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CITY OF RAMSEY
<br /> PERA—General Employees Retirement Fund
<br /> Schedule of City's and Non-Employer Proportionate Share of Net Pension Liability
<br /> Proportionate
<br /> Share of the
<br /> City's Net Pension
<br /> Proportionate Liability and City's
<br /> Share of the the City's Proportionate Plan Fiduciary
<br /> State of Share of the Share of the Net Position
<br /> City's City's Minnesota's State of Net Pension as a
<br /> PERA Fiscal Proportion Proportionate Proportionate Minnesota's Liability as a Percentage
<br /> Year-End Date of the Net Share of the Share of the Share of the City's Percentage of of the Total
<br /> City Fiscal (Measurement Pension Net Pension Net Pension Net Pension Covered Covered Pension
<br /> Year-End Date Date) Liability Liability Liability Liability Payroll Payroll Liability
<br /> 12/31/2015 06/30/2015 0.0508% $ 2,632,720 $ — $ 2,632,720 $ 2,984,866 88.20% 78.20%
<br /> 12/31/2016 06/30/2016 0.0508% $ 4,124,708 $ 53,908 $ 4,178,616 $ 3,154,867 130.74% 68.90%
<br /> 12/31/2017 06/30/2017 0.0551% $ 3,517,550 $ 44,220 $ 3,561,770 $ 3,550,067 99.08% 75.90%
<br /> 12/31/2018 06/30/2018 0.0527% $ 2,923,581 $ 95,848 $ 3,019,429 $ 3,542,360 82.53% 79.50%
<br /> 12/31/2019 06/30/2019 0.0530% $ 2,930,253 $ 91,163 $ 3,021,416 $ 3,752,320 78.09% 80.20%
<br /> 12/31/2020 06/30/2020 0.0566% $ 3,393,429 $ 104,560 $ 3,497,989 $ 4,036,013 84.08% 79.10%
<br /> 12/31/2021 06/30/2021 0.0617% $ 2,634,866 $ 80,483 $ 2,715,349 $ 4,313,560 61.08% 87.00%
<br /> PERA—General Employees Retirement Fund
<br /> Schedule of City Contributions
<br /> Contributions Contributions
<br /> in Relation to as a
<br /> Statutorily the Statutorily Contribution Percentage
<br /> City Fiscal Required Required Deficiency Covered of Covered
<br /> Year-End Date Contributions Contributions (Excess) Payroll Payroll
<br /> 12/31/2015 $ 238,004 $ 238,004 $ — $ 3,173,387 7.50%
<br /> 12/31/2016 $ 247,279 $ 247,279 $ — $ 3,297,053 7.50%
<br /> 12/31/2017 $ 261,117 $ 261,117 $ — $ 3,481,560 7.50%
<br /> 12/31/2018 $ 271,321 $ 271,321 $ — $ 3,617,613 7.50%
<br /> 12/31/2019 $ 293,639 $ 293,639 $ — $ 3,915,187 7.50%
<br /> 12/31/2020 $ 312,137 $ 312,137 $ — $ 4,161,827 7.50%
<br /> 12/31/2021 $ 330,724 $ 330,724 $ — $ 4,409,653 7.50%
<br /> Note 1: The City implemented GASB Statement No.68 in fiscal 2015. This information is not available for previous fiscal years. Aditional years'
<br /> information will be displayed as it becomes available.
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