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CITY OF LITTLE CANADA, MINNESOTA PERA SCHEDULE OF THE CITY’S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY YEAR ENDED DECEMBER 31, 2022 (74) Measurement Measurement Measurement Measurement Measurement Measurement Measurement Measurement MeasurementDate 6/30/2022 Date 6/30/2021 Date 6/30/2020 Date 6/30/2019 Date 6/30/2018 Date 6/30/2017 Date 6/30/2016 Date 6/30/2015 Date 6/30/2014City’s Proportion of the Net Pension Liability0.0186% 0.0177% 0.0168% 0.0158% 0.0172% 0.0169% 0.0177% 0.0189% 0.0209%City’s Proportionate Share of the Net Pension Liability1,473,127$ 755,868$ 1,007,236$ 873,546$ 954,185$ 1,078,886$ 1,437,152$ 979,496$ 981,777$ State’s Proportionate Share of the Net Pension LiabilityAssociated with the City 43,311 23,031 31,027 27,165 31,362 13,538 - - - Total1,516,438$ 778,899$ 1,038,263$ 900,711$ 985,547$ 1,092,424$ 1,437,152$ 979,496$ 981,777$ City’s Covered Payroll1,400,107$ 1,320,114$ 1,197,694$ 1,118,348$ 1,160,624$ 1,086,457$ 1,109,852$ 1,117,363$ 1,099,159$ City’s Proportionate Share of the Net Pension Liability as a Percentage of its Covered Payroll105.22% 57.26% 84.10% 78.11% 82.21% 99.30% 129.49% 87.66% 89.32%Plan Fiduciary Net Position as a Percentage of the Total Pension Liability76.70% 87.00% 79.10% 80.23% 79.53% 75.90% 68.90% 78.20% 78.70% Ten years of data is not yet available but years will be added going forward until ten years are presented. * The Amounts Presented for Each Fiscal Year were Determined as of 6/30.
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