Texas 2025 - 89th Regular

Texas Senate Bill SB1527 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		By: West S.B. No. 1527
2		-
3		-
	2	+	(In the Senate - Filed February 21, 2025; March 6, 2025,
	3	+	read first time and referred to Committee on Finance;
	4	+	March 24, 2025, reported adversely, with favorable Committee
	5	+	Substitute by the following vote: Yeas 14, Nays 1; March 24, 2025,
	6	+	sent to printer.)
	7	+	Click here to see the committee vote
	8	+	COMMITTEE SUBSTITUTE FOR S.B. No. 1527 By: West
4	9
5	10
6	11		A BILL TO BE ENTITLED
7	12		AN ACT
8	13		relating to the administration of, contributions to, and benefits
9	14		under the public retirement systems for police and firefighters in
10	15		certain municipalities.
11	16		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	17		SECTION 1. Section 2.01, Article 6243a-1, Revised Statutes,
13	18		is amended by adding Subdivision (3-a) to read as follows:
14	19		(3-a) "Actuarially determined contribution rate"
15	20		means for any city fiscal year, the city contribution rate:
16	21		(A) expressed as a percentage of members'
17	22		projected aggregate computation pay for the fiscal year; and
18	23		(B) actuarially determined in accordance with
19	24		Section 4.02 of this article.
20	25		SECTION 2. Article 6243a-1, Revised Statutes, is amended by
21	26		adding Section 2.026 to read as follows:
22	27		Sec. 2.026. ADMINISTRATIVE REQUIREMENTS. (a) As a public
23	28		retirement system within the meaning of Section 802.001, Government
24	29		Code, the pension system is subject to and must comply with Chapter
25	30		802, Government Code.
26	31		(b) Any plan or rule adopted under former Section 2.025 of
27	32		this article:
28	33		(1) may not be implemented; and
29	34		(2) is unenforceable.
30	35		SECTION 3. Article 6243a-1, Revised Statutes, is amended by
31	36		adding Section 3.014 to read as follows:
32	37		Sec. 3.014. CITY AND BOARD APPROVAL REQUIRED FOR CERTAIN
33	38		ACTIONS. Notwithstanding any other provision of this article, the
34	39		following actions must be approved by the board and the city council
35	40		if, as a result of taking the action, the action will result in an
36	41		increase in the pension system's liabilities:
37	42		(1) the settlement of any lawsuit by the board;
38	43		(2) any proposed increase to benefits by the board,
39	44		including any adjustment under Section 6.12 of this article; and
40	45		(3) any changes to actuarial assumptions under Section
41	46		2.02 of this article, including the current discount rate.
42	47		SECTION 4. Section 4.02, Article 6243a-1, Revised Statutes,
43	48		is amended by amending Subsection (d) and adding Subsections (d-1),
44	49		(e-1), (f), (g), (h), and (h-1) to read as follows:
45	50		(d) Subject to Section 4.025 of this article, the city shall
46	51		make contributions to the pension system biweekly using an
47	52		actuarially determined contribution rate with a five-year step-up
48	53		period beginning October 2024. Subject to Subsections (e-1) and
49	54		(f) of this section, the actuarially determined contribution rate
50	55		for any given city fiscal year is the sum of the following as
51	56		determined in the actuarial valuation for the plan year preceding
52	57		the fiscal year:
53	58		(1) an established 30-year closed amortization amount
54	59		with five-year step-up and no step-down for the unfunded actuarial
55	60		accrued liability and administrative expenses, determined based on
56	61		the January 1, 2023, actuarial valuation, as shown in the following
57	62		fixed dollar schedule, divided by the members' projected aggregate
58	63		computation pay for each city fiscal year:
59	64		City Fiscal Year Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount City Fiscal Year Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
60	65		City Fiscal Year Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
