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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 />74 <br />