,966,998 4,845,576 2,247,274 2,660,275 1,404,553 (121,878) - -

72803 N/A 2,327,475 2,999,796 1,919,535 10,376 136,249 187,769 20,399 354,793 1,290 - 122,797 93,700 217,787 217,236 44,973 75,740 36,501 (20,209) - -

72806 N/A 604,572 806,996 453,043 4,715 51,869 59,671 26,146 142,401 84 - 39,296 24,997 64,377 78,356 29,743 28,986 18,813 483 - -

72807 N/A 223,592 295,308 172,716 1,515 17,316 20,833 55,390 95,054 60 - 13,694 - 13,754 47,099 29,558 29,784 18,849 3,109 - -

72808 N/A 2,959,601 3,814,519 2,440,867 13,194 173,253 238,766 47,752 472,965 1,640 - 156,148 26,823 184,611 324,122 105,073 130,226 77,439 (24,383) - -

72809 N/A 2,092,229 2,696,596 1,725,520 9,327 122,478 168,791 19,072 319,668 1,160 - 110,385 68,385 179,930 170,612 15,760 85,021 55,488 (16,532) - -

72810 N/A 319,215 411,424 263,265 1,423 18,687 25,753 12,874 58,737 177 - 16,842 - 17,019 40,978 17,352 16,178 10,548 (2,359) - -

72901 N/A 47,179,609 61,878,194 37,155,450 288,138 3,396,511 4,225,907 2,227,967 10,138,523 16,478 - 2,774,182 235,942 3,026,602 6,250,617 2,609,779 3,045,508 1,627,002 (170,368) - -

72902 N/A 14,235,856 18,661,714 11,226,367 86,270 1,019,366 1,271,485 9,344 2,386,465 5,056 - 834,609 848,678 1,688,343 1,265,320 168,031 387,793 258,131 (115,832) - -

72903 N/A - - - - - - - - - - - 629,610 629,610 (303,011) (303,011) (292,858) (33,741) - - -

72904 N/A 123,138 158,709 101,556 549 7,208 9,934 14,270 31,961 68 - 6,497 768 7,333 17,521 8,407 9,227 7,640 (646) - -

72905 N/A 9,545,372 12,302,673 7,872,338 42,553 558,779 770,073 312,474 1,683,879 5,291 - 503,611 137,837 646,739 1,114,272 407,792 468,900 237,469 (77,022) - -

72907 N/A 7,311,320 9,423,287 6,029,852 32,594 427,999 589,841 366,445 1,416,879 4,052 - 385,743 62,576 452,371 841,844 300,712 395,123 316,949 (48,276) - -

72908 N/A 1,092,939 1,408,648 901,377 4,872 63,980 88,173 45,693 202,718 606 - 57,663 169,122 227,391 55,746 (25,146) 20,259 (8,285) (11,500) - -

72909 N/A 839,233 1,081,656 692,139 3,741 49,128 67,705 3,589 124,163 465 - 44,278 29,000 73,743 74,282 12,168 28,812 16,478 (7,038) - -

72910 N/A 3,704,735 4,774,895 3,055,400 16,516 216,872 298,880 57,397 589,665 2,053 - 195,461 64,744 262,258 382,187 107,989 162,243 87,336 (30,161) - -

72911 N/A 1,782,103 2,297,650 1,468,497 8,000 104,776 144,071 815,489 1,072,336 981 - 94,227 246,127 341,335 281,685 149,680 353,117 229,292 (1,088) - -

72912 N/A 769,897 992,291 634,956 3,432 45,069 62,111 2,942 113,554 427 - 40,620 45,552 86,599 63,927 6,945 16,346 10,403 (6,738) - -

72913 N/A 69,111 89,074 56,997 308 4,046 5,576 2,752 12,682 38 - 3,646 - 3,684 8,026 2,911 3,908 2,664 (485) - -

73001 N/A 9,817,882 12,841,876 7,788,835 57,436 686,208 865,777 306,758 1,916,179 3,743 - 568,049 153,945 725,737 1,126,859 374,049 514,166 360,099 (57,872) - -

73002 N/A 28,267,520 37,126,245 22,176,116 176,427 2,065,915 2,552,378 21,070 4,815,790 9,402 - 1,676,021 1,023,933 2,709,356 2,691,316 502,665 1,023,300 721,808 (141,338) - -

73003 N/A 8,551,935 11,022,269 7,053,022 38,125 500,624 689,927 - 1,228,676 4,740 - 451,198 160,856 616,794 786,643 153,690 299,220 225,905 (66,933) - -

73004 N/A 905,867 1,167,538 747,094 4,038 53,029 73,081 73,824 203,972 502 - 47,793 41,780 90,075 82,481 15,435 58,990 45,124 (5,653) - -

73005 N/A 359,961 463,940 296,870 1,605 21,072 29,040 79,273 130,990 200 - 18,991 103 19,294 71,027 44,386 49,843 19,792 (2,324) - -

73006 N/A 12,905,455 16,633,358 10,643,493 57,532 755,476 1,041,148 255,921 2,110,077 7,153 - 680,888 217,078 905,119 1,279,421 324,252 534,654 439,680 (93,629) - -

73010 N/A 3,835,978 4,944,049 3,163,639 17,101 224,555 309,468 152,624 703,748 2,126 - 202,385 5,865 210,376 443,307 159,395 220,977 140,604 (27,604) - -

73101 N/A 11,493,700 14,994,282 9,183,217 64,361 779,865 998,035 134,328 1,976,589 4,739 - 654,469 67,929 727,137 1,238,271 362,471 553,200 387,236 (53,454) - -

73102 N/A 3,808,255 4,970,041 3,039,557 21,465 259,537 331,438 91,012 703,452 1,553 - 217,360 94,030 312,943 374,271 83,821 175,916 141,918 (11,146) - -

73105 N/A 6,250,798 8,056,420 5,155,210 27,866 365,917 504,283 180,981 1,079,047 3,465 - 329,790 145,452 478,707 681,013 218,373 294,693 139,023 (51,749) - -

73201 N/A 148,787,455 195,724,261 116,219,209 951,058 11,056,980 13,555,537 925,981 26,489,556 46,699 - 8,903,968 934,540 9,885,207 16,239,172 4,676,172 7,399,475 5,030,847 (502,144) - -

73202 N/A 19,589,716 25,642,796 15,509,527 116,004 1,380,630 1,735,053 674,241 3,905,928 7,294 - 1,138,567 30,117 1,175,978 2,382,188 877,415 1,135,086 777,689 (60,240) - -

73203 N/A 21,041,092 27,438,691 16,829,060 117,041 1,421,276 1,822,836 697,709 4,058,862 8,774 - 1,195,240 234,494 1,438,508 2,382,342 780,548 1,125,676 830,600 (116,469) - -

73204 N/A 739,405,167 953,160,364 609,531,734 3,308,532 43,384,269 59,717,668 36,554,349 142,964,818 408,303 - 39,055,717 5,623 39,469,643 91,399,056 36,650,093 44,907,870 27,236,096 (5,298,883) - -

73205 N/A 18,657,033 24,446,796 14,730,313 112,289 1,329,649 1,662,201 194,327 3,298,466 6,722 - 1,090,984 58,577 1,156,283 2,102,365 665,772 912,806 633,540 (69,935) - -

73206 N/A 5,346,802 7,035,528 4,173,136 34,323 398,535 487,918 94,479 1,015,255 1,660 - 320,507 37,432 359,599 618,538 202,732 286,111 185,902 (19,090) - -

73207 N/A 9,335,371 12,035,243 7,693,843 41,852 548,403 754,399 296,974 1,641,628 5,145 - 493,392 765,201 1,263,738 458,389 (232,999) 331,808 346,001 (66,920) - -

73208 N/A 7,761,756 10,004,140 6,400,844 34,624 454,547 626,298 187,635 1,303,104 4,299 - 409,589 4,641 418,529 870,346 295,834 411,054 236,652 (58,966) - -

73209 N/A 1,568,045 2,071,903 1,209,727 10,692 121,984 146,468 416,224 695,368 409 - 96,287 151,855 248,551 233,011 109,870 145,346 158,396 33,205 - -

73212 N/A 388,051 513,602 297,968 2,709 30,697 36,584 30,479 100,469 93 - 24,058 23,825 47,976 51,785 21,192 25,136 10,141 (3,976) - -

73213 N/A 376,164 503,393 279,783 3,027 33,032 37,630 2,551 76,240 41 - 24,791 15,597 40,429 40,240 9,814 14,873 11,307 (183) - -

73215 N/A 732,027 956,816 581,859 4,233 50,759 64,286 16,080 135,358 285 - 42,172 92,308 134,765 63,399 7,364 7,283 (5,058) (8,996) - -

73216 N/A 2,569,045 3,356,858 2,043,802 14,777 177,499 225,185 674,227 1,091,688 1,011 - 147,716 48,592 197,319 598,860 402,355 331,301 157,008 3,703 - -

73217 N/A 4,330,415 5,742,168 3,307,634 31,001 348,894 412,441 147,806 940,142 946 - 271,310 284,106 556,362 493,944 151,050 194,207 70,231 (31,709) - -

73218 N/A 359,961 463,940 296,870 1,605 21,072 29,040 - 51,717 200 - 18,991 15,007 34,198 30,386 3,745 9,969 6,820 (3,014) - -

73219 N/A 562,790 725,359 464,149 2,509 32,945 45,403 - 80,857 312 - 29,693 62,722 92,727 20,889 (20,765) 5,722 8,040 (4,866) - -

73222 N/A 3,818,869 4,921,998 3,149,529 17,025 223,554 308,087 11,668 560,334 2,117 - 201,482 162,903 366,502 312,148 29,502 123,535 72,947 (32,153) - -

73223 N/A 384,901 507,886 298,087 2,574 29,530 35,680 52,504 120,288 107 - 23,450 24,728 48,285 55,733 25,603 24,141 17,284 4,974 - -

73224 N/A 12,234,839 15,770,795 10,087,519 54,671 717,266 987,739 69,199 1,828,875 6,765 - 645,977 564,780 1,217,522 1,065,552 159,771 306,503 242,955 (97,876) - -

73225 N/A 3,534,445 4,770,710 2,561,903 31,410 334,584 369,575 83,758 819,327 13 - 243,813 174,546 418,372 423,069 131,510 187,208 96,904 (14,666) - -

73226 N/A 360,280 481,490 269,028 2,852 31,255 35,787 31,800 101,694 45 - 23,573 176,889 200,507 2,792 (26,259) (22,866) (25,272) (24,415) - -

73227 N/A 104,004 134,046 85,775 464 6,088 8,390 - 14,942 58 - 5,487 11,095 16,640 5,988 (1,710) 285 681 (953) - -

73228 N/A 872,100 1,124,017 719,245 3,888 51,052 70,357 33,855 159,152 483 - 46,012 14,682 61,177 99,715 35,168 48,031 21,862 (7,086) - -

73301 N/A 14,458,873 18,972,577 11,371,884 88,967 1,046,313 1,298,664 136,950 2,570,894 4,968 - 852,614 276,546 1,134,128 1,565,983 448,928 643,069 405,348 (60,580) - -

73302 N/A 4,411,431 5,818,364 3,420,728 29,311 336,901 407,909 20,098 794,219 1,246 - 268,069 271,871 541,186 410,110 65,147 131,444 88,436 (31,995) - -

73303 N/A 3,520,390 4,649,224 2,719,823 23,832 272,458 327,902 27,322 651,514 940 - 215,542 271,046 487,528 300,318 24,186 90,768 77,969 (28,937) - -

