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Document / 151 pages

World Trade Center records folder, 2001

Machine-extracted title · confidence 65%

Records folder index from Mayor's office covering World Trade Center administrative materials.

NYC-WTC_000136391–000136541

Folder label: “Folder 138

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Scanned page image, NYC-WTC_000136497
OCR text

OCR status: ok · source: pdftotext

NYC 9/11 Public Portal Document

SEP-27-2001 11:15 FISA— EXECUTIUE OFFICE 1 212 857 1106 P.24

APPENDIX D (Continued)

d Assuming the hypothetical deceased Firefighter would have

received future salary increases consistent with the salary scale used in the June 30, 2000 actuarial valuation of FIRE, would have retired at age 55 on a Service Retirement and received a pension subject to Cost-of-Living-Adiustments w ("COLA") in accordance with Chapter 125 of the Laws of 2000 and a Consumer Price Inflation ("CPI") assumption of 2.5% per year, plus Variable Supplements Fund ("VSF") benefits of $12,000 per year until death at age 81 and that the APV were determined by discounting the expected payments at an Actuarial Interest Rate ("AIR") assumption of 5.0% per year, then the resulting economic loss would equal approximately $1.6 million.

As the same time, using comparable assumptions and assuming the spouse would live to age 83, the APV of GML Section 208(f) benefits and other death benefits payable to the spouse and/or children from City and State of New York sources would exceed $1.9 million.

D-3 CSB6L:FCB/dy

TflTnl o -v TOTAL P.24 NYC-WTC 000136497

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NYC-WTC_000136497Source: NYC Law Department, mirrored locally

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