Laserfiche WebLink
<br />74 <br />CITY OF LINO LAKES, MINNESOTA Statement 13 <br />REQUIRED SUPPLEMENTARY INFORMATION Page 1 of 2 <br />PERA SCHEDULE OF CITY'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY <br />Last Ten Fiscal Years <br />PEPFF Schedule of the City's Proportionate Share of the Net Pension Liability <br />Last Ten Fiscal Years* <br />Measurement Measurement <br />Date 6/30/2015 Date 6/30/2014 <br />City's Proportion of the Net Pension Liability 0.2490% 0.2490% <br />City's Proportionate Share of the Net Pension Liability 2,829,223$ 2,029,320$ <br />City's Covered-Employee Payroll 2,284,973$ 2,236,463$ <br />City's Proportionate Share of the Net Pension Liability as a Percentage of Its <br />Covered-Employee Payroll 123.82% 90.74% <br />Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 86.61% 87.10% <br />*The Amounts Presented for Each Fiscal Year were Determined as of 6/30. <br />PEPFF Schedule of City Contributions <br />Last Ten Fiscal Years 2015 2014 <br />Statutorily Required Contribution 393,551$ 314,426$ <br />Contributions in Relation to the Statutorily Required Contribution (393,551) (314,426) <br />Contribution Deficiency (Excess) -$ -$ <br />City's Covered-Employee Payroll 2,429,327$ 2,055,072$ <br />Contributions as a Percentage of Covered Employee Payroll 16.20% 15.30% <br />NOTE: Information prior to 2014 is not available <br /> <br /> <br /> <br />