International Association of Machinists Motor City Pension Fund

EIN/Plan #: 38-6237143/001 

Checklist Item #28 – 6.05 Projection of Funded Percentage 

Does the plan include deterministic projections for each year in the extended period of: 

 the value of plan assets; 

 the plan's accrued liability; and 

 the plan's funded percentage? 

See section 6.05. 

Document 28.1 describes the deterministic projection for each year in the extended period of 

the value of the Pension Plan's assets, its accrued liability, and its funded percentage 
International Association of Machinists Motor City Pension Fund

EIN/Plan #: 38-6237143/001 

Checklist Item #28 – 6.05 Projection of Funded Percentage 

28.1 

Document 28.1

Pension Plan's Projection of 

Assets, Liabilities, and Funded Percentage 

Exhibit I projects the Pension Plan's funded percentage using the value of plan assets and 

accrued liabilities during the extended period of 2016 through 2063. The projection includes 

the impact of benefit suspensions and is made on the same basis as Exhibits IV and VII of 

Checklist Item #7. 

See the following page. 
International Association of Machinists Motor City Pension Fund

EIN/Plan #: 38-6237143/001 

Checklist Item #28 – 6.05 Projection of Funded Percentage 

28.2 

Exhibit I – Projections of Plan’s Market Value of Assets, Accrued Liability, and Funded Percentage for the Plan Years Beginning July 

1, 2016 through 2063 

As of 

July 1,

1. Market 

Value of 

Assets

2. Unit Credit 

Accrued 

Liability

3. Funded 

Percentage

(1)/(2)

As of 

July 1,

1. Market 

Value of 

Assets

2. Unit Credit 

Accrued 

Liability

3. Funded 

Percentage

(1)/(2)

2016 $51,181,760 $100,967,885 50.69% 2040 $14,604,076 $26,900,382 54.29%

2017 $47,859,728 $102,505,733 46.69% 2041 $13,351,626 $25,494,926 52.37%

2018 $44,935,868 $62,481,813 71.92% 2042 $12,161,713 $24,148,995 50.36%

2019 $43,877,649 $61,184,494 71.71% 2043 $11,044,959 $22,873,586 48.29%

2020 $42,740,638 $59,805,804 71.47% 2044 $10,009,987 $21,677,226 46.18%

2021 $41,528,574 $58,377,989 71.14% 2045 $9,052,213 $20,555,052 44.04%

2022 $40,256,294 $56,908,543 70.74% 2046 $8,181,730 $19,516,902 41.92%

2023 $38,927,739 $55,358,970 70.32% 2047 $7,400,422 $18,564,736 39.86%

2024 $37,579,243 $53,764,422 69.90% 2048 $6,705,098 $17,695,526 37.89%

2025 $36,217,106 $52,129,481 69.48% 2049 $6,097,664 $16,911,370 36.06%

2026 $34,556,255 $50,459,959 68.48% 2050 $5,575,879 $16,209,660 34.40%

2027 $33,122,126 $48,770,849 67.91% 2051 $5,136,722 $15,587,018 32.96%

2028 $31,693,297 $47,073,291 67.33% 2052 $4,773,913 $15,036,772 31.75%

2029 $30,246,669 $45,343,275 66.71% 2053 $4,490,034 $14,561,861 30.83%

2030 $28,807,524 $43,604,724 66.07% 2054 $4,281,856 $14,158,511 30.24%

2031 $27,308,609 $41,845,329 65.26% 2055 $4,147,142 $13,824,425 30.00%

2032 $25,812,726 $40,075,053 64.41% 2056 $4,084,686 $13,558,547 30.13%

2033 $24,316,955 $38,290,470 63.51% 2057 $4,091,101 $13,357,604 30.63%

2034 $22,846,880 $36,531,878 62.54% 2058 $4,164,477 $13,219,157 31.50%

2035 $21,424,754 $34,809,408 61.55% 2059 $4,302,606 $13,140,821 32.74%

2036 $20,046,517 $33,115,814 60.53% 2060 $4,503,902 $13,121,030 34.33%

2037 $18,743,646 $31,482,151 59.54% 2061 $4,766,561 $13,157,736 36.23%

2038 $17,307,644 $29,901,616 57.88% 2062 $5,089,239 $13,249,523 38.41%

2039 $15,928,242 $28,374,911 56.13% 2063 $5,470,855 $13,395,149 40.84%