61	66		Ending Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount Ending Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
62	67		Ending Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
63	68		September 30 Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount September 30 Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
64	69		September 30 Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
65	70		2025 $161,656,000 $7,000,000 $168,656,000 2025 $161,656,000 $7,000,000 $168,656,000
66	71		2025 $161,656,000 $7,000,000 $168,656,000
67	72		2026 $179,482,000 $7,000,000 $186,482,000 2026 $179,482,000 $7,000,000 $186,482,000
68	73		2026 $179,482,000 $7,000,000 $186,482,000
69	74		2027 $197,889,000 $7,000,000 $204,889,000 2027 $197,889,000 $7,000,000 $204,889,000
70	75		2027 $197,889,000 $7,000,000 $204,889,000
71	76		2028 $217,163,000 $7,000,000 $224,163,000 2028 $217,163,000 $7,000,000 $224,163,000
72	77		2028 $217,163,000 $7,000,000 $224,163,000
73	78		2029 $237,336,000 $7,000,000 $244,336,000 2029 $237,336,000 $7,000,000 $244,336,000
74	79		2029 $237,336,000 $7,000,000 $244,336,000
75	80		2030 $242,341,000 $7,000,000 $249,341,000 2030 $242,341,000 $7,000,000 $249,341,000
76	81		2030 $242,341,000 $7,000,000 $249,341,000
77	82		2031 $248,399,000 $7,000,000 $255,399,000 2031 $248,399,000 $7,000,000 $255,399,000
78	83		2031 $248,399,000 $7,000,000 $255,399,000
79	84		2032 $254,609,000 $7,000,000 $261,609,000 2032 $254,609,000 $7,000,000 $261,609,000
80	85		2032 $254,609,000 $7,000,000 $261,609,000
81	86		2033 $260,975,000 $7,000,000 $267,975,000 2033 $260,975,000 $7,000,000 $267,975,000
82	87		2033 $260,975,000 $7,000,000 $267,975,000
83	88		2034 $267,499,000 $7,000,000 $274,499,000 2034 $267,499,000 $7,000,000 $274,499,000
84	89		2034 $267,499,000 $7,000,000 $274,499,000
85	90		2035 $274,186,000 $7,000,000 $281,186,000 2035 $274,186,000 $7,000,000 $281,186,000
86	91		2035 $274,186,000 $7,000,000 $281,186,000
87	92		2036 $281,041,000 $7,000,000 $288,041,000 2036 $281,041,000 $7,000,000 $288,041,000
88	93		2036 $281,041,000 $7,000,000 $288,041,000
89	94		2037 $288,067,000 $7,000,000 $295,067,000 2037 $288,067,000 $7,000,000 $295,067,000
90	95		2037 $288,067,000 $7,000,000 $295,067,000
91	96		2038 $295,269,000 $7,000,000 $302,269,000 2038 $295,269,000 $7,000,000 $302,269,000
92	97		2038 $295,269,000 $7,000,000 $302,269,000
93	98		2039 $302,650,000 $7,000,000 $309,650,000 2039 $302,650,000 $7,000,000 $309,650,000
94	99		2039 $302,650,000 $7,000,000 $309,650,000
95	100		2040 $310,217,000 $7,042,000 $317,259,000 2040 $310,217,000 $7,042,000 $317,259,000
96	101		2040 $310,217,000 $7,042,000 $317,259,000
97	102		2041 $317,972,000 $7,218,000 $325,190,000 2041 $317,972,000 $7,218,000 $325,190,000
98	103		2041 $317,972,000 $7,218,000 $325,190,000
99	104		2042 $325,921,000 $7,399,000 $333,320,000 2042 $325,921,000 $7,399,000 $333,320,000
100	105		2042 $325,921,000 $7,399,000 $333,320,000
101	106		2043 $334,069,000 $7,584,000 $341,653,000 2043 $334,069,000 $7,584,000 $341,653,000
102	107		2043 $334,069,000 $7,584,000 $341,653,000
103	108		2044 $342,421,000 $7,773,000 $350,194,000 2044 $342,421,000 $7,773,000 $350,194,000
104	109		2044 $342,421,000 $7,773,000 $350,194,000
105	110		2045 $350,982,000 $7,967,000 $358,949,000 2045 $350,982,000 $7,967,000 $358,949,000
106	111		2045 $350,982,000 $7,967,000 $358,949,000
107	112		2046 $359,756,000 $8,167,000 $367,923,000 2046 $359,756,000 $8,167,000 $367,923,000
108	113		2046 $359,756,000 $8,167,000 $367,923,000
109	114		2047 $368,750,000 $8,371,000 $377,121,000 2047 $368,750,000 $8,371,000 $377,121,000
110	115		2047 $368,750,000 $8,371,000 $377,121,000
111	116		2048 $377,969,000 $8,580,000 $386,549,000 2048 $377,969,000 $8,580,000 $386,549,000
112	117		2048 $377,969,000 $8,580,000 $386,549,000
