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HomeMy WebLinkAboutInstructions for Personalized Reports Augusta Richmond GA DOCUMENT NAME: ::LN~""R\Je:T'ONS .\\{2. ~eRSO""'ALI"Z...eC \2e-fO-~S DOCUMENT TYPE: \<~~~T.s YEAR: ~oD5 BOX NUMBER: d 5' FILE NUMBER: )1 Lo s-q NUMBER OF PAGES: {~ . d~J1 / 76~<J GEORGIA MUNICIPAL :4SS0CIATION The Burgess Building. 201 Pryor Street, SW . Atlanta, Georgia 30303-3606 Tel 404-688-0472 . Fax 678-686-6289 . Toll Free 1-888-488-4462 . www.gmanet.com March, 2005 MEMORANDUM TO: Pension Committee Secretaries FROM: GMA Retirement Fund SUBJECT: INSTRUCTIONS FOR PERSONALIZED REPORTS ON RETIREMENT PLAN BENEFITS AND PENSION REPORT REFERENCE LISTING Personalized Reports on Retirement Plan Benefits We have redesigned the personalized reports to give them a new look and to refine and update some of the wording. There have been no changes to the method by which benefits are calculated for these reports. We hope that this updated statement will be well received by all participants. The enclosed personalized reports should be distributed to all plan participants as soon as possible. To get the most mileage out of this form of employee communication, we would suggest that either the Pension Committee Secretary or each supervisor personally distribute the reports to his or her participating employees. This could be done at the closing of a group meeting or in individual one-on- one counseling sessions. Of course, if meetings are not possible, you could distribute the reports at work, or mail them to the participant's homes. These reports should be easily understood by most of your participants; however, a few questions may arise. Our goal is to make sure all plan participants understand, and appreciate, their pension plan. To aid in the understanding of thePersonaJized Retirement Status Reports, attached is a table of some typical questions (answers provided) which are asked when reports such as these are distributed. Pension Report Reference Listing Enclosed are two copies of a Pension Report Reference Listing of accrued and projected retirement benefits for participants reported to GMA on your most recent employee census. RISK MANAGEMENT AND EMPLOYEE BENEFIT SERVICES BOARD OF TRUSTEES Chairperson - Jay Powell, Mayor, Camilla . Vice Chairperson - James V, Burgess, Jr" Mayor. Social Circle . Secretary-Treasurer - Jim E. Higdon, GMA Executive Director . Trustees - John Bennett, City Manager, Rome. Phil Best. Mayor, Dublin . Keith Brady. Mayor. Newnan . Kathy Brannon, City Manager. Chamblee . Ronnie Dixon, Mayor, Vidalia . Billy Edwards, City Manager, Hinesville . James E. Elliott, Jr" City Attorney, Warner Robins . Elizabeth M, English. Councilmember, Vienna . Myrtle Figueras, Councilmember, Gainesville . Susan Holmes, Mayor. Monticello. Joe Morton, City Manager. Fayetteville . Cecil Pruett, Mayor, Canton . Kenneth E. Smith, Sr" Mayor, Kingsland .. - 2 - The participants listed will be receiving Individualized Retirement Status Reports that contain information similar to that listed on the reference listing. Please be certain, though, that they understand these points: 1. The benefits shown are estimates only. Actual benefits depend on the participant's final average earnings, credited service, and the provisions of the plan in effect when the participant's employment terminates. 2. The Retirement date shown is the first date that the participant can retire with unreduced benefits. A participant usually may retire earlier than the date shown, but the benefit will be lower. 3. The Projected benefit has been calculated as an annual life annuity. That means the maximum normal retirement benefit payable during the participant's lifetime alone (plan A on the Application for Retirement). The J&S (Joint & Survivor) form of payment is available, which provides payment of a pension to a surviving beneficiary (plan B on the Application for Retirement). If the participant chooses Plan B under the 100% option when the employee retires, the benefit will be reduced. 4. Benefits have been estimated for a participant's present status only. Any benefits that an employee accrued as a former official, or that an official earned as a former employee, have not been included. 5. Social Security benefits have not been estimated for officials, or for employees who were reported to GMEBS as not covered by Social Security. Those listed are just that- -estimates. 6. In most plans, employees must complete one year of continuous service before they may participate. Some employees who are not yet participants may have been included in the reference listing. We assume that they will join the plan as they become eligible. To aid in the understanding of the Pension Report Reference Listing, attached is a table of the column headings shown on the reference listing and a brief explanation of each column heading. Please call us if you have any questions. PERSONALIZED PENSION STATUS REPORTS QUESnONSANDANSWERS Q. When can I retire? A. Your report shows your normal retirement date under the retirement plan in which you currently participate. You should discuss the specific provisions of your plan with your Pension Committee Secretary. Q. The benefit I've earned is A. If you don't have very much service with the City, your earned benefit may awfully small. Why? When be fairly small. Each year of service you complete in the future and any pay will it grow, and how? raises you get will increase your earned benefit. Q. How do I claim my benefit A. A few months before you are ready to retire, you should contact your Pension if I leave this job a few years Committee Secretary to discuss payment arrangements. before I'm ready to retire? Q. I earned a benefit from A. No. The benefit earned under this plan will not be affected by any other another employer prior to this pension plan benefit you may have earned in the past or may earn at another job. Will that benefit be employer in the future. affected by the one I'm now earning? Q. Who is paying for these A. The City pays for these reports. The cost is not passed on to you or any other reports? Am I? plan participant. Q. I see an error on my report. A. You should contact your Pension Committee Secretary as soon as you notice What should I do? any error on your report. The Secretary can help determine the nature of the error, and report it to GMEBS. If sufficient time is given, the error can be corrected before you receive your next annual report. Q. I've read my report, I A. You should keep it in a safe place for future reference. We also recommend understand it, I have no sharing it with your spouse so he or she understands the plan and the financial questions, except. . . what security it can provide. should I do with the report now? Q. I received a report such as A. Your prior employer probably had a different pension plan. The formula used this one from my pnor to calculate your benefit was different; therefore, the benefit amount was employer. But, the numbers different. This report only shows the benefits earned under your current are really different on this employer's retirement plan. If the personal information shown on this report is report. Why? incorrect, please contact your Pension Committee Secretary. Q. What is vesting? A. Vesting means that you have a right to receive your vested benefit at your nornlal retirement age, even if you leave employment with the City before that time. However, you must be alive at that age and make proper application with your Pension Committee Secretary for benefit payments to begin. Q. Are the benefits shown on my report accurate? Can I count on them? Q. I'm planning to retire in a few years. How should I use my report? Q. Must I keep this statement until I retire? Is this a one- time thing? Q. What if I get another job? What happens to my benefits? Q. Why are some of my earnmgs amounts for past years "estimated"? Does my employer keep track of these things? I really earned more than the amounts shown on my report. Q. When should I really start thinking about retirement? I'm still pretty young. How much planning do I need to do? PERSONALIZED PENSION STATUS REPORTS QUESTIONS AND ANSWERS (continued) A. GMEBS has made every effort to accurately calculate your benefits. The amounts are based on the data GMEBS has collected on your employment with the City. This data is shown on your individual report. If any of the information is incorrect, the benefit amount for current status of your benefit may be affected. It is for that reason that you must check your report carefully, and let your Pension Committee Secretary know if an error is found. A. The report can give you an idea of the amount of monthly income you can expect to receive from the retirement plan, and when benefit payments will begin. You should also consider other sources of retirement income, such as Social Security, previous employer's retirement plan benefits, income from your personal savings accounts and IRAs, etc. in determining whether you will have sufficient income to continue your current lifestyle after retirement. A. The City may provide you with personalized retirement status reports in the future. We recommend keeping this report in a safe place for future reference, A. If you are vested when you leave employment with the City, you will be entitled to a monthly benefit commencing on your normal retirement date. In some circumstances, you will be able to apply for reduced benefits to begin at an earlier age than normal retirement. Your Pension Committee Secretary can help you with the application for benefits. A. The earnings shown on your report are the earnings rates reported to GMEBS each year. You may have worked for the City for many years, but if GMEBS does not have an actual amount for all of those years, an earnings amount was "estimated" for you. Rather than entering the unknown earnings amount as "0", we estimated an annual earnings amount when calculating your retirement benefits. This will give you a better idea of what your actual benefit may be. In future years, the amount of data collected by GMEBS will increase, which will reduce the need to make these "estimates." A. You should plan for retirement throughout your working career. Obviously, savings set aside today will earn compound interest in the years ahead, whicp will offer a substantial supplement to your retirement plan income. You may wish to discuss your current financial situation and retirement plans with your personal financial advisor. EXPLANA TION OF HEADINGS ON REFERENCE LISTING Description Heading NAMEl' Participant's name SOC SEC NO Participant's Social 'Security number SEX 1 = Male; 2 = Female SEQ# A number assigned by GMEBS for internal use only DATE OF BIRTH Month, day, and year of birth DATE HIRED Month, day, and year that most recent period of employment began RETIREMENT Month, day, and year when participant becomes eligible for normal retirement FIRST VEST If your plan provides for graduated vesting, the first date a participant becomes vested will be shown lOO% VEST If the participant is not fully vested yet, the date when he will become 100% vested is shown % VEST Percent of the participant's accrued benefit which was vested as of the valuation date SALARY HISTORY: Salaries reported to GMEBS through your employee census for the years THIS YEAR LAST YEAR listed 2 YRS AGO 3 YRS AGO 4 YRS AGO RET AGE The participant's normal retirement age SS AGE Age used to calculate the participant's estimated Social Security benefit TOT AGE The age the participant is eligible to receive benefits from both your plan and Social Security ACCRUED BENEFIT Estimated annual accrued benefit from your plan as of the valuation date PRSVC Years and months of credited service resulting from periods of employment prior to DATE HIRED COLA % The plan's cost-of-living level EQUITY The participant's accumulated contributions, if any, plus interest. Entry will be blank if the employee has not contributed yet or if the plan is non- contributory DATE Date interest last credited to participant's equity BENEFITS ATNRD: Estimated annual benefit from your plan beginning on the participant's PROJECTED normal retirement date, assuming the participant works continuously to his normal retirement date sac SEC Estimated annual Social Security benefit beginning at normal retirement age (or age 62 if that is later than the participant's normal retirement date) : TOTAL Total of Projected and Soc See benefits J&S Estimated annual benefit from your plan beginning on the participant's normal retirement date under the 100% Joint and Survivor option, assuming the beneficiary is the same age as the participant TOTAL Total of J&S and Soc See benefits % SUR Percentage of participant's benefit that will continue to the beneficiary under the Joint and Survivor option GEORGIA MUNICIPAL ~SSOCIATION The Burgess Building' 20 I Pryor Street. SW . Atlanta, Georgia 30303-3606 Tel 404-688-0472 . Fax 678-686-6289 . Toll Free 1-888-488-4462 . www,gmanet,com April 27, 2005 Ms. Lena J. Bonner Pension Committee Secretary City of Augusta 530 Greene Street Augusta, GA 30911-4406 Dear Ms. Bonner: The annual valuation of the retirement plan for the City of Augusta has been completed. Calculations were based on the data that was submitted to GMA, the terms of the plan, and the assets of the plan as of March 1, 2005. A summary of the data and the results of the valuation are shown in the enclosed booklet. The monthly cost of the plan for the coming year, including administrative charges and pension statements has increased from $16,702.66 to $17,797.08. The new cost represents 3.2% of the payroll of covered employees versus 3.0% of covered payroll at the previous valuation. The new amount will be reflected on the forthcoming billing. Please remit the new amount only after it appears on the billing statement. Normally, the actuary does not comment why the contribution as a percentage of pay changes unless the change is more than 2% of payroll. Over the long term, some fluctuation is expected. Effective July 1, 2004, the GMEBS Board of Trustees approved a modest increase in the administrative fees for retirement plans. The base annual fee was increased by $83, and the per head charge for active participants, retired participants and terminated vested participants by $1, $2 and $1 respectively, Personalized pension statements, if requested, have increased by $1 per statement. If you should have any questions please do not hesitate to call. Sincerely, LLO~ Linda Gady, Manager Employee Benefit Services LG/vm Enclosures C: GMA Accounting Department RISK MANAGEMENT AND EMPLOYEE BENEFIT SERVICES BOARD OF TRUSTEES Chairperson - Jay Powell, Mayor, Camilla . Vice Chairperson - James V. Burgess, Jr" Mayor, Social Circle . Secretary-Treasurer - Jim E. Higdon, GMA Executive Director . Trustees - John Bennett, City Manager, Rome' Phil Best, Mayor, Dublin . Keith Brady, Mayor, Newnan . Kathy Brannon, City Manager, Chamblee . Ronnie Dixon, Mayor. Vldalia . Billy Edwards, City Manager, Hinesville . James E, Elliott, Jr,. City Attorney. Warner Robins . Elizabeth M, English, Councilmember, Vienna . Myrtle Figueras, Councllmember, Gainesville . Susan Holmes, Mayor. Monticello' Joe Morton, City Manager. Fayetteville . Cecil Pruett. Mayor, Canton . Kenneth E. Smith, Sr" Mayor. Kingsland I I I I I I I I I I I I I I I I I I - - TOWERS I PERRIN HR SERVICES City of Augusta Georgia Retirement Plan Actuarial Report as of March 1, 2005 A Participating Member of the Georgia Municipal Employees Benefit System (GMEBS) April 2005 QGfORGIA MUNICIPAL ASSOCIATION GMEBS is a service of GMA I I I I I II I I' I I I I I I I, I I I I Table of Contents Management Summary of Valuation Results............................................ MS Supplem ental Information ........................................................................... SI ~ - TOWERS PERRIN HR SERVICES I I I Management Summary of Valuation Results I I I Hig hlig h ts .................. ......................... ...................... ........... ........ ... ...... .... MS-1 Recomm ended Co ntributions ....................................................... ........... MS- 2 I State Funding Standards .............. ........................................................... MS-5 I Ass et Values......... .................................................................................... MS - 5 I Fun ded Status ........................................................ ...................... ............ MS-6 I 1\ I I I I. I I I ~ ~ I TOWERS PERRIN HR SERVICES I, I I I I I I I I I I I I I I I I I I Augusta, Georgia MS-1 Highlights This report summarizes financial results for the Augusta, Georgia Retirement Plan based upon actuarial valuations as of March 1,2005 and March 1,2004. March 1, 2005 March 1, 2004 Recommended Contribution Dollar amount Percent of Covered Payroll $ 213,565 $ 200,432 3.2% 3.0% Asset Values Market Value of Assets (MV) Actuarial Value of Assets $ 6,980,593 7,372,466 $ 6,460,159 6,913,410 Funded Status Present Value of Accrued Plan Benefits (PV APB) $ 7,016,254 $ 6,622,847 Funded Percentage (MV/PVAPB) 99.5% 97.5% Plan Termination Basis (PTB) $ 9,582,701 $ 8,785,273 Funded Percentage (MV/PTB) 72.8% 73.5% ~ ~ TOWE RS PERRIN HR SERVICES I I I I I II I I I, I I I I I I I I I I Augusta, Georgia MS-2 Management Summary This report presents the results of the March 1, 2005 actuarial valuation of the Augusta, Georgia Retirement Plan. The primary purposes of the valuation are to: · develop the recommended contribution and review the funded position ofthe plan, · estimate the minimum annual contribution under Public Retirement Systems Standards Law (Georgia Code Section 47-20-10), and · provide additional financial disclosures for various reporting requirements imposed upon the Plan and its sponsor. Recommended Contributions The Board of Trustees of the Georgia Municipal Employees Benefit System has adopted an actuarial funding policy for determination of annual contributions and the systematic funding of liabilities arising under the plan. The annual minimum contribution is the sum of 1) the normal cost (including administrative expenses), 2) the level dollar amortization of the unfunded actuarial accrued liability (initial unfunded actuarial accrued liability over 30 years from 1988 and changes in the unfunded actuarial accrued liability over 15 years for actuarial gains and losses, 20 years for plan provisions and 30 years for actuarial assumptions and cost methods from the end of the year during which such changes arise), and 3) interest on these amounts from the valuation date to the date contributions are paid (assumed monthly). Well-funded plans may have a full funding credit applied to reduce the recommended contributions. This credit insures that contributions are not required if a plan's assets exceed the present value of future benefits. The annual recommended contribution is the greater of (1) the minimum contribution described above and (2) normal cost (including administrative expenses) with interest, adjusted by a full funding credit to insure that contributions are not required if a plan's assets exceed the present value of future bel).efits. However, any amount over the minimum contribution will be phased in over five years, starting in 2003. Therefore, 60% ofthe amount over the minimum contribution (if any) is recognized for the 2005 recommended contribution. The recommended contributions for 2005 and for 2004 are developed on the next page. See pages SI-l through SI-4 in the Supplemental Information section of this report for further details on the calculation of the recommended contribution. ~ - TOWE RS PERRIN HR SERVICES I I .1 J I I I I I I I I I I I I I I I Augusta, Georgia MS-3 2005 2004 Normal Cost Plan Benefits Full Funding Credit $ 104,237 $ 96,871 24,781 24,484 77,286 72,310 7,261 6,767 0 0 213,565 200,432 133,187 125,230 213,565 200,432 6,641,379 6,637,655 Administrative Expenses Amortization of the Unfunded Actuarial Accrued Liability Interest Minimum Contribution Normal Cost with Interest Recommended Contribution Covered Payroll Recommended Contribution as a Percent of Covered Payroll 3.2% 3.0% The preceding actuarial terms are defined as follows. . Normal cost - the value of benefits for one year of service for all active employees. . Unfunded actuarial accrued liability - the excess of the actuarial accrued liability over the actuarial value of assets as of the valuation date: - the actuarial accrued liability means that part of the value of all participants' benefits attributable to prior years of service, and - the actuarial value of assets relates to the market value of assets but represents an "adjusted value" to reduce the effect of financial market fluctuations on annual contributions. . Interest - an adjustment at the valuation's assumed interest rate to account for the timing of contributions. . Full funding credit - the excess of the recommended contribution determined without regard to the full funding limitation over the full funding limit (the present value of future benefits -- ~ TOWE RS PERRIN HR SERVICES I I I I, I I I I I I I I I I I I I I I Augusta, Georgia MS-4 plus administrative expenses less the market value of assets, minimum of the normal cost for administrative expenses). . Minimum contribution - the normal cost plus an amount to fully amortize the unfunded actuarial accrued liability over a specified number of years (in the same manner as monthly payments of principal and interest reduce the outstanding balance of a mortgage). . Recommended contribution - the greater of (1) the minimum contribution and (2) normal cost (including administrative expenses) with interest. However, any amount over the minimum contribution will be phased in over five years, starting in 2003. Therefore, 60% of the amount over the minimum contribution (if any) is recognized for the 2005 recommended contribution. . Covered payroll- annual reported salaries for all active participants on the valuation date. . Recommended contribution as a percent of covered payroll- the ratio of the annual contribution to covered payroll. In future valuations, this percentage should remain relatively stable (in the absence of changes to the plan provisions or to the actuarial assumptions or methods). As the dollar amount of annual payroll increases or decreases, the recommended contribution is expected to adjust in a like manner. Experience of the plan which differs materially from that expected by the actuarial assumptions will also change the percentage of payroll over time. - TOWERS PERRIN HR SERVICES I I I I, I 1\ I I I I I I I I I I I I I Augusta, Georgia MS-5 State Funding Standards The Plan is subject to minimum funding standards of the Public Retirement Systems Standards Law (Georgia Code Section 47-20-10). The estimated minimum annual contribution under these standards is $188,784. The GMEBS Board of Trustees has adopted an actuarial funding policy which requires a different funding level than the estimated minimum annual contribution to minimize fluctuations in annual contribution amounts and to accumulate sufficient funds to secure benefits under the plan. If the employer contributes the recommended contribution developed under the actuarial funding policy each year, the Plan will meet applicable state funding standards. The development of the estimated minimum annual contribution is displayed on page SI-5 in the Supplemental Information section of this report. Asset Values Market Value of Assets Actuarial Value of Assets 2005 $ 6,980,593 $ 7,372,466 2004 $ 6,460,159 $ 6,913,410 The market value of assets is the current value of assets on the valuation date. This value fluctuates with changing financial market conditions. To minimize the effect of random variations in financial market values on the recommended contribution, the Board of Trustees adopted an asset valuation method for use in the calculation. The method for determining the actuarial value of assets is part of the GMEBS actuarial funding policy. It produces an adjusted actuarial value of assets. A smoothing technique gradually incorporates investment performance that exceeds or falls short of the expected return of 8%, which is the valuation's investment return assumption. The asset valuation method is more fully described on page SI-11 in the Supplemental Information section. Information on the change in asset values from the preceding valuation is displayed on page SI-2. - TOWE RS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia MS-6 Funded Status The funded status measures the ability of the plan (through assets in the trust) to pay benefits earned by participants. The funded status percentage is the ratio of the market value of assets to the present value of plan benefits as ofthe valuation date. A year-by-year comparison of funded status percentages indicates the plan's progress in securing participants' benefits. Different techniques are used to gauge a plan's funded status; two customary measures are presented in this section. Present Value of Accrued Plan Benefits Basis - A comparison of the market value of assets to the present value of accrued plan benefits provides one measure of the funded status of the plan. The present value of accrued plan benefits represents the benefits earned by plan participants based on their salary and service history as of the valuation date. The calculation ofthese present values assumes the retirement plan continues -- an on-going plan basis -- without recognizing benefit increases from future service or salary adjustments. On-going Plan Basis Present Value of Accrued Market Value Funded Year Plan Benefits of Assets Percentage 2005 $ 7,016,254 $ 6,980,593 99.5% 2004 $ 6,622,847 $ 6,460,159 97.5% The actuarial funding policy establishes a target level of 125% to 150% for mature plans. Since ultimate benefits under the plan are related to higher final pay levels for participants, a prudent funding objective exceeds 100% of the present value of benefits based on current salary levels. The chart on page SI-6 shows the development of the present value of accrued plan benefits on an on-going plan basis. ~ TOWE RS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia MS-7 Plan Termination Basis - Another measure of the funded status of the plan gauges the sufficiency of plan assets to cover liabilities in the event of a plan termination. The value of benefits on a plan termination basis differs from the on-going plan basis calculation in the interest assumption for the present values, Lump sum distributions to participants use a series of interest rates specified by a federal government agency (specifically for this purpose) which are adjusted for GMEBS plans each January 1. Since federally prescribed interest rates produce significantly higher distribution amounts, the funded percentage on the plan termination basis is typically lower than on an on-going plan basis. Plan Termination Basis Lump Sum Market Value Funded Year Present Values of Assets Percentage 2005 $ 9,582,701 $ 6,980,593 72.8% 2004 $ 8,785,273 $ 6,460,159 73.5% A funded percentage of 100% or more indicates each participant would receive a full distribution of his or her accrued benefit in the event of termination. Lower funded percentages would require the allocation of the assets (in accordance with the plan's terms), yielding less than full distributions for some participants. The funded status on a plan termination basis is described more fully on page SI-7. ~ - TOWERS PERRIN HR SERVICES I I I Supplemental Information I Basic Funding Results .............................................. ............................ ..... SI-l I Assets... ...................... .............................. ...................................... ............. SI -2 I Unfunded Actuarial Accrued Liability ..................................................... SI-3 I Reeo m m en d ed Co ntrib utio n.. ............................. ............................... ........ SI-4 I Estimated Minimum Annual Contribution under Public Retirement Systems Standards Law................................. SI-5 I Present Value of Accrued Plan Benefits (On-going Basis).....................SI-6 I Present Value of Accrued Plan Benefits (Plan Termination Basis) ........................................................................ SI-7 I D is closures .................... .......... ....... ..... ...................................................... SI-8 Actuarial Assumptions and Methods ...................................................... SI-10 I Asset Data......................................... ........................ ................................ SI -11 I Participant Data .......................... ............................................................. Sf-II I Actuarial C ertijication ........................... .................................................. SI -13 I Plan Provisions ........................................................................................ SI-14 I I I ~ - I TOWERS PERRIN HR SERVICES I Augusta, Georgia 81-1 I Basic Funding Results I March 1, 2005 March 1, 2004 I Active Participants Employees 215 226 I Officials 0 0 Projected Annual Benefits $ 6,318,793 $ 6,691,135 I Actuarial Accrued Liability Retirement Benefits I Employees $ 3,356,025 $ 2,925,874 Officials 0 0 I Vested Benefits 594,668 792,531 Death Benefits 151,739 139,803 I Disability Benefits 183,532 169,817 Return of Employee Contributions 907.944 652.303 I Total Active Liability 5,193,908 4,680,328 II Present Value of Projected Benefits 8,600,453 8,037,784 Terminated Participants With Deferred I Vested Benefits 4 5 Annual Benefits $ 24,250 $ 32,464 I Actuarial Accrued Liability 39,540 46,884 Retired Participants and Beneficiaries 75 77 I Annual Benefits $ 344,361 $ 345,881 Actuarial Accrued Liability 2,802,657 2,826,699 I Total Actuarial Accrued Liability 8,036,105 7,553,911 I Total Present Value of Projected Benefits 11,442,650 10,911,367 I I -- - TOWE RS I PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia 31-2 Assets Market Value as of March 1, 2004 Contributions Disbursements Investment Return $ 6,460,159 398,474 (447,009) 568.969 6,980,593 $ 6,913,410 398,474 (447,009) 551, 132 7,416,007 (43.541 ) 7,372,466 0 7,372,466 Market Value of Assets as of March 1, 2005 Actuarial Value as of March 1, 2004 Contributions Disbursements Assumed Interest Equal to Valuation Rate Expected Actuarial Value as of March 1, 2005 Adjustment for Difference Between Expected Value and Market Value as of March 1, 2005 Preliminary Actuarial Value of Assets as of March 1, 2005 Effect of Actuarial Value of Assets Corridor Actuarial Value of Assets as of March 1, 2005 See page SI-11 for a description of the asset valuation method. - - TOWE RS PERRIN HR SERVICES I Augusta, Georgia SI-3 I Unfunded Actuarial Accrued Liability I Actuarial Accrued Liability as of March 1, 2005 8,036,105 I Actuarial Value of Assets as of March 1, 2005 (7.372.466) Unfunded Actuarial Accrued Liability (Surplus) 663,639 I Unfunded Actuarial Accrued Liability as of March 1, 2004 640,501 I Change due to contribution policy Normal cost due March 1, 2004 325,323 Interest on unfunded 51,240 I Interest on normal cost 26,026 Contributions (398,474) I Interest on contributions (15.939) Net Change (11,824) I Expected unfunded actuarial accrued liability as of March 1, 2005 628,677 I Change due to actuarial (gain) or loss 34,958 Change in plan provisions 0 I Change in actuarial assumptions 0 Change in actuarial cost methods Q I Unfunded actuarial accrued liability as of March 1, 2005 663,639 I I I I I I ~ - TOWERS I PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia 81-4 Development of Recommended Contribution March 1, 2005 March 1, 2004 Minimum Contribution Normal Cost Retirement Benefits Employees Officials Vested Benefits Death Benefits Disability Benefits Return of Employee Contributions Administrative Expenses Total Normal Cost Expected Employee Contributions Employer Normal Cost $ 218,235 $ 208,549 0 0 38,138 55,455 10,340 10,177 12,178 12,151 51,922 38,991 24.781 24.484 355,594 349,807 226,576 228,452 129,018 121,355 Amortization of the Unfunded Actuarial Accrued liability Interest 77,286 72,310 7,261 6,767 0 0 213,565 200,432 133,187 125,230 213,565 200,432 Full Funding Credit Minimum Contribution Normal Cost (including Administrative Expenses) with Interest Recommended Contribution - TOWE RS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia SI-5 Estimated Minimum Annual Contribution Under Public Retirement Systems Standards Law (Georgia Code Section 47-20-10) Normal Cost $ 104,237 Amortization of the unfunded actuarial accrued liability Initial unfunded actuarial accrued liability over 13 years from March 1, 2005 The change in the unfunded actuarial accrued liability arising from plan