|
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
<br />Net Pension
<br />Proportionate
<br />Liability and
<br />City's
<br />Share of the
<br />the City's
<br />Proportionate
<br />Plan Fiduciary
<br />State of
<br />Share of the
<br />Share of the
<br />Net Position
<br />City's
<br />City's
<br />Minnesota's
<br />State of
<br />Net Pension
<br />as a
<br />PERA Fiscal
<br />Proportion
<br />Proportionate
<br />Proportionate
<br />Minnesota's
<br />Liability as a
<br />Percentage
<br />Year -End Date
<br />of the Net
<br />Share of the
<br />Share of the
<br />Share of the
<br />City's
<br />Percentage of
<br />of the Total
<br />City Fiscal
<br />(Measurement
<br />Pension
<br />Net Pension
<br />Net Pension
<br />Net Pension
<br />Covered
<br />Covered
<br />Pension
<br />Year -End Date
<br />Date)
<br />Liability
<br />Liability
<br />Liability
<br />Liability
<br />Payroll
<br />Payroll
<br />Liability
<br />12/31/2015
<br />06/30/2015
<br />0.0508%
<br />$ 21632,720
<br />$ —
<br />$ 216321720
<br />$
<br />219841866
<br />88.20%
<br />78.20%
<br />12/31/2016
<br />06/30/2016
<br />0.0508%
<br />$ 4,124,708
<br />$ 531908
<br />$ 4131781616
<br />$
<br />3,154,867
<br />130.74%
<br />68.90%
<br />12/31/2017
<br />06/30/2017
<br />0.0551%
<br />$ 3,51713550
<br />$ 441220
<br />$ 315611770
<br />$
<br />3,5501067
<br />99.08%
<br />75.90%
<br />12/31/2018
<br />06/30/2018
<br />0.0527%
<br />$ 2,923,581
<br />$ 95,848
<br />$ 310191429
<br />$
<br />3,542,360
<br />82.53%
<br />79.50%
<br />12/31/2019
<br />06/30/2019
<br />0.0530%
<br />$ 2,930,253
<br />$ 911163
<br />$ 310211416
<br />$
<br />3,7521320
<br />78.09%
<br />80.20%
<br />12/31/2020
<br />06/30/2020
<br />0.0566%
<br />$ 3,393,429
<br />$ 1041560
<br />$ 314971989
<br />$
<br />4,036,013
<br />84.08%
<br />79.10%
<br />12/31/2021
<br />06/30/2021
<br />0.0617%
<br />$ 2,63406
<br />$ 80,483
<br />$ 217151349
<br />$
<br />4,3131560
<br />61.08%
<br />87.00%
<br />12/31/2022
<br />06/30/2022
<br />0.0603%
<br />$ 4,775,781
<br />$ 14004
<br />$ 419151865
<br />$
<br />4,5181169
<br />105.70%
<br />76.70%
<br />PERA — General Employees Retirement Fund
<br />Schedule of City Contributions
<br />Contributions
<br />Contributions
<br />in Relation to
<br />as a
<br />Statutorily
<br />the Statutorily
<br />Contribution
<br />Percentage
<br />City Fiscal
<br />Required
<br />Required
<br />Deficiency
<br />Covered
<br />of Covered
<br />Year -End Date
<br />Contributions
<br />Contributions
<br />(Excess)
<br />Payroll
<br />Payroll
<br />12/31/2015
<br />$
<br />23804
<br />$ 23804
<br />$ —
<br />$
<br />3,173,387
<br />7.50%
<br />12/31/2016
<br />$
<br />247,279
<br />$ 247,279
<br />$ —
<br />$
<br />3,297,053
<br />7.50%
<br />12/31/2017
<br />$
<br />261J 17
<br />$ 261,117
<br />$ —
<br />$
<br />3,481,560
<br />7.50%
<br />12/31/2018
<br />$
<br />271,321
<br />$ 271XI
<br />$ —
<br />$
<br />3,617,613
<br />7.50%
<br />12/31/2019
<br />$
<br />293,639
<br />$ 293,639
<br />$ —
<br />$
<br />3,915,187
<br />7.50%
<br />12/31/2020
<br />$
<br />312,137
<br />$ 312,137
<br />$ —
<br />$
<br />4,161,827
<br />7.50%
<br />12/31/2021
<br />$
<br />330,724
<br />$ 330,724
<br />$ —
<br />$
<br />41409,653
<br />7.50%
<br />12/31/2022
<br />$
<br />346,788
<br />$ 346,788
<br />$ —
<br />$
<br />416245488
<br />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.
<br />99
<br />
|