2016_SUNY_Optometry_PRR

T H E S T A T E U N I V E R S I T Y O F N E W Y O R K

Required Supplementary Information (Unaudited) Schedule of Funding Progress Other Postemployment Benefits and Post-Retirement Benefits (Amounts in millions)

Actuarial Accrued Liability (AAL) (b)

UAAL as a Percentage Covered Payroll ((b-a)/c)

Actuarial Value of Assets (a)

Unfunded AAL (UAAL) (b-a)

Funded Ratio (a/b)

Covered Payroll (c)

Actuarial Valuation Date State University Plan:

April 1, 2014 14,427 14,427 0% 3,337 432% April 1, 2012 13,933 13,933 0% 3,201 435% April 1, 2010 12,200 12,200 0% 3,037 402% Research Foundation Plan: June 30, 2015 170 360 190 47% 235 81% June 30, 2014 149 295 146 50% 236 62% June 30, 2013 125 303 178 41% 234 76% - - -

46

See accompanying independent auditors’ report.