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Cabarrus County, North Carolina <br />Special Separation Allowance <br />Required Supplementary Information <br />Schedule of Employer Contributions <br />Exhibit 12 <br />Year Ended Annual Required Actual Percentage <br />June 30 Contribution Contribution Contributed <br />2000 $ 168,968 $ 150,463 89% <br />2001 178,284 168,968 95% <br />2002 179,465 178,285 99% <br />2003 195,574 179,465 92% <br />2004 358,891 322,574 90% <br />2005 377,815 358,891 95% <br />2006 392,503 377,815 96% <br />2007 340,536 392,503 115% <br />2008 350,675 340,536 97% <br />2009 353,811 350,675 99% <br />The information presented in the required supplementary schedule was determined as part of the actuarial <br />valuations at the dates indicated. Additional information as of the latest actuarial valuation follows. <br />Valuation date <br />Actuarial cost method <br />Amortization method <br />Remaining amortization period <br />Asset valuation method <br />Actuarial assuptions: <br />Investment rate of return" <br />Projects salary increases* <br />Cost-of-living adjustments <br />12/31 /2007 <br />Projected unit credit <br />Level percent of pay closed <br />10 years <br />Market value <br />7.25% <br />4.5% to 12.3% <br />N/A <br />"Includes inflation at 3.75% <br />73 <br />G-8 <br />Attachment number 3 <br />Page 347 <br />