73306 N/A 763,144 983,587 629,386 3,402 44,674 61,567 - 109,643 423 - 40,263 34,451 75,137 60,789 4,306 20,577 15,895 (6,271) - -

73308 N/A 2,101,234 2,708,201 1,732,947 9,367 123,005 169,517 164,339 466,228 1,165 - 110,860 38,991 151,016 237,003 81,485 140,914 105,795 (12,983) - -

73310 N/A 7,258,643 9,355,394 5,986,408 32,359 424,916 585,591 833,206 1,876,072 4,023 - 382,964 953,372 1,340,359 1,004,218 466,985 (22,876) 148,203 (56,600) - -

73311 N/A 242,364 321,466 184,974 1,741 19,580 23,118 7,929 52,368 52 - 15,209 101,645 116,906 (140) (19,344) (16,130) (19,517) (9,546) - -

73312 N/A 1,446,371 1,864,173 1,192,863 6,448 84,669 116,686 34,616 242,419 802 - 76,310 20,717 97,829 157,356 50,306 69,828 36,123 (11,667) - -

73401 N/A 13,433,946 17,537,194 10,714,187 76,080 918,474 1,171,114 326,746 2,492,414 5,433 - 768,074 241,622 1,015,129 1,425,822 400,545 662,826 487,188 (73,273) - -

73402 N/A 10,783,242 14,130,757 8,511,749 64,987 769,208 961,174 7,225 1,802,594 3,874 - 630,876 317,012 951,762 1,066,767 236,290 398,600 272,049 (56,106) - -

73405 N/A 1,428,362 1,840,962 1,178,010 6,368 83,615 115,233 69,885 275,101 792 - 75,360 17,592 93,744 156,732 51,015 85,012 55,405 (10,074) - -

73406 N/A 266,154 351,020 206,412 1,767 20,316 24,603 123,067 169,753 75 - 16,169 519,266 535,510 (65,537) (86,347) (123,590) (124,911) (30,910) - -

73407 N/A 661,354 867,413 520,809 4,041 47,622 59,244 355,195 466,102 231 - 38,893 64,831 103,955 155,243 104,204 139,191 105,178 13,574 - -

73408 N/A 524,070 675,455 432,216 2,336 30,679 42,279 8,788 84,082 290 - 27,650 13,151 41,091 56,330 17,543 19,069 10,730 (4,352) - -

73501 N/A 714,639 948,953 543,662 5,213 58,370 68,588 22,170 154,341 144 - 45,129 56,660 101,933 73,072 16,299 28,606 16,117 (8,613) - -

73502 N/A 7,822,901 10,228,234 6,213,021 45,460 544,288 688,210 101,417 1,379,375 3,020 - 451,506 167,621 622,147 811,096 211,838 365,930 224,790 (45,328) - -

73503 N/A 1,948,830 2,511,774 1,607,255 8,688 114,083 157,222 74,339 354,332 1,080 - 102,820 12,564 116,464 217,958 73,720 111,890 66,683 (14,426) - -

73504 N/A 891,910 1,149,549 735,583 3,976 52,212 71,955 14,923 143,066 494 - 47,057 37,556 85,107 75,522 9,509 35,920 19,881 (7,351) - -

73506 N/A 1,126 1,451 928 5 66 91 - 162 1 - 59 2,193 2,253 (641) (724) (670) (640) (58) - -

73507 N/A 333,172 429,413 274,776 1,485 19,504 26,879 8,114 55,982 185 - 17,578 202,819 220,582 (26,944) (51,603) (49,318) (56,287) (7,392) - -

73601 N/A 14,393,641 18,836,208 11,403,839 84,873 1,011,482 1,272,893 341,353 2,710,601 5,404 - 835,246 106,748 947,398 1,621,941 516,992 758,304 536,866 (48,959) - -

73602 N/A 18,183,399 23,898,350 14,238,019 114,687 1,338,693 1,648,307 299,947 3,401,634 5,899 - 1,082,507 21,918 1,110,324 2,160,719 750,552 964,571 637,463 (61,276) - -

73603 N/A 421,868 543,729 347,926 1,881 24,696 34,034 8,464 69,075 234 - 22,258 11,197 33,689 41,758 10,535 18,672 9,644 (3,466) - -

73604 N/A 4,876,011 6,294,558 4,004,903 22,468 291,399 397,314 6,331 717,512 2,612 - 259,934 221,854 484,400 401,075 38,789 136,329 96,950 (38,954) - -

73606 N/A 1,055,794 1,360,774 870,743 4,707 61,805 85,176 - 151,688 585 - 55,703 91,796 148,084 72,634 (5,509) 13,717 5,303 (9,908) - -

73607 N/A 747,062 971,662 601,688 3,971 48,953 63,721 40,230 156,875 335 - 41,758 241,112 283,205 25,576 (30,941) (28,059) (46,568) (20,762) - -

App III - 6

Page 48: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

73608 N/A 24,988 32,206 20,608 111 1,463 2,016 286 3,876 14 - 1,318 357 1,689 2,320 470 1,100 804 (186) - -

73609 N/A 512,179 678,659 392,022 3,630 40,971 48,587 40,197 133,385 116 - 31,957 24,878 56,951 64,931 24,444 27,564 23,639 787 - -

73610 N/A 520,468 670,812 429,245 2,320 30,468 41,989 18,077 92,854 288 - 27,460 15,615 43,363 47,622 9,101 23,639 20,342 (3,592) - -

73611 N/A 1,909,885 2,461,579 1,575,136 8,514 111,803 154,080 40,515 314,912 1,059 - 100,765 137,410 239,234 157,378 16,022 58,902 18,301 (17,547) - -

73612 N/A 10,580 13,637 8,726 47 619 854 - 1,520 6 - 558 581 1,145 801 18 250 196 (89) - -

73613 N/A 6,722,638 8,667,870 5,538,916 30,211 395,503 543,648 141,688 1,111,050 3,696 - 355,567 280 359,543 760,099 262,076 326,544 212,962 (50,076) - -

73614 N/A 1,948,605 2,511,484 1,607,069 8,687 114,070 157,204 769,658 1,049,619 1,080 - 102,808 - 103,888 471,735 327,513 347,934 270,133 151 - -

73701 N/A - - - - - - - - - - - 830,071 830,071 (415,526) (415,526) (372,337) (42,208) - - -

73702 N/A 43,133,108 56,549,394 34,004,174 261,852 3,092,370 3,854,977 832,519 8,041,718 15,260 - 2,530,485 712,046 3,257,791 4,615,468 1,289,907 2,128,463 1,472,279 (106,722) - -

73703 N/A 19,984,445 26,106,325 15,909,228 114,475 1,376,919 1,749,163 567,774 3,808,331 7,921 - 1,147,350 275,548 1,430,819 2,207,411 679,716 1,073,967 732,422 (108,592) - -

73707 N/A 4,568,734 5,950,873 3,665,633 24,904 304,458 393,056 41,589 764,007 1,968 - 257,664 262,687 522,319 410,641 63,812 143,809 67,794 (33,728) - -

73708 N/A 3,813,344 5,011,372 2,986,735 24,016 280,456 345,484 814,647 1,464,603 1,242 - 226,889 258,223 486,354 751,033 455,366 468,211 86,422 (31,751) - -

73709 N/A 1,679,141 2,164,182 1,384,835 7,486 98,296 135,465 25,494 266,741 931 - 88,591 19,679 109,201 162,069 37,791 77,036 55,157 (12,444) - -

73710 N/A 318,836 419,100 249,566 2,015 23,506 28,924 18,286 72,731 103 - 18,996 23,227 42,326 38,292 13,558 15,012 3,566 (1,731) - -

73711 N/A 2,356,290 3,036,934 1,943,299 10,504 137,935 190,094 35,588 374,121 1,306 - 124,317 64,334 189,957 241,840 67,445 89,445 47,007 (19,733) - -

73712 N/A 9,170,779 11,819,874 7,563,401 40,883 536,851 739,853 603,692 1,921,279 5,083 - 483,848 - 488,931 1,174,174 495,418 596,399 401,678 (61,147) - -

73801 N/A 17,037,231 22,401,499 13,324,877 108,152 1,259,976 1,548,154 224,021 3,140,303 5,441 - 1,016,817 396,003 1,418,261 1,838,885 516,276 802,464 462,828 (59,527) - -

73802 N/A 23,132,703 29,814,877 19,078,194 103,126 1,354,172 1,866,231 55,494 3,379,023 12,822 - 1,220,475 218,476 1,451,773 2,207,499 495,382 938,963 670,311 (177,406) - -

73803 N/A 46,461,088 60,802,468 36,808,273 274,054 3,265,699 4,109,250 8,818,594 16,467,597 17,432 - 2,696,418 9,129,866 11,843,716 4,978,853 1,412,022 3,352,737 545,620 (686,498) - -

73805 N/A 349,288 460,879 270,532 2,335 26,789 32,372 106,184 167,680 97 - 21,276 27,949 49,322 87,409 60,068 47,291 16,170 (5,172) - -

73806 N/A 246,548 329,103 184,743 1,923 21,156 24,336 15,106 62,521 34 - 16,027 34,444 50,505 24,763 4,938 9,628 1,981 (4,531) - -

73807 N/A 351,298 465,539 268,795 2,494 28,134 33,347 15,239 79,214 79 - 21,934 98,222 120,235 6,849 (20,928) (12,856) (7,903) 666 - -

73808 N/A 13,057 16,828 10,768 58 764 1,053 4,968 6,843 7 - 689 2,434 3,130 1,770 804 1,035 1,857 17 - -

73809 N/A 185,783 245,155 143,865 1,243 14,259 17,225 49,199 81,926 51 - 11,321 23,358 34,730 21,163 6,618 18,844 17,925 3,808 - -

73810 N/A 458,570 601,374 361,238 2,797 32,977 41,051 305,530 382,355 161 - 26,948 108,369 135,478 103,222 67,843 66,887 92,921 19,225 - -

73811 N/A 421,264 551,433 333,520 2,494 29,690 37,312 - 69,496 157 - 24,484 59,215 83,856 17,605 (14,754) (357) 6,047 (5,295) - -

73812 N/A 1,549,819 2,027,484 1,229,018 9,089 108,505 136,789 106,869 361,252 588 - 89,753 58,750 149,091 189,305 70,426 86,938 66,275 (11,476) - -

73815 N/A 15,071,459 19,426,707 12,427,125 67,309 883,260 1,216,544 289,178 2,456,291 8,339 - 795,610 39,994 843,943 1,606,820 491,106 716,775 514,767 (110,299) - -

73816 N/A 2,701 3,482 2,228 12 158 218 - 388 1 - 143 95 239 229 29 70 72 (21) - -

73817 N/A 267,213 344,401 220,378 1,191 15,642 21,557 3,777 42,167 148 - 14,098 4,655 18,901 25,387 5,609 10,958 8,675 (1,975) - -

73819 N/A 263,835 349,519 202,062 1,865 21,062 24,999 73,303 121,229 61 - 16,442 15,612 32,115 43,000 22,155 32,049 31,409 3,501 - -

73820 N/A 200,506 263,418 157,175 1,257 14,698 18,134 27,154 61,243 66 - 11,908 56,808 68,782 18,059 2,524 (5,332) (4,405) (326) - -

73821 N/A 255,507 329,313 210,724 1,139 14,957 20,613 17,810 54,519 142 - 13,480 20,882 34,504 19,897 986 15,066 6,094 (2,131) - -

73822 N/A 5,418,544 6,983,759 4,468,826 24,156 317,198 437,141 155,509 934,004 3,003 - 285,881 162,182 451,066 580,552 179,510 240,823 108,321 (45,716) - -

