|
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°/u $ 2,374,729 $ — $ 2,374,729 $ 1,917,443 123.85°/o 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"/o
<br />12/31/2021 06/30/2021 0.2447% $ 1,888,825 $ 84,916 $ 1,973,741 $ 2,891,892 65.310/u 93.70%
<br />12/31/2022 06/30/2022 0.2573% $ 11,196,681 $ 489,060 $ 11,685,741 $ 3,125,648 358.22% 70.50%
<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 1620%
<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 />12/31/2022 $ 553,715 $ 553,715 $ $ 3,128,333 17.70%
<br />Note 1: The City implemented GASB Statement No. 68 in fisca12015. This information is not available for previous fiscal years. Aditional years'
<br />information will be displayed as it becomes available.
<br />100
<br />
|