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Schedule of Employer’s Share of PERA Net Pension Liability - General Employees Retirement Fund
<br />State's
<br />Proportionate
<br />City's Share of
<br />Proportionate the Net Pension
<br />Share of Liability City's
<br />Fiscal the Net Pension Associated with Covered
<br />Year Liability the City Total Payroll
<br />Ending (a)(b)(a+b)(c)
<br />6/30/2024 0.0211 %779,937$ 20,168$ 800,105$ 1,774,610$ 43.9 %86.7 %
<br />6/30/2023 0.0196 1,096,010 30,153 1,126,163 1,504,822 72.8 83.1
<br />6/30/2022 0.0186 1,473,126 43,311 1,516,437 1,400,113 105.2 76.7
<br />6/30/2021 0.0177 755,869 23,031 778,900 1,320,117 57.3 87.0
<br />6/30/2020 0.0168 1,007,237 31,027 1,038,264 1,117,085 90.2 79.0
<br />6/30/2019 0.0158 873,547 27,165 900,712 1,115,786 78.3 80.2
<br />6/30/2018 0.0172 954,185 31,362 985,547 567,317 168.2 79.5
<br />6/30/2017 0.0169 1,078,896 13,538 1,092,434 1,086,457 99.3 75.9
<br />6/30/2016 0.0177 1,437,152 - 1,437,152 1,109,852 129.5 68.9
<br />6/30/2015 0.0189 979,496 - 979,496 1,117,363 87.7 78.2
<br />Schedule of Employer’s PERA Contributions - General Employees Retirement Fund
<br />Contributions in
<br />Relation to the Contributions as
<br />Statutorily Statutorily Contribution City's a Percentage of
<br />Required Required Deficiency Covered Covered
<br />Year Contribution Contribution (Excess)Payroll Payroll
<br />Ending (a)(b)(a-b)(c)(b/c)
<br />12/31/2024 134,101$ 134,101$ -$ 1,788,010$ 7.50 %
<br />12/31/2023 125,287 125,287 - 1,670,492 7.50
<br />12/31/2022 106,757 106,757 - 1,423,423 7.50
<br />12/31/2021 99,331 99,331 - 1,324,414 7.50
<br />12/31/2020 92,962 92,962 - 1,239,488 7.50
<br />12/31/2019 84,535 84,535 - 1,127,135 7.50
<br />12/31/2018 83,868 83,868 - 1,118,242 7.50
<br />12/31/2017 84,726 84,726 - 1,129,680 7.50
<br />12/31/2016 80,064 80,064 - 1,067,520 7.50
<br />12/31/2015 84,688 84,688 - 1,129,173 7.50
<br />Proportionate
<br />City of Little Canada, Minnesota
<br />Required Supplementary Information
<br />For the Year Ended December 31, 2024
<br />City's
<br />Share of the
<br />Net Pension
<br />Liability as a Plan Fiduciary
<br />City's Percentage of Net Position
<br />Proportion of Covered as a Percentage
<br />the Net Pension Payroll of the Total
<br />Liability (a/c)Pension Liability
<br />90
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