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05-26-2021 Council Packet
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05-26-2021 Council Packet
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2/9/2022 4:05:45 PM
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CITY OF LITTLE CANADA, MINNESOTA <br />PERA SCHEDULE OF THE CITY'S CONTRIBUTIONS <br />YEAR ENDED DECEMBER 31, 2020 <br />GERF Schedule of the City's Contributions * <br />2020 2019 2018 2017 2016 2015 2014 <br />Statutorily required contribution 96,929$ 85,748$ 86,397$ 84,726$ 80,064$ 84,688$ 81,379$ <br />Contributions in relation to the statutorily required (96,929)$ (85,748)$ (86,397)$ (84,726)$ (80,064)$ (84,688)$ (81,379)$ <br /> contribution <br />Contribution deficiency (excess)-$ -$ -$ -$ -$ -$ -$ <br />City's covered payroll 1,320,099$ 1,143,307$ 1,151,960$ 1,129,680$ 1,067,520$ 1,129,173$ 1,122,463$ <br />Contributions as a percentage of covered payroll 7.34%7.50%7.50%7.50%7.50%7.50%7.25% <br />*Ten years of data is not available but years will be added going forward until ten years are presented. <br />Contributions are as of 12/31 each year. <br />Measurement Date <br />90
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