Pension Information for Notes to Financial Statements

Circular No. 09:06
ARCS File#: 195-20

 
March 3, 2009
To: All Municipal and Regional District Financial Administrators; Auditors
 
Re: Pension Information for Notes to Financial Statements
 

Attached is an update of the recommended pension note to the financial statements of local governments in British Columbia for December 31, 2008.
 

There are a few minor changes from the 2007 note including an adjustment to the number of local government contributors from 35,000 to 32,000 and the number of retired members from 51,000 to 54,000.
 

Further information and the actuarial report itself can be found at: www.pensionsbc.ca.
 

If you have any questions with respect to this note, please contact the financial officer assigned to your area.
 

Original signed by:
 
Talitha Soldera, CGA
Director
Local Government Infrastructure and Finance