73901 N/A 12,853,549 16,943,557 9,982,299 84,720 976,073 1,184,849 516,208 2,761,850 3,716 - 778,576 249,583 1,031,875 1,620,260 616,449 768,366 399,220 (54,059) - -

73902 N/A 3,094,044 4,101,257 2,365,689 22,043 248,409 294,108 314,278 878,838 690 - 193,457 240,611 434,758 407,846 163,056 178,088 129,093 (26,157) - -

73903 N/A 50,321,769 65,823,233 39,918,690 294,528 3,518,316 4,438,311 1,643,032 9,894,187 19,167 - 2,912,059 508,117 3,439,343 5,624,329 1,765,513 2,721,916 2,093,741 (126,326) - -

73904 N/A 10,580,906 13,637,334 8,726,372 47,170 619,398 853,615 346,779 1,866,962 5,865 - 558,245 46,500 610,610 1,190,058 406,935 529,233 394,883 (74,698) - -

73906 N/A 4,492,535 5,871,087 3,572,577 25,904 310,923 394,134 345,872 1,076,833 1,760 - 258,550 88,211 348,521 576,691 232,935 308,141 199,368 (12,132) - -

73907 N/A 2,354,720 3,073,347 1,878,975 13,292 160,637 205,041 93,424 472,394 958 - 134,470 119,430 254,858 244,388 64,759 79,037 80,136 (6,395) - -

73909 N/A 3,359,858 4,330,395 2,770,969 14,978 196,684 271,057 - 482,719 1,862 - 177,265 254,074 433,201 230,516 (18,156) 40,650 55,345 (28,321) - -

73910 N/A 231,194 297,978 190,672 1,031 13,534 18,652 - 33,217 128 - 12,198 154,754 167,080 (31,642) (48,754) (42,009) (38,115) (4,985) - -

73911 N/A 16,568,684 21,571,794 13,308,753 89,643 1,098,630 1,421,796 518,086 3,128,155 7,222 - 931,959 75,056 1,014,237 1,949,923 693,421 922,639 587,558 (89,700) - -

73912 N/A 112,558 145,072 92,830 502 6,589 9,081 - 16,172 62 - 5,939 7,003 13,004 7,890 (441) 2,193 2,334 (918) - -

73913 N/A 1,015,274 1,308,548 837,325 4,526 59,433 81,907 45,610 191,476 563 - 53,566 8,138 62,267 111,721 36,577 57,606 41,942 (6,917) - -

73914 N/A 144,074 185,692 118,822 642 8,434 11,623 10,801 31,500 80 - 7,601 6,879 14,560 12,725 2,062 8,197 7,538 (857) - -

73915 N/A 749,186 965,598 617,875 3,340 43,857 60,441 - 107,638 415 - 39,527 11,108 51,050 70,367 14,918 27,294 20,213 (5,837) - -

73916 N/A 9,139,713 11,779,834 7,537,780 40,745 535,032 737,346 71,144 1,384,267 5,066 - 482,209 98,603 585,878 942,085 265,628 351,222 252,342 (70,802) - -

73917 N/A 667,469 860,276 550,481 2,976 39,073 53,848 32,858 128,755 370 - 35,215 - 35,585 82,407 33,006 42,407 22,737 (4,980) - -

73918 N/A 1,095,640 1,412,129 903,605 4,884 64,138 88,391 11,823 169,236 607 - 57,806 11,191 69,604 116,297 35,205 45,464 27,694 (8,731) - -

74001 N/A 10,114,015 13,035,576 8,341,314 45,088 592,067 815,948 - 1,453,103 5,606 - 533,612 2,842,202 3,381,420 (331,504) (1,080,071) (558,634) (181,488) (108,124) - -

74002 N/A 28,105,972 36,231,973 23,167,926 125,822 1,649,593 2,270,287 1,042,913 5,088,615 15,513 - 1,484,789 464,202 1,964,504 2,886,171 804,962 1,399,177 1,116,772 (196,800) - -

74003 N/A 201,552,443 265,056,291 157,562,833 1,282,641 14,931,711 18,332,069 2,889,286 37,435,707 63,968 - 12,040,757 1,789,684 13,894,409 22,370,497 6,717,770 9,894,635 7,350,737 (421,844) - -

74005 N/A 215,724,187 283,115,658 169,588,588 1,330,836 15,639,109 19,394,561 4,381,331 40,745,837 73,685 - 12,733,575 3,872,453 16,679,713 23,565,242 6,892,305 10,920,513 7,412,538 (1,159,232) - -

74008 N/A 5,794,713 7,468,589 4,779,064 25,833 339,218 467,489 170,622 1,003,162 3,212 - 305,727 49,860 358,799 675,730 246,847 288,967 154,503 (45,954) - -

74009 N/A 15,619,587 20,132,091 12,880,952 69,675 914,708 1,260,341 5,781 2,250,505 8,652 - 824,241 1,397,793 2,230,686 962,046 (194,087) 235,178 121,574 (142,848) - -

74010 N/A 7,775,105 10,156,563 6,190,113 44,515 535,519 680,405 11,660 1,272,099 3,085 - 446,304 387,939 837,328 649,312 54,993 242,052 196,741 (59,015) - -

74013 N/A 6,367,186 8,380,685 4,965,442 41,055 476,073 582,012 70,244 1,169,384 1,954 - 382,338 439,838 824,130 535,565 40,059 156,976 159,692 (11,473) - -

74014 N/A 3,296,150 4,248,284 2,718,428 14,694 192,954 265,917 120,257 593,822 1,827 - 173,904 183,162 358,893 273,264 29,307 103,511 124,720 (22,610) - -

74016 N/A 159,382 205,422 131,447 711 9,330 12,858 29,119 52,018 88 - 8,409 3,405 11,902 24,864 13,068 17,897 10,039 (888) - -

74017 N/A 5,388,829 6,945,460 4,444,319 24,023 315,458 434,744 160,814 935,039 2,987 - 284,313 80,221 367,521 606,483 207,640 268,946 134,472 (43,540) - -

74018 N/A 12,887,378 16,611,547 10,626,146 57,560 755,299 1,040,272 309,709 2,162,840 7,130 - 680,330 151,299 838,759 1,329,987 375,947 658,211 391,963 (102,039) - -

74020 N/A 1,130,083 1,456,521 932,011 5,038 66,154 91,169 118,068 280,429 626 - 59,623 13,220 73,469 143,216 59,575 85,971 67,600 (6,186) - -

74021 N/A 1,536,867 1,980,811 1,267,498 6,851 89,967 123,987 76,527 297,332 852 - 81,085 104,652 186,589 187,414 73,666 41,688 9,740 (14,352) - -

74022 N/A 187,522 241,690 154,654 836 10,977 15,128 - 26,941 104 - 9,894 12,184 22,182 11,645 (2,234) 4,915 3,646 (1,568) - -

74024 N/A 10,214,867 13,165,561 8,424,490 45,538 597,971 824,085 307,872 1,775,466 5,662 - 538,933 65,166 609,761 1,132,994 376,962 491,741 369,864 (72,862) - -

74101 N/A 1,792,547 2,359,783 1,397,297 11,586 134,252 164,002 151,282 461,122 547 - 107,739 47,441 155,727 239,416 99,864 114,325 85,184 6,023 - -

74102 N/A 12,221,981 15,978,180 9,709,658 70,898 849,330 1,074,532 1,459,773 3,454,533 4,734 - 704,941 20,036 729,711 1,911,574 975,575 1,161,904 630,978 (43,636) - -

74103 N/A 1,129,407 1,455,651 931,454 5,035 66,115 91,115 46,073 208,338 626 - 59,587 46,491 106,704 101,366 17,775 46,060 45,429 (7,631) - -

74105 N/A - - - - - - 21,504 21,504 - - - 542,185 542,185 (163,289) (163,289) (168,833) (175,679) (12,880) - -

74106 N/A 365,964 476,740 293,519 1,999 24,425 31,509 18,870 76,803 157 - 20,656 13,931 34,744 41,419 13,630 18,149 10,598 (318) - -

74108 N/A 9,230 11,896 7,612 41 540 745 5,991 7,317 5 - 487 1,430 1,922 2,210 1,526 1,664 2,133 72 - -

74109 N/A 956,743 1,233,111 789,053 4,265 56,007 77,185 62,908 200,365 530 - 50,477 22,804 73,811 106,911 36,100 50,083 46,278 (5,907) - -

74201 N/A 23,366,599 30,116,336 19,271,095 104,168 1,367,864 1,885,101 328,631 3,685,764 12,951 - 1,232,815 113,159 1,358,925 2,423,967 694,538 1,125,272 687,146 (180,117) - -

74202 N/A 7,531,484 9,707,048 6,211,427 33,575 440,888 607,603 - 1,082,066 4,174 - 397,359 130,678 532,211 703,160 145,734 280,232 184,223 (60,334) - -

74203 N/A 130,843,599 171,769,873 102,776,930 810,916 9,515,981 11,783,498 2,131,424 24,241,819 44,230 - 7,736,954 2,790,356 10,571,540 14,670,465 4,550,670 6,312,701 3,609,899 (802,990) - -

74204 N/A 656,277,507 845,955,470 541,080,201 2,933,239 38,479,631 52,985,946 1,359,816 95,758,632 362,813 - 34,652,680 10,840,257 45,855,750 61,142,348 12,554,913 23,734,016 18,623,352 (5,009,400) - -

74208 N/A 13,013,173 16,783,631 10,713,575 58,844 768,565 1,054,323 166,134 2,047,866 7,109 - 689,617 192,754 889,480 1,339,296 374,562 565,470 320,439 (102,085) - -

74211 N/A 1,639,070 2,112,536 1,351,788 7,307 95,950 132,232 - 235,489 908 - 86,477 103,670 191,055 121,452 140 37,617 21,162 (14,485) - -

74213 N/A 1,805,578 2,382,292 1,398,675 12,059 138,403 167,293 1,520 319,275 502 - 109,949 404,281 514,732 37,495 (103,816) (64,054) (4,601) (22,987) - -

74214 N/A 2,610,221 3,364,216 2,152,723 11,636 152,800 210,580 93,579 468,595 1,447 - 137,714 51,627 190,788 261,387 68,197 124,400 103,155 (17,944) - -

74215 N/A 5,521,647 7,116,645 4,553,859 24,615 323,233 445,459 - 793,307 3,060 - 291,320 191,531 485,911 428,705 20,032 181,258 149,067 (42,962) - -

74216 N/A 2,804,774 3,655,078 2,247,404 15,420 187,976 242,006 256,582 701,984 1,192 - 158,660 214,142 373,994 312,377 99,205 169,036 97,300 (37,552) - -

74217 N/A 1,008,706 1,331,504 780,384 6,781 77,682 93,700 81,448 259,611 275 - 61,587 30,747 92,609 143,525 64,495 66,372 35,010 1,124 - -

74218 N/A 708,353 938,906 541,668 5,044 56,848 67,317 5,775 134,984 158 - 44,279 19,620 64,057 77,077 21,039 30,239 20,892 (1,244) - -

74219 N/A 2,859,036 3,685,654 2,356,699 12,800 167,811 230,947 101,166 512,724 1,578 - 151,041 708 153,327 332,557 120,847 156,490 102,648 (20,588) - -

74221 N/A 1,000,463 1,313,057 786,415 6,176 72,560 89,967 22,995 191,698 341 - 59,069 82,463 141,873 87,701 10,369 29,471 20,991 (11,007) - -

App III - 7

Page 49: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

74222 N/A 1,276,711 1,692,740 975,482 9,126 102,750 121,523 67,944 301,343 281 - 79,938 36,575 116,794 162,743 61,675 70,710 47,278 4,886 - -

