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CITY OF LINO LAKES, NIINNESOTA
<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 />Statement 12
<br />City's
<br />City's
<br />Proportionate
<br />Proportionate
<br />Plan
<br />State's
<br />Share of the
<br />Share of the
<br />Fiduciary
<br />Proportionate
<br />Net Pension
<br />Net
<br />Net
<br />Share
<br />Liability
<br />Pension
<br />Position
<br />City's
<br />City's
<br />(Amount)
<br />and the State's
<br />Liability
<br />as a
<br />Proportionate
<br />Proportionate
<br />of the Net
<br />Proportionate
<br />as a
<br />Percentage
<br />Share
<br />Share (Amount)
<br />Pension
<br />Share of the Net
<br />Percentage
<br />of the
<br />Measurement Fiscal Year (Percentage) of
<br />of the Net
<br />Liability
<br />Pension Liability
<br />of its
<br />Total
<br />Date Ending the Net Pension
<br />Pension
<br />Associated
<br />Associated with Covered
<br />Covered
<br />Pension
<br />June 30, December 31, Liability
<br />Liability (a)
<br />with City (b)
<br />City (a+b) Payroll (c)
<br />Payroll ((a+b)/c)
<br />Liability
<br />2015
<br />2015
<br />0.0410%
<br />$2,124,883
<br />$ -
<br />$2,124,883
<br />$2,407,426
<br />88.3%
<br />78.2%
<br />2016
<br />2016
<br />0.0387%
<br />3,142,248
<br />41,033
<br />3,183,281
<br />2,401,546
<br />132.6%
<br />68.9%
<br />2017
<br />2017
<br />0.0414%
<br />2,642,949
<br />33,230
<br />2,676,179
<br />2,666,880
<br />100.3%
<br />75.9%
<br />2018
<br />2018
<br />0.0381%
<br />2,113,632
<br />69,419
<br />2,183,051
<br />2,563,053
<br />85.2%
<br />79.5%
<br />2019
<br />2019
<br />0.0398%
<br />2,200,453
<br />68,330
<br />2,268,783
<br />2,814,860
<br />80.6%
<br />80.2%
<br />2020
<br />2020
<br />0.0392%
<br />2,350,219
<br />72,457
<br />2,422,676
<br />2,797,444
<br />86.6%
<br />79.1%
<br />2021
<br />2021
<br />0.0391%
<br />1,669,745
<br />50,998
<br />1,720,743
<br />2,812,588
<br />61.2%
<br />87.0%
<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.
<br />
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