113	118		2049 $387,418,000 $8,795,000 $396,213,000 2049 $387,418,000 $8,795,000 $396,213,000
114	119		2049 $387,418,000 $8,795,000 $396,213,000
115	120		2050 $397,104,000 $9,014,000 $406,118,000 2050 $397,104,000 $9,014,000 $406,118,000
116	121		2050 $397,104,000 $9,014,000 $406,118,000
117	122		2051 $407,031,000 $9,240,000 $416,271,000 2051 $407,031,000 $9,240,000 $416,271,000
118	123		2051 $407,031,000 $9,240,000 $416,271,000
119	124		2052 $417,207,000 $9,471,000 $426,678,000 2052 $417,207,000 $9,471,000 $426,678,000
120	125		2052 $417,207,000 $9,471,000 $426,678,000
121	126		2053 $427,637,000 $9,708,000 $437,345,000 2053 $427,637,000 $9,708,000 $437,345,000
122	127		2053 $427,637,000 $9,708,000 $437,345,000
123	128		2054 $438,328,000 $9,950,000 $448,278,000 2054 $438,328,000 $9,950,000 $448,278,000
124	129		2054 $438,328,000 $9,950,000 $448,278,000
125	130		(2) normal cost; and
126	131		(3) subject to Subsection (d-1) of this section, new
127	132		amortization layers as necessary to amortize the difference between
128	133		the expected remaining balance of all previous years' layers and
129	134		the actual unfunded actuarial accrued liability for the given
130	135		valuation [in an amount equal to the sum of:
131	136		[(1) the greater of:
132	137		[(A) 34.5 percent of the aggregate computation
133	138		pay paid to members during the period for which the contribution is
134	139		made; or
135	140		[(B) the applicable amount set forth below:
136	141		[(i) $5,173,000 for the biweekly pay
137	142		periods beginning with the first biweekly pay period that begins
138	143		after September 1, 2017, and ends on the last day of the first
139	144		biweekly pay period that ends after December 31, 2017;
140	145		[(ii) $5,344,000 for the 26 biweekly pay
141	146		periods immediately following the last biweekly pay period
142	147		described by Subparagraph (i) of this paragraph;
143	148		[(iii) $5,571,000 for the 26 biweekly pay
144	149		periods immediately following the last biweekly pay period
145	150		described by Subparagraph (ii) of this paragraph;
146	151		[(iv) $5,724,000 for the 26 biweekly pay
147	152		periods immediately following the last biweekly pay period
148	153		described by Subparagraph (iii) of this paragraph;
149	154		[(v) $5,882,000 for the 26 biweekly pay
150	155		periods immediately following the last biweekly pay period
151	156		described by Subparagraph (iv) of this paragraph;
152	157		[(vi) $6,043,000 for the 26 biweekly pay
153	158		periods immediately following the last biweekly pay period
154	159		described by Subparagraph (v) of this paragraph;
155	160		[(vii) $5,812,000 for the 26 biweekly pay
156	161		periods immediately following the last biweekly pay period
157	162		described by Subparagraph (vi) of this paragraph;
158	163		[(viii) $6,024,000 for the 26 biweekly pay
159	164		periods immediately following the last biweekly pay period
160	165		described by Subparagraph (vii) of this paragraph through the
161	166		biweekly pay period that ends after December 31, 2024; and
162	167		[(ix) $0 for each subsequent biweekly pay
163	168		period beginning with the first biweekly pay period following the
164	169		last biweekly pay period described by Subparagraph (viii) of this
165	170		paragraph; and
166	171		[(2) except as provided by Subsection (e) of this
167	172		section, an amount equal to 1/26th of $13 million].
168	173		(d-1) For purposes of Subsection (d)(3) of this section, new
169	174		amortization layers must be amortized over a closed amortization
170	175		period of 20 years or until January 1, 2053, whichever is later. If
171	176		the actuarial assets of the fund exceed the actuarial liabilities
172	177		for a given valuation, the outstanding layers may be collapsed into
173	178		a single layer with a closed amortization period of 20 years or
174	179		until January 2, 2053, whichever is later.
