Seattle City Light 2016 ANNUAL REPORT | Audited Financial Statements 77 THE CITY OF SEATTLE—CITY LIGHT DEPARTMENT REQUIRED SUPPLEMENTARY INFORMATION (UNAUDITED) - 77 - SCHEDULES OF FUNDING PROGRESS The Department’s schedule of funding progress for the other post-employment benefit healthcare plans is presented below for the most recent actuarial valuation and the two preceding valuations for which the Department has available data (dollar amounts in millions): Actuarial Accrued UAAL as a Actuarial Actuarial Liabilities Unfunded Percentage Valuation Value of (AAL) AAL Funding Covered of Covered Date Assets Entry Age (UAAL) Ratio Payroll Payroll January 1 (A) (B) (B-A) (A/B) (C) ((B-A)/C) 2012 - $ 74.7 $ 74.7 $ - % 891.6 $ 8.4 % 2014 - 41.8 41.8 - 1,004.0 4.2 2016 - 65.7 65.7 - 1,125.7 5.8