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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
<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 />0.2090%
<br />$ 2,374,729
<br />$ —
<br />$ 213741729
<br />$
<br />119171443
<br />123.85%
<br />86.60%
<br />12/31/2016
<br />06/30/2016
<br />0.2080%
<br />$ 8,3471402
<br />$ —
<br />$ 813471402
<br />$
<br />21000,574
<br />417.25%
<br />63.90%
<br />12/31/2017
<br />06/30/2017
<br />0.2190%
<br />$ 2,95613761
<br />$ —
<br />$ 219561761
<br />$
<br />2,2431957
<br />131.77%
<br />85.40%
<br />12/31/2018
<br />06/30/2018
<br />0.2161%
<br />$ 2,303,404
<br />$ —
<br />$ 2,3031404
<br />$
<br />2,277,516
<br />101.14%
<br />88.80%
<br />12/31/2019
<br />06/30/2019
<br />0.2331%
<br />$ 2,481,585
<br />$ —
<br />$ 214811585
<br />$
<br />2,4581454
<br />100.94%
<br />89.30%
<br />12/31/2020
<br />06/30/2020
<br />0.2397%
<br />$ 3,159,502
<br />$ 741418
<br />$ 312331920
<br />$
<br />2,703,294
<br />116.88%
<br />87.20%
<br />12/31/2021
<br />06/30/2021
<br />0.2447%
<br />$ 108,825
<br />$ 84,916
<br />$ 119731741
<br />$
<br />2,8911892
<br />65.31%
<br />93.70%
<br />12/31/2022
<br />06/30/2022
<br />0.2573%
<br />$ 11519601
<br />$ 489,060
<br />$ 1116851741
<br />$
<br />3,1251648
<br />358.22%
<br />70.50%
<br />PERA — Public Employees Police and Fire 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 />$ 326,419
<br />$ 326,419
<br />$ —
<br />$
<br />2,014,315
<br />16.20%
<br />12/31/2016
<br />$ 339,699
<br />$ 339,699
<br />$ —
<br />$
<br />2,096,907
<br />16.20%
<br />12/31/2017
<br />$ 357,524
<br />$ 357,524
<br />$ —
<br />$
<br />2,206,938
<br />16.20%
<br />12/31/2018
<br />$ 382,968
<br />$ 382,968
<br />$ —
<br />$
<br />2,36400
<br />16.20%
<br />12/31/2019
<br />$ 433,917
<br />$ 433,917
<br />$ —
<br />$
<br />2,559,982
<br />16.95%
<br />12/31/2020
<br />$ 492,217
<br />$ 492,217
<br />$ —
<br />$
<br />2,78007
<br />17.70%
<br />12/31/2021
<br />$ 541,368
<br />$ 541,368
<br />$ —
<br />$
<br />310585576
<br />17.70%
<br />12/31/2022
<br />$ 553,715
<br />$ 553,715
<br />$ —
<br />$
<br />311285333
<br />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.
<br />100
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