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CITY OF LINO LAKES, MINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY -
<br />GENERAL EMPLOYEES RETIREMENT FUND
<br />For The Last Ten Years
<br />State's
<br />Proportionate
<br />Share
<br />City's City's {Amount)
<br />Proportionate Proportionate oftheNet
<br />Share Share {Amount) Pension
<br />Measurement Fiscal Year {Pereentage)of oftheNet Liability
<br />Date Ending the Net Pension Pension Associmd
<br />J~ December31 1 Liabili!}:: Liabil~~a} withC!!): \b)
<br />2015 2015 0.0410% $2,124,883 $ •
<br />2016 2016 0.0387% 3,142,248 41,033
<br />2017 2017 0.0414% 2,642,949 33,230
<br />2018 2018 0.0381% 2,113,632 69,419
<br />2019 2019 0.0398% 2,200,453 68,330
<br />City's
<br />Proportionate
<br />Shareofthe
<br />Net Pension
<br />_Liability
<br />and the State's
<br />Proportionate
<br />Share of the Net
<br />Pension Liability
<br />Associated with Covered
<br />Ci!J'.{a+b) P~ll(c)
<br />$2,124,883 $2,407,426
<br />3,183,281 2,401,546
<br />2,676,179 2,666,880
<br />2,183,051 2,563,053
<br />2,268,783 2,814,860
<br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 201 S and is intended to
<br />show a ten year trend. Additional years will be reported as they become available.
<br />See accompanying notes to the required supplementary information.
<br />City's
<br />Proportionate Plan
<br />Share of the Fiduciary
<br />Net Net
<br />Pension Position
<br />Liability ... ... Pereentage
<br />Pen:entage ofthe
<br />ofits Total
<br />Covered Pension
<br />Pal!!!II (!a+b),'.c) Liabilicy
<br />88.3% 78.2%
<br />132.6% 68.9%
<br />100.3% 15.9%
<br />85.2% 19.5%
<br />80.6% 80.2%
<br />CITY OF LINO LAKES, MINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />SCHEDULE OF PENSION CONTRIBUTIONS -GENERAL EMPLOYEES RETIREMENT FUND
<br />For The Last Ten Years
<br />Statutorily Contributions in Contribution
<br />Fiscal Year Required Relation to the Deficiency Covered
<br />Ending Contribution Statutorily Required · (Excess) Payroll
<br />December 31,_____ (a) Contribution ~l (a-b) (c)
<br />2015 $182,102 $182,102 $ $2,428,027
<br />2016 193,684 193,684 2,582,452
<br />2017 192,510 192,510 2,566,800
<br />2018 202,526 202,526 2,700,347
<br />2019 208,807 208,807 2,784,089
<br />Contributions as a
<br />Percentage of
<br />Covered
<br />Payroll~c)
<br />7.5%
<br />7.5%
<br />7.5%
<br />7.5%
<br />7.5%
<br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2015 and is intended to
<br />show a ten year trend. Additional years will be reported as they become available.
<br />See accompanying notes to the required supplementary information. IV-41
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