changes over 20 years The change in the unfunded actuarial accrued liability from experience losses (gains) over 15 years The change in the unfunded actuarial accrued liability from assumption and method changes over 30 years o 126,907 (35,412) (14,209) Interest 7,261 PRSSLaw Contribution Adjustment o Total Estimated Minimum Annual Contribution 188,784 ~ - TOWERS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia Present Value of Accrued Plan Benefits (On-going Basis) Vested Benefits of Retired Participants and Beneficiaries currently receiving payments Other Vested Benefits Terminated vested participants Active participants Total Present Value of Vested Benefits Nonvested Benefits Total Present Value of Accrued Plan Benefits Market Value of Assets Unfunded Present Value of Accrued Plan Benefits (Surplus) Funded Percentage ~ ~ TOWE RS PERRIN HR SERVICES SI-6 March 1, 2005 Number of Participants 75 4 189 26 294 Present Value of Benefits $ 2,802,657 39,540 4,067,440 6,909,637 106.617 7,016,254 6,980,593 35,661 99.5% I I I I I I I I I I I I I I I I I I I Augusta, Georgia Present Value of Accrued Plan Benefits (Plan Termination Basis) SI-7 March 1, 2005 Number of Participants Retired Participants and Beneficiaries Currently Receiving Payments Terminated vested participants Active participants 75 4 ~ Total Present Value of Accrued Plan Benefits 294 Market Value of Assets Unfunded Present Value of Accrued Plan Benefits (Surplus) Funded Percentage ~ - TOWERS PERRIN HR SERVICES Lump Sum Value of Benefits $ 3,972,278 97,995 5.512.428 9,582,701 6,980,593 2,602,108 72.8% I I I I I I I I I I I I I I I I I I I Augusta, Georgia 81-8 Disclosures Government Accounting Standards Board Pension Disclosures in Employer Financial Reports: The following information is provided to assist the plan sponsor in the development of notes to plan financial statements prepared in accordance with Statement No. 25 and to its financial statements prepared in accordance with Statement No. 27 of the Government Accounting Standards Board. Significant actuarial assumptions The significant actuarial assumptions used to compute the actuarial accrued liability and the annual recommended contribution of the plan meet the Actuarial Standard of Practice No.4, Measuring Pension Obligations, establishing generally accepted actuarial principles and practices. The significant actuarial assumptions used in the current valuation are: . rate of return on investment 8.0% per year . projected salary increases for inflation 5.0% per year merit or seniority 0.5% per year . post-retirement benefit increases Not applicable Funding policy and annual contributions The funding policy for the plan is to contribute an amount equal to the recommended contribution listed on page SI-4 in each year. The recommended contribution meets the guidelines for calculating an annual required contribution set forth in Paragraphs 9-10 of Statement No. 27. These contributions are determined under the projected unit credit actuarial cost method and the asset valuation method for developing the actuarial value of assets as described on page SI-ll. The period, and related method, for amortizing the initial unfunded actuarial accrued liability is 30 years from 1988 and current changes in the unfunded actuarial accrued liability over 15 years for actuarial gains and losses, 20 years for plan provisions and 30 years for actuarial assumptions and cost methods as a level dollar amount. These amortization periods, if applicable, are closed for this plan year. The required contribution rate, if any, of active plan members is stated in the Summary of Plan Provisions section at the end ofthis report. This method is more fully explained on page MS-2. ~ - TOWE RS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia 81-9 Funded Status The table below sets forth required supplementary information to be disclosed in the schedule of funding progress. The items presented are based on the March 1, 2005 actuarial valuation: . actuarial value of assets $ 7,372,466 . actuarial accrued liability 8,036,105 . funded ratio 91.7% . total unfunded actuarialliability(funding excess) 663,639 . annual covered payroll 6,641,379 . ratio of unfunded (excess) to annual covered payroll 10.0% Effect of plan changes on the actuarial accrued liability The effect on the actuarial accrued liability of any current-year changes in actuarial assumptions or benefit provisions is: The plan provisions valued and the actuarial assumptions are the same as those used in the preceding valuation. Effect of plan changes on recommended contributions The effect on the recommended contributions of any current-year changes in actuarial assumptions, benefit provisions or actuarial funding method is: The plan provisions valued and the actuarial assumptions and cost methods are the same as those used to determine the contribution requirement for the preceding year. ~ ~ TOWERS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I Augusta, Georgia SI-10 Actuarial Assumptions and Methods Economic Assumptions Interest Rate On-going plan basis Plan termination basis Annual Rates of increase in: Salaries Future Social Security Wage Bases Cost of living adjustment Demographic Assumptions Mortality On-going plan basis Plan termination basis Termination Disability Retirement Form of Payment Administrative Expenses ~ - TOWERS PERRIN HR SERVICES 8.0% 5.06% 5.5 5.5 Not applicable 1983 GAM Table 1994 GAR Unisex Table Aqe Rate 20 30 40 50 60 50% of 1975 SSA study Employees: 65 Police & Fire: Earlier of 65 and 60 with 25 years of service .2580 .1560 .0945 .0585 Life annuity $2,852 plus $35 per active participant, $80 per retired participant and $31 per terminated vested participant. Pension statements, if requested, are $5 per person. Contributory plans only: additional $36 per active or , terminated vested participant with an individual: balance. I I I I I I I I I I I I I I I I I I I Augusta, Georgia 81-11 Actuarial Methods Normal Cost and Actuarial Accrued Liability Actuarial Value of Assets Projected Unit Credit Calculate Expected Actuarial Value of Assets by rolling forward prior year's Actuarial Value with contributions, disbursements, and expected return on investments. Preliminary Actuarial Value of Assets is Expected Actuarial Value of Assets plus (minus) 10% of the amount that Market Value of Assets exceeds (is less than) Expected Actuarial Value of Assets. In addition, the Actuarial Value of Assets will not be less than 70% or greater than 130% of the Market Value of Assets. This 30% corridor will be reduced by 5% each year until 2007, after which time the Actuarial Value of Assets will not be less than 80% or greater than 120% of the Market Value of Assets. Asset Data GMEBS has supplied all asset data used in the valuation. The market value of assets is based on current values as of two months preceding the valuation date and is assumed to be current through that date. Participant Data The primary source of participant data for the current valuation is a census of all participants which was prepared by the employer through GMEBS. The data are typically collected by the employer two months prior to valuation date and assumed to be current through that date. A summary of active participant data as of the valuation date is present on the following page. ~ - TOWE RS PERRIN HR SERVICES I t-;I 0 0\ Ul Ul 01>- 01>- W W N N ..... to 0 <: 0 Ul 0 Ul 0 Ul 0 Ul 0 Ul f-'. I rt ell I I I I I I I I I I lit"); I1J Ii 0\ Ul Ul 01>- 01>- W W N N ..... 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WW I 01-' I.OUl 1.0 00 I-' I-' 000\ 00 01>- 1.00 WoI>- NUl 01>-01>- I ooWN OW 000 001>- 01>-1.0 O'\N -.lW 1.00 Ul -.I 01>-01>- I \O-lt-' -.lUl -.lWt-' -.lO'\N ooUlW .....oI>-W UlNoI>- .....Ulol>- WON 01>-01>- I OI.OUl f-'oI>-Ul 00'\ N WI.OO oI>-OUl WWW 00000 0101-.1 NI-'N NN..... 000 000 f-' I I I I I I I I I I I ~ I I \1 I I I I I I I I Augusta, Georgia 81-13 Actuarial Certification This valuation has been conducted in accordance with generally accepted actuarial principles and practices. The actuarial assumptions and methods employed in the development of the recommended contribution have been selected by Towers Perrin considering experience of the plan and reasonable expectations. In the aggregate, these assumptions and methods result in a total contribution which, in combination, offers the actuary's best estimate of anticipated experience under the plan. ~---.." 1;21' Terry L. Mat ews, F.S.A, E,A. Towers Perrin April 2005 ~ ~ TOWERS PERRIN HR SERVICES I I I I I I I I I I I I I I I I I I I GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM SUMMARY OF RETIREMENT PLAN FEATURES FOR 3-1-2005 V ALUA TION EMPLOYER Augusta, Georgia SOCIAL SECURITY Yes, but not before 1987 PARTICIPANT CONTRIBUTIONS 3.5% (pre-tax effective 1-1-04) ORIGINAL EFFECTNE DATE 3-1-87 MASTER PLAN/ ADOPTION AGREEMENT 8-1-03 ELIGffiILITY REQUIREMENTS Employees: 1 year (20 hours) . Employees hired on or after March 1, 1987 and before December 17, 1996 are eligible to participate in the plan. (See details in Addendum to AA) Officials: not covered NORMAL RETIREMENT AGE 65 (optional 55+25 for Police and Fire) EARLY RETIREMENT 55+10 BENEFIT FORMULA 1.25%-2.0% dynamic breakpoint applies to all employees . Earnings defmition remains defined in the plan document in effect immediately prior to adoption of AA, SERVICE NOT CREDITED Service prior to 3-1-87 is not credited for benefit purposes, but is recognized to qualify participants for vesting and early retirement VESTING 10 years DEATH BENEFITS Automatic Option A - participant must be eligible for early or normal retirement to designate a beneficiary. DISABILITY MINIMUM 20% COST-OF-LIVING SPECIAL JOB CLASS Class 1 = Police and Fire Employees. Mandatory retirement at age seventy (70) PENSION STATEMENTS Yes OTHER In-service distribution effective August 1, 2003. Applies only to those retirees who return to employment with the employer after normal retirement pursuant to written reemployment agreement with the employer. Early retirees who are reemployed after a minimum of 6 months may continue to receive benefits pursuant to same written agreement with employer. (See AA for details). No changes in plan features since last valuation March 1, 2005 NAME SOC SEC NO SEX SEO # Albright, Michael D. 1 258-06-5580 109 Allen, Glenn A. 1 231-82-5475 110 Allen, John L. 1 247-72-6421 111 Allen, Tameka N. 2 252-23-5263 112 Alley, Edward A. 1 255-41-4381 113 Anderson, Leroy 1 247-90-1517 114 Anderson, Robert E. 1 253-52-6837 115 Anthony, Terry L. 2 365-84-0041 116 Atkins, Michael S. 1 252-17-0986 117 DATE BORN DATE HIRED RETIREMENT 4/02/63 7/08/89 5/01/2018 5/05/54 8/26/96 6/01/2019 12/16/41 9/08/96 1/01/2007 2/19/69 10/28/92 3/01/2034 6/02/71 7/26/95 7/01/2036 3/01/50 4/15/86 3/01/2015 2/17/41 6/23/87 3/01/2006 1/08/61 7/14/94 2/01/2026 10/18/67 4/18/88 11/01/2022 Bagley, Earl Richard 1 9/21/49 39-32-1611 118 11/07/84 12/01/2009 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 FIRST VEST 100% VEST % VEST 100% 100% 10/01/2006 0% 100% 8/01/2005 0% 100% 100% 100% 100% 100% -u-SALARY THIS YEAR LAST YEAR 2 YRS AGO 34,451 31,855 31,855 19,936 19.356 19,356 20,557 19,959 19,959 97,526 82.348 82.349 20.671 20,069 20.069 43,440 42,175 42,175 53,179 51,631 51,631 22,411 21,759 21,759 44,676 43,376 37,718 41,001 39,807 39,807 HISTORY-u- 3 YRS AGO 4 YRS AGO 29,759 28,892 18,884 18.334 19,472 18,905 80,340 62,006 19,580 19,010 50,127 39,754 40,947 48,667 21,155 20,539 36,798 35,726 38,648 37.522 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 5/2028 509 COLA% EQUITY DATE 0.0% 24,080 2/05/05 0.0% 6.279 2/05/05 0.0% 6.324 2/05/05 0.0% 25,683 2/05/05 0.0% 6.653 2/05/05 0.0% 40,998 2/05/05 0.0% 38,264 2/05/05 0.0% 8,462 2/05/05 0.0% 31,169 2/05/05 0.0% 35,275 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,031 756 1.788 529 749 1,279 214 698 913 5,581 1,830 7,411 881 785 1,666 1,269 1,184 2.453 1,017 1,259 2,277 735 784 1,519 1,669 944 2,614 971 854 1,826 NRD-u- J&S TOTAL % SUR 859 1.616 100'% 441 1,190 100% 178 877 100% 4,649 6.479 100% 733 1.519 100% 1,057 2,241 100% 847 2.107 100% 612 1,397 100% 1,390 2,335 100% 809 1,663 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits. it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of e1iQibi1ity for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. TOWE RS PERRIN HR SERVICES - 65 65 65 6/2019 224 2yr 9mo 65 65 65 1/2007 173 65 65 65 3/2034 1,324 65 65 65 65 65 65 7/2036 198 3/2015 816 65 65 65 3/2006 963 65 65 65 2/2026 237 55 62 62 11/2032 695 60 10/2014 62 737 62 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY-u- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY sac SEC TOTAL sac SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Barnes, Kenneth C. 1 5/11/67 30,525 28,194 55 6/2032 0.0% 980 816 260-47-1265 119 7/08/91 29,637 28,072 62 413 18,708 726 1,542 6/01/2022 100% 29,637 62 2/05/05 1,706 100% Beard, Lawrence 1 9/13/50 30,753 29,129 64 10/2015 0.0% 800 667 260-76-4395 120 3/07/89 29,858 28,281 64 490 24,604 828 1,496 4/01/2014 100% 29,857 64 2/05/05 1,629 100% Beggs, Kathy M. 2 5/21/59 23,335 21,995 65 6/2024 0.0% 708 590 416-90-4570 121 3/27/95 4/01/2005 22,655 21,355 65 231 7,971 802 1,392 6/01/2024 0% 22,655 65 2/05/05 1,511 100% Bishop, Elana Lee 2 11/21/44 24,873 23,446 65 12/2009 0.0% 589 490 254-64-8094 122 11/21/85 24,149 22,763 65 447 24,158 780 1,271 12/01/2009 100% 24,149 65 2/05/05 1,370 100% Blount, David 1 4/15/56 31,155 30,710 64 5/2021 0.0% 811 675 260-94-4917 123 9/26/95 10/01/2005 30,248 29,816 64 298 11,184 924 1,600 10/01/2020 0% 30,248 64 2/05/05 1,736 100% Booker, Larry D. 1 5/01/57 26,502 24,743 65 5/2022 0.0% 759 632 260-94-2412 124 10/10/94 25,731 24,022 65 272 10,600 875 1,507 5/01/2022 100% 25,731 65 2/05/05 1,634 100% Brandon, Robert T. 1 8/20/48 34,987 28,157 65 9/2013 0.0% 780 650 255-78-1296 125 3/30/92 28,861 27,337 65 398 16,827 1,000 1,650 9/01/2013 100% 28,861 65 2/05/05 1,780 100% Brewer, George T. 1 4/26/67 33,308 32,750 55 5/2032 0.0% 1,026 855 267-61-4001 126 9/02/92 32,338 31,796 62 420 17,260 769 1,624 5/01/2022 100% 32,338 62 2/05/05 1,795 100% Brown, Belinda J. 2 3/06/53 29,734 20,908 65 4/2018 0.0% 694 578 253-92-1901 127 10/09/95 11/01/2005 28,869 20,300 65 242 7,664 943 1, 521 4/01/2018 0% 25,103 65 2/05/05 1,637 100% Brown, Douglas G. 1 7/29/64 24,774 22,769 55 8/2029 0.0% 808 673 253-31-8826 128 3/08/88 24,053 22,106 62 415 17,224 621 1,294 8/01/2019 100% 24,053 62 2/05/05 1,429 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual nav and years of credited service at the time of eliqibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ---- - TOWE RS PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Brundidge, Arthur J. 1 424-84-0281 129 Bush, Treon S. 252-15-1932 Butler, Karl 255-98-7946 Cain, Derrick M. 254-57-6089 Campbell, Jr., James 1 250-96-0061 133 Christie, Myles 1 101-60-2518 134 Coates, Gloria C. 2 250-94-0544 135 Cofer, Sandra J. 2 261-21-2560 136 Coffield, Tamika M. 2 106-60-7716 137 Coleman, Norbert D. 1 256-17-5311 138 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 20,873 20,266 20,266 25,856 25,103 23,724 30,601 29,710 29,710 33,536 32,559 32,559 39,710 36,031 37,231 30,693 29,799 29,799 21,087 20,474 20,474 22,882 22,216 22,216 35,280 34,253 34,253 34,135 30,129 30,129 HISTORY---- 3 YRS AGO 4 YRS AGO 19,771 19,196 23,033 22,362 28,986 28,141 31,765 30,840 36,323 30,269 30,272 28,141 19,974 19,393 21,674 21,043 32,935 28,698 27,806 26,996 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 65 65 65 7/2028 228 COLA% EQUITY DATE 0.0% 4,822 2/05/05 0.0% 13,837 2/05/05 0.0% 11,819 2/05/05 0.0% 19,446 2/05/05 0.0% 25,165 2/05/05 0,0% 17,029 2/05/05 0.0% 7,263 2/05/05 0.0% 9,561 2/05/05 0.0% 11,522 2/05/05 0.0% 23,472 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 744 761 1,506 1,041 873 1,915 796 750 1,547 1,234 798 2,032 1,034 1,058 2,092 855 708 1,564 477 755 1,233 558 797 1,355 1,114 820 1,935 1,389 1,030 2,419 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ----..", - TOWE RS PERRIN HR SERVICES 6/26/63 3/07/94 7/01/2028 2 9/05/64 130 1/22/91 10/01/2029 100% 100% 1 3/10/58 131 2/06/95 3/01/2020 1 11/15/71 132 7/08/91 12/01/2026 100% 100% 9/19/50 1/17/90 2/01/2015 100% 2/07/64 5/11/92 3/01/2019 100% 7/14/51 10/03/94 8/01/2016 3/18/52 10/04/93 4/01/2017 6/06170 2/03/95 7/01/2025 3/17/61 8112/87 4/01/2026 100% 100% 100% 100% 65 10/2029 65 352 65 62 4/2023 62 306 62 55 12/2036 62 456 62 64 