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The latest actuarial valuation for this group as at January 1, 1999 shows an actuarial liability of $5,694,000 against the actuarial value of assets of $5,984,000 resulting in a surplus of-$290,000 in the fund.
b.
The latest actuarial valuation as at December 31, 1998, showed an actuarial liability of $96,243,000 against market value assets of $111,730,000, resulting in a surplus of $15,487,000.
Included in the $84,087,000 are the following receivables: SFU FoUndation $6,754,000 Future proceeds from sale of 20 lots City of Bumaby $2,000000 $1 million was received in April 2000 and the remaining $1 million due in 2000/2001 ..
will be officially opened in September.
Of the $18 million ...
Allowed
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