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06-24-2019 Council Packet
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06-24-2019 Council Packet
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7/8/2019 2:05:42 PM
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CITY OF LITTLE CANADA, MINNESOTA <br />PERA SCHEDULE OF THE CITY CONTRIBUTIONS <br />YEAR ENDED DECEMBER 31, 2018 <br /> <br /> <br /> <br />(75) <br /> <br />GERF Schedule of City Contributions <br />Last Four Fiscal Years <br />2018 2017 2016 2015 2014 <br />Statutorily Required Contribution 86,397$ 84,726$ 80,064$ 84,688$ 81,379$ <br />Contributions in Relation to the Statutorily Required Contribution (86,397) (84,726) (80,064) (84,688) (81,379) <br />Contribution Deficiency (Excess) -$ -$ -$ -$ -$ <br />City’s Covered Payroll 1,151,960$ 1,129,680$ 1,067,520$ 1,129,173$ 1,122,463$ <br />Contributions as a Percentage of Covered Payroll 7.50% 7.50% 7.50%7.50% 7.25% <br />Ten years of data is not yet available but years will be added going forward until ten years are presented. <br /> <br />
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