b'LOS ANGELES FIRE AND POLICE PENSION SYSTEM REQUIRED SUPPLEMENTARY INFORMATION PENSION PLAN SCHEDULE OF EMPLOYERS NET PENSION LIABILITY (Unaudited)Total PensionFiduciary NetNet PensionFunded DiscountLiabilityPositionLiabilityStatusCoveredNPL Date Rate (TPL) (FNP) (NPL) (FNP/TPL) Payroll %Pay6/30/2025 7.00%29,116,45630,495,211 (1,378,754) 104.7%1,745,822 -79%6/30/2024 7.00% 27,892,69028,148,046 ( 255,356) 100.9%1,600,181 -16%6/30/2023 7.00%26,800,92026,437,300363,620 98.6%1,608,133 23%6/30/2022 7.00% 25,907,29425,258,536648,758 97.5%1,598,685 41%6/30/2021 7.00%25,160,77727,862,307 (2,701,530) 110.7%1,603,349 -168%6/30/2020 7.00%23,969,71421,396,9332,572,781 89.3%1,509,613 170%6/30/2019 7.25% 23,000,50521,262,2001,738,304 92.4%1,487,978 117%6/30/2018 7.25% 21,736,84920,482,1331,254,716 94.2%1,451,996 86%6/30/2017 7.25%20,814,04518,996,7211,817,323 91.3%1,397,245 130%6/30/2016 7.50%19,565,40917,104,2762,461,132 87.4%1,351,788 182%Notes to Schedule: Fiduciary Net PositionThe fiduciary net position is calculated based on financial information available to the actuary for the presentation of the actuarial valuation and does not include subsequent adjustments.See accompanying notes to required schedule and accompanying independent auditors report.64 SECTION 2FINANCIALS 79'