Delaware County, Indiana
Deferred Outflows of Resources and Deferred Inflows of Resources
At December 31, 2025, the County reported deferred outflows of resources and deferred inflows of resources related to PERF from the following sources:
|
Deferred Outflows of Resources |
Deferred Inflows of Resources |
|
|---|---|---|
| Differences between expected and actual experience | $1,445,982 | $- |
| Changes in assumptions | 211,144 | - |
|
Net differences between projected and actual earnings on pension plan investments |
- | 148,549 |
|
Changes in proportion and differences between employer contributions and proportionate share of contributions |
165,723 | 104,086 |
| Employer contributions subsequent to the measurement date | 1,368,371 | - |
| Total | $3,191,220 | $252,635 |
$1,368,371 reported as deferred outflows related to pension resulting from the employer's contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability (asset) in the year ending December 31, 2026. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pension will be recognized in pension expense as follows:
|
Years Ending December 31: |
Deferred Outflows of Resources and Deferred Inflows of Resources (Net) |
|---|---|
| 2026 | $1,802,535 |
| 2027 | 445,379 |
| 2028 | (223,362) |
| 2029 | (454,338) |
Pension Expense
The County recognized pension expense (income) for the following proportionate share of pension expense:
| Pension Expense | |
|---|---|
| Proportionate share of plan pension expense (income) | $1,554,656 |
|
Net amortization of deferred amounts from changes in proportion and differences between employer contributions and proportionate share of contributions |
406 |
| Total | $1,555,062 |