175	180		(e-1) Before July 1 of each year, the pension system's
176	181		qualified actuary and the city's actuary shall respectively
177	182		calculate and recommend an actuarially determined contribution
178	183		rate for the following city fiscal year. If the difference between
179	184		the recommended rates is:
180	185		(1) three percent or less, the actuarially determined
181	186		contribution rate shall be the rate recommended by the pension
182	187		system's qualified actuary; or
183	188		(2) greater than three percent, the board and the city
184	189		council shall engage in a 30-day reconciliation period:
185	190		(A) during which, if the pension system's
186	191		qualified actuary and the city's actuary reconcile their respective
187	192		calculations, the reconciled rate shall be the actuarially
188	193		determined contribution rate; or
189	194		(B) at the conclusion of which, if the pension
190	195		system's qualified actuary and the city's actuary do not reconcile
191	196		their respective calculations, the average of the rates recommended
192	197		by each actuary under this section shall be the actuarially
193	198		determined contribution rate.
194	199		(f) If in any plan year the actuarially determined
195	200		contribution rate, excluding the amounts provided under Subsection
196	201		(d)(1) of this section, is outside of the minimum or maximum rates
197	202		shown in the following schedule, the difference between the
198	203		actuarially determined contribution rate and the minimum or
199	204		maximum, as applicable, will be amortized over a closed period of 20
200	205		years or until January 1, 2053, whichever is later:
201	206		Plan Year City Fiscal Year Ending September 30 Minimum Rate Maximum Rate Plan Year City Fiscal Year Ending September 30 Minimum Rate Maximum Rate
202	207		Plan Year City Fiscal Year Ending September 30 Minimum Rate Maximum Rate
203	208		2023 2025 6.78% 6.78% 2023 2025 6.78% 6.78%
204	209		2023 2025 6.78% 6.78%
205	210		2024 2026 6.66% 6.66% 2024 2026 6.66% 6.66%
206	211		2024 2026 6.66% 6.66%
207	212		2025 2027 6.57% 6.57% 2025 2027 6.57% 6.57%
208	213		2025 2027 6.57% 6.57%
209	214		2026 2028 6.51% 6.51% 2026 2028 6.51% 6.51%
210	215		2026 2028 6.51% 6.51%
211	216		2027 2029 6.45% 6.45% 2027 2029 6.45% 6.45%
212	217		2027 2029 6.45% 6.45%
213	218		2028 2030 1.39% 11.39% 2028 2030 1.39% 11.39%
214	219		2028 2030 1.39% 11.39%
215	220		2029 2031 1.34% 11.34% 2029 2031 1.34% 11.34%
216	221		2029 2031 1.34% 11.34%
217	222		2030 2032 1.29% 11.29% 2030 2032 1.29% 11.29%
218	223		2030 2032 1.29% 11.29%
219	224		2031 2033 1.25% 11.25% 2031 2033 1.25% 11.25%
220	225		2031 2033 1.25% 11.25%
221	226		2032 2034 1.21% 11.21% 2032 2034 1.21% 11.21%
222	227		2032 2034 1.21% 11.21%
223	228		2033 2035 1.17% 11.17% 2033 2035 1.17% 11.17%
224	229		2033 2035 1.17% 11.17%
225	230		2034 2036 1.14% 11.14% 2034 2036 1.14% 11.14%
226	231		2034 2036 1.14% 11.14%
227	232		2035 2037 1.12% 11.12% 2035 2037 1.12% 11.12%
228	233		2035 2037 1.12% 11.12%
229	234		2036 2038 1.09% 11.09% 2036 2038 1.09% 11.09%
230	235		2036 2038 1.09% 11.09%
231	236		2037 2039 1.06% 11.06% 2037 2039 1.06% 11.06%
232	237		2037 2039 1.06% 11.06%
233	238		2038 2040 1.03% 11.03% 2038 2040 1.03% 11.03%
234	239		2038 2040 1.03% 11.03%
235	240		2039 2041 0.99% 10.99% 2039 2041 0.99% 10.99%
236	241		2039 2041 0.99% 10.99%
237	242		2040 2042 0.97% 10.97% 2040 2042 0.97% 10.97%
238	243		2040 2042 0.97% 10.97%
239	244		2041 2043 0.95% 10.95% 2041 2043 0.95% 10.95%
