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CITY OF RAMSEY
<br /> PERA—Public Employees Police and Fire 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 0.2090% $ 2,374,729 $ — $ 2,374,729 $ 1,917,443 123.85% 86.60%
<br /> 12/31/2016 06/30/2016 0.2080% $ 8,347,402 $ — $ 8,347,402 $ 2,000,574 417.25% 63.90%
<br /> 12/31/2017 06/30/2017 0.2190% $ 2,956,761 $ — $ 2,956,761 $ 2,243,957 131.77% 85.40%
<br /> 12/31/2018 06/30/2018 0.2161% $ 2,303,404 $ — $ 2,303,404 $ 2,277,516 101.14% 88.80%
<br /> 12/31/2019 06/30/2019 0.2331% $ 2,481,585 $ — $ 2,481,585 $ 2,458,454 100.94% 89.30%
<br /> 12/31/2020 06/30/2020 0.2397% $ 3,159,502 $ 74,418 $ 3,233,920 $ 2,703,294 116.88% 87.20%
<br /> 12/31/2021 06/30/2021 0.2447% $ 1,888,825 $ 84,916 $ 1,973,741 $ 2,891,892 65.31% 93.70%
<br /> PERA—Public Employees Police and Fire 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 $ 326,419 $ 326,419 $ — $ 2,014,315 16.20%
<br /> 12/31/2016 $ 339,699 $ 339,699 $ — $ 2,096,907 16.20%
<br /> 12/31/2017 $ 357,524 $ 357,524 $ — $ 2,206,938 16.20%
<br /> 12/31/2018 $ 382,968 $ 382,968 $ — $ 2,364,000 16.20%
<br /> 12/31/2019 $ 433,917 $ 433,917 $ — $ 2,559,982 16.95%
<br /> 12/31/2020 $ 492,217 $ 492,217 $ — $ 2,780,887 17.70%
<br /> 12/31/2021 $ 541,368 $ 541,368 $ — $ 3,058,576 17.70%
<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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