b'LOS ANGELES FIRE AND POLICE PENSION SYSTEM MANAGEMENTS DISCUSSION AND ANALYSIS (Unaudited) Health Subsidy Plan (Continued)Changes in Fiduciary Net Position (Continued)Deductions from Fiduciary Net PositionDeductions represent medical and dental insurance subsidies paid for pensioners and their beneficiaries and administrative expenses. Current year deductions were $167.04 million, $10.56 million or 6.7% more than the total deductions of fiscal year 2023. This is due primarily to an increase in the number of pensioners receiving subsidy benefits and the increase in the maximum retiree health subsidy in fiscal year 2024. REQUEST FOR INFORMATIONThis financial report is designed to provide the Board of Fire and Police Pension Commissioners, members, investment managers, and creditors with a general overview of LAFPPs finances. Questions concerning any of the information provided in this report or requests for additional information should be addressed to:Joseph Salazar, General Manager Los Angeles Fire and Police Pension System 701 E. Third Street, Suite 200 Los Angeles, CA 9001314SECTION 2FINANCIALS 29'