74223 N/A 612,076 812,365 466,288 4,436 49,757 58,589 12,134 124,916 127 - 38,547 28,025 66,699 63,759 15,189 27,251 16,265 (487) - -

74224 N/A 447,788 601,024 330,134 3,733 40,379 45,493 23,576 113,181 32 - 29,986 29,361 59,379 58,446 21,978 22,024 9,888 (89) - -

74226 N/A 1,744,736 2,285,772 1,378,183 10,472 124,106 155,285 91,439 381,302 632 - 101,918 38,191 140,741 214,131 79,842 105,767 66,550 (11,598) - -

74227 N/A 587,103 756,695 484,200 2,617 34,369 47,365 43,090 127,441 325 - 30,975 - 31,300 89,338 45,885 33,973 20,548 (4,264) - -

74228 N/A 3,437,523 4,430,494 2,835,022 15,324 201,230 277,322 79,120 572,996 1,905 - 181,363 12,811 196,079 387,507 133,086 158,797 110,597 (25,563) - -

74229 N/A 2,804,929 3,744,983 2,100,426 21,943 241,185 277,198 73,280 613,606 381 - 182,559 68,718 251,658 314,943 89,274 144,442 122,252 5,980 - -

74230 N/A 36,511,076 48,217,407 28,210,064 247,085 2,825,052 3,400,318 129,788 6,602,243 9,756 - 2,235,144 804,598 3,049,498 3,868,941 1,005,256 1,639,455 1,035,075 (127,042) - -

74231 N/A 456,761 588,702 376,703 2,036 26,738 36,849 20,642 86,265 253 - 24,099 27,494 51,846 40,825 7,019 21,167 9,754 (3,520) - -

74233 N/A 803,214 1,035,233 662,433 3,581 47,020 64,799 75,219 190,619 445 - 42,377 3,866 46,688 104,037 44,589 59,379 44,617 (4,655) - -

74234 N/A 340,336 459,518 246,457 3,035 32,301 35,642 59,419 130,397 - - 23,515 29,482 52,997 41,192 13,098 30,674 25,737 7,891 - -

74239 N/A 74,023 99,945 53,604 660 7,025 7,752 - 15,437 - - 5,114 4,288 9,402 7,641 1,531 2,795 1,904 (196) - -

74241 N/A - - - - - - 2,570 2,570 - - - 56,592 56,592 (17,228) (17,228) (17,192) (18,259) (1,343) - -

74242 N/A 4,063,315 5,241,444 3,343,935 18,433 240,466 329,529 2,049,719 2,638,147 2,212 - 215,548 - 217,760 1,239,937 938,588 999,430 488,973 (6,604) - -

74301 N/A 48,928,840 64,206,067 38,477,797 301,270 3,542,412 4,395,794 1,067,939 9,307,415 16,785 - 2,886,006 - 2,902,791 5,853,677 2,073,163 2,715,611 1,762,078 (146,227) - -

74302 N/A 48,103,872 63,045,692 37,956,661 290,532 3,436,531 4,291,158 602,734 8,620,955 17,205 - 2,816,620 1,052,221 3,886,046 5,180,261 1,474,320 2,214,341 1,365,837 (319,589) - -

74304 N/A 1,564,557 2,016,499 1,290,334 6,975 91,588 126,221 - 224,784 867 - 82,546 61,463 144,876 126,677 10,879 47,097 34,671 (12,739) - -

74305 N/A 1,841,450 2,373,376 1,518,695 8,209 107,797 148,559 56,583 321,148 1,021 - 97,154 24,271 122,446 199,307 63,016 82,864 65,959 (13,137) - -

74306 N/A 2,727,506 3,515,381 2,249,452 12,159 159,666 220,042 - 391,867 1,512 - 143,902 213,778 359,192 177,181 (24,690) 26,774 52,873 (22,283) - -

74307 N/A 1,895,928 2,443,590 1,563,625 8,452 110,986 152,954 36,993 309,385 1,051 - 100,029 74,746 175,826 170,081 29,758 78,633 40,913 (15,745) - -

74308 N/A 7,654 9,865 6,312 34 448 617 3,254 4,353 4 - 404 29,727 30,135 (10,741) (11,308) (11,927) (2,338) (209) - -

74309 N/A 55,153 71,085 45,487 246 3,229 4,450 23,441 31,366 31 - 2,910 - 2,941 16,626 12,544 13,369 2,931 (418) - -

74310 N/A 2,748,892 3,542,945 2,267,089 12,255 160,918 221,767 129,388 524,328 1,524 - 145,031 532,488 679,043 148,885 (54,568) (105,575) 32,172 (26,744) - -

74311 N/A 10,491,823 13,526,126 8,646,988 47,034 616,322 847,843 9,479 1,520,678 5,783 - 554,506 103,624 663,913 1,031,267 254,236 409,867 273,869 (81,208) - -

74312 N/A 52,902 68,184 43,630 236 3,097 4,268 1,694 9,295 29 - 2,791 4,386 7,206 5,207 1,292 1,206 103 (512) - -

74313 N/A 1,112,749 1,434,180 917,715 4,961 65,139 89,771 53,716 213,587 617 - 58,708 6,003 65,328 126,493 44,135 65,089 46,580 (7,544) - -

74401 N/A 16,325,036 21,386,114 12,897,337 97,890 1,160,483 1,452,474 1,249,757 3,960,604 5,927 - 953,285 251,973 1,211,185 2,211,141 954,809 1,264,705 593,297 (63,391) - -

74402 N/A 13,306,938 17,378,742 10,600,841 75,895 914,149 1,162,925 140,568 2,293,537 5,316 - 762,770 363,910 1,131,996 1,360,067 343,460 559,444 352,981 (94,343) - -

74405 N/A 284,547 366,742 234,674 1,269 16,657 22,956 - 40,882 158 - 15,013 97,879 113,050 (10,917) (31,978) (24,727) (11,956) (3,507) - -

74406 N/A 491,080 643,889 387,045 2,986 35,244 43,914 50,165 132,309 173 - 28,826 44,252 73,251 51,199 13,328 21,500 26,636 (2,406) - -

74407 N/A 4,878,266 6,287,414 4,023,243 21,747 285,570 393,554 122,355 823,226 2,704 - 257,376 137,780 397,860 499,159 138,104 222,215 105,640 (40,594) - -

74408 N/A 1,293,868 1,677,884 1,050,256 6,515 81,830 108,409 865 197,619 624 - 70,998 49,653 121,275 114,900 17,708 39,443 28,531 (9,339) - -

74409 N/A 162,984 210,064 134,418 727 9,541 13,149 - 23,417 90 - 8,599 44,134 52,823 (9,147) (21,210) (9,391) 2,493 (1,298) - -

74410 N/A 93,648 120,700 77,234 417 5,482 7,555 - 13,454 52 - 4,941 8,955 13,948 3,983 (2,948) 1,227 1,987 (760) - -

74411 N/A 380,671 490,633 313,950 1,697 22,284 30,711 - 54,692 211 - 20,084 57,228 77,523 12,548 (15,627) (6,245) 2,465 (3,424) - -

74412 N/A 132,593 170,895 109,354 591 7,762 10,697 46,059 65,109 73 - 6,996 3,806 10,875 39,508 29,694 21,384 4,271 (1,114) - -

74413 N/A 162,194 211,593 129,590 908 11,005 14,083 98,462 124,458 67 - 9,236 - 9,303 49,903 37,545 40,012 32,894 4,703 - -

74501 N/A 23,686,574 30,950,415 18,843,497 136,255 1,636,667 2,076,286 787,145 4,636,353 9,318 - 1,361,995 2,112,487 3,483,800 2,175,845 364,047 770,022 262,814 (244,331) - -

74504 N/A 4,203,009 5,534,912 3,273,147 27,303 315,908 385,281 34,877 763,369 1,265 - 253,125 319,111 573,501 349,261 21,787 108,796 85,440 (26,154) - -

74506 N/A 463,514 597,406 382,273 2,066 27,134 37,394 2,744 69,338 257 - 24,455 45,651 70,363 31,052 (3,254) 6,969 475 (5,216) - -

74508 N/A 3,087,692 3,979,611 2,546,507 13,765 180,751 249,100 224,215 667,831 1,711 - 162,906 2,012 166,629 418,798 190,269 235,473 99,362 (23,903) - -

74509 N/A 1,105,313 1,438,913 888,106 5,969 73,194 94,785 26,845 200,793 483 - 62,129 65,269 127,881 98,382 14,582 43,504 27,125 (12,298) - -

74510 N/A 188,528 246,942 148,999 1,128 13,382 16,761 - 31,271 69 - 11,000 12,886 23,955 16,006 1,502 5,107 2,687 (1,979) - -

74511 N/A 422,318 544,310 348,297 1,883 24,722 34,070 47,738 108,413 234 - 22,281 36,067 58,582 40,510 9,253 17,029 25,678 (2,129) - -

74601 N/A 94,740,405 123,831,458 75,307,829 547,712 6,568,495 8,319,332 3,575,669 19,011,208 36,929 - 5,457,627 - 5,494,556 11,631,046 4,379,084 5,661,276 3,822,592 (346,300) - -

74602 N/A 102,599,055 134,523,667 80,865,038 623,718 7,362,708 9,174,316 1,675,525 18,836,267 36,193 - 6,022,312 332,156 6,390,661 11,721,671 3,809,644 5,411,867 3,621,130 (397,035) - -

74604 N/A 15,485,364 20,416,865 12,019,576 102,361 1,178,328 1,429,039 1,942,900 4,652,628 4,440 - 939,071 - 943,511 2,425,652 1,215,743 1,386,673 1,007,950 98,751 - -

74605 N/A 6,839,252 8,814,856 5,640,524 30,489 400,365 551,757 87,488 1,070,099 3,791 - 360,837 4,635 369,263 739,362 233,170 308,729 210,584 (51,647) - -

74607 N/A 4,443,657 5,832,621 3,492,037 27,470 322,610 399,811 23,305 773,196 1,511 - 262,504 266,933 530,948 415,763 72,212 136,945 66,856 (33,765) - -

74609 N/A 9,843,804 12,967,234 7,659,431 64,237 742,256 903,928 549,050 2,259,471 2,926 - 593,904 34,320 631,150 1,261,866 494,339 658,158 474,610 1,215 - -

74610 N/A 1,166,777 1,503,815 962,274 5,201 68,302 94,130 88,381 256,014 647 - 61,559 13,116 75,322 136,199 49,842 76,712 61,124 (6,987) - -

74611 N/A 4,031,401 5,199,113 3,319,579 18,204 237,888 326,484 228,734 811,310 2,206 - 213,545 31,124 246,875 461,952 163,132 245,831 177,273 (21,802) - -

74612 N/A 15,961,180 20,571,769 13,163,637 71,155 934,356 1,287,668 625,023 2,918,202 8,847 - 842,107 64,833 915,787 1,775,832 594,500 879,774 638,275 (110,135) - -

74613 N/A 8,780,576 11,541,282 6,873,727 55,454 647,044 796,348 1,095,622 2,594,468 2,839 - 523,002 - 525,841 1,486,586 805,491 780,819 474,984 7,333 - -

74616 N/A 2,781,759 3,585,306 2,294,196 12,401 162,842 224,418 - 399,661 1,542 - 146,765 209,173 357,480 180,926 (24,960) 48,885 42,199 (23,942) - -

74618 N/A 676,024 871,302 557,536 3,014 39,574 54,538 51,080 148,206 375 - 35,667 42,676 78,718 64,915 14,881 25,102 33,514 (4,010) - -