240	245		2041 2043 0.95% 10.95%
241	246		2042 2044 0.94% 10.94% 2042 2044 0.94% 10.94%
242	247		2042 2044 0.94% 10.94%
243	248		2043 2045 0.95% 10.95% 2043 2045 0.95% 10.95%
244	249		2043 2045 0.95% 10.95%
245	250		2044 2046 0.96% 10.96% 2044 2046 0.96% 10.96%
246	251		2044 2046 0.96% 10.96%
247	252		2045 2047 0.96% 10.96% 2045 2047 0.96% 10.96%
248	253		2045 2047 0.96% 10.96%
249	254		2046 2048 0.96% 10.96% 2046 2048 0.96% 10.96%
250	255		2046 2048 0.96% 10.96%
251	256		2047 2049 0.96% 10.96% 2047 2049 0.96% 10.96%
252	257		2047 2049 0.96% 10.96%
253	258		2048 2050 0.96% 10.96% 2048 2050 0.96% 10.96%
254	259		2048 2050 0.96% 10.96%
255	260		2049 2051 0.96% 10.96% 2049 2051 0.96% 10.96%
256	261		2049 2051 0.96% 10.96%
257	262		2050 2052 0.96% 10.96% 2050 2052 0.96% 10.96%
258	263		2050 2052 0.96% 10.96%
259	264		2051 2053 0.96% 10.96% 2051 2053 0.96% 10.96%
260	265		2051 2053 0.96% 10.96%
261	266		2052 2054 0.96% 10.96% 2052 2054 0.96% 10.96%
262	267		2052 2054 0.96% 10.96%
263	268		(g) If the city council determines that the fund is
264	269		projected to be fully funded in over 30 years, the city council may,
265	270		in its sole discretion, waive the requirements of Subsection (f) of
266	271		this section. The board may recommend to the city council that the
267	272		city council waive the requirements of Subsection (f) of this
268	273		section.
269	274		(h) Notwithstanding Subsection (d) or any other provision
270	275		of this section, for the city's fiscal years ending September 30,
271	276		2025, through September 30, 2029, the city contribution amount may
272	277		not under any circumstances exceed the sum of:
273	278		(1) the applicable fixed dollar amount under
274	279		Subsection (d)(1) of this section; and
275	280		(2) the maximum percentage provided under Subsection
276	281		(f) of this section multiplied by the members' projected aggregate
277	282		computation pay for the applicable city fiscal year.
278	283		(h-1) This subsection and Subsection (h) of this section
279	284		expire October 1, 2029.
280	285		SECTION 5. Section 3.014, Article 6243a-1, Revised
281	286		Statutes, as added by this Act, applies only to an action taken on
282	287		or after the effective date of this Act.
283	288		SECTION 6. The following provisions of Article 6243a-1,
284	289		Revised Statutes, are repealed:
285	290		(1) Section 2.025; and
286	291		(2) Section 4.02(e).
287	292		SECTION 7. This Act takes effect immediately if it receives
288	293		a vote of two-thirds of all the members elected to each house, as
289	294		provided by Section 39, Article III, Texas Constitution. If this
290	295		Act does not receive the vote necessary for immediate effect, this
291	296		Act takes effect September 1, 2025.
292		-
293		-
	297	+	* * * * *
294	298
295	299		City Fiscal Year Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
296	300
297		-
298		-
299	301		Ending Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
300		-
301		-
302	302
303	303		September 30 Amortization of January 1, 2023 Unfunded Actuarial Accrued Liability Administrative Expenses Total Fixed Dollar Amount
304	304
305		-
306		-
307	305		2025 $161,656,000 $7,000,000 $168,656,000
308		-
309		-
310	306
311	307		2026 $179,482,000 $7,000,000 $186,482,000
312	308
313		-
314		-
315	309		2027 $197,889,000 $7,000,000 $204,889,000
316		-
317		-
318	310
319	311		2028 $217,163,000 $7,000,000 $224,163,000
320	312
321		-
322		-
323	313		2029 $237,336,000 $7,000,000 $244,336,000
324		-
325		-
326	314