10/2015 64 564 64 55 62 62 3/2029 395 65 65 65 8/2016 218 65 65 65 4/2017 259 55 62 62 65 65 65 7/2035 344 4/2026 559 lyr 3mo AT NRD---- J&S TOTAL % SUR 620 1,382 100% 867 1,741 100% 663 1,414 100% 1,028 1,826 100% 861 1,919 100% 712 1,421 100% 397 1,153 100% 464 1,262 100% 928 1,748 100% 1,157 2,187 100% NAME SEX SOC SEC NO SEO # Collins, Carl B. 1 257-04-7295 139 Compton, James R. 1 259-31-9914 140 Corker, Herbert L. 1 255-94-7679 141 Crocker, Dale A. 1 257-90-3890 142 Cross, J. M. 1 254-80-7513 143 Curry, Janice R. 2 260-13-9356 144 Dailey, Henry R. 1 255-74-9580 145 Dorsey, Cheryl D. 2 77-58-2094 146 Dowdy, John 1 259-35-0169 147 Dresser, Blaise D. 1 253-59-8290 148 DATE BORN DATE HIRED RETIREMENT 8/02/60 10/03/94 9/01/2025 4/06/65 8/28/89 5/01/2020 11/08/53 5/18/87 12/01/2018 11/05/54 4/04/95 12/01/2019 6/12/50 8/05/92 7/01/2015 4/20/56 8/18/92 9/01/2017 7/07/47 6/26/84 8/01/2012 12/20/62 5/31/94 6/01/2019 8/28/64 5/28/90 9/01/2019 10/12/74 4/04/95 11/01/2029 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 FIRST VEST 100% VEST % VEST 100% 100% 100% 5/01/2005 0% 100% 100% 100% 100% 100% 5/01/2005 0% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 21,576 20,948 20,948 37,011 35,933 35,933 23,701 23,011 23,011 32,080 31,146 31,146 25,239 24,505 24,505 24,774 24,053 24,053 22,520 21,865 21,865 35,273 34,246 34,246 31,051 30,148 30,148 35,584 34,548 34,548 HISTORY---- 3 YRS AGO 4 YRS AGO 20,437 19,842 34,433 33,430 22,341 21,691 29,050 28,204 23,675 22,986 22,769 22,106 21,153 20,537 32,428 31,483 29,412 28,556 29,755 28,888 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 65 65 65 9/2025 223 COLA% EQUITY DATE 0.0% 8,834 2/05/05 0.0% 24,008 2/05/05 0.0% 19,344 2/05/05 0.0% 10,977 2/05/05 0.0% 12,501 2/05/05 0.0% 11,668 2/05/05 0.0% 22,135 2/05/05 0.0% 10,816 2/05/05 0.0% 21,301 2/05/05 0.0% 11,377 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 692 761 1,454 1,182 810 1,992 777 820 1,598 821 999 1,821 600 830 1,430 645 655 1,300 596 758 1,354 918 798 1,716 946 714 1,660 1,278 848 2,126 NRD---- J&S TOTAL % SUR 577 1,338 100% 984 1,795 100% 647 1,468 100% 684 1,683 100% 500 1,330 100% 537 1,192 100% 496 1,255 100% 765 1,563 100% 788 1,502 100% 1,065 1,913 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual nay and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. TOWERS PERRIN HR SERVICES - 55 62 62 5/2030 570 65 65 65 65 65 65 65 65 65 12/2018 420 12/2019 310 7/2015 314 61 62 62 65 65 65 5/2021 306 8/2012 404 56 62 62 1/2028 375 55 62 62 55 62 62 9/2029 458 11/2039 334 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 - - -- SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Dugar, Earl 1 6/13/50 29,480 26,482 65 7/2015 0.0% 790 658 578-68-3884 149 9/11/89 28,622 25,711 65 446 17,819 912 1,571 7/01/2015 100% 28,622 65 2/05/05 1,703 100% Dukes, Glenn 1 5/09/61 29,480 28,622 65 6/2026 0.0% 977 814 252-17-5906 150 7/25/94 28,622 26,734 65 313 10,766 932 1,746 6/01/2026 100% 28,622 65 2/05/05 1,910 100% Dunbar, Dorothy L. 2 4/13/69 32,350 30,494 55 5/2034 0.0% 1,092 909 255-43-4894 151 11/11/91 31,408 29,605 62 428 14,666 767 1,677 5/01/2024 100% 31,408 62 2/05/05 1,859 100% Durrance, Todd J. 1 7/22/65 33,536 31,765 55 8/2030 0.0% 1,120 933 250-45-8888 152 6/06/88 32,559 30,840 62 559 27,066 758 1,691 8/01/2020 100% 32,559 62 2/05/05 1,879 100% Elam, Gwendolyn 2 8/03/54 25,577 24,227 65 9/2019 0.0% 805 671 260-94-1313 153 5/17/89 24,832 23,521 65 403 18,755 865 1,537 9/01/2019 100% 24,832 65 2/05/05 1,671 100% Elam, Wanda Denise 2 2/22/73 35,063 32,928 55 3/2038 0.0% 1,180 983 252-31-5645 154 10/04/95 11/01/2005 33,212 25,402 62 302 9,659 834 1,818 3/01/2028 0% 28,880 62 2/05/05 2,015 100% Evans, Benny 1 1/31/47 22,937 21,726 65 2/2012 0.0% 457 381 16-36-1541 155 11/30/92 22,269 21,093 65 281 10,711 766 1,147 2/01/2012 100% 22,269 65 2/05/05 1,224 100% Fernandez, Raul E. 1 1/01/53 35,738 30,949 65 1/2018 0.0% 930 775 584-09-8535 156 11/30/92 33,045 30,048 65 415 15,104 1,048 1,823 12/01/2017 100% 33,045 65 2/05/05 1,979 100% Freeman, Jason S. 1 3/31/71 34,160 28,136 55 4/2036 0.0% 1,052 876 435-61-3814 157 8/05/96 9/01/2006 33,166 27,317 62 268 9,406 808 1,685 4/01/2026 0% 28,840 62 2/05/05 1,861 100% Fuller, Ronnye Clyde 1 2/18/44 34,367 30,366 64 3/2009 0.0% 725 604 455-70-1211 158 8/16/82 33,366 29,482 64 603 32,801 829 1,433 9/01/2007 100% 33,366 64 2/05/05 1,554 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliqibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE RS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 - u - SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Galvin, Joseph Willi 1 12/30/68 33,535 31,765 55 1/2034 0.0% 1,231 1,025 252-31-0429 159 9/26/88 37,443 30,840 62 568 23,259 779 1,805 1/01/2024 100% 32,559 62 2/05/05 2,010 100% Garner, James 1 3/16/38 26,502 25,103 67 3/2005 0.0% 400 333 259-56-3670 160 1/29/90 25,731 24,372 67 400 17,339 868 1,202 3/01/2005 100% 25,731 67 2/05/05 1,269 100% Gates, Bert 1 6/08/69 34,930 30,202 55 7/2034 0.0% 1,240 1,032 256-49-9929 161 5/17/90 32,298 29,323 62 488 20,221 808 1,841 7/01/2024 100% 32,298 62 2/05/05 2,048 100% Goodwin, Nathaniel E 1 1/24/67 33,375 33,790 55 2/2032 0.0% 1,126 938 259-39-0646 162 8/28/89 32,403 32,806 62 532 23,157 770 1,708 2/01/2022 100% 32,403 62 2/05/05 1,897 100% Graham, Charlena M. 2 4/16/64 31,872 33,864 55 5/2029 0.0% 932 776 213-78-0973 163 7/20/92 34,382 32,878 62 438 15,693 726 1,503 5/01/2019 100% 34,382 62 2/05/05 1,659 100% Green, Ricky B. 1 2/06/59 18,935 17,935 65 3/2024 0.0% 539 449 252-13-9588 164 10/07/96 11/01/2006 18,384 17,413 65 158 5,223 711 1,160 3/01/2024 0% 18,389 65 2/05/05 1,250 100% Grice, Gary F. 1 1/21/64 36,503 34,576 55 2/2029 0.0% 1,175 979 260-31-0250 165 2/18/88 35,441 33,569 62 621 29,450 794 1,774 2/01/2019 100% 35,441 62 2/05/05 1,970 100% Griffin, Alfred Tyro 1 7/09/48 35,311 31,687 65 8/2013 0.0% 971 809 260-78-0714 166 7/30/84 34,283 30,764 65 623 32,460 1,006 1,815 8/01/2013 100% 34,283 65 2/05/05 1,978 100% Griffin, David C. 1 5/26/67 36,283 33,727 55 6/2032 0.0% 1,212 1,010 252-19-7348 167 4/06/90 35,227 32,745 62 535 18,918 815 1,825 6/01/2022 100% 35,227 62 2/05/05 2,027 100% Hagin, Freddie D. 1 6/16/65 27,827 23,908 65 7/2030 0.0% 1,219 1,016 253-25-6197 168 5/04/88 27,017 23,211 65 445 15,418 921 1,937 7/01/2030 100% 25,731 65 2/05/05 2,141 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual oav and vears of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ - TOWERS PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Hamilton, Darryl 259-25-7487 Hamlin, Ernest F. 257-86-9518 Hardin, Rachel L. 255-33-5286 Harper, Danny M. 257-02-0626 Harris, Angele M. 258-17-2072 Harris, Johnnie Mae 2 254-90-1294 174 Harris, Lenston M. 1 262-29-8162 175 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 1 169 3/26/67 11/12/90 4/01/2022 6/13/51 12/09/91 7/01/2016 9/29/63 4/04/95 5/01/2020 6/09/60 11/14/94 7/01/2025 11/17/60 1/30/90 12/01/2025 100% 100% 1 170 100% 2 171 5/01/2005 0% 1 172 - 100% 1 173 6/16/54 4/11/88 5/01/2013 100% 11/24/55 12/28/87 12/01/2010 100% Hazlewood, Thomas W. 1 11/29/55 254-11-4583 176 1/24/90 12/01/2020 Hem, Jackie A. 2 252-17-8663 177 Herring, Dennis E. 1 259-43-7675 178 100% 12/30/58 5/02/94 1/01/2024 4/02/67 1/17/95 5/01/2032 100% 100% -- - - SALARY THIS YEAR LAST YEAR 2 YRS AGO 31,252 30,342 32,103 54,510 52,922 46,019 32,075 31,141 31,141 20,560 19,962 19,962 31,924 28,966 28,966 37,365 36,277 36,277 38,307 32,341 32,341 18,292 17,760 17,760 26,371 25,604 25,604 20,815 20,210 20,210 HI STORY ---- 3 YRS AGO 4 YRS AGO 33,460 32,486 41,592 40,381 29,045 28,199 19,475 18,907 28,260 27,437 35,392 34,361 32,752 31,798 17,327 16,822 24,979 24,252 19,717 19,143 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 4/2032 473 COLA% EQUITY DATE 0.0% 19,708 2/05/05 0.0% 21,009 2/05/05 0.0% 10,875 2/05/05 0.0% 7,347 2/05/05 0.0% 23,902 2/05/05 0.0% 28,510 2/05/05 0.0% 28,530 2/05/05 0.0% 11,640 2/05/05 0.0% 10,760 2/05/05 0.0% 7,583 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,042 737 1,779 1,552 1,414 2,967 835 756 1,591 654 740 1,395 1,191 975 2,167 973 835 1,808 947 786 1,734 587 712 1,300 812 869 1,681 807 775 1,583 NRD---- J&S TOTAL % SUR 868 1,605 100% 1,292 2,707 100% 695 1,452 100% 545 1,286 100% 992 1,968 100% 810 1,646 100% 789 1,575 100% 489 1,202 100% 676 1,546 100% 672 1,448 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and vears of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ---= ~ TOWE RS PERRIN HR SERVICES 65 65 65 7/2016 671 57 62 62 65 65 65 65 65 65 10/2028 310 7/2025 211 12/2025 457 59 62 62 7/2019 630 55 62 62 12/2020 628 6yr 10mo 65 12/2020 65 276 65 65 65 65 1/2024 284 65 65 65 5/2032 210 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Hicks, Noah M. 1 1/06/40 79,298 75,112 65 3/2005 0.0% 1,319 1,099 237-60-2206 179 11/04/91 76,989 72,924 65 1,319 38,023 1,599 2,698 3/01/2005 100% 76,989 65 2/05/05 2,919 100% Hitchcock, III, Haro 1 9/25/68 35,258 30,505 55 10/2033 0.0% 1,077 897 255-37-9345 180 5/31/94 32,601 29,617 62 359 12,823 806 1,703 10/01/2023 100% 32,601 62 2/05/05 1,883 100% Hodson, Larry L. 1 1/12/63 33,536 31,765 55 2/2028 0.0% 1,007 838 247-39-5199 181 3/28/89 32,559 30,840 62 534 25,260 743 1,582 2/01/2018 100% 32,559 62 2/05/05 1,750 100% Holley, Julius C. 1 4/29/46 22,790 21,587 65 5/2011 0.0% 528 439 259-70-1311 182 1/23/89 22,127 20,959 65 367 15,285 756 1,196 5/01/2011 100% 22,127 65 2/05/05 1,285 100% Holliday, Robert A. 1 1/07/73 34,324 28,271 55 2/2038 0.0% 1,129 940 259-47-9331 183 6/10/96 7/01/2006 33,324 27,448 62 275 9,497 822 1,762 2/01/2028 0% 28,978 62 2/05/05 1,951 100% Hollis, Christopher 1 8/24/65 23,467 22,229 65 9/2030 0.0% 990 824 257-06-2849 184 2/26/90 22,784 21,581 65 352 13,644 826 1,651 9/01/2030 100% 22,784 65 2/05/05 1,816 100% Hoskins, Jeannette L 2 9/29/61 19,985 18,930 65 10/2026 0.0% 778 648 153-52-9014 185 4/24/89 19,404 18,379 65 317 13,250 733 1,382 10/01/2026 100% 19,404 65 2/05/05 1,512 100% Howell, Jerry W. 1 7/25/67 32,308 29,271 55 8/2032 0.0% 1,189 990 441-80-9295 186 3/09/87 31,367 28,419 62 570 28,533 753 1,744 8/01/2022 100% 31,367 62 2/05/05 1,942 100% Hudson, Barbara E. 2 10/03/45 25,759 24,400 65 11/2010 0.0% 514 428 259-70-0880 187 8/26/91 25,010 23,689 65 348 13,846 803 1,232 11/01/2010 100% 25,010 65 2/05/05 1,318 100% Hughes, Dwain E. 1 7/30/59 31,351 29,552 55 8/2024 0.0% 895 745 255-04-5256 188 2/25/87 30,439 28,691 62 564 29,555 689 1,435 8/01/2014 100% 30,439 62 4yr 7mo 2/05/05 1,585 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE RS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Hughes, Eddie 1 8/09/52 23,354 22,122 65 9/2017 0.0% 662 552 271-54-8642 189 5/07/90 22,675 21,477 65 345 13,913 806 1,358 9/01/2017 100% 22,675 65 2/05/05 1,469 100% Jackson, Kenneth D. 1 2/28/70 33,536 31,765 55 3/2035 0.0% 1,100 916 257-27-3769 190 8/23/93 32,559 30,840 62 386 15,054 792 1,708 3/01/2025 100% 32,559 62 2/05/05 1,892 100% James, Kellie R. 2 3/19/69 27,291 25,850 65 4/2034 0.0% 1,215 1,012 253-49-1871 191 7/01/91 26,497 25,098 65 373 14,090 928 1,940 4/01/2034 100% 26,497 65 2/05/05 2,143 100% Jenkins, Valerie R. 2 2/07/58 33,542 23,062 65 3/2023 0.0% 992 827 260-04-0161 192 9/19/94 27,184 22,390 65 291 9,062 1, 017 1,844 3/01/2023 100% 27,924 65 2/05/05 2,010 100% Johnson, Jacques A. 1 9/08/53 31,126 29,483 60 10/2018 0.0% 810 675 247-98-0401 193 4/18/88 30,220 28,624 62 524 27,362 742 1,417 5/01/2013 100% 30,220 62 2/05/05 1,553 100% Johnson, Jr. , Richar 1 9/09/71 35,788 35,099 55 10/2036 0.0% 1,227 1,022 258-65-2632 194 11/01/93 34,746 34,076 62 411 15,731 835 1,857 10/01/2026 100% 34,746 62 2/05/05 2,062 100% Johnson, Sean M. 1 1/29/69 39,248 36,352 55 2/2034 0.0% 1,434 1,194 247-11-5820 195 12/05/88 37,261 35,293 62 624 28,005 876 2,071 2/01/2024 100% 37,261 62 2/05/05 2,310 100% Johnson, Wenda 1 1 1 1/05/66 34,508 31,408 55 2/2031 0.0% 1,210 1,008 257-33-8687 196 6/01/87 33,504 30,493 62 604 28,385 780 1,788 2/01/2021 100% 33,504 62 2/05/05 1,990 100% Jones, Antonio E. 1 2/07/66 31,051 29,412 55 3/2031 0.0% 973 810 253-35-8729 197 1/07/91 30,148 28,556 62 438 19,952 727 1,538 3/01/2021 100% 30,148 62 2/05/05 1,700 100% Jones, Cornelius L. 1 4/06/71 31,051 29,412 55 5/2036 0.0% 1,083 . 902 256-53-3604 198 10/06/92 30,148 28,556 62 383 16,423 758 1,660 5/01/2026 100% 30,148 62 2/05/05 1,841 100% All benefi ts shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE RS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Jones, Jr. , Jasper W 1 1/03/70 39,344 31,760 55 2/2035 0.0% 1,431 1,192 259-43-0236 199 2/19/90 37,437 30,835 62 537 23,077 885 2,077 2/01/2025 100% 32,554 62 2/05/05 2,316 100% Jones, Ricky A. 1 3/22/63 26,326 23,305 65 4/2028 0.0% 978 814 260-27-6227 200 7/20/92 23,888 22,627 65 314 12,826 878 1,693 4/01/2028 100% 23,888 65 2/05/05 1,856 100% Jones, Thelodis T. 1 9/10/70 29,847 28,271 55 10/2035 0.0% 922 768 253-51-0429 201 1/05/96 2/01/2006 28,978 27,448 62 271 10,362 733 1,501 10/01/2025 0% 28,978 62 2/05/05 1,655 100% Jordan, Malton 1 2/12/58 26,283 24,896 65 3/2023 0.0% 894 744 253-06-3582 202 6/12/90 25,518 24,171 65 386 28,813 867 1,612 3/01/2023 100% 25,518 65 2/05/05 1,761 100% Jordan, Quincy 1 12/12/69 31,032 28,642 65 1/2035 0.0% 1,301 1,083 256-21-4834 203 9/19/94 30,129 27,808 65 320 9,781 1,012 2,095 1/01/2035 100% 30,129 65 2/05/05 2,313 100% Kea, Randall K. 1 9/04/61 34,494 28,413 59 10/2026 0.0% 898 748 257-25-9322 204 11/21/95 12/01/2005 29,123 27,585 62 286 10,425 794 1,542 12/01/2020 0% 29,123 62 2/05/05 1,692 100% King, Martha R. 2 7/25/50 34,100 32,300 65 8/2015 0.0% 740 616 257-86-5081 205 9/26/94 33,107 31,359 65 355 11,861 1,002 1,618 8/01/2015 100% 33,107 65 2/05/05 1,742 100% Kirk, Edward L. 1 6/18/52 31,547 29,345 65 7/2017 0.0% 750 625 255-82-8998 206 8/08/94 30,629 28,490 65 329 11,416 970 1,595 .7/01/2017 100% 30, 629 65 2/05/05 1,721 100% Kirkland, Billie 1 4/15/53 25,778 24,299 65 5/2018 0.0% 740 616 252-80-6258 207 9/10/90 25,028 23,591 65 371 15,753 862 1,479 5/01/2018 100% 25,028 65 2/05/05 1,603 100% Labord, Jeffrey L. 1 2/18/67 21,149 20,033 65 3/2032 0.0% 965 804 254-21-5221 208 4/07/88 20,533 19,449 65 356 16,421 783 1,587 3/01/2032 100% 20,533 65 2/05/05 1,748 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past. earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibi1ity for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. -------., ~ TOWE RS PERRIN HR SERVICES NAME SOC SEC NO Lapan, Melvin E. 589-18-3137 Lark, Ann 247-76-7162 Larke, Gregory K. 248-35-7360 Leaphart, Eugene 248-88-6969 Lee, Julia 94-60-3060 Lively, Keith B. 256-43-4692 Lord, James D. 254-31-8187 Major, Jr., John 256-21-2611 SEX SEO # Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 1 209 7/27/65 7/11/88 8/01/2020 5/24/43 1/25/82 6/01/2008 8/16/61 7/11/88 9/01/2016 8/20/49 2/01/88 9/01/2014 100% 100% 2 210 100% 1 211 100% 1 212 2 213 8/05/61 5/29/90 9/01/2026 6/25/67 5/23/89 7/01/2022 100% 100% 1 214 1 215 12/11/64 9/05/89 1/01/2020 6/30/61 9/20/88 7/01/2026 100% 100% 1 216 Manning, Richard I. 1 8/08/40 248-66-4870 217 8/29/94 9/01/2005 100% Masters, Charles L. 1 10/22/69 252-33-7616 218 12/05/90 11/01/2024 100% -- - - SALARY THIS YEAR LAST YEAR 2 YRS AGO 51,217 49,726 43,240 34,101 33,109 33,109 30,525 29,637 29,637 23,232 19, 613 19,613 24,251 23,545 23,545 38,685 37,558 32,659 35,535 34,500 30,000 27,547 26,745 26,745 31,032 30,129 30, 129 33,701 32,720 32,720 HISTORY---- 3 YRS AGO 4 YRS AGO 42,185 40,957 32,144 31,208 28,914 28,072 19,135 18,578 22,971 22,302 33,063 32,100 29,269 28,416 26,093 25,333 27,883 27,071 31,922 30,992 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 8/2030 800 COLA% EQUITY DATE 0.0% 32,373 2/05/05 0.0% 32,151 2/05/05 0.0% 25,742 2/05/05 0.0% 17,003 2/05/05 0.0% 14,747 2/05/05 0.0% 24,997 2/05/05 0.0% 23,151 2/05/05 0.0% 17,135 2/05/05 0.0% 11,428 2/05/05 0.0% 21,038 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,851 1,023 2,875 746 934 1,680 892 685 1,578 665 784 1,450 915 823 1,738 1,333 852 2,185 1,119 780 1,900 1,083 892 1,975 335 878 1,213 1,187 788 1,976 NRD---- J&S TOTAL % SUR 1,542 2,566 100% 621 1,555 100% 743 1,428 100% 554 1,339 100% 762 1,585 100% 1,110 1,962 100% 932 1,713 100% 902 1,794 100% 279 1,157 100% 989 1,777 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the goyerning legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown.above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES 65 65 65 6/2008 613 55 62 62 65 65 65 9/2026 507 9/2014 375 2yr 65 65 65 9/2026 358 55 62 62 7/2032 571 55 62 62 65 65 65 1/2030 506 7/2026 453 65 9/2005 65 319 65 55 11/2034 62 478 62 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Mathis, Maurice E. 1 3/19/49 18,933 17,933 65 4/2014 0.0% 368 306 386-54-3183 219 7/28/95 8/01/2005 18,382 17,411 65 181 6,130 702 1,009 4/01/2014 0% 18,382 65 2/05/05 1,070 100% May, James L. 1 4/28/76 34,442 29,569 55 5/2041 0.0% 1,249 1,040 259-35-3489 220 6/10/96 7/01/2006 29,078 28,708 62 272 9,950 838 1,879 5/01/2031 0% 29,078 62 2/05/05 2,087 100% McBeth, Charles 1 2/19/55 30,983 28,797 64 3/2020 0.0% 806 672 248-13-0622 221 6/09/94 30,081 27,958 64 328 11,597 918 1,591 7/01/2019 100% 30,081 64 2/05/05 1,725 100% McCraw, Otis C. 1 7/03/55 31,252 32,729 64 8/2020 0.0% 835 695 237-94-3374 222 5/31/94 30,342 31,775 64 359 12,704 889 1,584 6/01/2019 100% 34,228 64 2/05/05 1,724 100% Miller, Kathy E. 2 11/05/56 18,253 17,240 65 12/2021 0.0% 540 450 255-04-6027 223 6/22/93 17,722 16,738 65 213 5,578 708 1,158 12/01/2021 100% 17,722 65 2/05/05 1,248 100% Moore, Scott 1 8/28/71 33,902 32,112 55 9/2036 0.0% 1,283 1,068 24-50-2432 224 4/09/90 32,915 31,177 62 503 22,755 804 1,873 9/01/2026 100% 32,915 62 2/05/05 2,087 100% Mueller, Archie Loui 1 9/18/41 18,473 17,413 65 10/2006 0.0% 368 306 516-58-6856 225 9/11/78 17,935 16,906 65 332 17,706 662 969 10/01/2006 100% 17,935 65 2/05/05 1,030 100% Murphy, Betty W. 2 3/31/38 31,298 29,502 67 3/2005 0.0% 563 469 253-52-9755 226 10/31/77 30,387 28,643 67 563 28,842 958 1,427 3/01/2005 100% 30,387 67 2/05/05 1,521 100% Murphy, Jerry W. 1 11/05/57 21,212 20,092 65 12/2022 0.0% 583 486 253-11-8470 227 6/10/96 7/01/2006 20,595 19,507 65 184 6,035 766 1,252 12/01/2022 0% 20,595 65 2/05/05 1,349 100% Myers, Vernon J. 1 9/22/63 30,900 29,269 55 1012028 0.0% 890 741 253-25-6812 228 1/07/91 30,000 28,416 62 435 20,336 705 1,446 10/01/2018 100% 30,000 62 2/05/05 1,595 100% All benefits shown aboye are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the.current employer. ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Neal, Donald M. 1 7/16/47 27,691 26,229 65 8/2012 0.0% 651 542 247-82-9995 229 12/04/89 26,885 24,057 65 416 20,297 854 1,397 8/01/2012 100% 26,885 65 2/05/05 1,506 100% Neal, Edward L. 1 6/26/59 33,535 31,765 55 7/2024 0.0% 887 739 252-04-5751 230 1/16/89 37,443 30,840 62 556 25,795 720 1,459 7/01/2014 100% 32,559 62 2/05/05 1,607 100% Noikov, Michael G. 1 1/29/59 27,006 22,887 65 2/2024 0.0% 839 699 257-19-9063 231 3/15/94 24,505 22,220 65 275 11,442 878 1,577 2/01/2024 100% 24,505 65 2/05/05 1,717 100% O'Bryant, Quincy L. 1 4/01/67 33,371 31,609 55 4/2032 0.0% 1,022 851 257-13-7881 232 10/06/92 32,399 30,688 62 412 17,182 770 1,621 4/01/2022 100% 32,399 62 2/05/05 1,792 100% Oatman Jr, Fred 1 10/18/65 19,936 18,884 65 11/2030 0.0% 718 598 254-33-9457 233 3/25/96 4/01/2006 19,356 18,334 65 178 6,051 749 1,347 11/01/2030 0% 19,356 65 2/05/05 1,467 100% Odell , James M. 1 9/07/51 22,825 21,621 65 10/2016 0.0% 574 478 240-84-6323 234 7/22/92 22,161 20,991 65 287 12,116 789 1,268 10/01/2016 100% 22,161 65 2/05/05 1,364 100% Overstreet, Tracy Ma 1 10/15/56 28,761 22,148 65 11/2021 0.0% 1,038 865 256-98-1622 235 2/14/87 27,924 21,503 65 465 22,220 925 1,790 11/01/2021 100% 23,907 65 2/05/05 1,964 100% Owen, Timothy L. 1 12/24/68 35,834 31,973 55 1/2034 0.0% 1,110 924 254-47-8085 236 3/29/94 34,791 31,042 62 383 13,390 815 1,740 1/01/2024 100% 34,791 62 2/05/05 1,925 100% Parks, Dayid E. 1 4/08/70 30,975 29,230 55 5/2035 0.0% 1,072 893 360-70-7237 237 1/27/92 30,073 28,485 62 405 17,931 751 1, 644 5/01/2025 100% 30,073 62 2/05/05 1,824 100% Patterson, Bryan A. 1 11/30/65 34,636 29,825 55 12/2030 0.0% 1,136 946 258-33-4795 238 5/22/89 33,628 28,957 62 527 23,927 774 1,721 12/01/2020 100% 33,628 62 2/05/05 1,911 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown aboye are based only upon the participant's current classification of employment with the current employer. -------., ~ TOWERS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORy---- ---BENEFITS AT NRD- n_ DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Pencille, John M. 1 11/11/64 31,511 28,498 55 12/2029 0.0% 886 738 121-54-3324 239 11/16/92 30,594 27,668 62 387 14,841 721 1,459 12/01/2019 100% 33,653 62 2/05/05 1,607 100% Perdue, Gregory D. 1 1/09/58 31,847 29,636 59 2/2023 0.0% 829 690 257-02-4682 240 5/18/92 30,920 28,773 62 404 14,624 747 1,438 6/01/2017 100% 30,920 62 2/05/05 1,577 100% Pullen, Mary L. 2 8/07/60 26,123 24,744 65 9/2025 0.0% 1,027 855 259-23-2342 241 11/02/87 25,363 24,024 65 451 20,019 855 1,711 9/01/2025 100% 25,363 65 2/05/05 1,883 100% Quarles, William 1 8/31/53 33,679 29,045 65 9/2018 0.0% 824 686 192-44-1995 242 2/03/95 31,141 28,199 65 319 11,069 1,023 1,709 9/01/2018 100% 31,141 65 2/05/05 1,847 100% Ramey, George W. 1 9/02/49 32,673 29,625 65 10/2014 0.0% 774 644 177-40-8564 243 12/06/91 31,722 28,763 65 423 17,365 965 1,610 10/01/2014 100% 31,722 65 2/05/05 1,740 100% Reedy, James H. 1 11/24/54 19,920 17,634 65 12/2019 0.0% 653 544 260-94-1134 244 5/02/88 18,075 17,121 65 316 16,066 749 1,293 12/01/2019 100% 18,075 65 2/05/05 1,403 100% Reese, Jr. , Randolph 1 1/20/66 38,376 31,609 55 2/2031 0.0% 1,239 1,032 255-37-8019 245 1/16/90 37,259 30,688 62 535 23,239 839 1,871 2/01/2021 100% 32,399 62 2/05/05 2,078 100% Reeves, Jr. , Octavio 1 10/16/44 19,219 65 11/2009 0.0% 271 226 259-66-2635 246 3/25/96 4/01/2006 65 159 3,818 680 906 11/01/2009 0% 65 2/05/05 952 100% Reid, Quinton A. 1 10/27/62 33,536 31,765 56 11/2027 0.0% 873 727 255-29-8753 247 11/01/93 32,559 30,840 62 380 14,937 753 1,480 11/01/2018 100% 32,559 62 2/05/05 1,626 100% Rewi s , Timmy 1 12/08/70 22,411 21,153 65 1/2036 0.0% 1,066 887 258-43-5320 248 4/27/90 21,759 20,537 65 332 13,745 822 1,709 1/01/2036 100% 21,759 65 2/05/05 1,888 100% All benefits shown aboye are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ---= ~ TOWE Rs PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # DATE BORN DATE HIRED RETIREMENT Rhodes, Augustine G. 2 253-06-3085 249 8/25/61 11/30/92 9/01/2026 Rhodes, William 1 4/18/65 255-27-4030 250 2/26/96 5/01/2030 Riley, James H. 1 8/20/41 254-66-5515 251 7/31/90 9/01/2006 Riley, Joseph W. 1 12/25/52 260-84-5807 252 3/24/93 1/01/2018 Riley, Perry 1 10/21/69 428-35-8099 253 6/08/94 11/01/2024 Riyers, Don E. 1 12/08/61 260-19-5052 254 5/22/89 1/01/2017 Roberts, Reginald 1 11/16/59 252-04-7120 255 12/05/88 12/01/2014 Roundtree, Richard 1 1/20/69 257-43-5701 256 3/29/93 2/01/2024 Rouse, Alfred C. 1 2/25/66 247-55-9614 257 4/22/96 3/01/2031 Rouse, George 1 9/04/50 253-84-9057 258 8/29/94 10/0112015 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 FIRST VEST 100% VEST % VEST 100% 3/01/2006 0% 100% 100% 100% 100% 100% 100% 5/01/2006 0% 100% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 30,482 27,659 27,659 18,475 17,937 17,937 21,168 20,552 20,553 22,789 22,126 22,126 29,690 28,825 28,825 35,970 34,923 34,923 44,668 43,367 41,482 40,054 35,352 35,352 20,457 19,862 19,862 19,032 18,478 18,479 HISTORY---- 3 YRS AGO 4 YRS AGO 26,984 26,198 17,500 16,990 20,051 19,467 21,586 20,957 28,122 27,303 34,071 33,079 36,791 30,155 33,534 32,557 19,377 18,813 18,027 17,502 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC COLA% EQUITY DATE 0.0% 12,480 2/05/05 0.0% 5,620 2/05/05 0.0% 12,939 2/05/05 0.0% 9,881 2/05/05 0.0% 11,002 2/05/05 0.0% 25,999 2/05/05 0.0% 26,762 2/05/05 0.0% 15,320 2/05/05 0.0% 7,845 2/05/05 0.0% 6,900 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,071 953 2,025 657 717 1,375 346 709 1,055 587 795 1,383 938 725 1,663 1,033 762 1,795 1,253 873 2,127 1,286 889 2,175 742 764 1,506 417 709 1,127 NRD---- J&S TOTAL % SUR 892 1,846 100% 547 1,265 100% 288 997 100% 489 1,284 100% 781 1,506 100% 860 1,622 100% 1,044 1,917 100% 1,071 1,960 100% 618 1,382 100% 348 1,057 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. -------., ~ TOWE Rs . PERRIN HR SERVICES 65 65 65 9/2026 354 65 5/2030 65 166 65 65 9/2006 65 309 65 65 1/2018 65 272 65 55 11/2034 62 317 62 55 1/2027 62 567 62 55 12/2024 62 661 62 55 2/2034 62 439 62 65 3/2031 65 181 65 65 10/2015 65 200 65 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HI STORY - --- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Rouse, Juliette 2 9/28/70 29,020 23,786 55 10/2035 0.0% 939 782 260-11-4860 259 8/08/94 28,175 23,093 62 289 9,320 719 1,502 10/01/2025 100% 28,175 62 2/05/05 1,659 100% Runyan , Patrick Will 1 6/26/37 31,908 30,077 68 3/2005 0.0% 574 478 430-64-4791 260 8/31/81 30,979 29,201 68 574 31,545 1,013 1,492 3/01/2005 100% 30,979 68 2/05/05 1,588 100% Rzasa, Timothy S. 1 3/19/70 35,933 29,619 55 4/2035 0.0% 1,147 956 93-64-0936 261 7/26/94 31,716 28,757 62 347 12,246 830 1,786 4/01/2025 100% 31,716 62 2/05/05 1,978 100% Scott Jr., Aubrey Eu 1 10/19/40 40,788 38,448 65 11/2005 0.0% 761 634 254-62-0448 262 8/18/82 39,601 37,328 65 734 40,235 1,044 1,678 11/01/2005 100% 39,601 65 2/05/05 1,806 100% Scott, Jr. , Carroll 1 4/23/62 33,204 27,810 55 5/2027 0.0% 864 720 258-13-2908 263 7/20/92 30,129 23,330 62 379 16,693 730 1,451 8/01/2017 100% 30,129 62 2/05/05 1,595 100% Scott, Ronald L. 1 5/13/70 29,704 28,136 55 6/2035 0.0% 894 745 257-51-6217 264 6/10/96 7/01/2006 28,840 27,317 62 257 8,913 730 1,476 6/01/2025 0% 28,840 62 2/05/05 1,625 100% Scott, Willie R. 1 2/14/55 30,775 25,617 65 3/2020 0.0% 1,009 841 254-92-0660 265 8/22/88 26,257 24,871 65 459 24,380 970 1,811 3/01/2020 100% 26,257 65 2/05/05 1,979 100% Seymore, Robert 1 12/12/55 26,502 24,861 65 1/2021 0.0% 839 699 260-04-0703 266 7/17/90 25,731 24,137 65 385 14,856 882 1,581 1/01/2021 100% 25,731 65 2/05/05 1,721 100% Shelton, Sherry E. 2 6/29/52 24,328 23,043 65 7/2017 0.0% 737 613 260-94-0660 267 5/31/88 23,619 22,372 65 408 18,037 826 1,440 7/01/2017 100% 23,619 65 2/05/05 1,563 100% Shepherd, Brian S. 1 9/30/71 38,770 31,297 55 10/2036 0.0% 1,329 1,107 259-53-2139 268 11/01/93 36,891 30,385 62 400 15,191 883 1,990 10/01/2026 100% 32,079 62 2/05/05 2,212 100% All benefi ts shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. -------., ~ TOWERS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Shepherd, Guyton W. 1 11/19/57 29,685 28,118 65 12/2022 0.0% 917 764 255-04-7132 269 3/23/93 28,821 27,299 65 354 13 , 340 941 1,705 12/01/2022 100% 28,821 65 2/05/05 1,858 100% Shepherd, Samuel D. 1 6/16/66 30,087 28,499 55 7/2031 0.0% 880 733 378-88-4592 270 6/01/93 29,211 27,669 62 354 13,252 712 1,446 7/01/2021 100% 29,211 62 2/05/05 1,593 100% Sheppard, James M. 1 3/10/66 20,466 19,386 65 4/2031 0.0% 787 655 258-37-8094 271 4/25/94 19,871 18,821 65 222 7,450 764 1,420 4/01/2031 100% 19,871 65 2/05/05 1,551 100% Shields, Cheryl C. 2 9/14/63 30,351 28,610 65 10/2028 0.0% 1,061 884 252-37-0292 272 2/16/95 29,468 27,776 65 303 10,314 964 1,849 10/01/2028 100% 29,468 65 2/05/05 2,026 100% Simmons, Jr. , Lymons 1 7/06/48 33,558 30,485 65 8/2013 0.0% 868 723 255-72-9319 273 9/26/88 32,581 29,597 65 543 24,759 973 1,696 8/01/2013 100% 32,581 65 2/05/05 1,841 100% Slater, James Kennet 1 3/29/48 38,916 33,990 62 4/2013 0.0% 935 779 250-84-5419 274 3/12/85 35,311 30,034 62 650 32,248 840 1,619 4/01/2010 100% 35,311 62 2/05/05 1,775 100% Smiley, James H. 1 10/04/58 30,747 29,124 58 11/2023 0.0% 800 666 260-11-3153 275 1/13/92 29,852 28,276 62 403 17,383 731 1,397 2/01/2017 100% 29,852 62 2/05/05 1,531 100% Smith, Anthony J. 1 9/02/54 20,173 19,108 65 10/2019 0.0% 542 452 259-88-7654 276 11/19/93 19,586 18,552 65 227 8,172 754 1,206 10/01/2019 100% 19,586 65 2/05/05 1,297 100% Smith, Barry A. 1 12/21/57 21,523 20,387 65 1/2023 0.0% 635 529 260-94-0113 277 8/22/94 20,897 19,794 65 226 8,084 772 1,301 1/01/2023 100% 20,897 65 2/05/05 1,407 100% Smith, Benjamin S. 1 1/29/69 30,899 29,268 55 2/2034 0.0% 1,142 951 260-41-1499 278 7/19/88 29,999 28,415 62 513 25,984 744 1,696 2/01/2024 100% 29,999 62 2/05/05 1,886 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and vears of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 - -- - SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Smith, Gregory K. 1 9/19/60 39,957 35,294 55 10/2025 0.0% 1,127 938 252-04-7417 279 8/02/88 38,794 34,266 62 643 27,938 808 1,747 10/01/2015 100% 38,794 62 2/05/05 1,935 100% Smith, Marena T. 2 8/12/44 20,564 19,479 65 9/2009 0.0% 449 374 259-66-4319 280 8/16/88 19,966 18,912 65 339 16,405 704 1,078 9/01/2009 100% 19,966 65 2/05/05 1,154 100% Smith, Royce P. 2 1/26/54 27,285 24,725 65 2/2019 0.0% 748 623 260-98-5175 281 9/23/92 25,343 24,005 65 327 11,334 901 1,524 2/01/2019 100% 25,343 65 2/05/05 1,649 100% Spencer, Carolyn B. 2 11/25/58 25,852 24,488 65 12/2023 0.0% 933 777 255-15-0666 282 3/13/89 25,100 23,774 65 412 20,829 858 1,636 12/01/2023 100% 25,100 65 2/05/05 1,791 100% Staten, Louise C. 2 3/08/59 32,075 29,045 60 4/2024 0.0% 835 695 424-88-5309 283 5/31/94 31,141 28,199 62 339 12,039 757 1,453 6/01/2019 lOO% 31,141 62 2/05/05 1,593 100% Stearley, John 1 12/18/57 37,156 32,892 65 1/2023 0.0% 1,351 1,125 250-04-7186 284 2/01/88 33,714 31,934 65 602 27,780 1,095 2,221 1/01/2023 100% 33,714 65 2/05/05 2,447 100% Steele, Christopher 1 10/07/71 32,782 23,907 55 11/2036 0.0% 1,078 898 255-06-2709 285 3/27/95 4/01/2005 27,676 25,661 62 281 11,338 786 1,684 11/01/2026 0% 26,358 62 2/05/05 1,864 100% Stensrud, Larry L. 1 8/22/60 20,772 19,676 65 9/2025 0.0% 802 668 253-13-4170 286 8/01/88 20,167 19,102 65 345 15,806 745 1,413 9/01/2025 100% 20,167 65 2/05/05 1,547 100% Steptoe, William H. 1 1/02/66 37,467 32,749 55 2/2031 0.0% 1,232 1,026 252-35-3108 287 6/29/89 36,376 28,905 62 561 21,091 825 1,852 2/01/2021 100% 36,376 62 2/05/05 2,058 100% Strader, Ricky 1 10/17/54 32,665 29,549 65 11/2019 0.0% 986 821 237-94-8422 288 10/16/90 31,715 28,688 65 460 17,630 1,011 1,833 11/01/2019 100% 31,715 65 2/05/05 1,998 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the goyerning legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORYu-- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Streetman, Miriam J. 2 11/13/55 24,222 19,951 65 12/2020 0.0% 826 688 255-86-1086 289 2/04/88 23,517 19,369 65 391 17,641 834 1,523 12/01/2020 100% 23,517 65 2/05/05 1,661 100% Streets, Mike L. 1 8/04/70 35,702 30,577 55 9/2035 0.0% 1,314 1,094 255-49-4478 290 4/09/90 30,142 29,687 62 482 21,870 827 1,921 9/01/2025 100% 30,142 62 2/05/05 2,141 100% Strickland, Steve L. 1 6/30/67 37,178 34,596 55 7/2032 0.0% 1,226 1,021 513-82-3986 291 10/22/90 36,096 33,588 62 530 21,027 828 1,850 7/01/2022 lOO% 36,096 62 2/05/05 2,055 100% Sylyester, Ronald 1 7/24/70 35,764 32,905 55 8/2035 0.0% 1,291 1,075 260-49-9354 292 11/26/90 34,722 29,042 62 496 19,195 828 1,903 8/01/2025 100% 34,722 62 2/05/05 2,119 100% Tapley, Alyin 1 3/02/59 22,411 21,164 65 4/2024 0.0% 807 672 257-13-4863 293 8/29/89 21,759 20,548 65 347 14,070 783 1,455 4/01/2024 100% 21,759 65 2/05/05 1,590 100% Tatman, Annie J. 2 9/13/38 26,348 24,957 66 3/2005 0.0% 356 296 260-62-4463 294 8/26/91 25,581 24,230 66 356 18,499 840 1,137 3/01/2005 100% 25,581 66 2/05/05 1,196 100% Telfair, Gail E. 2 10/08/57 25,110 23,669 65 11/2022 0.0% 736 613 260-04-2263 295 8/29/94 24,379 22,979 65 263 9,026 846 1,460 11/01/2022 100% 24,379 65 2/05/05 1,583 100% Terry , James 1 11/02/48 22,827 21,622 65 12/2013 0.0% 469 391 250-94-1618 296 2/25/94 22,162 20,992 65 251 12,929 770 1,161 12/01/2013 100% 22,162 65 2/05/05 1,240 100% Thompkins, Roberta 2 10/16/53 25,085 23,645 65 11/2018 0.0% 770 642 254-92-2083 297 5/01/89 24,354 22,956 65 397 14,832 848 1,490 11/01/2018 100% 24,354 65 2/05/05 1,619 100% Thompson, William E. 1 6/10/47 47,259 38,288 65 7/2012 0.0% 841 701 249-80-5530 298 1/08/96 2/01/2006 39,245 37,173 65 380 12,146 1,218 1,919 7/01/2012 0% 39,245 65 2/05/05 2,060 100% All benefits shown aboye are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES NAME SEX SOC SEC NO SEO # Tredore, James A. 1 331-54-0288 299 vines, Lawrence E; 1 248-68-6051 300 Walden, Michelle H. 2 256-23-5002 301 Walker, Brent J. 1 260-98-6361 302 Washington, Kevin D. 1 254-47-4824 303 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 2/24/70 9/27/93 3/01/2025 8/21/42 6/26/95 9/01/2007 7/23/66 7/26/90 8/01/2021 1/02/71 9/03/91 2/01/2026 100% 7/01/2005 0% 100% 100% 6/08/70 10/06/92 7/01/2025 100% Washington, Thomas 1 1/09/65 256-25-3311 304 12/05/88 2/01/2020 100% Washington, Vincent 1 8/26/64 241-27-1876 305 1/11/93 9/01/2019 100% Watson, Robert G. 1 9/04/62 259-25-6269 306 8/28/89 10/01/2017 100% Watts, Clifton 1 12/21/45 254-70-5340 307 6/20/94 1/01/2011 100% Watts, Leonard L. 1 8/15/63 151-66-1153 