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CITY OF LINO LAKES, MINNESOTA
<br />REQUIRED SUPPLEMENTARY INFORMATION Statement 13
<br />SCHEDULE OF PROPORTIONATE SHARE OF NET PENSION LIABILITY -
<br />GENERAL EMPLOYEES RETIREMENT FUND
<br />For The Last Ten Years
<br />City's City's
<br /> Proportionate Proportionate Plan
<br />State's Share of the Share of the Fiduciary
<br />Proportionate Net Pension Net Net
<br />Share Liability Pension Position
<br />City's City's (Amount) and the State's Liability as a
<br />Proportionate Proportionate of the Net Proportionate as a Percentage
<br />Share Share (Amount) Pension Share of the Net Percentage of the
<br />Measurement Fiscal Year (Percentage) of of the Net Liability Pension Liability of its Total
<br />Date Ending the Net Pension Pension Associated Associated with Covered Covered Pension
<br />June 30, December 31, Liability Liability (a) with City (b) City (a+b) Payroll (c) Payroll ((a+b)/c) Liability
<br />2015 2015 0.0410% $2,124,883 $ - $2,124,883 $2,407,426 88.3% 78.2%
<br />2016 2016 0.0387% 3,142,248 41,033 3,183,281 2,401,546 132.6% 68.9%
<br />2017 2017 0.0414% 2,642,949 33,230 2,676,179 2,666,880 100.3% 75.9%
<br />2018 2018 0.0381% 2,113,632 69,419 2,183,051 2,563,053 85.2% 79.5%
<br />2019 2019 0.0398% 2,200,453 68,330 2,268,783 2,814,860 80.6% 80.2%
<br />2020 2020 0.0392% 2,350,219 72,457 2,422,676 2,797,444 86.6% 79.1%
<br />2021 2021 0.0391% 1,669,745 50,998 1,720,743 2,812,588 61.2% 87.0%
<br />2022 2022 0.0428% 3,389,774 99,480 3,489,254 3,208,575 108.7% 76.7%
<br />2023 2023 0.0505% 2,823,903 77,857 2,901,760 4,018,380 72.2% 83.1%
<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.
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