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CITY OF LINO LAKES, MINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY·
<br />PUBLIC EMPLOYEES POLICE AND FIRE FUND
<br />For The Last Ten Years
<br />Proportionate
<br />Proportion Share (Amoont)
<br />Measurement Fiscal Year (Percentage) of of the Net
<br />Date Ending the Net Pension Pension
<br />}~ December 31, Liabili~ Liabili~(•l
<br />2015 2015 0.2490% $2,829,223
<br />2016 2016 0.2590% 10,394,121
<br />2017 2017 0.2570% 3,469,806
<br />2018 2018 0.2426% 2,585,866
<br />2019 2019 0.2547% 2,711,539
<br />Proportionate Share
<br />of the Net Pension
<br />Liability as a
<br />Percentage of i1s
<br />Covered Covered
<br />Pal'.!:211 Q!l Pal'.!:211 (a/bl
<br />$2,284,973 123.8%
<br />2,495,778 416.5%
<br />2,643,314 131.3%
<br />2,556,951 101.1%
<br />2,689,536 100.8%
<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 supplementmy infonnation.
<br />Plan Fiduciary
<br />Net Position as
<br />a Percenmge
<br />of the Total
<br />Pension Liabili~
<br />86.6%
<br />63.9%
<br />85.4%
<br />88.8%
<br />89.3%
<br />CITY OF LINO LAKES, MINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />SCHEDULE OF PENSION CONTRIBUTIONS • PUBLIC EMPLOYEES POLICE AND FIRE 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 Q!l ~a-b) ~c)
<br />2015 $393,551 $393,551 $ $2,429,327
<br />2016 424,970 424,970 2,623,271
<br />2017 416,665 416,665 2,572,006
<br />2018 420,821 420,821 2,597,660
<br />2019 452,731 452,731 2,670,979
<br />Contributions as a
<br />Percentage of
<br />Covered
<br />Pa;!!oll Q!!c)
<br />16.20%
<br />16.20%
<br />16.20%,
<br />16.20%,
<br />16.95%
<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-42
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