308 6/15/92 9/01/2028 100% -- --SALARY THIS YEAR LAST YEAR 2 YRS AGO 35,622 34,585 34,585 30,515 29,627 29,627 35,416 34,385 34,385 34,838 33,824 30,749 30,596 29,706 29,706 33,210 32,244 32,244 35,251 32,595 32,595 36,488 35,425 35,425 22,411 21,759 21,759 21,577 20,949 20,949 HISTORY---- 3 YRS AGO 4 YRS AGO 32,267 31,327 28,904 28,063 33,067 32,104 29,465 28,607 28,981 28,137 31,457 30,541 30,499 29,610 33,925 32,937 21,153 20,537 20,439 19,843 RET AGE SS AGE TOT AGE 55 62 62 65 65 65 55 62 62 55 62 62 DEFDATE ACC BEN PR SVC 3/2035 400 9/2007 295 8/2031 514 2/2036 440 55 62 62 7/2035 378 COLA% EQUITY DATE 0.0% 14,424 2/05/05 0.0% 10,359 2/05/05 0.0% 19,564 2/05/05 0.0% 16,723 2/05/05 0.0% 16,685 2/05/05 0.0% 25,187 2/05/05 0.0% 15,155 2/05/05 0.0% 23,481 2/05/05 0.0% 8,406 2/05/05 0.0% 10,187 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,165 825 1,991 382 854 1,236 1,143 794 1,937 1,245 819 2,065 1,041 745 1,786 1,075 753 1,828 976 776 1,752 1,067 777 1,845 385 743 1,128 812 777 1,589 NRD---- J&S TOTAL % SUR 971 1,796 100% 318 1,172 100% 952 1,746 100% 1,037 1,857 100% 867 1,612 100% 895 1,649 100% 813 1,589 100% 889 1,667 100% 320 1,064 100% 677 1,454 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES 55 2/2030 62 537 62 55 9/2029 62 404 62 55 10/2027 62 562 62 65 1/2011 65 239 65 65 9/2028 65 273 65 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 NAME SOC SEC NO SEX SEO # DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST Webber, Steyen M. 256-06-4864 1 309 5/27/61 1/04/93 6/01/2026 100% Welcher, Gregory P. 1 7/21/52 254-88-0759 310 3/27/87 4/01/2012 100% White, Donald 1 10/28/58 260-98-5987 311 8/19/88 11/01/2013 100% White, Rosa 2 5/19/47 251-78-8187 312 1/27/86 6/01/2012 100% White, William 1 8/05/47 510-46-6081 313 5/15/90 9/01/2012 100% Wideman, Joseph 1 4/02/66 256-21-6137 314 9/19/94 5/01/2031 100% Williams, Bennie D. 2 3/22/51 254-90-0204 315 7/17j89 4/01/2016 100% Williams, Cynthia 2 2/02/56 465-08-1729 316 11/02/87 3/01/2021 100% Williams, David M. 1 9/17/55 281-54-0241 317 5/26/87 6/01/2012 100% Williams, Linton A. 1 12/30/68 408-39-0588 318 6/10/96 1/01/2024 7/01/2006 0% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 24,327 22,074 22,074 36,252 35,197 35,197 39,985 37,768 32,841 50,138 48,678 48,678 18,750 18,204 18,204 26,358 25,103 20,764 23,301 22,623 22,623 25,919 25,165 25,165 37,074 33,640 34,840 29,278 28,426 28,426 HISTORY---- 3 YRS AGO 4 YRS AGO 21,535 20,908 33,697 32,716 33,240 32,272 41,174 38,510 17,760 17,243 20,258 19,668 22,071 21,428 24,551 23,836 33,990 31,408 27,733 26,925 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC COLA% EQUITY DATE 0.0% 11,875 2/05/05 0.0% 27,614 2/05/05 0.0% 27,118 2/05/05 0.0% 31,322 2/05/05 0.0% 10,829 2/05/05 0.0% 7,468 2/05/05 0.0% 15,726 2/05/05 0.0% 23,421 2/05/05 0.0% 31,315 2/05/05 0.0% 9,418 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 844 824 1,669 944 811 1,755 1,048 808 1,857 1,415 1,272 2,688 434 688 1,122 1,004 894 1,898 647 799 1,446 897 866 1,764 965 811 1,777 838 712 1,551 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ TOWERS PERRIN HR SERVICES 65 65 65 6/2026 279 60 8/2017 62 646 62 55 11/2023 62 605 62 65 6/2012 65 868 65 65 9/2012 65 277 65 65 5/2031 65 243 65 65 4/2016 65 363 65 65 3/2021 65 447 65 57 10/2020 62 632 62 55 1/2034 62 254 62 AT NRD-_n J&S TOTAL % SUR 703 1,528 100% 786 1,598 100% 873 1,682 100% 1,179 2,451 100% 361 1,050 100% 836 1,730 100% 539 1,338 100% 747 1,614 100% 804 1,616 100% 698 1,411 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD-u- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Williams, Paul R. 1 11/19/52 26,334 23,312 65 12/2017 0.0% 694 578 253-92-1265 319 7/27/92 23,895 22,633 65 314 13,185 866 1,445 12/01/2017 100% 23,895 65 2/05/05 1,561 100% Williams, Ray E. 1 9/20/53 27,827 22,300 65 10/2018 0.0% 756 629 255-94-5650 320 8/13/92 27,017 21,651 65 324 13,439 904 1,533 10/01/2018 100% 25,731 65 2/05/05 1,660 100% Wittke, Grace P. 2 12/11/49 36,336 33,460 65 1/2015 0.0% 898 748 260-84-6180 321 3/18/91 35,278 32,486 65 501 19,031 1,036 1,784 1/01/2015 100% 35,278 65 2/05/05 1,934 100% Womack, II, Jack L. 1 10/06/67 41,712 35,390 55 11/2032 0.0% 1,549 1,290 255-37-3229 322 1/12/87 40,497 34,359 62 701 33,567 898 2,189 11/01/2022 100% 35,215 62 2/05/05 2,448 100% Woolsey, Keyin P. 1 12/03/62 30,963 27,409 65 1/2028 0.0% 1,077 897 260-23-8621 323 7/18/94 28,095 26,611 65 311 13,049 970 1,868 1/01/2028 100% 28,095 65 2/05/05 2,048 100% 215 Employees Receiving Benefit Statements All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ - TOWE Rs PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Albright, Michael D. 1 258-06-5580 109 Allen, Glenn A. 1 231-82-5475 110 Allen, John L. 1 247-72-6421 111 Allen, Tameka N. 2 252-23-5263 112 Alley, Edward A. 1 255-41-4381 113 Anderson, Leroy 1 247-90-1517 114 Anderson, Robert E. 1 253-52-6837 115 Anthony, Terry L. 2 365-84-0041 116 Atkins, Michael S. 1 252-17-0986 117 DATE BORN DATE HIRED RETIREMENT 4/02/63 7/08/89 5/01/2018 5/05/54 8/26/96 6/01/2019 12/16/41 9/08/96 1/01/2007 2/19/69 10/28/92 3/01/2034 6/02/71 7/26/95 7/01/2036 3/01/50 4/15/86 3/01/2015 2/17/41 6/23/87 3/01/2006 1/08/61 7/14/94 2/01/2026 10/18/67 4/18/88 11/01/2022 Bagley, Earl Richard 1 9/21/49 39-32-1611 118 11/07/84 l2/01/2009 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 FIRST VEST 100% VEST % VEST 100% 100% 10/01/2006 0% 100% 8/01/2005 0% 100% 100% 100% 100% 100% - -- - SALARY THIS YEAR LAST YEAR 2 YRS AGO 34,451 31,855 31,855 19,936 19,356 19,356 20,557 19,959 19,959 97,526 82,348 82,349 20,671 20,069 20,069 43,440 42,175 42,175 53,179 51,631 51,631 22,411 21,759 21,759 44,676 43,376 37,718 41,001 39,807 39,807 HISTORY---- 3 YRS AGO 4 YRS AGO 29,759 28,892 18,884 18,334 19,472 18,905 80,340 62,006 19,580 19,010 50,127 39,754 40,947 48,667 21,155 20,539 36,798 35,726 38,648 37,522 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 5/2028 509 COLA% EQUITY DATE 0.0% 24,080 2/05/05 0.0% 6,279 2/05/05 0.0% 6,324 2/05/05 0.0% 25,683 2/05/05 0.0% 6,653 2/05/05 0:0% 40,998 2/05/05 0.0% 38,264 2/05/05 0.0% 8,462 2/05/05 0.0% 31,169 2/05/05 0.0% 35,275 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 1,031 756 1,788 529 749 1,279 214 698 913 5,581 1,830 7,411 881 785 1,666 1,269 1,184 2,453 1,017 1,259 2,277 735 784 1,519 1,669 944 2,614 971 854 1,826 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES 65 65 65 6/2019 224 2yr 9mo 65 65 65 1/2007 173 65 65 65 3/2034 1,324 65 65 65 65 65 65 7/2036 198 3/2015 816 65 65 65 65 65 65 3/2006 963 2/2026 237 . 55 62 62 11/2032 695 60 10/2014 62 737 62 AT NRD---- J&S TOTAL % SUR 859 1,616 100% 441 1,190 100% 178 877 100% 4,649 6,479 100% 733 1,519 100% 1,057 2,241 100% 847 2,107 100% 612 1,397 100% 1,390 2,335 100% 809 1,663 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 -- -- SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Barnes, Kenneth C. 1 5/11/67 30,525 28,194 55 6/2032 0.0% 980 816 260-47-1265 119 7/08/91 29,637 28,072 62 413 18,708 726 1,542 6/01/2022 100% 29,637 62 2/05/05 1,706 100% Beard, Lawrence 1 9/13/50 30,753 29,129 64 10/2015 0.0% 800 667 260-76-4395 120 3/07/89 29,858 28,281 64 490 24,604 828 1,496 4/01/2014 100% 29,857 64 2/05/05 1,629 100% Beggs, Kathy M. 2 5121/59 23,335 21,995 65 6/2024 0.0% 708 590 416-90-4570 121 3/27/95 4/01/2005 22,655 21,355 65 231 7,971 802 1,392 6/01/2024 0% 22,655 65 2/05/05 1,511 100% Bishop, Elana Lee 2 11/21/44 24,873 23,446 65 12/2009 0.0% 589 490 254-64-8094 122 11/21/85 24,149 22,763 65 447 24,l5.8 780 1,271 12/01/2009 100% 24,149 65 2/05/05 1,370 100% Blount, David 1 4/15/56 31,155 30,710 64 5/2021 0.0% 811 675 260-94-4917 123 9/26/95 10/01/2005 30,248 29,816 64 298 11,184 924 1,600 10/01/2020 0% 30,248 64 2/05/05 1,736 100% Booker, Larry D. 1 5/01/57 26,502 24,743 65 5/2022 0.0% 759 632 260-94-2412 124 10/10/94 25,731 24,022 65 272 10,600 875 1,507 5/01/2022 100% 25,731 65 2/05/05 1,634 100% Brandon, Robert T. 1 8/20/48 34,987 28,157 65 9/2013 0.0% 780 650 255-78-1296 125 3/30/92 28,861 27,337 65 398 16,827 1,000 1,650 9/01/2013 100% 28,861 65 2/05/05 1,780 100% Brewer, George T. 1 4/26/67 33,308 32,750 55 5/2032 0.0% 1,026 855 267-61-4001 126 9/02/92 32,338 31,796 62 420 17,260 769 1,624 5/01/2022 100% 32,338 62 2/05/05 1,795 100% Brown, Belinda J. 2 3/06/53 29,734 20,908 65 4/2018 0.0% 694 578 253-92-1901 127 10/09/95 11/01/2005 28,869 20,300 65 242 7,664 943 1,521 4/01/2018 0% 25,103 65 2/05/05 1,637 100% Brown, Douglas G. 1 7/29/64 24,774 22,769 55 8/2029 0.0% 808 673 253-31-8826 128 3/08/88 24,053 22,106 62 415 17,224 621 1,294 8/01/2019 100% 24,053 62 2/05/05 1,429 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the goyerning legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Brundidge, Arthur J. 1 424-84-0281 129 Bush, Treon S. 252-15-1932 Butler, Karl 255-98-7946 Cain, Derrick M. 254-57-6089 Campbell, Jr., James 1 250-96-0061 133 Christie, Myles 1 101-60-2518 134 Coates, Gloria C. 2 250-94-0544 135 Cofer, Sandra J. 2 261-21-2560 136 Coffield, Tamika M. 2 106-60-7716 137 Coleman, Norbert D. 1 256-17-5311 138 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT. SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 20,873 20,266 20,266 25,856 25,103 23,724 30,601 29,710 29,710 33,536 32,559 32,559 39,710 36,031 37,231 30,693 29,799 29,799 21,087 20,474 20,474 22,882 22,216 22,216 35,280 34,253 34,253 34,135 30,129 30,129 HISTORY---- 3 YRS AGO 4 YRS AGO 19,771 19,196 23,033 22,362 28,986 28,141 31,765 30,840 36,323 30,269 30,272 28,141 19,974 19,393 21,674 21,043 32,935 28,698 27,806 26,996 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 65 65 65 7/2028 228 COLA% EQUITY DATE 0.0% 4,822 2/05/05 0.0% 13,837 2/05/05 0.0% 11,819 2/05/05 0.0% 19,446 2/05/05 0.0% 25,165 2/05/05 0.0% 17,029 2/05/05 0.0% 7,263 2/05/05 0.0% 9,561 2/05/05 0.0% 11,522 2/05/05 0.0% 23,472 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 744 761 1,506 1,041 873 1,915 796 750 1,547 1,234 798 2,032 1,034 1,058 2,092 855 708 1,564 477 755 1,233 558 797 1,355 1,114 820 1,935 1,389 1,030 2,419 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security prOJections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES 6/26/63 3/07/94 7/01/2028 2. 9/05/64 130 1/22/91 10/01/2029 100% 100% 1 3/10/58 131 2/06/95 3/01/2020 100% 1 11/15/71 132 7/08/91 12/01/2026 100% 9/19/50 1/17/90 2/01/2015 2/07/64 5/11/92 3/01/2019 7/14/51 10/03/94 8/01/2016 3/18/52 10/04/93 4/01/2017 6/06/70 2/03/95 7/01/2025 3/17/61 8/12/87 4/01/2026 100% 100% 100% 100% 100% 100% 65 10/2029 65 352 65 62 4/2023 62 306 62 55 12/2036 62 456 62 64 10/2015 64 564 64 55 62 62 3/2029 395 65 65 65 8/2016 218 65 65 65 55 62 62 65 65 65 4/2017 259 7/2035 344 4/2026 559 1yr 3mo AT NRD---- J&S TOTAL % SUR 620 1,382 100% 867 1,741 100% 663 1,414 100% 1,028 1,826 100% 861 1,919 100% 712 1,421 100% 397 1,153 100% 464 1,262 100% 928 1,748 100% 1,157 2,187 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Collins, Carl B. 1 8/02/60 21,576 20,437 65 9/2025 0.0% 692 577 257-04-7295 139 10/03/94 20,948 19,842 65 223 8,834 761 1,338 9/01/2025 100% 20,948 65 2/05/05 1,454 100% Compton, James R. 1 4/06/65 37,011 34,433 55 5/2030 0.0% 1,182 984 259-31-9914 140 8/28/89 35,933 33,430 62 570 24,008 810 1,795 5/01/2020 100% 35,933 62 2/05/05 1,992 100% Corker, Herbert L. 1 11/08/53 23,701 22,341 65 12/2018 0.0% 777 647 255-94-7679 141 5/18/87 23,011 21,691 65 420 19,344 820 1,468 12/01/2018 100% 23,011 65 2/05/05 1,598 lOO% Crocker, Dale A. 1 11/05/54 32,080 29,050 65 12/2019 0.0% 821 684 257-90-3890 142 4/04/95 5/01/2005 31,146 28,204 65 310 10,977 999 1,683 12/01/2019 0% 31,146 65 2/05/05 1,821 100% Cross, J. M. 1 6/12/50 25,239 23,675 65 7/2015 0.0% 600 500 254-80-7513 143 8/05/92 24,505 22,986 65 314 12,501 830 1,330 7/01/2015 100% 24,505 65 2/05/05 1,430 100% Curry , Janice R. 2 4/20/56 24,774 22,769 61 5/2021 0.0% 645 537 260-13-9356 144 8/18/92 24,053 22,106 62 306 11,668 655 1,192 9/01/2017 100% 24,053 62 2/05/05 1,300 100% Dailey, Henry R. 1 7/07/47 22,520 21,153 65 8/2012 0.0% 596 496 255-74-9580 145 6/26/84 21,865 20,537 65 404 22,135 758 1,255 8/01/2012 100% 21,865 65 2/05/05 1,354 100% Dorsey, Cheryl D. 2 12/20/62 35,273 32,428 56 1/2028 0.0% 918 765 77-58-2094 146 5/31/94 34,246 31,483 62 375 10,816 798 1,563 6/01/2019 100% 34,246 62 2/05/05 1,716 100% Dowdy, John 1 8/28/64 31,051 29,412 55 9/2029 0.0% 946 788 259-35-0169 147 5/28/90 30,148 28,556 62 458 2l,301 714 1,502 9/01/2019 100% 30,148 62 2/05/05 1,660 100% Dresser, Blaise D. 1 10/12/74 35,584 29,755 55 11/2039 0.0% 1,278 1,065 253-59-8290 148 4/04/95 5/01/2005 34,548 28,888 62 334 11,377 848 1,913 11/01/2029 0% 34,548 62 2/05/05 2,126 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARY HISTORY-n- ---BENEFITS AT NRD-- -- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Dugar, Earl 1 6/13/50 29,480 26,482 65 7/2015 0.0% 790 658 578-68-3884 149 9/11/89 28,622 25,711 65 446 17,819 912 1,571 7/01/2015 100% 28,622 65 2/05/05 1,703 100% Dukes, Glenn 1 5/09/61 29,480 28,622 65 6/2026 0.0% 977 814 252-17-5906 150 7/25/94 28,622 26,734 65 313 10,766 932 1,746 6/01/2026 100% 28,622 65 2/05/05 1,910 100% Dunbar, Dorothy L. 2 4/13/69 32,350 30,494 55 5/2034 0.0% 1,092 909 255-43-4894 151 11/11/91 31,408 29,605 62 428 14,666 76~ .1,677 5/01/2024 100% 31,408 62 2/05/05 1,859 100% Durrance, Todd J. 1 7/22/65 33,536 31,765 55 8/2030 0.0% 1,120 933 250-45-8888 152 6/06/88 32,559 30,840 62 559 27,066 758 1,691 8/01/2020 100% 32,559 62 2/05/05 1,879 100% Elam, Gwendolyn 2 8/03/54 25,577 24,227 65 9/2019 0.0% 805 671 260-94-1313 153 5/17/89 24,832 23,521 65 403 18,755 865 1,537 9/01/2019 100% 24,832 65 2/05/05 1,671 100% Elam, Wanda Denise 2 2/22/73 35,063 32,928 55 3/2038 0.0% 1,180 983 252-31-5645 154 10/04/95 11/01/2005 33,212 25,402 62 302 9,659 834 1,818 3/01/2028 0% 28,880 62 2/05/05 2,015 100% Evans, Benny 1 1/31/47 22,937 21,726 65 2/2012 0.0% 457 381 16-36-1541 155 11/30/92 22,269 21,093 65 281 10,711 766 1,147 2/01/2012 100% 22,269 65 2/05/05 1,224 100% Fernandez, Raul E. 1 1/01/53 35,738 30,949 65 1/2018 0.0% 930 775 584-09-8535 156 11/30/92 33,045 30,048 65 415 15,104 1,048 1,823 12/01/2017 100% 33,045 65 2/05/05 1,979 100% Freeman, Jason S. 1 3/31/71 34,160 28,136 55 4/2036 0.0% 1,052 876 435-61-3814 157 8/05/96 9/01/2006 33,166 27,317 62 268 9,406 808 1,685 4/01/2026 0% 28,840 62 2/05/05 l,861 100% Fuller, Ronnye Clyde 1 2/18/44 34,367 30,366 64 3/2009 0.0% 725 604 455-70-1211 158 8/16/82 33,366 29,482 64 603 32,801 829 1,433 9/01/2007 100% 33,366 64 2/05/05 1,554 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ TOWE Rs PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Galvin, Joseph Willi 1 252-31-0429 159 Garner, James 259-56-3670 Gates, Bert 256-49-9929 Goodwin, Nathaniel E 1 259-39-0646 162 Graham, Charlena M. 2 213-78-0973 163 Green, Ricky B. 1 252-13-9588 164 Grice, Gary F. 1 260-31-0250 165 Griffin, Alfred Tyro 1 260-78-0714 166 Griffin, Dayid C. 252-19-7348 Hagin, Freddie D. 253-25-6197 DATE BORN DATE HIRED RETIREMENT 1 160 12/30/68 9/26/88 1/01/2024 3/16/38 1/29/90 3/01/2005 6/08/69 5/17/90 7/01/2024 1/24/67 8/28/89 2/01/2022 4/16/64 7/20/92 5/01/2019 2/06/59 10/07/96 3/01/2024 1/21/64 2/18/88 2/01/2019 7/09/48 7/30/84 8/01/2013 5/26/67 4/06/90 6/01/2022 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 FIRST VEST 100% VEST % VEST 100% 100% 100% 100% 100% 11/01/2006 0% 100% 100% 100% 100% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 33,535 37,443 32,559 26,502 25,731 25,731 34,930 32,298 32,298 33,375 32,403 32,403 31,872 34,382 34,382 18,935 18,384 18,389 36,503 35,441 35,441 35,311 34,283 34,283 36,283 35,227 35,227 27,827 27,017 25,731 HISTORY---- 3 YRS AGO 4 YRS AGO 31,765 30,840 25,103 24,372 30,202 29,323 33,790 32,806 33,864 32,878 17,935 17,413 34,576 33,569 31,687 30,764 33,727 32,745 23,908 23,211 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 1/2034 568 COLA% EQUITY DATE 0.0% 23,259 2/05/05 0.0% 17,339 2/05/05 0.0% 20,221 2/05/05 0.0% 23,157 2/05/05 0.0% 15,693 2/05/05 0.0% 5,223 2/05/05 0.0% 29,450 2/05/05 0.0% 32,460 2/05/05 0.0% 18,918 2/05/05 0.0% 15,418 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,231 779 2,010 400 868 1,269 1,240 808 2,048 1,126 770 1,897 932 726 1,659 539 711 1,250 1,175 794 1,970 971 1,006 1,978 1,212 815 2,027 1,219 921 2,141 NRD---- J&S TOTAL % SUR 1,025 1,805 100% 333 1,202 100% 1,032 1,841 100% 938 1,708 100% 776 1,503 100% 449 1,160 100% 979 1,774 100% 809 1,815 100% 1,010 1,825 100% 1,016 1,937 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for.Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual pay and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. - ~ TOWE Rs PERRIN HR SERVICES 1 161 1 167 1 168 6/16/65 5/04/88 7/01/2030 67 67 67 3/2005 400 55 62 62 7/2034 488 55 62 62 2/2032 532 55 62 62 65 65 65 55 62 62 5/2029 438 3/2024 158 2/2029 621 65 65 65 8/2013 623 55 62 62 65 65 65 6/2032 535 7/2030 445 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 NAME SOC SEC NO SEX SEO # DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST Hamilton, Darryl 1 3/26/67 259-25-7487 169 11/12/90 4/01/2022 100% Hamlin, Ernest F. 1 6/13/51 257-86-9518 170 12/09/91 7/01/2016 100% Hardin, Rachel L. 2 9/29/63 255-33-5286 171 4/04/95 5/01/2020 5/01/2005 0% Harper, Danny M. 1 6/09/60 257-02-0626 172- 11/14/94 7/01/2025 100% Harris, Angele M. 1 11/17/60 258-17-2072 173 1/30/90 12/01/2025 100% Harris, Johnnie Mae 2 6/16/54 254-90-1294 174 4/11/88 5/01/2013 100% Harris, Lenston M. 1 11/24/55 262-29-8162 175 12/28/87 12/01/2010 100% Hazlewood, Thomas W. 1 11/29/55 254-11-4583 176 1/24/90 12/01/2020 100% Hem, Jackie A. 2 252-17-8663 177 12/30/58 5/02/94 1/01/2024 4/02/67 1/17/95 5/01/2032 100% 100% Herring, Dennis E. 1 259-43-7675 178 - -- - SALARY THIS YEAR LAST YEAR 2 YRS AGO 31,252 30,342 32,103 54,510 52,922 46,019 32,075 31,141 31,141 20,560 19,962 19,962 31,924 28,966 28,966 37,365 36,277 36,277 38,307 32,341 32,341 18,292 17,760 17,760 26,371 25,604 25,604 20,815 20,210 20,210 HISTORY---- 3 YRS AGO 4 YRS AGO 33,460 32,486 41,592 40,381 29,045 28,199 19,475 18,907 28,260 27,437 35,392 34,361 32,752 31,798 17,327 16,822 24,979 24,252 19,717 19,143 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 4/2032 473 COLA% EQUITY DATE 0.0% 19,708 2/05/05 0.0% 21,009 2/05/05 0.0% 10,875 2/05/05 0.0% 7,347 2/05/05 0.0% 23,902 2/05/05 0.0% 28,510 2/05/05 0.0% 28,530 2/05/05 0.0% 11,640 2/05/05 0.0% 10,760 2/05/05 0.0% 7,583 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 1,042 737 1,779 1,552 1,414 2,967 835 756 1,591 654 740 1,395 1,191 975 2,167 973 835 1,808 947 786 1,734 587 712 1,300 812 869 1,681 807 775 1, 583 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. --- ~ TOWE Rs PERRIN HR SERVICES 65 65 65 7/2016 671 57 62 62 65 65 65 65 65 65 59 62 62 10/2028 310 7/2025 211 12/2025 457 7/2019 630 55 62 62 12/2020 628 6yr 10mo 65 12/2020 65 276 65 65 65 65 1/2024 284 65 65 65 5/2032 210 AT NRD---- J&S TOTAL % SUR 868 1,605 100% 1,292 2,707 100% 695 1,452 100% 545 1,286 100% 992 1,968 100% 810 1,646 100% 789 1,575 100% 489 1,202 100% 676 1,546 100% 672 1,448 100% NAME SOC SEC NO SEX SEO # Hicks, Noah M. 237-60-2206 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 1 179 1/06/40 11/04/91 3/01/2005 100% Hitchcock, III, Haro 1 9/25/68 255-37-9345 180 5/31/94 10/01/2023 Hodson, Larry L. 1 247-39-5199 181 Holley, Julius C. 1 259-70-1311 182 Holliday, Robert A. 1 259-47-9331 183 Hollis, Christopher 1 257-06-2849 184 100% 1/12/63 3/28/89 2/01/2018 4/29/46 1/23/89 5/01/2011 100% 100% 1/07/73 6/10/96 2/01/2028 8/24/65 2/26/90 9/01/2030 7/01/2006 0% 100% Hoskins, Jeannette L 2 9/29/61 153-52-9014 185 4/24/89 10/01/2026 Howell, Jerry W. 441-80-9295 Hudson, Barbara E. 259-70-0880 Hughes, Dwain E. 255-04-5256 100% 1 186 7/25/67 3/09/87 8/01/2022 10/03/45 8/26/91 11/01/2010 100% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 79,298 76,989 76,989 35,258 32,601 32,601 33,536 32,559 32,559 22,790 22,127 22,127 34,324 33,324 28,978 23,467 22,784 22,784 19,985 19,404 19,404 32,308 31,367 31,367 25,759 25,010 25,010 31,351 30,439 30,439 HISTORY---- 3 YRS AGO 4 YRS AGO 75,112 72,924 30,505 29,617 31,765 30,840 21,587 20,959 28,271 27,448 22,229 21,581 18,930 18,379 29,271 28,419 24,400 23,689 29,552 28,691 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 65 65 65 3/2005 1,319 COLA% EQUITY DATE 0.0% 38,023 2/05/05 0.0% 12,823 2/05/05 0.0% 25,260 2/05/05 0.0% 15,285 2/05/05 0.0% 9,497 2/05/05 0.0% 13,644 2/05/05 0.0% 13,250 2/05/05 0.0% 28,533 2/05/05 0.0% 13,846 2/05/05 0.0% 29,555 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 1,319 1,599 2,919 1,077 806 1,883 1,007 743 1,750 528 756 1,285 1,129 822 1,951 990 826 1,816 778 733 1,512 1,189 753 1,942 514 803 1,318 895 689 1,585 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES 100% 2 187 1 l88 7/30/59 2/25/87 8/01/2014 100% 55 10/2033 62 359 62 55 62 62 65 65 65 55 62 62 2/2028 534 5/2011 367 2/2038 275 65 65 65 9/2030 352 65 10/2026 65 317 65 55 62 62 8/2032 570 65 65 65 11/2010 348 55 62 62 8/2024 564 4yr 7mo AT NRD---- J&S TOTAL % SUR 1,099 2,698 100% 897 1, 703 100% 838 1,582 100% 439 1,196 100% 940 1,762 100% 824 1,651 100% 648 1,382 100% 990 1,744 100% 428 1,232 100% 745 1,435 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 -- -- SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Hughes, Eddie 1 8/09/52 23,354 22,122 65 9/2017 0.0% 662 552 271-54-8642 189 5/07/90 22,675 21,477 65 345 13,913 806 1,358 9/01/2017 100% 22,675 65 2/05/05 1,469 100% Jackson, Kenneth D. 1 2/28/70 33,536 31,765 55 3/2035 0.0% 1,100 916 257-27-3769 190 8/23/93 32,559 30,840 62 386 15,054 792 1,708 3/01/2025 100% 32,559 62 2/05/05 1,892 100% James, Kellie R. 2 3/19/69 27,291 25,850 65 4/2034 0.0% 1,215 1,012 253-49-1871 191 7/01/91 26,497 25,098 65 373 14,090 928 1,940 4/01/2034 100% 26,497 65 2/05/05 2,143 100% Jenkins, Valerie R. 2 2/07/58 33,542 23,062 65 3/2023 0.0% 992 827 260-04-0161 192 9/19/94 27,184 22,390 65 291 9,062 1,017 1,844 3/01/2023 100% 27,924 65 2/05/05 2,010 100% Johnson, Jacques A. 1 9/08/53 31,126 29,483 60 10/2018 0.0% 810 675 247-98-0401 193 4/18/88 30,220 28,624 62 524 27,362 742 1,417 5/01/2013 100% 30,220 62 2/05/05 1,553 100% Johnson, Jr. , Richar 1 9/09/71 35,788 35,099 55 10/2036 0.0% 1,227 1,022 258-65-2632 194 11/01/93 34,746 34,076 62 411 15,731 835 1,857 10/01/2026 100% 34,746 62 2/05/05 2,062 100% Johnson, Sean M. 1 1/29/69 39,248 36,352 55 2/2034 0.0% 1,434 1,194 247-11-5820 195 12/05/88 37,261 35,293 62 624 28,005 876 2,071 2/01/2024 100% 37,261 62 2/05/05 2,310 100% Johnson, Wendall 1 1/05/66 34,508 31,408 55 2/2031 0.0% 1,210 1,008 257-33-8687 196 6/01/87 33,504 30,493 62 604 28,385 780 1,788 2/01/2021 100% 33,504 62 2/05/05 1,990 100% Jones, Antonio E. 1 2/07/66 31,051 29,412 55 3/2031 0.0% 973 810 253-35-8729 197 1/07/91 30,148 28,556 62 438 19,952 727 1,538 3/01/2021 100% 30,148 62 2/05/05 1,700 100% Jones, Cornelius L. 1 4/06/71 31,051 29,412 55 5/2036 0.0% 1,083 902 256-53-3604 198 10/06/92 30,148 28,556 62 383 16,423 758 1,660 5/01/2026 100% 30,148 62 2/05/05 1,841 100% All benefi ts shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only u~on the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 - - -- SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THI S YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Jones, Jr. , Jasper W 1 1/03/70 39,344 31,760 55 2/2035 0.0% 1,431 1,192 259-43-0236 199 2/19/90 37,437 30,835 62 537 23,077 885 2,077 2/01/2025 100% 32,554 62 2/05/05 2,316 100% Jones, Ricky A. 1 3/22/63 26,326 23,305 65 4/2028 0.0% 978 814 260-27-6227 200 7/20/92 23,888 22,627 65 314 12,826 878 1,693 4/01/2028 100% 23,888 65 2/05/05 1,856 100% Jones, Thelodis T. 1 9/10/70 29,847 28,271 55 10/2035 0.0% 922 768 253-51-0429 201 1/05/96 2/01/2006 28,978 27,448 62 271 10,362 733 1,501 10/01/2025 0% 28,978 62 2/05/05 1,655 100% Jordan, Malton 1 2/12/58 26,283 24,896 65 3/2023 0.0% 894 744 253-06-3582 202 6/12/90 25,518 24,171 65 386 28,813 867 1,612 3/01/2023 100% 25,518 65 2/05/05 1,761 100% Jordan, Quincy 1 12/12/69 31,032 28,642 65 1/2035 0.0% 1,301 1,083 256-21-4834 203 9/19/94 30,129 27,808 65 320 9,781 1,012 2,095 1/01/2035 100% 30,129 65 2/05/05 2,313 100% Kea, Randall K. 1 9/04/61 34,494 28,413 59 10/2026 0.0% 898 748 257-25-9322 204 11/21/95 12/01/2005 29,123 27,585 62 286 10,425 794 1,542 12/01/2020 0% 29,123 62 2/05/05 1,692 100% King, Martha R. 2 7/25/50 34,100 32,300 65 8/2015 0.0% 740 616 257-86-5081 205 9/26/94 33,107 31,359 65 355 11,861 1,002 1,618 8/01/2015 100% 33,107 65 2/05/05 1,742 100% Kirk, Edward L. 1 6/18/52 31,547 29,345 65 7/2017 0.0% 750 625 255-82-8998 206 8/08/94 30,629 28,490 65 329 11,416 970 1,595 7/01/2017 100% 30,629 65 2/05/05 1,721 100% Kirkland, Billie 1 4/15/53 25,778 24,299 65 5/2018 0.0% 740 616 252-80-6258 207 9/10/90 25,028 23,591 65 371 15,753 862 1,479 5/01/2018 100% 25,028 65 2/05/05 l,603 100% Labord, Jeffrey L. 1 2/18/67 21,149 20,033 65 3/2032 0.0% 965 804 254-21-5221 208 4/07/88 20,533 19,449 65 356 16,421 783 1,587 3/01/2032 100% 20,533 65 2/05/05 1,748 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past. earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ TOWERS PERRIN HR SERVICES NAME SOC SEC NO Lapan, Melvin E. 589-18-3137 Lark, Ann 247-76-7162 Larke, Gregory K. 248-35-7360 Leaphart, Eugene 248-88-6969 Lee, Julia 94-60-3060 Liyely, Keith B. 256-43-4692 Lord, James D. 254-31-8187 Major, Jr., John 256-21-2611 SEX SEO # Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 1 209 7/27/65 7/11/88 8/01/2020 5/24/43 1/25/82 6/01/2008 8/16/61 7/11/88 9/01/2016 8/20/49 2/01/88 9/01/2014 100% 100% 2 210 100% 1 211 100% 1 212 2 213 8/05/61 5/29/90 9/01/2026 6/25/67 5/23/89 7/01/2022 12/11/64 9/05/89 1/01/2020 6/30/61 9/20/88 7/01/2026 100% 100% 1 214 100% 1 215 100% 1 216 Manning, Richard I. 1 8/08/40 248-66-4870 217 8/29/94 9/01/2005 100% Masters, Charles L. 1 10/22/69 252-33-7616 218 12/05/90 11/01/2024 100% -- - - SALARY THIS YEAR LAST YEAR 2 YRS AGO 51,217 49,726 43,240 34,101 33,109 33,109 30,525 29,637 29,637 23,232 19,613 19,613 24,251 23,545 23,545 38,685 37,558 32,659 35,535 34,500 30,000 27,547 26,745 26,745 31,032 30,129 30,129 33,701 32,720 32,720 HISTORY--u 3 YRS AGO 4 YRS AGO 42,185 40,957 32,144 31,208 28,914 28,072 19,135 18,578 22,971 22,302 33,063 32,100 29,269 28,416 26,093 25,333 27,883 27,071 31,922 30,992 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 8/2030 800 COLA% EQUITY DATE 0.0% 32,373 2/05/05 0.0% 32,151 2/05/05 0.0% 25,742 2/05/05 0.0% 17,003 2/05/05 0.0% 14,747 2/05/05 0.0% 24,997 2/05/05 0.0% 23,151 2/05/05 0.0% 17,135 2/05/05 0.0% 11,428 2/05/05 0.0% 21,038 2/05/05 - -- BENEFITS PROJECTED SOC SEC TOTAL 1,851 1,023 2,875 746 934 1,680 892 685 1,578 665 784 1,450 915 823 1,738 1,333 852 2,185 1,119 780 1,900 1,083 892 1,975 335 878 1,213 1,187 788 1,976 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown.above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES 65 65 65 6/2008 613 55 62 62 65 65 65 9/2026 507 9/2014 375 2yr 65 65 65 9/2026 358 55 62 62 7/2032 571 55 62 62 65 65 65 1/2030 506 7/2026 453 65 9/2005 65 319 65 55 11/2034 62 478 62 AT NRD---- J&S TOTAL % SUR 1,542 2,566 100% 621 1,555 100% 743 1,428 100% 554 1,339 100% 762 1,585 100% 1,110 1,962 100% 932 1,713 100% 902 1,794 100% 279 1,157 100% 989 1,777 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORYu-- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Mathis, Maurice E. 1 3/19/49 18,933 17,933 65 4/2014 0.0% 368 306 386-54-3183 219 7/28/95 8/01/2005 18,382 17,411 65 181 6,130 702 1,009 4/01/2014 0% 18,382 65 2/05/05 1,070 100% May, James L. 1 4/28/76 34,442 29,569 55 5/2041 0.0% 1,249 1,040 259-35-3489 220 6/10/96 7/01/2006 29,078 28,708 62 272 9,950 838 1,879 5/01/2031 0% 29,078 62 2/05/05 2,087 100% McBeth, Charles 1 2/19/55 30,983 28,797 64 3/2020 0.0% 806 672 248-13-0622 221 6/09/94 30,081 27,958 64 328 11,597 918 1,591 7/01/2019 100% 30,081 64 2/05/05 1,725 100% McCraw, Otis C. 1 7/03/55 31,252 32,729 64 8/2020 0.0% 835 695 237-94-3374 222 5/31/94 30,342 31,775 64 359 12,704 889 1,584 6/01/2019 100% 34,228 64 2/05/05 1,724 100% Miller, Kathy E. 2 11/05/56 18,253 17,240 65 12/2021 0.0% 540 450 255-04-6027 223 6/22/93 17,722 16,738 65 213 5,578 708 1,158 12/01/2021 100% 17,722 65 2/05/05 1,248 100% Moore, Scott 1 8/28/71 33,902 32,112 55 9/2036 0.0% 1,283 1,068 24-50-2432 224 4/09/90 32,915 31,177 62 503 22,755 804 1,873 9/01/2026 100% 32,915 62 2/05/05 2,087 100% Mueller, Archie Loui 1 9/18/41 18,473 17, 413 65 10/2006 0.0% 368 306 516-58-6856 225 9/11/78 17,935 16,906 65 332 17,706 662 969 10/01/2006 100% 17,935 65 2/05/05 1,030 100% Murphy, Betty W. 2 3/31/38 31,298 29,502 67 3/2005 0.0% 563 469 253-52-9755 226 10/31/77 30,387 28,643 67 563 28,842 958 1,427 3/01/2005 100% 30,387 67 2/05/05 1,521 100% Murphy, Jerry W. 1 11/05/57 21,212 20,092 65 12/2022 0.0% 583 486 253-11-8470 227 6/10/96 7/01/2006 20,595 19,507 65 184 6,035 766 1,252 12/01/2022 0% 20,595 65 2/05/05 1,349 100% Myers, Vernon J. 1 9/22/63 30,900 29,269 55 10/2028 0.0% 890 741 253-25-6812 228 1/07/91 30,000 28,416 62 435 20,336 705 1,446 10/01/2018 100% 30,000 62 2/05/05 1,595 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Neal, Donald M. 1 7/16/47 27,691 26,229 65 8/2012 0.0% 651 542 247-82-9995 229 12/04/89 26,885 24,057 65 416 20,297 854 1,397 8/01/2012 100% 26,885 65 2/05/05 1,506 100% Neal, Edward L. 1 6/26/59 33,535 31,765 55 7/2024 0.0% 887 739 252-04-5751 230 1/16/89 37,443 30,840 62 556 25,795 720 1,459 7/01/2014 100% 32,559 62 2/05/05 1,607 100% Noikoy, Michael G. 1 1/29/59 27,006 22,887 65 2/2024 0.0% 839 699 257-19-9063 231 3/15/94 24,505 22,220 65 275 11,442 878 1,577 2/01/2024 100% 24,505 65 2/05/05 1,717 100% O'Bryant, Quincy L. 1 4/01/67 33,371 31,609 55 4/2032 0.0% 1,022 851 257-13-7881 232 10/06/92 32,399 30,688 62 412 17,182 770 1,621 4/01/2022 100% 32,399 62 2/05/05 1,792 100% Oatman Jr, Fred 1 10/18/65 19,936 18,884 65 1112030 0.0% 718 598 254-33-9457 233 3/25/96 4/01/2006 19,356 18,334 65 178 6,051 749 1,347 11/01/2030 0% 19,356 65 2/05/05 1,467 100% Odell, James M. 1 9/07/51 22,825 21,621 65 10/2016 0.0% 574 478 240-84-6323 234 7/22/92 22,161 20,991 65 287 12,116 789 1,268 10/01/2016 100% 22,161 65 2/05/05 1,364 100% Oyerstreet, Tracy Ma 1 10/15/56 28,761 22,148 65 11/2021 0.0% 1,038 865 256-98-1622 235 2/14/87 27,924 21,503 65 465 22,220 925 1,790 11/01/2021 100% 23,907 65 2/05/05 1,964 100% Owen, Timothy L. 1 12/24/68 35,834 31, 973 55 1/2034 0.0% 1,110 924 254-47-8085 236 3/29/94 .34,791 31,042 62 383 13,390 815 1,740 1/01/2024 100% 34,791 62 2/05/05 1,925 100% Parks, Dayid E. 1 4/08/70 30,975 29,230 55 5/2035 0.0% 1,072 893 360-70-7237 237 1/27/92 30,073 28,485 62 405 17,931 751 1,644 5/01/2025 100% 30,073 62 2/05/05 1,824 100% Patterson, Bryan A. 1 11/30/65 34,636 29,825 55 12/2030 0.0% 1,136 946 258-33-4795 238 5/22/89 33,628 28,957 62 527 23,927 774 1,721 12/01/2020 100% 33,628 62 2/05/05 1,911 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEe TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR pencille, John M. 1 11/11/64 31,511 28,498 55 12/2029 0.0% 886 738 121-54-3324 239 11/16/92 30,594 27,668 62 387 14,841 721 1,459 12/01/2019 100% 33,653 62 2/05/05 1,607 100% Perdue, Gregory D. 1 1/09/58 31,847 29,636 59 2/2023 0.0% 829 690 257-02-4682 240 5/18/92 30,920 28,773 62 404 14,624 747 1,438 6/01/2017 100% 30,920 62 2/05/05 1,577 100% Pullen, Mary L. 2 8/07/60 26,123 24,744 65 9/2025 0.0% 1,027 855 259-23-2342 241 11/02/87 25,363 24,024 65 451 20,019 855 1,711 9/01/2025 100% 25,363 65 2/05/05 1,883 100% Quarles, William 1 8/31/53 33,679 29,045 65 9/2018 0.0% 824 686 192-44-1995 242 2/03/95 31,141 28,199 65 319 11,069 1,023 1,709 9/01/2018 100% 31,141 65 2/05/05 1,847 100% Ramey, George W. 1 9/02/49 32,673 29,625 65 10/2014 0.0% 774 644 177-40-8564 243 12/06/91 31,722 28,763 65 423 17,365 965 1,610 10/01/2014 100% 31,722 65 2/05/05 1,740 100% Reedy, James H. 1 11/24/54 19,920 17,634 65 12/2019 0.0% 653 544 260-94-1134 244 5/02/88 18,075 17,121 65 316 16,066 749 1,293 12/01/2019 100% 18,075 65 2/05/05 1,403 100% Reese, Jr. , Randolph 1 1/20/66 38,376 31,609 55 2/2031 0.0% 1,239 1,032 255-37-8019 245 1/16/90 37,259 30,688 62 535 23,239 839 1,871 2/01/2021 100% 32,399 62 2/05/05 2,078 100% Reeves, Jr. , Octavio 1 10/16/44 19,219 65 11/2009 0.0% 271 226 259-66-2635 246 3/25/96 4/01/2006 65 159 3,818 680 906 11/01/2009 0% 65 2/05/05 952 100% Reid, Quinton A. 1 10/27/62 33,536 31,765 56 11/2027 0.0% 873 727 255-29-8753 247 11/01/93 32,559 30,840 62 380 14,937 753 1,480 11/01/2018 100% 32,559 62 2/05/05 1,626 100% Rewis, Timmy 1 12/08170 22,411 21,153 65 1/2036 0.0% 1,066 887 258-43-5320 248 4/27/90 21,759 20,537 65 332 13,745 822 1,709 1/01/2036 100% 21,759 65 2/05/05 1,888 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Rhodes, Augustine G. 2 8/25/6l 30,482 26,984 65 9/2026 0.0% 1,071 892 253-06-3085 249 11/30/92 27,659 26,198 65 354 12,480 953 1,846 9/01/2026 100% 27,659 65 2/05/05 2,025 100% Rhodes, William 1 4/18/65 