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CITY OF LINO LAKES, NIINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />SCHEDULE OF CHANGES IN THE NET PENSION LIABILITY AND RELATED RATIOS -
<br />LINO LAKES PUBLIC SAFETY DEPARTMENT - FIRE DIVISION
<br />For The Last Ten Years
<br />Fiscal year ending and measurement date - December 31
<br />Total pension liability:
<br />Service cost
<br />Interest on pension liability
<br />Changes of benefit terms
<br />Differences between expected and actual experience
<br />Changes of assumptions
<br />Changes in benefit level
<br />Benefit payments
<br />Net change in total pension liability
<br />Total pension liability - beginning
<br />Total pension liability - ending (a)
<br />Plan fiduciary net position:
<br />Contributions - employer
<br />Contributions - State of Minnesota
<br />Contributions - other
<br />Net investment income
<br />Benefit payments
<br />Administrative expense
<br />Net change in plan fiduciary net position
<br />Plan fiduciary net position - beginning
<br />Plan fiduciary net position - ending (b)
<br />Net pension liability/(asset) - ending (a) - (b)
<br />Plan fiduciary net position as a percentage of
<br />the total pension liability
<br />Covered payroll
<br />Net pension liability as a percentage of
<br />covered employee payroll
<br />Statement 16
<br />$67,890
<br />$46,865
<br />$52,320
<br />$48,182
<br />$47,952
<br />19,363
<br />19,051
<br />16,603
<br />8,754
<br />6,191
<br />59,354
<br />(81,734)
<br />(22,680)
<br />69,760
<br />(11,672)
<br />100,057
<br />246,664
<br />(15,818)
<br />46,243
<br />126,696
<br />42,471
<br />254,832
<br />270,650
<br />224,407
<br />97,711
<br />55,240
<br />$501,496
<br />$254,832
<br />$270,650
<br />$224,407
<br />$97,711
<br />137,872
<br />130,846
<br />121,630
<br />118,144
<br />113,797
<br />-
<br />-
<br />-
<br />64,869
<br />58,800
<br />83,292
<br />95,960
<br />78,063
<br />(18,696)
<br />9,153
<br />(707)
<br />(746)
<br />(694)
<br />(702)
<br />(572)
<br />220,457
<br />226,060
<br />198,999
<br />163,615
<br />181,178
<br />814,379
<br />588,319
<br />389,320
<br />225,705
<br />44,527
<br />$1,034,836
<br />$814,379
<br />$588,319
<br />$389,320
<br />$225,705
<br />($533,340)
<br />($559,547)
<br />($317,669)
<br />($164,913)
<br />($127,994)
<br />206%
<br />320%
<br />217%
<br />173%
<br />231%
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />N/A - the Lino Lakes Fire Department is comprised of paid on -call firefighters, whose pay does
<br />not meet the definition of covered payroll.
<br />The City created its own fire department in 2016. Therefore, information prior to 2016 is not available.
<br />Additional years will be reported as they become available.
<br />See accompanying notes to the required supplementary information.
<br />93
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