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� � . , Exhibit 2 - Page 2 <br /> IMRF Retirement Incentive Window Pro�ram <br /> Actuarial Analysis for <br /> 03340 - CITY OF DECATUR <br /> (Regular Members) <br /> Summary of Valuation Data and Input Variables <br /> Window Period: O1/O1/2004 Through O1/O1/2005 <br /> EMPLOYEES AFFECTED BY WINDOW * <br /> 1. Presently eligible to retire with full or reduced benefits <br /> a. Number 13 <br /> b. Annual payroll $645,479 <br /> 2. Number newly eligible to retire <br /> a. Number 13 <br /> b. Annual payroll $512,048 <br /> INPUT VARIABLES , <br /> 3. Employees presently eligible to retire, who: <br /> a. Would have retired without this window 0 <br /> b. Are induced to retire during this window 13 <br /> 4. Employees newly eligible to retire who are induced <br /> to retire during window period 13 <br /> 5. Total number assumed to retire during window <br /> period: (3a) + (3b) + (4) 26 <br /> 6. Across-the-board pay increase since 12/31/02 3.00 % <br /> * Persons covered by Elected County Official benefit provisions with this employer <br />, not included in this study. <br /> 8/3/2003-9:58:19 PM 03340 V03.0 -3- <br /> I <br />