74619 N/A 823,475 1,061,346 679,143 3,671 48,206 66,434 56,648 174,959 456 - 43,446 - 43,902 109,232 48,284 54,617 33,835 (5,679) - -

74620 N/A 1,997,004 2,575,010 1,645,107 8,986 117,582 161,558 2,143 290,269 1,097 - 105,667 193,108 299,872 99,302 (48,662) 13,766 42,560 (17,268) - -

74621 N/A 66,859 86,173 55,141 298 3,914 5,394 1,016 10,622 37 - 3,527 1,367 4,931 6,265 1,316 2,681 2,185 (491) - -

75001 N/A 11,047,122 14,238,222 9,110,873 49,248 646,690 891,227 387,859 1,975,024 6,123 - 582,843 - 588,966 1,362,685 545,056 589,684 335,822 (84,504) - -

75002 N/A 1,910,335 2,462,159 1,575,507 8,516 111,830 154,116 - 274,462 1,059 - 100,789 134,631 236,479 130,542 (10,848) 36,348 28,947 (16,464) - -

75003 N/A 282,971 364,711 233,374 1,261 16,565 22,829 4,045 44,700 157 - 14,929 5,236 20,322 25,905 4,961 12,954 8,617 (2,154) - -

75005 N/A 1,553,301 2,001,992 1,281,051 6,925 90,929 125,313 43,857 267,024 861 - 81,952 134,688 217,501 148,517 33,553 30,438 733 (15,201) - -

75007 N/A 6,335,442 8,165,514 5,225,018 28,243 370,872 511,112 345,144 1,255,371 3,512 - 334,256 42,144 379,912 744,300 275,396 357,033 284,213 (41,184) - -

75011 N/A 4,810,280 6,199,791 3,967,174 21,444 281,590 388,069 - 691,103 2,666 - 253,789 1,493,293 1,749,748 (141,122) (497,145) (366,405) (140,390) (54,705) - -

75014 N/A 2,684,960 3,460,544 2,214,362 11,970 157,176 216,609 - 385,755 1,488 - 141,658 527,841 670,987 (29,607) (228,328) (43,181) 11,174 (24,897) - -

75015 N/A 976,328 1,258,353 805,206 4,352 57,154 78,765 36,875 177,146 541 - 51,511 17,438 69,490 98,386 26,125 53,251 35,336 (7,056) - -

75016 N/A 227,367 293,045 187,516 1,014 13,310 18,343 15,737 48,404 126 - 11,996 - 12,122 33,276 16,448 13,424 8,058 (1,649) - -

75018 N/A 4,727 6,093 3,899 21 277 381 476 1,155 3 - 249 2,991 3,243 (540) (890) (455) (648) (95) - -

75021 N/A 1,041,612 1,342,495 859,047 4,644 60,975 84,032 78,826 228,477 577 - 54,955 411 55,943 133,436 56,344 72,217 50,562 (6,589) - -

75022 N/A 9,024,454 11,631,281 7,442,722 40,231 528,285 728,048 45,581 1,342,145 5,002 - 476,127 197,525 678,654 888,632 220,706 322,936 194,108 (74,259) - -

75025 N/A 439,877 566,941 362,779 1,961 25,750 35,487 13,865 77,063 244 - 23,208 105,157 128,609 6,137 (26,420) (20,138) (1,010) (3,979) - -

75026 N/A 1,054,894 1,359,613 870,001 4,703 61,753 85,104 - 151,560 585 - 55,656 43,756 99,997 82,374 4,298 29,130 26,446 (8,311) - -

80101 N/A 39,528,019 50,948,859 32,595,494 176,410 2,315,525 3,189,971 5,804 5,687,710 21,885 - 2,086,198 508,183 2,616,266 3,700,378 774,424 1,542,521 1,063,830 (309,331) - -

80103 N/A 2,078,947 2,679,477 1,714,566 9,268 121,700 167,719 826,611 1,125,298 1,152 - 109,685 1,023,005 1,133,842 98,269 (55,600) 204,536 (124,692) (32,788) - -

80201 N/A 275,327,290 354,874,323 227,045,160 1,228,519 16,126,512 22,218,019 36,374 39,609,424 152,467 - 14,530,252 8,653,339 23,336,058 24,338,437 3,958,553 8,723,683 5,851,151 (2,260,021) - -

80202 N/A 3,802,436 4,900,817 3,135,976 16,951 222,592 306,762 747,994 1,294,299 2,108 - 200,615 - 202,723 761,673 480,244 403,277 229,482 (21,427) - -

80302 N/A 19,317,886 24,898,102 15,932,007 86,119 1,130,855 1,558,471 - 2,775,445 10,707 - 1,019,206 1,751,192 2,781,105 1,100,372 (329,400) 214,669 275,630 (166,558) - -

80401 N/A 97,993,655 126,305,369 80,809,923 437,219 5,739,447 7,907,603 771,948 14,856,217 54,269 - 5,171,450 1,442,644 6,668,363 9,388,022 2,134,535 3,815,979 2,975,482 (738,143) - -

80402 N/A 40,484,949 52,181,281 33,386,221 180,609 2,370,994 3,266,807 10,682 5,829,092 22,424 - 2,136,439 298,436 2,457,299 3,938,588 941,939 1,646,286 1,099,940 (316,372) - -

80403 N/A 31,303,967 40,346,513 25,817,266 139,553 1,832,511 2,525,448 - 4,497,512 17,351 - 1,651,588 259,583 1,928,522 3,015,200 698,304 1,234,645 878,155 (242,115) - -

80404 N/A 38,486,971 49,604,419 31,741,293 171,575 2,252,999 3,104,937 - 5,529,511 21,332 - 2,030,561 348,246 2,400,139 3,701,747 853,216 1,495,556 1,078,146 (297,547) - -

80405 N/A 152,108,793 196,054,470 125,436,727 678,619 8,908,566 12,274,174 4,012 21,865,371 84,244 - 8,027,113 6,578,987 14,690,344 12,493,348 1,234,350 3,949,598 3,238,603 (1,247,523) - -

80406 N/A 1,277,084 1,645,985 1,053,247 5,693 74,760 103,029 32,063 215,545 708 - 67,379 35,686 103,773 127,159 32,638 46,160 42,264 (9,290) - -

80407 N/A 5,388,379 6,944,880 4,443,948 24,021 315,432 434,707 18,398 792,558 2,987 - 284,289 212,687 499,963 378,532 (20,277) 196,150 157,917 (41,195) - -

80409 N/A 2,529,179 3,259,765 2,085,886 11,275 148,056 204,042 - 363,373 1,402 - 133,439 241,323 376,164 164,960 (22,231) 20,789 12,299 (23,648) - -

80502 N/A 9,758,107 12,576,859 8,047,786 43,502 571,232 787,235 - 1,401,969 5,409 - 514,835 1,219,699 1,739,943 375,510 (346,716) (9,503) 104,255 (86,011) - -

App III - 8

Page 50: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

80503 N/A 20,694,080 26,672,010 17,066,692 92,268 1,211,525 1,669,567 52,517 3,025,877 11,468 - 1,091,862 1,031,801 2,135,131 1,746,253 214,599 487,348 363,412 (174,614) - -

80601 N/A 29,148,175 37,573,387 24,030,480 130,334 1,709,511 2,353,645 54,119 4,247,609 16,107 - 1,539,285 1,536,139 3,091,531 2,214,517 56,427 771,926 562,898 (235,173) - -

80602 N/A 9,999,206 12,887,603 8,246,628 44,576 585,346 806,686 - 1,436,608 5,542 - 527,555 689,890 1,222,987 669,542 (70,527) 204,952 164,494 (85,298) - -

80603 N/A 12,860,206 16,575,040 10,606,176 57,331 752,827 1,037,497 160,720 2,008,375 7,128 - 678,501 378,990 1,064,619 1,307,098 355,277 432,179 262,861 (106,561) - -

80606 N/A 2,174,171 2,802,208 1,793,100 9,692 127,274 175,401 - 312,367 1,205 - 114,709 138,833 254,747 167,990 7,073 43,907 25,948 (19,308) - -

80701 N/A 266,216,878 343,127,659 219,539,082 1,187,571 15,590,470 21,481,234 5,596,170 43,855,445 147,459 - 14,048,365 1,661,680 15,857,504 27,536,347 7,831,390 12,994,914 9,113,534 (1,941,899) - -

80702 N/A 2,513,646 3,239,745 2,073,075 11,206 147,147 202,788 - 361,141 1,393 - 132,619 1,012,122 1,146,134 (241,911) (427,953) (263,504) (66,062) (27,474) - -

80704 N/A 7,029,475 9,060,027 5,797,406 31,337 411,500 567,103 418,904 1,428,844 3,896 - 370,873 121,741 496,510 859,453 339,182 352,579 287,967 (47,394) - -

80801 N/A 387,352,217 499,256,992 319,438,683 1,727,774 22,683,140 31,254,818 8,874,230 64,539,962 214,577 - 20,440,101 2,999,440 23,654,118 40,893,090 12,222,210 17,819,082 13,616,145 (2,771,592) - -

80902 N/A 25,642,072 33,049,109 21,147,742 114,312 1,501,068 2,068,674 - 3,684,054 14,213 - 1,352,868 255,066 1,622,147 2,506,853 609,010 1,002,141 654,277 (203,520) - -

81001 N/A 543,321,140 700,281,535 448,067,339 2,423,231 31,814,647 43,838,407 10,603,079 88,679,364 301,007 - 28,669,515 51,131,487 80,102,009 42,299,067 2,084,199 11,758,585 106,170 (5,371,599) - -

81002 N/A 8,454,009 10,896,057 6,972,260 37,688 494,892 682,027 222,583 1,437,190 4,686 - 446,031 1,352,855 1,803,572 486,690 (139,015) 34,730 (166,209) (95,889) - -

81003 N/A 5,744,737 7,404,177 4,737,847 25,610 336,293 463,457 321,639 1,146,999 3,184 - 303,091 - 306,275 738,861 313,676 332,090 234,216 (39,258) - -

81004 N/A 3,265,309 4,208,534 2,692,992 14,557 191,149 263,429 306,868 776,003 1,810 - 172,277 - 174,087 450,908 209,233 253,370 160,082 (20,770) - -

81102 N/A 115,724,575 149,162,816 95,425,361 516,608 6,780,206 9,339,899 4,286 16,640,999 64,054 - 6,108,187 2,654,365 8,826,606 10,582,966 2,016,505 3,921,455 2,800,034 (923,602) - -

81201 N/A 66,893,244 86,216,202 55,168,748 298,210 3,915,881 5,396,613 - 9,610,704 37,077 - 3,529,268 1,176,322 4,742,667 6,139,952 1,188,992 2,490,767 1,717,650 (529,373) - -

81301 N/A 89,524,670 115,392,501 73,821,226 399,647 5,245,157 7,225,344 62,053 12,932,201 49,553 - 4,725,293 3,215,700 7,990,546 7,485,136 858,115 2,672,005 2,123,832 (712,299) - -

81401 N/A 12,257,346 15,798,035 10,108,979 54,643 717,536 988,861 - 1,761,040 6,794 - 646,694 792,133 1,445,621 812,233 (94,968) 304,887 210,002 (104,502) - -

81402 N/A 32,543,681 41,944,335 26,839,694 145,080 1,905,083 2,625,462 45,181 4,720,806 18,038 - 1,716,995 1,047,122 2,782,155 2,969,318 560,667 1,014,932 634,926 (271,873) - -

81403 N/A 14,402,564 18,563,111 11,877,898 64,220 843,225 1,162,000 1,217,384 3,286,829 7,981 - 759,924 625,240 1,393,145 1,532,008 466,007 734,572 775,339 (82,233) - -

