Jurisdiction's contributions to retiree health care fund in previous year
Full Question Text
Similar to an actuarially required contribution for a pension fund, a jurisdiction's "annual required contribution" (ARC) for its retiree health care fund is based on the benefits earned by employees in the current year, plus an amount to reduce any unfunded liabilities for past years. Some jurisdictions pay their retiree health care ARC in full each year. Others do not, and may just pay as they go for only that year's retiree health care costs. Which of the following statements best describes your jurisdiction's contributions to its retiree health care fund during its previous fiscal year? (Among those jurisdictions that reported offering some kind of retiree health care benefits)
% within Jurisdiction Type | ||||||
Jurisdiction Type | Total | |||||
---|---|---|---|---|---|---|
County | Township | City | Village | |||
Similar to an actuarially required contribution for a pension fund, a jurisdiction's "annual required contribution" (ARC) for its retiree health care fund is based on the benefits earned by employees in the current year, plus an amount to reduce any unfunded liabilities for past years. Some jurisdictions pay their retiree health care ARC in full each year. Others do not, and may just pay as they go for only that year's retiree health care costs. Which of the following statements best describes your jurisdiction's contributions to its retiree health care fund during its previous fiscal year? (Among those jurisdictions that reported offering some kind of retiree health care benefits) | We made no contribution to our retiree health care fund | 20% | 15% | 21% | 8% | 18% |
We made some contribution to our retiree health care fund, but not the full ARC | 37% | 18% | 24% | 16% | 23% | |
We made our full ARC contribution | 27% | 31% | 35% | 28% | 32% | |
We made a contribution larger than the ARC | 9% | 9% | 9% | 8% | 9% | |
Don't Know | 6% | 27% | 11% | 40% | 18% |
% within Population Size | |||||||
Population Size | Total | ||||||
---|---|---|---|---|---|---|---|
<1500 | 1500-5000 | 5001-10000 | 10001-30000 | >30000 | |||
Similar to an actuarially required contribution for a pension fund, a jurisdiction's "annual required contribution" (ARC) for its retiree health care fund is based on the benefits earned by employees in the current year, plus an amount to reduce any unfunded liabilities for past years. Some jurisdictions pay their retiree health care ARC in full each year. Others do not, and may just pay as they go for only that year's retiree health care costs. Which of the following statements best describes your jurisdiction's contributions to its retiree health care fund during its previous fiscal year? (Among those jurisdictions that reported offering some kind of retiree health care benefits) | We made no contribution to our retiree health care fund | 15% | 16% | 29% | 20% | 12% | 18% |
We made some contribution to our retiree health care fund, but not the full ARC | 5% | 18% | 29% | 22% | 32% | 23% | |
We made our full ARC contribution | 31% | 35% | 24% | 33% | 35% | 32% | |
We made a contribution larger than the ARC | 12% | 6% | 9% | 9% | 12% | 9% | |
Don't Know | 37% | 26% | 10% | 16% | 10% | 18% |
% within Region of Michigan | ||||||||
Region of Michigan | Total | |||||||
---|---|---|---|---|---|---|---|---|
Upper Peninsula | Northern Lower Peninsula | West Central Lower Peninsula | East Central Lower Peninsula | Southwest Lower Peninsula | Southeast Lower Peninsula | |||
Similar to an actuarially required contribution for a pension fund, a jurisdiction's "annual required contribution" (ARC) for its retiree health care fund is based on the benefits earned by employees in the current year, plus an amount to reduce any unfunded liabilities for past years. Some jurisdictions pay their retiree health care ARC in full each year. Others do not, and may just pay as they go for only that year's retiree health care costs. Which of the following statements best describes your jurisdiction's contributions to its retiree health care fund during its previous fiscal year? (Among those jurisdictions that reported offering some kind of retiree health care benefits) | We made no contribution to our retiree health care fund | 23% | 30% | 13% | 2% | 22% | 18% | 18% |
We made some contribution to our retiree health care fund, but not the full ARC | 14% | 11% | 28% | 36% | 19% | 24% | 23% | |
We made our full ARC contribution | 29% | 24% | 48% | 17% | 35% | 33% | 32% | |
We made a contribution larger than the ARC | 20% | 3% | 9% | 18% | 2% | 8% | 9% | |
Don't Know | 14% | 32% | 2% | 27% | 22% | 15% | 18% |