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Why it Matters: This information is generally found in the footnote disclosures of your municipality's annual financial statements; it is also available in your community's actuarial valuations. (n033) (o132)

Data Source: Unfunded pensions and unfunded retiree health care as shown here are determined based on actuarial assessments of asset values and long-term liabilities. Even a "fully-funded" pension system according to annual required contributions (ARC) could be underfunded in a given year, depending on market conditions. (n031)

OPEB Status

Peer Group201020112012201320142015201620172018
Charlevoix0.00.00.00.00.00.00.00.00.0
Ferrysburg0.00.00.00.00.00.00.00.00.0
Grosse Pointe Shores0.00.024.80.00.021.40.00.016.1
Keego Harbor0.00.037.626.90.00.00.00.00.0
New Buffalo0.00.00.00.00.00.00.00.00.0
Orchard Lake6.75.09.05.30.00.00.00.00.0
Pleasant Ridge0.00.00.00.00.00.00.00.00.0
Sylvan Lake0.00.00.00.00.00.00.00.00.0
______ ______ ______ ______ ______ ______ ______ ______ ______
Average 0.840.638.934.0302.68002.01