81501 N/A 69,792,079 89,958,533 57,549,446 311,578 4,089,213 5,632,881 6,386 10,040,058 38,628 - 3,683,842 3,368,020 7,090,490 5,124,083 (42,281) 1,911,693 1,644,792 (564,635) - -

81601 N/A 129,536,293 166,956,020 106,829,729 577,584 7,583,868 10,450,943 466,031 19,078,426 71,784 - 6,834,704 691,384 7,597,872 13,043,601 3,456,037 5,499,665 3,536,165 (1,011,314) - -

81701 N/A 65,535,344 84,466,056 54,048,850 292,156 3,836,391 5,287,064 - 9,415,611 36,324 - 3,457,625 2,102,934 5,596,883 5,324,311 473,853 2,223,598 1,642,085 (520,808) - -

81802 N/A 275,014,603 354,513,448 226,718,183 1,230,188 16,133,196 22,209,318 9,731,897 49,304,599 151,913 - 14,524,976 892,183 15,569,072 30,915,469 10,552,863 15,299,160 9,868,047 (1,984,542) - -

81805 N/A 4,495,568 5,794,170 3,707,622 20,041 263,167 362,680 486,582 1,132,470 2,492 - 237,185 266,178 505,855 393,234 60,504 304,233 285,054 (23,175) - -

81806 N/A 35,380,819 45,601,016 29,179,561 157,728 2,071,167 2,854,348 - 5,083,243 19,610 - 1,866,681 1,745,568 3,631,859 2,795,233 176,597 840,807 724,549 (290,570) - -

81901 N/A 46,526,091 59,965,741 38,371,382 207,413 2,723,603 3,753,493 258 6,684,767 25,788 - 2,454,703 2,121,982 4,602,473 3,677,972 234,443 1,273,481 957,959 (383,588) - -

81902 N/A 3,708,112 4,779,247 3,058,185 16,531 217,070 299,152 88,638 621,391 2,055 - 195,639 537,017 734,711 226,809 (47,639) 29,592 (54,587) (40,686) - -

82001 N/A 54,988,428 70,872,725 45,350,194 245,152 3,219,097 4,436,268 252,984 8,153,501 30,476 - 2,901,225 1,481,102 4,412,803 5,116,821 1,046,943 1,996,104 1,153,590 (455,938) - -

82101 N/A 208,299,218 268,478,079 171,775,492 929,252 12,199,022 16,808,070 42,573 29,978,917 115,372 - 10,992,202 9,417,320 20,524,894 17,616,034 2,197,961 5,386,957 3,638,123 (1,769,019) - -

82106 N/A 14,363,982 18,513,199 11,846,382 64,035 840,857 1,158,814 505,057 2,568,763 7,961 - 757,839 186,956 952,756 1,651,351 588,232 642,465 489,601 (104,291) - -

82107 N/A 47,154,165 60,775,242 38,889,373 210,213 2,760,370 3,804,163 163,557 6,938,303 26,136 - 2,487,840 1,816,041 4,330,017 4,168,503 678,489 1,514,123 818,609 (402,935) - -

82108 N/A 2,652,093 3,418,183 2,187,256 11,823 155,252 213,958 - 381,033 1,470 - 139,924 5,210,611 5,352,005 (1,486,498) (1,682,787) (1,600,337) (1,549,498) (138,350) - -

82109 N/A 16,670,746 21,486,302 13,748,836 74,318 975,893 1,344,913 593 2,395,717 9,240 - 879,544 725,717 1,614,501 1,343,804 109,955 505,247 306,975 (140,961) - -

82110 N/A - - - - - - - - - - - 46,914 46,914 (22,957) (22,957) (21,497) (2,460) - - -

82201 N/A 132,095,531 170,266,779 108,920,311 589,884 7,740,951 10,662,214 2,018,636 21,011,685 73,092 - 6,972,992 6,270,713 13,316,797 12,750,748 2,972,063 3,516,616 2,319,080 (1,112,870) - -

82301 N/A 863,320,103 1,112,744,782 711,932,725 3,851,861 50,564,078 69,665,518 14,552,537 138,633,994 478,114 - 45,560,165 1,749,698 47,787,977 91,236,649 27,333,772 41,501,347 28,402,848 (6,391,951) - -

82306 N/A 3,772,045 4,861,648 3,110,912 16,816 220,813 304,310 37,246 579,185 2,091 - 199,012 19,131 220,234 379,246 100,066 170,219 117,123 (28,456) - -

82307 N/A 4,343,390 5,598,033 3,582,116 19,363 254,259 350,403 49,461 673,486 2,407 - 229,156 122,189 353,752 380,710 59,243 157,434 135,440 (32,381) - -

82308 N/A 3,436,622 4,429,334 2,834,279 15,320 201,177 277,250 16,355 510,102 1,905 - 181,315 24,758 207,978 342,897 88,543 146,816 93,677 (26,913) - -

82309 N/A 14,406,754 18,568,327 11,881,657 64,225 843,361 1,162,265 458,210 2,528,061 7,985 - 760,096 104,017 872,098 1,725,318 659,033 652,306 452,396 (107,771) - -

82312 N/A 3,703,160 4,772,864 3,054,100 16,509 216,780 298,752 72,778 604,819 2,053 - 195,378 - 197,431 407,928 133,847 186,216 115,382 (28,057) - -

82313 N/A - - - - - - - - - - - 232,426 232,426 (185,351) (185,351) (45,042) (2,032) - - -

82401 N/A 12,111,742 15,612,045 9,986,152 54,115 710,005 977,772 600 1,742,492 6,698 - 639,457 594,308 1,240,463 878,509 (18,148) 302,767 311,852 (94,442) - -

82402 N/A 110,994,837 143,068,915 91,521,198 495,674 6,504,565 8,959,144 155,342 16,114,725 61,414 - 5,859,202 873,723 6,794,339 10,917,714 2,701,025 4,329,741 3,130,213 (840,593) - -

82406 N/A 18,783,461 24,209,301 15,491,251 83,737 1,099,570 1,515,356 - 2,698,663 10,411 - 991,010 1,686,506 2,687,927 1,255,785 (134,433) 228,738 92,734 (176,303) - -

82501 N/A 10,880,519 14,026,075 8,969,239 48,693 638,468 878,798 - 1,565,959 6,007 - 574,740 1,819,334 2,400,081 102,856 (702,802) (96,741) 65,393 (99,971) - -

82502 N/A 29,645,312 38,208,735 24,449,326 132,159 1,735,415 2,391,636 - 4,259,210 16,431 - 1,564,078 1,629,833 3,210,342 2,269,045 74,911 688,216 535,045 (249,304) - -

82601 N/A 563,427,646 726,210,972 464,625,288 2,513,950 33,000,512 45,466,347 616,617 81,597,426 312,017 - 29,734,300 5,555,900 35,602,217 54,377,526 12,672,443 22,749,014 15,002,576 (4,428,822) - -

82602 N/A 1,770,313 2,281,690 1,460,027 7,892 103,633 142,820 381,363 635,708 981 - 93,401 105,156 199,538 230,384 99,358 201,359 142,843 (7,392) - -

82603 N/A 1,859,009 2,396,007 1,533,177 8,287 108,825 149,976 19,046 286,134 1,030 - 98,081 298,570 397,681 106,244 (31,346) (17,223) (41,747) (21,232) - -

82604 N/A 1,779,543 2,293,586 1,467,639 7,933 104,173 143,565 411,336 667,007 986 - 93,888 114,980 209,854 447,060 315,351 90,083 64,029 (12,309) - -

82701 N/A 35,399,964 45,627,003 29,193,199 157,909 2,073,066 2,856,407 142,450 5,229,832 19,609 - 1,868,041 1,514,269 3,401,919 3,123,589 503,354 938,214 679,409 (293,064) - -

82702 N/A 8,642,432 11,138,907 7,127,657 38,528 505,922 697,228 2,529,949 3,771,627 4,790 - 455,972 98,243 559,005 1,750,878 1,111,227 1,108,555 1,003,874 (11,035) - -

82801 N/A 122,988,928 158,518,520 101,428,039 548,480 7,201,275 9,923,187 - 17,672,942 68,144 - 6,489,575 1,569,415 8,127,134 11,745,834 2,642,699 4,660,757 3,211,089 (968,737) - -

82901 N/A 149,694,155 192,942,938 123,444,315 667,899 8,767,574 12,079,611 2,552,415 24,067,499 82,901 - 7,899,879 148,321 8,131,101 15,945,583 4,865,216 7,192,155 4,984,509 (1,105,481) - -

83001 N/A 71,606,780 92,291,623 59,055,608 319,247 4,191,999 5,777,003 214,931 10,503,180 39,686 - 3,778,038 2,555,539 6,373,263 6,456,165 1,156,298 2,073,753 1,491,941 (592,075) - -

83005 N/A 37,386,378 48,185,906 30,833,603 166,668 2,188,571 3,016,146 16,183 5,387,568 20,722 - 1,972,494 1,160,073 3,153,289 3,390,321 623,249 1,170,763 750,937 (310,669) - -

83101 N/A 27,536,875 35,491,249 22,710,439 122,759 1,611,988 2,221,538 588,171 4,544,456 15,263 - 1,452,837 2,346,316 3,814,416 2,483,814 445,731 435,131 109,744 (260,566) - -

83202 N/A 112,154,621 144,554,660 92,492,558 500,185 6,567,086 9,049,158 - 16,116,429 62,139 - 5,917,980 3,768,794 9,748,913 9,793,891 1,492,623 3,366,493 2,424,882 (916,480) - -

83203 N/A 31,321,076 40,368,564 25,831,376 139,629 1,833,513 2,526,828 256,578 4,756,548 17,360 - 1,652,491 380,198 2,050,049 3,055,273 737,111 1,248,706 956,574 (235,892) - -

83204 N/A 39,426,831 50,815,769 32,516,421 175,765 2,308,018 3,180,760 - 5,664,543 21,853 - 2,080,148 1,339,284 3,441,285 3,451,285 533,192 1,154,852 856,798 (321,584) - -

83205 N/A 254,226,549 327,678,219 209,643,025 1,134,440 14,891,202 20,515,658 35,458 36,576,758 140,773 - 13,416,944 8,566,501 22,124,218 21,659,668 2,841,531 7,666,488 5,977,501 (2,032,980) - -

83206 N/A 358,255,942 461,777,039 295,407,481 1,599,602 20,992,408 28,915,769 2,721,056 54,228,835 198,259 - 18,910,623 251,175 19,360,057 37,795,981 11,275,657 15,700,687 10,629,126 (2,736,694) - -

83207 N/A 1,461,904 1,884,193 1,205,673 6,517 85,579 117,939 256,404 466,439 810 - 77,130 16,166 94,106 230,539 122,339 155,813 101,453 (7,272) - -

83301 N/A 54,706,134 70,508,693 45,117,695 243,880 3,202,457 4,413,418 1,634,560 9,494,315 30,322 - 2,886,279 8,666,368 11,582,969 3,067,502 (981,455) 415,105 (912,903) (609,400) - -

83402 N/A 50,995,096 65,725,674 42,057,097 227,336 2,985,216 4,114,030 - 7,326,582 28,265 - 2,690,486 2,237,928 4,956,679 4,294,434 520,141 1,363,281 918,146 (431,666) - -

83501 N/A 14,253,391 18,377,977 11,743,181 64,073 838,720 1,152,761 496,067 2,551,621 7,834 - 753,952 48,120 809,906 1,578,309 522,357 762,573 556,695 (99,910) - -

