CMERFCAREC (Central Asia Regional Economic Cooperation) Members Electricity Regulators' Forum
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Other employees are covered under the state-operated CMERF and the State Teachers' Retirement System (TRS).
The city's current employees, excluding teachers, participate in the state-administered CMERF. As of June 30, 2016 the city reported in its audited financial statements $31 million as its proportionate share of the plan's net pension liability based on the plan's 8% IRR and an assets to liabilities ratio of 93%.
The series 2017 D bonds are being issued to prepay the past service obligations that were accrued when active police and firefighter pension obligations were transferred to the CMERF in April 2012 for firefighters and July 2013 for police.