b'LOS ANGELES FIRE AND POLICE PENSION SYSTEM TABLE OF CONTENTS Page Independent Auditors Report 1 Managements Discussion and Analysis 4 BASIC FINANCIAL STATEMENTS: Statements of Fiduciary Net Position 15 Statements of Changes in Fiduciary Net Position . 16 Notes to Financial Statements . 17 REQUIRED SUPPLEMENTARY INFORMATION Pension Plan Schedule of Changes in Net Pension Liability and Related Ratio . 59 Schedule of Employer ContributionsPension Plan . 61 Notes to Schedule of Employer ContributionsPension Plan 62 Schedule of Investment ReturnsPension Plan 63 Schedule of Employers Net Pension Liability 64 Health Subsidy Plan Schedule of Changes in Net Other Post-Employment Benefits Liability and Related Ratio . 65 Schedule of Employer Contributions . 67 Notes to Schedule of Employer Contributions . 68 Schedule of Investment Returns . 69 Schedule of Employers Net Other Post-Employment Benefits Liability 70 COMPLIANCE SECTION Independent Auditors Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed inAccordance with Government Auditing Standards 71 SECTION 2FINANCIALS 15'