b'ACTUARIAL BALANCE SHEET June 30, 2025Present Resources and Expected Future ResourcesAssets Pension Health Total1.Valuation value of assets $28,992,292,784 $3,437,210,593 $32,429,503,3772.Present value of future normal costs:Member $1,716,123,859 $1,716,123,859Employer $3,893,050,425 $1,087,588,744 $4,980,639,169Total $5,609,174,284 $1,087,588,744 $6,696,763,0283.Unfunded actuarial accrued liability $(158,492,138) $961,157,923 $802,665,7854.Present value of current and future assets $34,442,974,930 $5,485,957,260 $39,928,932,190Present Value of Expected Future Benefit Payments and ReserveLiabilities Pension Health Total5.Present value of future benefits:Retired members and beneficiaries $17,533,243,743 $2,487,711,425 $20,020,955,168Inactive members with vested rights $39,778,068 $196,966,207 $236,744,275Active members $16,869,953,119 $2,801,279,628 $19,671,232,7476.Total present value of expected future$34,442,974,930 $5,485,957,260 $39,928,932,190benefit payments116 LAFPP ANNUAL REPORT 2025'