18,475 17,500 65 5/2030 0.0% 657 547 255-27-4030 250 2/26/96 3/01/2006 17,937 16,990 65 166 5,620 717 1,265 5/01/2030 0% 17,937 65 2/05/05 1,375 100% Riley, James H. 1 8/20/41 21,168 20,051 65 9/2006 0.0% 346 288 254-66-5515 251 7/31/90 20,552 19,467 65 309 12,939 709 997 9/01/2006 100% 20,553 65 2/05/05 1,055 100% Riley, Joseph W. 1 12/25/52 22,789 21,586 65 1/2018 0.0% 587 489 260-84-5807 252 3/24/93 22,126 20,957 65 272 9,881 795 1,284 1/01/2018 100% 22,126 65 2/05/05 1,383 100% Riley, Perry 1 10/21/69 29,690 28,122 55 11/2034 0.0% 938 781 428-35-8099 253 6/08/94 28,825 27,303 62 317 11,002 725 1,506 11/01/2024 100% 28,825 62 2/05/05 1,663 100% Rivers, Don E. 1 12/08/61 35,970 34,071 55 1/2027 0.0% 1,033 860 260-19-5052 254 5/22/89 34,923 33,079 62 567 25,999 762 1,622 1/01/2017 100% 34,923 62 2/05/05 1,795 100% Roberts, Reginald 1 11/16/59 44,668 36,791 55 12/2024 0.0% 1,253 1,044 252-04-7120 255 12/05/88 43,367 30,155 62 66l 26,762 873 1,917 12/01/2014 100% 41,482 62 2/05/05 2,127 100% Roundtree, Richard 1 1/20/69 40,054 33,534 55 2/2034 0.0% 1,286 1,071 257-43-5701 256 3/29/93 35,352 32,557 62 439 15,320 889 1,960 2/01/2024 100% 35,352 62 2/05/05 2,175 100% Rouse, Alfred C. 1 2/25/66 20,457 19,377 65 3/2031 0.0% 742 618 247-55-9614 257 4/22/96 5/01/2006 19,862 18,813 65 181 7,845 764 1,382 3/0l/2031 0% 19,862 65 2/05/05 1,506 100% Rous e, George 1 9/04/50 19,032 18,027 65 10/2015 0.0% 417 348 253-84-9057 258 8/29/94 18,478 17,502 65 200 6,900 709 1,057 10/01/2015 100% 18,479 65 2/05/05 1,127 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ TOWERS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 - - -- SALARY HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO .SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Rouse, Juliette 2 9/28/70 29,020 23,786 55 10/2035 0.0% 939 782 260-11-4860 259 8/08/94 28,175 23,093 62 289 9,320 719 1,502 10/01/2025 100% 28,175 62 2/05/05 1,659 100% Runyan, Patrick Will 1 6/26/37 31,908 30,077 68 3/2005 0.0% 574 478 430-64-4791 260 8/31/81 30,979 29,201 68 574 31,545 1,013 1,492 3/01/2005 100% 30,979 68 2/05/05 1,588 100% Rzasa, Timothy S. 1 3/19/70 35,933 29,619 55 4/2035 0.0% 1,147 956 93-64-0936 261 7/26/94 31,716 28,757 62 347 12,246 830 1,786 4/01/2025 100% 31,716 62 2/05/05 1,978 100% Scott Jr., Aubrey Eu 1 10/19/40 40,788 38,448 65 11/2005 0.0% 761 634 254-62-0448 262 8/18/82 39,601 37,328 65 734 40,235 1,044 1,678 11/01/2005 100% 39,601 65 2/05/05 1,806 100% Scott, Jr. , Carroll 1 4/23/62 33,204 27,810 55 5/2027 0.0% 864 720 258-13-2908 263 7/20/92 30,129 23,330 62 379 16,693 730 1,451 8/01/2017 100% 30,129 62 2/05/05 1,595 100% Scott, Ronald L. 1 5/13/70 29,704 28,136 55 6/2035 0.0% 894 745 257-51-6217 264 6/10/96 7/01/2006 28,840 27,317 62 257 8,913 730 1,476 6/01/2025 0% 28,840 62 2/05/05 1,625 100% Scott, Willie R. 1 2/14/55 30,775 25,617 65 3/2020 0.0% 1,009 841 254-92-0660 265 8/22/88 26,257 24,871 65 459 24,380 970 1,811 3/01/2020 100% 26,257 65 2/05/05 1,979 100% Seymore, Robert 1 12/12/55 26,502 24,861 65 1/2021 0.0% 839 699 260-04-0703 266 7/17/90 25,731 24,137 65 385 14,856 882 1,581 1/01/2021 100% 25,731 65 2/05/05 1,721 lOO% Shelton, Sherry E. 2 6/29/52 24,328 23,043 65 7/2017 0.0% 737 613 260-94-0660 267 5/31/88 23,619 22,372 65 408 18,037 826 1,440 7/01/2017 100% 23,619 65 2/05/05 1,563 100% Shepherd, Brian S. 1 9/30/71 38,770 31,297 55 10/2036 0.0% 1,329 1,107 259-53-2139 268 11/01/93 36,891 30,385 62 400 15,191 883 1,990 10/01/2026 100% 32,079 62 2/05/05 2,212 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. --- ~ TOWERS PERRIN HR SERVICES Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Shepherd, Guyton W. 1 11/19/57 29,685 28,118 65 12/2022 0.0% 917 . 764 255-04-7132 269 3/23/93 28,821 27,299 65 354 13,340 941 1,705 12/01/2022 100% 28,821 65 2/05/05 1,858 100% Shepherd, Samuel D. 1 6/16/66 30,087 28,499 55 7/2031 0.0% 880 733 378-88-4592 270 6/01/93 29,211 27,669 62 354 13,252 712 1,446 7/01/2021 100% 29,211 62 2/05/05 1,593 100% Sheppard, James M. 1 3/10/66 20,466 19,386 65 4/2031 0.0% 787 655 258-37-8094 271 4/25/94 19,871 18,821 65 222 7,450 764 1,420 4/01/2031 100% 19,871 65 2/05/05 1,551 100% Shields, Cheryl C. 2 9/14/63 30,351 28,610 65 10/2028 0.0% 1,061 884 252-37-0292 272 2/16/95 29,468 27,776 65 303 10,314 964 1,849 10/01/2028 100% 29,468 65 2/05/05 2,026 100% Simmons, Jr. , Lymons 1 7/06/48 33,558 30,485 65 8/2013 0.0% 868 723 255-72-9319 273 9/26/88 32,581 29,597 65 543 24,759 973 1,696 8/01/2013 100% 32,581 65 2/05/05 1,841 100% Slater, James Kennet 1 3/29/48 38,916 33,990 62 4/2013 0.0% 935 779 250-84-5419 274 3/12/85 35,311 30,034 62 650 32,248 840 1,619 4/01/2010 100% 35,311 62 2/05/05 1,775 100% Smiley, James H. 1 10/04/58 30,747 29,124 58 11/2023 0.0% 800 666 260-11-3153 275 1/13/92 29,852 28,276 62 403 17,383 731 1,397 2/01/2017 100% 29,852 62 2/05/05 1,531 100% Smith, Anthony J. 1 9/02/54 20,173 19,108 65 10/2019 0.0% 542 452 259-88-7654 276 11/19/93 19,586 18,552 65 227 8,172 754 1,206 10/0l/2019 100% 19,586 65 2/05/05 1,297 100% Smith, Barry A. 1 12/21/57 21,523 20,387 65 1/2023 0.0% 635 529 260-94-0113 277 8/22/94 20,897 19,794 65 226 8,084 772 1,301 1/01/2023 100% 20,897 65 2/05/05 1,407 100% Smith, Benjamin S. 1 1/29/69 30,899 29,268 55 2/2034 0.0% 1,142 951 260-41-1499 278 7/19/88 29,999 28,415 62 513 25,984 744 1,696 2/01/2024 100% 29,999 62 2/05/05 1,886 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS . In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain. the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ----== ~ TOWERS PERRIN HR SERVICES NAME SOC SEC NO SEX SEO # Smith, Gregory K. 1 252-04-7417 279 Smith, Marena T. 2 259-66-4319 280 Smith, Royce P. 2 260-98-5175 281 Spencer, Carolyn B. 2 255-15-0666 282 Staten, Louise C. 2 424-88-5309 283 'Stearley, John 1 250~04-7186 284 Steele, Christopher 1 255-06-2709 285 Stensrud, Larry L. 1 253-13-4170 286 Steptoe, William H. 1 252-35-3108 287 Strader, Ricky 1 237-94-8422 288 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 39,957 38,794 38,794 20,564 19,966 19,966 27,285 25,343 25,343 25,852 25,100 25,100 32,075 31,141 31,141 37,156 33,714 33,714 32,782 27,676 26,358 20,772 20,167 20,167 37,467 36,376 36,376 32,665 31,715 31,715 HISTORY---- 3 YRS AGO 4 YRS AGO 35,294 34,266 19,479 18,912 24,725 24,005 24,488 23,774 29,045 28,199 32,892 31,934 23,907 25,661 19,676 19,102 32,749 28,905 29,549 28,688 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC 55 62 62 10/2025 643 COLA% EQUITY DATE 0.0% 27,938 2/05/05 0.0% 16,405 2/05/05 0.0% 11,334 2/05/05 0.0% 20,829 2/05/05 0.0% 12,039 2/05/05 0.0% 27,780 2/05/05 0.0% 11,338 2/05/05 0.0% 15,806 2/05/05 0.0% 21,091 2/05/05 0.0% 17,630 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 1,127 808 1,935 449 704 1,154 748 901 1,649 933 858 1,791 835 757 1,593 1,351 1,095 2,447 1,078 786 1,864 802 745 1,547 1,232 825 2,058 986 1,011 1,998 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES 9/19/60 8/02/88 10/01/2015 8/12/44 8/16/88 9/01/2009 1/26/54 9/23/92 2/01/2019 11/25/58 3/13/89 12/01/2023 3/08/59 5/31/94 6/01/2019 12/18/57 2/01/88 1/01/2023 10/07/71 3/27/95 11/01/2026 100% 100% 100% 100% 100% 100% 4/01/2005 0% 8/22/60 8/01/88 9/01/2025 1/02/66 6/29/89 2/01/2021 10/17/54 10/16/90 11/01/2019 100.% 100% 100% 65 65 65 9/2009 339 65 65 65 65 65 65 60 62 62 65 65 65 2/2019 327 12/2023 412 4/2024 339 1/2023 602 55 62 62 11/2036 281 65 65 65 55 62 62 9/2025 345 2/2031 561 65 65 65 11/2019 460 AT NRDu-- J&S TOTAL % SUR 938 1,747 100% 374 1,078 100% 623 1,524 100% 777 1,636 100% 695 1,453 100% 1,125 2,221 100% 898 1,684 100% 668 1,413 100% 1,026 1,852 100% 821 1,833 100% Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 NAME SOC SEC NO SEX SEO # DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST Streetman, Miriam J. 2 11/13/55 255-86-1086 289 2/04/88 12/01/2020 100% Streets, Mike L. 255-49-4478 1 290 8/04/70 4/09/90 9/01/2025 6/30/67 10/22/90 7/01/2022 100% 100% Strickland, Steve L. 1 513-82-3986 291 Sylvester, Ronald 1 7/24/70 260-49-9354 292 11/26/90 8/01/2025 100% Tapley, Alyin 1 3/02/59 257-13-4863 293 8/29/89 4/01/2024 100% Tatman, Annie J. 2 9/13/38 260-62-4463 294 8/26/91 3/01/2005 100% Telfair, Gail E. 2 10/08/57 260-04-2263 295 8/29/94 11/01/2022 100% Terry, James 1 11/02/48 250-94-1618 296 2/25/94 12/01/2013 100% Thompkins, Roberta 2 10/16/53 254-92-2083 297 5/01/89 11/01/2018 100% Thompson, William E. 1 249-80-5530 298 6/10/47 1/08/96 7/01/2012 2/01/2006 0% -- -- SALARY THIS YEAR LAST YEAR 2 YRS AGO 24,222 23,517 23,517 35,702 30,142 30,142 37,178 36,096 36,096 35,764 34,722 34,722 22,411 21,759 21,759 26,348 25,581 25,581 25,110 24,379 24,379 22,827 22,162 22,162 25,085 24,354 24,354 47,259 39,245 39,245 HISTORY---- 3 YRS AGO 4 YRS AGO 19,951 19,369 30,577 29,687 34,596 33,588 32,905 29,042 21,164 20,548 24,957 24,230 23,669 22,979 21,622 20,992 23,645 22,956 38,288 37,173 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC COLA% EQUITY DATE 0.0% 17,641 2/05/05 0.0% 21,870 2/05/05 0.0% 21,027 2/05/05 0.0% 19,195 2/05/05 0.0% 14,070 2/05/05 0.0% 18,499 2/05/05 0.0% 9,026 2/05/05 0.0% 12,929 2/05/05 0.0% 14,832 2/05/05 0.0% 12,146 2/05/05 ---BENEFITS PROJECTED SOC SEC TOTAL 826 834 1,661 1,314 827 2,141 1,226 828 2,055 1,291 828 2,119 807 783 1,590 356 840 1,196 736 846 1,583 469 770 1,240 770 848 1,619 841 1,218 2,060 All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Day and years of credited service at the time of eliaibilitv for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES 65 12/2020 65 391 65 55 62 62 9/2035 482 55 62 62 55 8/2035 62 496 62 7/2032 530 65 4/2024 65 347 65 66 3/2005 66 356 66 65 11/2022 65 263 65 65 12/2013 65 251 65 65 11/2018 65 397 65 65 65 65 7/2012 380 AT NRD---- J&S TOTAL % SUR 688 1,523 100% 1,094 1,921 100% 1,021 1,850 100% 1,075 1,903 100% 672 1,455 100% 296 1,137 100% 613 1,460 100% 391 1,161 100% 642 1,490 100% 701 1,919 100% NAME SEX SOC SEC NO SEO # Tredore, James A. 1 331-54-0288 299 Vines, Lawrence E. 1 248-68-6051 300 Walden, Michelle H. 2 256-23-5002 301 Walker, Brent J. 1 260-98-6361 302 Washington, Kevin D. 1 254-47-4824 303 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST 2/24/70 9/27/93 3/01/2025 8/21/42 6/26/95 9/01/2007 100% 7/01/2005 0% 7/23/66 7/26/90 8/01/2021 100% 1/02/71 9/03/91 2/01/2026 100% 6/08/70 10/06/92 7/01/2025 100% Washington, Thomas 1 1/09/65 256-25-3311 304 12/05/88 2/01/2020 100% Washington, Vincent 1 8/26/64 241-27-1876 305 1/11/93 9/01/2019 100% Watson, Robert G. 1 9/04/62 259-25-6269 306 8/28/89 10/01/2017 100% Watts, Clifton 1 12/21/45 254-70-5340 307 6/20/94 1/01/2011 100% Watts, Leonard L. 1 8/15/63 151-66-1153 308 6/15/92 9/01/2028 100% - - n SALARY THIS YEAR LAST YEAR 2 YRS AGO 35,622 34,585 34,585 30,515 29,627 29,627 35,416 34,385 34,385 34,838 33,824 30,749 30,596 29,706 29,706 33,210 32,244 32,244 35,251 32,595 32,595 36,488 35,425 35,425 22,411 21,759 21,759 21,577 20,949 20,949 HISTORY---- 3 YRS AGO 4 YRS AGO 32,267 31,327 28,904 28,063 33,067 32,104 29,465 28,607 28,981 28,137 31,457 30,541 30,499 29,610 33,925 32,937 21,153 20,537 20,439 19,843 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC COLA% EQUITY DATE 0.0% 14,424 2/05/05 0.0% 10,359 2/05/05 0.0% 19,564 2/05/05 0.0% 16,723 2/05/05 0.0% 16,685 2/05/05 0.0% 25,187 2/05/05 0.0% 15,155 2/05/05 0.0% 23,481 2/05/05 0.0% 8,406 2/05/05 0.0% 10,187 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 1,165 825 1,991 382 854 1,236 1,143 794 1,937 1,245 819 2,065 1,041 745 1,786 1,075 753 1,828 976 776 1,752 1,067 777 1,845 385 743 1,128 812 777 1,589 NRD---- J&S TOTAL % SUR 971 1,796 100% 318 1,172 100% 952 1,746 100% 1,037 1,857 100% 867 1,612 100% 895 1,649 100% 813 1,589 100% 889 1,667 100% 320 1,064 100% 677 1,454 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the goyerning legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWE Rs PERRIN HR SERVICES 55 62 62 3/2035 400 65 65 65 55 62 62 9/2007 295 8/2031 514 55 62 62 2/2036 440 7/2035 378 55 62 62 55 2/2030 62 537 62 55 9/2029 62 404 62 55 10/2027 62 562 62 65 1/2011 65 239 65 65 9/2028 65 273 65 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 NAME SOC SEC NO SEX SEO # DATE BORN DATE HIRED RETIREMENT FIRST VEST 100% VEST % VEST Webber, Steyen M. 256-06-4864 1 309 5/27/61 1/04/93 6/01/2026 100% Welcher, Gregory P. 1 7/21/52 254-88-0759 310 3/27/87 4/01/2012 100% White, Donald 1 10/28/58 260-98-5987 311 8/19/88 11/01/2013 100% White, Rosa 2 5/19/47 251-78-8187 312 1/27/86 6/01/2012 100% White, william 1 8/05/47 510-46-6081 313 5/15/90 9/01/2012 100% Wideman, Joseph 1 4/02/66 256-21-6137 314 9/19/94 5/01/2031 100% Williams, Bennie D. 2 3/22/51 254-90-0204 315 7/17j89 4/01/2016 100% williams, Cynthia 2 2/02/56 465-08-1729 316 11/02/87 3/01/2021 100% Williams, David M. 1 9/17/55 281-54-0241 317 5/26/87 6/01/2012 100% williams, Linton A. 1 12/30/68 408-39-0588 318 6/10/96 1/01/2024 7/01/2006 0% ----SALARy THIS YEAR LAST YEAR 2 YRS AGO 24,327 22,074 22,074 36,252 35,197 35,197 39,985 37,768 32,841 50,138 48,678 48,678 18,750 18,204 18,204 26,358 25,103 20,764 23,301 22,623 22,623 25,919 25,165 25,165 37,074 33,640 34,840 29,278 28,426 28,426 HISTORY---- 3 YRS AGO 4 YRS AGO 21,535 20,908 33,697 32,716 33,240 32,272 41,174 38,510 17,760 17,243 20,258 19,668 22,071 21,428 24,551 23,836 33,990 31,408 27,733 26,925 RET AGE SS AGE TOT AGE DEFDATE ACC BEN PR SVC COLA% EQUITY DATE 0.0% 11,875 2/05/05 0.0% 27,614 2/05/05 0.0% 27,118 2/05/05 0.0% 31,322 2/05/05 0.0% 10,829 2/05/05 0.0% 7,468 2/05/05 0.0% 15,726 2/05/05 0.0% 23,421 2/05/05 0.0% 31,315 2/05/05 0.0% 9,418 2/05/05 ---BENEFITS AT PROJECTED SOC SEC TOTAL 844 824 1,669 944 811 1,755 1,048 808 1,857 1,415 1,272 2,688 434 688 1,122 1,004 894 1,898 647 799 1,446 897 866 1,764 965 811 1,777 838 712 1,551 NRD---- J&S TOTAL % SUR 703 1,528 100% 786 1,598 100% 873 1,682 100% 1,179 2,451 100% 361 1, 050 100% 836 1,730 100% 539 1,338 100% 747 1,614 100% 804 1,616 100% 698 1,411 100% All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projecting social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will remain the same until retirement. Actual benefits paid will be based on the goyerning legal documents, actual Day and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. - TOWE Rs PERRIN HR SERVICES 65 65 65 6/2026 279 60 8/2017 62 646 62 55 11/2023 62 605 62 65 6/2012 65 868 65 65 9/2012 65 277 65 65 5/2031 65 243 65 65 4/2016 65 363 65 65 3/2021 65 447 65 57 10/2020 62 632 62 55 1/2034 62 254 62 Augusta, Georgia GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM Pension Report Reference Listing as of 3/01/2005 ----SALARy HISTORY---- ---BENEFITS AT NRD---- DATE BORN FIRST VEST THIS YEAR 3 YRS AGO RET AGE DEFDATE COLA% PROJECTED J&S NAME SEX DATE HIRED 100% VEST LAST YEAR 4 YRS AGO SS AGE ACC BEN EQUITY SOC SEC TOTAL SOC SEC NO SEO # RETIREMENT % VEST 2 YRS AGO TOT AGE PR SVC DATE TOTAL % SUR Williams, Paul R. 1 11/19/52 26,334 23,312 65 12/2017 0.0% 694 578 253-92-1265 319 7/27/92 23,895 22,633 65 314 13,185 866 1,445 12/01/2017 100% 23,895 65 2/05/05 1,56l 100% Williams, Ray E. 1 9/20/53 27,827 22,300 65 10/2018 0.0% 756 629 255-94-5650 320 8/13/92 27,017 21,651 65 324 13,439 904 1,533 10/01/2018 100% 25,731 65 2/05/05 1,660 100% Wittke, Grace P. 2 12/11/49 36,336 33,460 65 1/2015 0.0% 898 748 260-84-6180 321 3/18/91 35,278 32,486 65 501 19,031 1,036 1,784 1/01/2015 100% 35,278 65 2/05/05 1,934 100% Womack, II, Jack L. 1 10/06/67 41,712 35,390 55 11/2032 0.0% 1,549 1,290 255-37-3229 322 1/12/87 40,497 34,359 62 701 33,567 898 2,189 11/01/2022 100% 35,215 62 2/05/05 2,448 100% Woolsey, Keyin P. 1 12/03/62 30,963 27,409 65 1/2028 0.0% 1,077 897 260-23-8621 323 7/18/94 28,095 26,611 65 311 13,049 970 1,868 1/01/2028 100% 28,095 65 2/05/05 2,048 100% 215 Employees Receiying Benefit Statements All benefits shown above are based on actual earnings history and credited services reported to GMEBS. In projectin~ Social Security benefits, it is assumed that each employee is fully insured for Social Security purposes. Social Security projections are based on current law, certain assumptions as to past earnings and the assumption that current earnings will ~emain the same until retirement. Actual benefits paid will be based on the governing legal documents, actual Dav and years of credited service at the time of eliaibility for benefits. Plan benefits and dates shown above are based only upon the participant's current classification of employment with the current employer. ~ ~ TOWERS PERRIN HR SERVICES