83601 N/A 79,977,038 103,087,634 65,945,849 357,135 4,686,670 6,455,370 155,946 11,655,121 44,254 - 4,221,753 1,356,069 5,622,076 7,400,649 1,480,177 3,135,195 2,051,734 (634,061) - -

83701 N/A 142,795,583 184,048,071 117,760,698 636,887 8,361,628 11,521,674 22,788 20,542,977 79,109 - 7,534,965 4,954,696 12,568,770 12,133,707 1,564,417 4,274,550 3,283,231 (1,147,991) - -

83802 N/A 98,740,912 127,265,656 81,430,838 440,346 5,781,516 7,966,781 108,755 14,297,398 54,709 - 5,210,123 4,075,498 9,340,330 7,668,911 360,510 2,671,913 2,682,685 (758,041) - -

83805 N/A 40,824,601 52,627,161 33,653,035 182,712 2,395,689 3,297,392 29,496 5,905,289 22,539 - 2,156,519 2,483,002 4,662,060 3,049,698 26,780 954,328 610,350 (348,229) - -

83806 N/A 45,475,436 58,613,203 37,502,232 202,847 2,663,055 3,669,363 2,000 6,537,265 25,191 - 2,399,700 4,243,132 6,668,023 2,969,035 (396,956) 460,363 230,686 (424,852) - -

83810 N/A 2,920,656 3,764,324 2,408,748 13,020 170,973 235,624 791,749 1,211,366 1,619 - 154,093 83,452 239,164 601,871 385,705 311,462 282,692 (7,657) - -

83811 N/A 5,356,187 6,903,389 4,417,399 23,878 313,547 432,110 3,266,529 4,036,064 2,969 - 282,591 - 285,560 1,663,609 1,267,183 1,347,288 1,109,136 26,896 - -

83901 N/A 174,948,389 225,486,946 144,280,772 780,101 10,242,836 14,114,945 2,112 25,139,994 96,945 - 9,230,892 4,813,441 14,141,278 15,358,929 2,410,150 5,745,752 4,240,508 (1,397,693) - -

84002 N/A 432,098,322 556,961,227 356,288,517 1,929,627 25,321,908 34,877,515 126,508 62,255,558 239,083 - 22,809,588 3,518,225 26,566,896 42,372,226 10,385,014 17,257,368 11,432,577 (3,386,296) - -

84003 N/A 379,853,878 489,648,663 313,162,759 1,698,419 22,277,402 30,671,851 1,125,993 55,773,665 209,915 - 20,059,405 2,500,458 22,769,778 38,476,132 10,352,431 15,284,706 10,310,511 (2,943,761) - -

84004 N/A 1,780,893 2,295,327 1,468,753 7,939 104,252 143,674 38,660 294,525 987 - 93,959 183,117 278,063 124,690 (7,119) (4,894) 42,122 (13,647) - -

84005 N/A 1,335,389 1,721,132 1,101,333 5,953 78,173 107,732 351,306 543,164 740 - 70,455 1,560,626 1,631,821 (160,280) (259,116) (324,979) (457,172) (47,390) - -

84006 N/A 14,273,710 18,396,852 11,771,932 63,632 835,573 1,151,532 1,285,759 3,336,496 7,911 - 753,077 - 760,988 2,089,478 1,033,040 1,027,891 611,525 (96,948) - -

84007 N/A - - - - - - - - - - - 680,375 680,375 (494,242) (494,242) (173,329) (12,804) - - -

84008 N/A 977,454 1,259,804 806,134 4,357 57,219 78,856 60,817 201,249 542 - 51,570 228,293 280,405 57,569 (14,775) (7,669) (43,735) (12,976) - -

84009 N/A 2,991,343 3,855,430 2,467,045 13,335 175,111 241,327 - 429,773 1,658 - 157,822 443,352 602,832 51,376 (170,022) 3,651 20,795 (27,483) - -

84010 N/A 772,373 995,483 636,998 3,443 45,214 62,311 71,382 182,350 428 - 40,750 3,531 44,709 99,118 41,953 54,859 45,101 (4,272) - -

84011 N/A 1,719,212 2,215,827 1,417,882 7,664 100,641 138,697 490,322 737,324 953 - 90,705 80,940 172,598 507,750 380,507 168,170 31,257 (15,207) - -

84012 N/A 1,171,279 1,509,618 965,987 5,222 68,566 94,493 760,074 928,355 649 - 61,796 - 62,445 366,059 279,370 296,887 280,645 9,007 - -

App III - 9

Page 51: South Carolina Public Employee Benefit Authority South ... · The net pension liability is the total pension liability, less the amount of the plan’s fiduciary net position. In

South Carolina Public Employee Benefit Authority

Aggregation of GASB 68 Information for Participating Employers in SCRS and PORS for the Plan Year Ending June 30, 2017

Pension Expense

Change in Change in

Proporation & Proporation &

Differences Between Total Differences Between Total

Discount Rate Discount Rate Employer Contrib. Deferred Employer Contrib. Deferred Total

Participating Employer Discount Rate Less 1.00% Plus 1.00% Liability Assumption Investment & Proportionate Share Outflow of Liability Assumption Investment & Proportionate Share Inflow of Employer

Employer Allocation % 7.25% 6.25% 8.25% Experience Changes Experience of Plan Contributions Resources Experience Changes Experience of Plan Contributions Resources Pension Expense 2018 2019 2020 2021 2022 Thereafter

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)

Net Pension Liability as of June 30, 2017

Recognition of Existing Deferred Outflows (Inflows) of Resources for

Future Plan Years Ending June 30,Outstanding Balance of Deferred Outflows of Resources Outstanding Balance of Deferred Inflows of Resources

84101 N/A 29,111,111 37,520,224 24,008,756 129,777 1,704,143 2,348,539 454,545 4,637,004 16,135 - 1,535,894 - 1,552,029 3,160,811 1,006,214 1,398,784 900,415 (220,438) - -

84203 N/A 124,074,634 159,929,731 102,303,962 554,184 7,271,880 10,015,437 15,439 17,856,940 68,639 - 6,550,021 2,662,168 9,280,828 11,392,452 2,207,306 4,364,134 2,997,941 (993,269) - -

84207 N/A 137,048,865 176,646,452 113,012,836 611,639 8,028,251 11,060,062 2,330,896 22,030,848 75,878 - 7,233,131 969,770 8,278,779 14,374,987 4,230,316 6,037,818 4,493,051 (1,009,115) - -

84208 N/A 31,483,057 40,579,538 25,961,355 140,511 1,844,302 2,540,759 102,957 4,628,529 17,430 - 1,661,623 646,276 2,325,329 2,802,418 471,961 1,162,151 909,286 (240,197) - -

84209 N/A 99,026,441 127,653,562 81,633,690 443,065 5,810,032 7,997,620 1,255,521 15,506,238 54,687 - 5,230,486 137,495 5,422,668 10,374,053 3,041,749 4,572,108 3,204,996 (735,284) - -

84210 N/A 45,590,979 58,766,185 37,590,861 203,657 2,672,228 3,680,279 3,983 6,560,147 25,218 - 2,406,878 956,135 3,388,231 4,259,809 884,701 1,634,893 1,027,867 (375,544) - -

84211 N/A 62,812,293 80,958,429 51,799,772 280,164 3,678,179 5,068,171 314,314 9,340,828 34,797 - 3,314,494 946,579 4,295,870 5,890,066 1,240,867 2,424,707 1,854,672 (475,289) - -

84212 N/A 113,341,952 146,083,604 93,474,018 505,380 6,635,784 9,144,411 228,400 16,513,975 62,809 - 5,980,260 1,336,348 7,379,417 10,872,802 2,483,845 4,288,710 3,231,775 (869,772) - -

84213 N/A 5,576,510 7,194,876 4,586,773 25,406 330,905 452,834 112,210 921,355 3,023 - 296,217 134,434 433,674 569,407 155,627 214,027 149,934 (31,906) - -

84214 N/A 3,801,535 4,899,657 3,135,234 16,947 222,539 306,689 - 546,175 2,107 - 200,568 89,374 292,049 331,400 50,037 133,005 100,837 (29,753) - -

84215 N/A 10,438,858 13,454,254 8,609,221 46,536 611,083 842,155 5,109,333 6,609,107 5,786 - 550,751 - 556,537 3,190,732 2,418,123 2,103,728 1,524,988 5,731 - -

84301 N/A 221,634,934 285,673,085 182,762,190 989,219 12,983,895 17,886,714 3,295,917 35,155,745 122,699 - 11,697,681 29,037 11,849,417 23,997,565 7,591,489 10,567,687 6,826,258 (1,679,106) - -

84401 N/A 46,406,585 59,821,241 38,257,198 207,573 2,722,258 3,747,588 17,976 6,695,395 25,636 - 2,450,935 1,915,570 4,392,141 3,698,420 262,409 1,298,584 1,116,151 (373,891) - -

84501 N/A 49,970,367 64,404,939 41,211,974 222,768 2,925,229 4,031,360 - 7,179,357 27,697 - 2,636,422 5,197,288 7,861,407 2,564,473 (1,133,976) 72,021 798,666 (418,761) - -

84506 N/A 5,600,415 7,218,344 4,618,529 24,980 327,950 451,883 2,376,180 3,180,993 3,103 - 295,524 - 298,627 1,698,481 1,283,953 905,631 696,913 (4,132) - -

84601 N/A 104,465,568 134,641,767 86,155,706 465,707 6,115,338 8,427,761 1,013,922 16,022,728 57,902 - 5,511,572 1,010,793 6,580,267 10,496,374 2,764,579 4,252,183 3,211,185 (785,487) - -

84603 N/A 217,117,224 279,842,806 179,048,722 968,528 12,714,942 17,519,279 14,586 31,217,335 120,264 - 11,457,312 4,871,606 16,449,182 19,294,685 3,224,031 7,275,609 5,946,684 (1,678,171) - -

84604 N/A 150,409,573 193,861,520 124,040,068 670,834 8,807,382 12,135,957 7,041,384 28,655,557 83,329 - 7,936,694 1,238 8,021,261 18,583,498 7,450,664 8,553,526 5,693,440 (1,063,334) - -

84605 N/A 67,390,976 86,857,710 55,579,242 300,429 3,945,018 5,436,767 551,481 10,233,695 37,353 - 3,555,528 758,354 4,351,235 6,544,433 1,556,635 2,763,975 2,069,414 (507,564) - -

84606 N/A 927,928 1,195,972 765,289 4,137 54,320 74,861 478,067 611,385 514 - 48,957 362,706 412,177 202,896 134,218 146,344 (65,570) (15,784) - -

90203 N/A 9,780,451 13,205,470 7,082,610 87,214 928,255 1,024,270 - 2,039,739 - - 675,752 271,278 947,030 1,108,088 300,729 461,204 318,625 12,150 - -

90208 N/A 514,898 673,798 407,983 3,035 36,170 45,526 142,166 226,897 194 - 29,873 24,223 54,290 96,353 56,829 63,438 50,466 1,873 - -

90403 N/A 14,274,263 19,272,970 10,336,847 127,286 1,354,759 1,494,891 401,055 3,377,991 - - 986,240 126,801 1,113,041 1,835,125 656,810 881,777 628,405 97,958 - -

90407 N/A 1,517,244 1,993,801 1,188,539 9,547 111,521 137,417 10,872 269,357 495 - 90,244 60,214 150,953 152,736 35,112 52,370 38,409 (7,487) - -

90704 N/A 6,145,874 8,285,964 4,470,496 53,921 576,104 638,876 221,469 1,490,370 110 - 421,400 265,471 686,981 751,861 246,218 349,521 227,207 (19,557) - -