327	315		2030 $242,341,000 $7,000,000 $249,341,000
328	316
329		-
330		-
331	317		2031 $248,399,000 $7,000,000 $255,399,000
332		-
333		-
334	318
335	319		2032 $254,609,000 $7,000,000 $261,609,000
336	320
337		-
338		-
339	321		2033 $260,975,000 $7,000,000 $267,975,000
340		-
341		-
342	322
343	323		2034 $267,499,000 $7,000,000 $274,499,000
344	324
345		-
346		-
347	325		2035 $274,186,000 $7,000,000 $281,186,000
348		-
349		-
350	326
351	327		2036 $281,041,000 $7,000,000 $288,041,000
352	328
353		-
354		-
355	329		2037 $288,067,000 $7,000,000 $295,067,000
356		-
357		-
358	330
359	331		2038 $295,269,000 $7,000,000 $302,269,000
360	332
361		-
362		-
363	333		2039 $302,650,000 $7,000,000 $309,650,000
364		-
365		-
366	334
367	335		2040 $310,217,000 $7,042,000 $317,259,000
368	336
369		-
370		-
371	337		2041 $317,972,000 $7,218,000 $325,190,000
372		-
373		-
374	338
375	339		2042 $325,921,000 $7,399,000 $333,320,000
376	340
377		-
378		-
379	341		2043 $334,069,000 $7,584,000 $341,653,000
380		-
381		-
382	342
383	343		2044 $342,421,000 $7,773,000 $350,194,000
384	344
385		-
386		-
387	345		2045 $350,982,000 $7,967,000 $358,949,000
388		-
389		-
390	346
391	347		2046 $359,756,000 $8,167,000 $367,923,000
392	348
393		-
394		-
395	349		2047 $368,750,000 $8,371,000 $377,121,000
396		-
397		-
398	350
399	351		2048 $377,969,000 $8,580,000 $386,549,000
400	352
401		-
402		-
403	353		2049 $387,418,000 $8,795,000 $396,213,000
404		-
405		-
406	354
407	355		2050 $397,104,000 $9,014,000 $406,118,000
408	356
409		-
410		-
411	357		2051 $407,031,000 $9,240,000 $416,271,000
412		-
413		-
414	358
415	359		2052 $417,207,000 $9,471,000 $426,678,000
416	360
417		-
418		-
419	361		2053 $427,637,000 $9,708,000 $437,345,000
420		-
421		-
422	362
423	363		2054 $438,328,000 $9,950,000 $448,278,000
424	364
425		-
426		-
427	365		Plan Year City Fiscal Year Ending September 30 Minimum Rate Maximum Rate
428		-
429		-
430	366
431	367		2023 2025 6.78% 6.78%
432	368
433		-
434		-
435	369		2024 2026 6.66% 6.66%
436		-
437		-
438	370
439	371		2025 2027 6.57% 6.57%
440	372
441		-
442		-
443	373		2026 2028 6.51% 6.51%
444		-
445		-
446	374
447	375		2027 2029 6.45% 6.45%
448	376
449		-
450		-
451	377		2028 2030 1.39% 11.39%
452		-
453		-
454	378
455	379		2029 2031 1.34% 11.34%
456	380
457		-
458		-
459	381		2030 2032 1.29% 11.29%
460		-
461		-
462	382
463	383		2031 2033 1.25% 11.25%
464	384
465		-
466		-
467	385		2032 2034 1.21% 11.21%
468		-
469		-
470	386
471	387		2033 2035 1.17% 11.17%
472	388
473		-
474		-
475	389		2034 2036 1.14% 11.14%
476		-
477		-
478	390
479	391		2035 2037 1.12% 11.12%
480	392
481		-
482		-
483	393		2036 2038 1.09% 11.09%
484		-
485		-
486	394
487	395		2037 2039 1.06% 11.06%
488	396
489		-
490		-
491	397		2038 2040 1.03% 11.03%
492		-
493		-
494	398
495	399		2039 2041 0.99% 10.99%
496	400
497		-
498		-
499	401		2040 2042 0.97% 10.97%
500		-
501		-
502	402
503	403		2041 2043 0.95% 10.95%
504	404
505		-
506		-
507	405		2042 2044 0.94% 10.94%
508		-
509		-
510	406
511	407		2043 2045 0.95% 10.95%
512	408
513		-
514		-
515	409		2044 2046 0.96% 10.96%
516		-
517		-
518	410
519	411		2045 2047 0.96% 10.96%
520	412
521		-
522		-
523	413		2046 2048 0.96% 10.96%
524		-
525		-
526	414
527	415		2047 2049 0.96% 10.96%
528	416
529		-
530		-
531	417		2048 2050 0.96% 10.96%
532		-
533		-
534	418
535	419		2049 2051 0.96% 10.96%
536	420
537		-
538		-
539	421		2050 2052 0.96% 10.96%
540	422
541		-
542		-
543	423		2051 2053 0.96% 10.96%
544		-
545		-
546	424
547	425		2052 2054 0.96% 10.96%