Retirement System for the General Employees
of the Utility Board of the City of Key West, Florida
Comprehensive Annual Financial Report
Fiscal Year Ending December 31st, 2007

 

PDF BookmarksThe report is available in PDF format, which includes bookmarks that will allow you to jump to a specific section. You may download the full report, or choose only the section that you wish to view:

  • Full Report (1.2 MB)

  • Introductory Section (208 KB)
    • Title Page
    • Table of Contents
    • Letter of Transmittal
    • Certificate of Achievement
    • Pension Board of Trustees
    • Administrative Organization
    • Summary of Plan Benefits

  • Financial Section (931 KB)
    • Report of Independent Auditors
    • Management's Discussion and Analysis
    • Basic Financial Statements
      • Statement of Plan Net Assets
      • Statement of Changes in Plan Assets
      • Notes to Financial Statements
    • Required Supplementary Information (Unaudited)
      • Schedule of Funding Progress
      • Schedule of Employer Contributions
      • Notes to Schedule of Funding Progress and Schedule of Employer Contributions
    • Other Supplementary Information
      • Schedules of Administrative, Investment and Consultant Expenses
      • Supplementary Auditors' Report
      • Report on Investment Activity

  • Investment Section (77 KB)
    • Report on Investment Activity
    • Investment Policy Statement
    • Schedule of Investment Results
    • List of Largest Assets Held
    • Schedule of Advisors and Fees
    • Investment Summary
    • Glossary

  • Actuarial Section (69 KB)
    • Actuary's Certification Letter
    • Summary Actuarial Assumptions and Methods
    • Actuarial Section
    • Schedule of Active and Retiree Valuation Data
    • Solvency Test
    • Analysis of Financial Experience
    • Summary of Plan Provisions and Changes

  • Statistical Section (32 KB)
    • Schedule of Changes in Net Assets
    • Schedule of Additions by Source to Plan Assets
    • Schedule of Deductions by Type of Plan Assets
    • Schedule of Benefit Expense by Type
    • Schedule of Retired Members by Type
    • Schedule of Average Benefit Payments