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2021 CAFR
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2021 CAFR
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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% o $ 2.632.720 $ - $ 2.632.720 $ 2.984.866 88.20% 0 78.20% <br />o <br />12/31/2016 06/30/2016 0.0508% o $ 4.124.708 $ 53.908 $ 4.178.616 $ 3.154.867 130.74% 0 68.90% <br />o <br />12/31/2017 06/30/2017 0.0551% o $ 3.517.550 $ 44.220 $ 3.561.770 $ 3.550.067 99.08% 0 75.90% <br />o <br />12/31/2018 06/30/2018 0.0527% o $ 2.923.581 $ 95.848 $ 3.019.429 $ 3.542.360 82.53% 0 79.50% <br />o <br />12/31/2019 06/30/2019 0.0530% o $ 2.930.253 $ 91.163 $ 3.021.416 $ 3.752.320 78.09% 0 80.20% <br />o <br />12/31/2020 06/30/2020 0.0566% o $ 3.393.429 $ 104.560 $ 3.497.989 $ 4.036.013 84.08% 0 79.10% <br />o <br />12/31/2021 06/30/2021 0.0617% o $ 2.634.866 $ 80.483 $ 2.715.349 $ 4.313.560 61.08% 0 87.00% <br />o <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°0 <br />12/31/2018 $ 271.321 $ 271.321 $ $ 3.617.613 7.50°0 <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°0 <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 />
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