And the actuary value is 16. 3. Again we dont have to make, we are investing more money than the actuary assumes we have and make it easy to meet the target of 7. 5. And we are making 14. 5 through the end of april. Not predicting a dive in the market, that will continue to compound itself. What happens once we invest more than the actuary assumes and hopefully make the gap larger, and that we are meeting the required return assumption, b bah because we are able to invest more than the actuary. And they measure the assumptions and grow the trust based on 7. 75 as it was in the 200809. Can you remind me what we obligated as the city to fund, dont we have a requirement . Yes, there is a required per contribution that is currently 28 , and however with the cost sharing where the active employees based on their salary level have an additional contribution, the net number is 23 or 24. Is there a funding level market or actuaryial that we hold . The charter doesnt require that there be 100 f
Metrics that we look at. And again as we do this process each year, we make adjustments that we are providing equitable access and focusing on the neighborhoods that are lower income and transit dependent. Let me jump in, i want to thank you and your staff for doing this analysis, julie chrisbon was leading the effort and we were meeting with transit justice people and directly with you and alicia inaudible as well. I want to say thank you for that effort. I like the idea of focusing on ontime pitcheerformance and th level of riders. And also looking at the investment of capital made around the city. I have talked about this for years since i have been in office. The level of Capital Investments in district 11 and i would say district 11 is pretty minimal. There is Capital Investments that have gone in towards the green yard, and the facilities. But there hasnt been a lot of Capital Improvements that have come to make the experience of riders on the lines, mission, geneva or san jose,
More than 700,000 people boarding, its a lot of people that we move around every day, and the one time when you have a bad experience is what resonates with you, and these numbers reflect by and large for the number of folks we are moving, we are doing so in a way that people are happy with. When we ask what do people want to see improved on muni. You can see kind of not surprising that the big ones are ontime performance and frequent service. But also cleanliness and crowding and reliability. And these are some things that we are trying to address with this budget, both capital and operating budgets. So supervisor avalos started a conversation a number of months ago about the equity of the Service Delivery of muni and of Transportation Service generally. And out of that process he convened a number of stakeholders, we have been working with that group over the last four or five months. And have developed a new framework for analyzing the equity of our Service Delivery. Its a process t