Pension Information for Notes to Financial Statements
Circular No. 07:09
ARCS File#: 195-20
April 16, 2007
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, 2006.
There are a few minor changes from the 2005 note including an adjustment to the number of local government
contributors from 30,000 to 31,000 and the number of retired members from 48,000 to 51,000.
A valuation was prepared as at December 31, 2006, but the results must be reviewed by the Board prior to being
released. These results will be presented in the 2007 note.
If you have any questions with respect to this note, please contact the financial analyst assigned to your area.
Original signed by:
Manager, Local Government Support
Local Government Infrastructure and Finance