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 the Sheriff's Retirement Plan from the following sources:
|
Deferred
Outflows of Resources |
Deferred
Inflows of Resources |
|
|---|---|---|
| Differences between expected and actual experience | $242,538 | $144,101 |
| Changes in assumptions | 189,550 | - |
|
Net differences between projected and actual earnings on pension plan investments |
- | 720,883 |
| Total | $432,088 | $864,984 |
The balances as of December 31, 2025 of the deferred outflows of resources and deferred inflows of resources will be recognized in pension expense as follows:
|
Years Ending December 31: |
Deferred Outflows of Resources and Deferred Inflows of Resources (Net) |
|---|---|
| 2026 | $549,245 |
| 2027 | (478,753) |
| 2028 | (301,427) |
| 2029 | (201,961) |
Amortization Periods
The changes in total pension liability due to liability experience losses/(gains) and changes in assumptions for the most current year have been amortized over 4.191 years, the average remaining service of all members with any liability in the plan as of January 1, 2025. The change in net pension liability due to investment losses/(gains) has been amortized over 5.000 years as prescribed.
Assumption Changes
The changes in assumptions for base year ending December 31, 2025 reflect the change from the use of the Pub-2010 Safety Amount-Weighted Mortality Projected Generationally with Scale MP-2021 (separate employee, retiree, contingent survivor and disabled retiree tables and male & female tables) to the Pub-2016 Safety Amount-Weighted Mortality Projected Generationally with Scale MP-2021 (separate employee, retiree, contingent survivor and disabled retiree tables and male & female tables).