90705 N/A 7,104,623 9,586,213 5,155,342 62,890 670,511 741,539 173,711 1,648,651 58 - 489,175 22,804 512,037 916,856 331,269 447,426 321,932 35,986 - -

90707 N/A 1,558,172 2,096,857 1,139,798 13,388 143,750 160,447 23,027 340,612 63 - 105,801 60,659 166,523 180,335 52,681 78,321 48,755 (5,667) - -

90709 N/A 17,694,659 23,891,156 12,813,761 157,786 1,679,386 1,853,096 480,760 4,171,028 - - 1,222,562 288,669 1,511,231 2,178,381 717,718 1,021,284 796,845 123,950 - -

90710 N/A 1,265,814 1,709,090 916,652 11,287 120,137 132,564 3,919 267,907 - - 87,458 20,431 107,889 152,087 47,596 67,771 44,318 333 - -

90711 N/A 16,608,444 21,824,503 13,011,175 104,470 1,220,434 1,504,012 1,460,228 4,289,144 5,423 - 987,709 - 993,132 2,431,673 1,144,189 1,304,323 835,764 11,736 - -

90803 N/A 25,180,580 32,859,343 20,102,936 141,705 1,714,256 2,190,289 583,760 4,630,010 10,296 - 1,436,387 101,892 1,548,575 2,878,198 958,140 1,346,609 906,599 (129,913) - -

90807 N/A 194,262 262,291 140,677 1,732 18,437 20,344 9,926 50,439 - - 13,422 13,173 26,595 20,475 4,439 8,394 8,928 2,083 - -

90809 N/A 93,666 126,466 67,829 835 8,890 9,809 21,287 40,821 - - 6,472 26,558 33,030 10,070 2,338 4,663 3,529 (2,739) - -

90810 N/A 131,773 177,918 95,425 1,175 12,506 13,800 11,925 39,406 - - 9,104 79,097 88,201 (2,426) (13,303) (12,554) (16,096) (6,841) - -

91007 N/A 14,187,230 19,097,999 10,368,048 122,332 1,312,422 1,463,241 539,301 3,437,296 519 - 964,924 333,663 1,299,106 1,832,326 669,192 906,245 576,494 (13,741) - -

91009 N/A 5,766,859 7,553,494 4,557,989 34,492 409,231 512,619 225,265 1,181,607 2,105 - 336,430 93,196 431,731 646,804 203,169 309,971 253,292 (16,555) - -

91203 N/A 873,800 1,151,094 679,838 5,704 65,910 80,253 34,323 186,190 259 - 52,728 45,695 98,682 91,000 22,865 41,398 25,366 (2,120) - -

91503 N/A 508,977 681,128 378,565 4,096 44,696 50,915 113,772 213,479 55 - 33,545 13,151 46,751 98,665 57,497 59,835 41,543 7,853 - -

91604 N/A 219,302 296,099 158,810 1,956 20,814 22,967 3,005 48,742 - - 15,152 37,562 52,714 17,904 (199) 3,136 (1,673) (5,236) - -

91605 N/A 202,697 269,303 153,961 1,489 16,642 19,511 7,473 45,115 40 - 12,839 31,588 44,467 7,594 (8,528) 537 8,557 82 - -

91803 N/A 2,809,920 3,785,394 2,048,822 24,436 261,627 290,927 5,975 582,965 77 - 191,871 351,269 543,217 238,849 8,083 55,681 17,323 (41,339) - -

91804 N/A 40,682 54,929 29,461 363 3,861 4,261 447 8,932 - - 2,811 434 3,245 4,973 1,615 2,305 1,667 99 - -

91807 N/A 817,691 1,101,718 595,942 7,123 76,231 84,724 3,963 172,041 21 - 55,878 66,354 122,253 79,797 12,621 23,938 15,597 (2,367) - -

92109 N/A 475,999 642,689 344,699 4,245 45,177 49,850 90,756 190,028 - - 32,888 44,897 77,785 67,627 28,335 35,872 32,676 15,361 - -

92114 N/A 1,097,989 1,482,493 795,119 9,791 104,209 114,988 202,408 431,396 - - 75,862 1,845 77,707 216,953 126,316 133,497 73,512 20,365 - -

92116 N/A 678,233 915,744 491,149 6,048 64,371 71,029 200,215 341,663 - - 46,861 33,578 80,439 145,058 89,071 92,658 56,374 23,121 - -

92117 N/A 1,161,409 1,568,124 841,046 10,356 110,228 121,630 405,389 647,603 - - 80,244 - 80,244 267,931 172,059 190,591 155,648 49,061 - -

92118 N/A 177,578 239,765 128,595 1,583 16,854 18,597 12,332 49,366 - - 12,269 2,971 15,240 25,738 11,080 13,315 8,141 1,591 - -

92202 N/A 1,412,694 1,855,137 1,108,729 8,797 103,080 127,447 73,984 313,308 472 - 83,687 193,994 278,153 127,278 17,937 33,777 13,384 (29,943) - -

92204 N/A 5,084,734 6,860,084 3,690,808 44,958 479,460 530,437 1,033,731 2,088,586 48 - 349,911 716,895 1,066,854 697,568 278,567 326,208 269,365 147,593 - -

92302 N/A 14,168,642 18,779,763 10,835,293 100,852 1,136,815 1,346,333 154,282 2,738,282 3,169 - 885,572 583,600 1,472,341 1,474,944 354,143 603,403 370,491 (62,096) - -

92310 N/A 2,573,764 3,470,046 1,872,058 22,585 241,294 267,570 44,081 575,530 45 - 176,488 204,266 380,799 266,948 55,187 99,516 59,999 (19,971) - -

92313 N/A 1,321,263 1,783,956 956,805 11,782 125,400 138,371 37,129 312,682 - - 91,289 44,532 135,821 161,244 52,176 74,639 51,441 (1,395) - -

92318 N/A 170,099 229,666 123,179 1,517 16,144 17,814 45,906 81,381 - - 11,753 1,074 12,827 33,330 19,289 22,127 19,527 7,612 - -

92319 N/A 4,102,245 5,523,432 2,995,902 35,462 380,220 423,582 59,382 898,646 139 - 279,337 242,101 521,577 450,798 114,305 181,112 99,649 (17,997) - -

92404 N/A 855,573 1,127,713 664,625 5,632 64,908 78,827 60,268 209,635 248 - 51,796 58,913 110,957 107,882 41,080 42,870 15,787 (1,060) - -

92502 N/A 2,076,648 2,747,293 1,596,602 14,404 163,541 195,292 59,233 432,470 511 - 128,413 107,067 235,991 242,439 78,890 89,093 37,896 (9,401) - -

92606 N/A 15,685,465 21,178,362 11,358,784 139,870 1,488,695 1,642,681 408,247 3,679,493 - - 1,083,743 410,439 1,494,182 1,971,347 676,540 928,335 598,983 (18,547) - -

92609 N/A 140,187 187,236 104,869 1,102 12,093 13,880 10,138 37,213 18 - 9,142 12,658 21,818 14,808 3,520 5,613 6,656 (395) - -

92805 N/A 1,368,219 1,847,356 990,809 12,201 129,857 143,288 65,142 350,488 - - 94,533 627 95,160 200,106 87,162 104,701 59,763 3,700 - -

93005 N/A 5,686,359 7,536,475 4,349,368 40,440 455,955 540,139 108,030 1,144,564 1,276 - 355,282 169,358 525,916 623,904 174,156 272,469 193,342 (21,320) - -

93706 N/A 779,515 1,052,493 564,493 6,951 73,983 81,636 7,763 170,333 - - 53,858 30,211 84,069 83,482 19,134 34,546 31,061 1,522 - -

93808 N/A 876,762 1,154,196 683,455 5,666 65,659 80,212 20,802 172,339 268 - 52,694 97,277 150,239 66,094 (2,161) 16,768 17,553 (10,059) - -

94215 N/A 1,157,519 1,562,871 838,229 10,322 109,859 121,223 136,544 377,948 - - 79,976 43,730 123,706 158,543 62,992 86,444 82,881 21,925 - -

94216 N/A 3,900,430 5,260,330 2,834,360 34,346 366,633 406,128 63,835 870,942 54 - 267,894 18,579 286,527 487,608 166,469 231,239 167,851 18,855 - -

94218 N/A 1,376,118 1,850,055 1,009,593 11,692 125,882 140,992 34,714 313,280 72 - 92,957 13,732 106,761 175,207 62,720 83,863 54,834 5,102 - -

94219 N/A 823,293 1,111,602 596,196 7,341 78,138 86,220 15,064 186,763 - - 56,883 8,003 64,886 104,146 36,185 49,710 34,427 1,555 - -

94220 N/A 1,073,880 1,449,943 777,661 9,576 101,921 112,464 145,857 369,818 - - 74,197 - 74,197 196,812 108,165 117,781 62,440 7,235 - -

94221 N/A 896,302 1,210,178 649,066 7,992 85,067 93,866 118,806 305,731 - - 61,927 93,052 154,979 133,465 59,476 71,038 32,232 (11,994) - -

94224 N/A 146,950 198,411 106,415 1,310 13,947 15,390 1,278 31,925 - - 10,153 9,356 19,509 15,637 3,507 6,000 3,757 (848) - -

94225 N/A 1,208,420 1,631,597 875,089 10,776 114,690 126,553 53,220 305,239 - - 83,492 54,848 138,340 135,839 36,086 61,614 61,184 8,015 - -

94226 N/A 1,143,219 1,542,100 830,273 10,087 107,634 119,151 190,389 427,261 13 - 78,598 - 78,611 202,958 108,791 124,474 91,481 23,903 - -

94227 N/A 915,013 1,235,442 662,616 8,159 86,843 95,826 32,371 223,199 - - 63,220 18,142 81,362 125,039 49,506 59,195 32,604 532 - -

94228 N/A 236,917 319,883 171,566 2,113 22,486 24,811 4,111 53,521 - - 16,369 1,540 17,909 29,624 10,067 14,025 10,337 1,181 - -

94229 N/A 560,432 756,690 405,842 4,997 53,190 58,692 169,545 286,424 - - 38,721 175,061 213,782 84,358 38,096 46,539 13,697 (25,690) - -

94231 N/A 466,109 629,336 337,537 4,156 44,238 48,814 10,787 107,995 - - 32,204 9,810 42,014 56,697 18,221 25,797 18,991 2,974 - -

94232 N/A 88,817 119,919 64,317 792 8,430 9,301 34,973 53,496 - - 6,137 - 6,137 23,285 15,953 17,123 12,040 2,243 - -

94504 N/A 220,054 291,303 168,886 1,540 17,438 20,766 40,991 80,735 53 - 13,656 17,695 31,404 37,928 20,572 19,023 12,321 (2,583) - -

94607 N/A 965,010 1,302,947 698,822 8,605 91,588 101,062 133,068 334,323 - - 66,675 - 66,675 158,313 78,653 93,874 74,051 21,070 - -

Total Allocated 25,251,169,049 32,713,298,896 20,549,839,309 124,785,797 1,577,822,630 2,103,028,207 553,734,894 4,359,371,528 12,477,422 - 1,376,987,916 556,015,503 1,945,480,841 2,619,535,283 727,240,950 1,107,176,427 745,866,352 (166,393,058) - -

Check 25,251,169,049 32,713,298,896 20,549,839,309 124,785,797 1,577,822,630 2,103,028,207 553,734,894 4,359,371,528 12,477,422 - 1,376,987,916 556,015,503 1,945,480,841 2,619,535,283 727,240,950 1,107,176,427 745,866,352 (166,393,058) - -

Difference - - - - - - - - - - - - - (0) - - - (0) - -

App III - 10