Delaware County, Indiana
Schedule of the Changes in the County's Net Pension Liability and Related Ratios -
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Pension Liability | ||||||||||
| Service cost | $70,290 | $59,606 | $53,915 | $34,477 | $34,080 | $32,015 | $36,839 | $33,383 | $30,815 | $29,495 |
| Interest | 63,760 | 61,826 | 61,518 | 54,978 | 55,361 | 55,648 | 58,275 | 55,800 | 55,488 | 55,171 |
| Difference between expected and actual experience | (50,126) | (50,050) | (64,507) | 43,596 | (37,273) | (38,996) | (60,300) | (4,137) | (33,032) | (29,452) |
| Changes in assumptions | (13,497) | - | - | - | 24,952 | (3,111) | (17,043) | (231) | (769) | (2,454) |
| Benefit payments | (52,673) | (51,873) | (51,873) | (51,873) | (51,873) | (51,873) | (51,873) | (51,273) | (49,473) | (49,273) |
| Net change in total pension liability | 17,754 | 19,509 | (947) | 81,178 | 25,247 | (6,317) | (34,102) | 33,542 | 3,029 | 3,487 |
| Total Pension Liability, Beginning | 939,170 | 919,661 | 920,608 | 839,430 | 814,183 | 820,500 | 854,602 | 821,060 | 818,031 | 814,544 |
| Total Pension Liability, Ending (1) | $956,924 | $939,170 | $919,661 | $920,608 | $839,430 | $814,183 | $820,500 | $854,602 | $821,060 | $818,031 |
| Plan Fiduciary Net Position | ||||||||||
| County contributions | $68,874 | $69,091 | $39,040 | $45,373 | $53,421 | $61,105 | $54,804 | $52,127 | $56,888 | $78,463 |
| Net transfers into (out of) trust | - | - | - | - | - | - | - | - | - | - |
| Net investment income | 130,707 | 86,567 | 112,935 | (174,649) | 118,213 | 122,957 | 122,738 | (60,874) | 75,102 | (30,434) |
| Benefit payments | (52,673) | (51,873) | (51,873) | (51,873) | (51,873) | (51,873) | (51,873) | (51,273) | (49,473) | (49,273) |
| Administrative expenses | (14,350) | (14,654) | (879) | (23,189) | (12,259) | (12,603) | (12,288) | (782) | (27,985) | (682) |
| Net change in plan fiduciary net position (2) | 132,558 | 89,131 | 99,223 | (204,338) | 107,502 | 119,586 | 113,381 | (60,802) | 54,532 | (1,926) |
| Plan Fiduciary Net Position, Beginning | 981,680 | 892,549 | 793,326 | 997,664 | 890,162 | 770,576 | 657,195 | 717,997 | 663,465 | 665,391 |
| Plan Fiduciary Net Position, Ending | $1,114,238 | $981,680 | $892,549 | $793,326 | $997,664 | $890,162 | $770,576 | $657,195 | $717,997 | $663,465 |
| Net Pension Liability (Asset), Ending (1) - (2) | $(157,314) | $(42,510) | $27,112 | $127,282 | $(158,234) | $(75,979) | $49,924 | $197,407 | $103,063 | $154,566 |
| Plan Fiduciary Net Position as a Percentage of the Total Pension Liability |
116.44% | 104.53% | 97.05% | 86.17% | 118.85% | 109.33% | 93.92% | 76.90% | 87.45% | 81.11% |
| Covered Payroll | $2,945,261 | $2,887,161 | $2,558,168 | $2,626,684 | $1,994,927 | $2,100,928 | $2,063,384 | $2,155,223 | $2,032,474 | $2,075,934 |
| County's Net Pension Liability as a Percentage of Covered Payroll |
-5.34% | -1.47% | 1.06% | 4.85% | -7.93% | -3.62% | 2.42% | 9.16% | 5.07% | 7.45% |