b'ACTUARIAL BALANCE SHEET June 30, 2024Present Resources and Expected Future ResourcesAssets Pension Health Total1.Valuation value of assets $27,527,602,006 $3,180,163,716 $30,707,765,7222.Present value of future normal costs:Member $1,735,604,842 $1,735,604,842Employer $3,658,109,383 $1,011,098,516 $4,669,207,899Total $5,393,714,225 $1,011,098,516 $6,404,812,7413.Unfunded actuarial accrued liability $68,029,073 $886,552,197 $954,581,2704.Present value of current and future$32,989,345,304 $5,077,814,429 $38,067,159,733assetsPresent Value of Expected Future Benefit Payments and ReserveLiabilities Pension Health Total5.Present value of future benefits:Retired members and beneficiaries $16,945,488,739 $2,306,705,772 $19,252,194,511Inactive members with vested rights $39,405,191 $180,023,585 $219,428,776Active members $16,004,451,374 $2,591,085,072 $18,595,536,4466.Total present value of expected future$32,989,345,304 $5,077,814,429 $38,067,159,733benefit payments116 LAFPP ANNUAL REPORT 2024'