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CITY OF LINO LAKES, MINNESOTA Statement 13 <br />REQUIRED SUPPLEMENTARY INFORMATION Page 2 of 2 <br />PERA SCHEDULE OF CITY'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY <br />Last Ten Fiscal Years <br />GERF 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 0.0410% 0.0432% <br />City's Proportionate Share of the Net Pension Liability $ 2,124,883 $ 2,039,320 <br />City's Covered -Employee Payroll $ 2,407,426 $ 2,240,493 <br />City's Proportionate Share of the Net Pension Liability as a Percentage of Its <br />Covered -Employee Payroll 88.26% 91.02% <br />Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 78.20% 78.70% <br />*The Amounts Presented for Each Fiscal Year were Determined as of 6/30. <br />GERF Schedule of City Contributions <br />Last Ten Fiscal Years 2015 2014 <br />Statutorily Required Contribution $ 182,102 $ 162,934 <br />Contributions in Relation to the Statutorily Required Contribution (182,102) (162,934) <br />Contribution Deficiency (Excess) $ - $ - <br />City's Covered -Employee Payroll $ 2,428,027 $ 2,247,366 <br />Contributions as a Percentage of Covered Employee Payroll 7.5% 7.25% <br />NOTE: Information prior to 2014 is not available <br />75 <br />