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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 />Statement 15
<br />City's
<br />Proportionate
<br />State's
<br />Share of the
<br />Proportionate
<br />Net Pension
<br />Share
<br />Liability
<br />(Amount)
<br />and the State's
<br />Proportionate Share
<br />Proportionate
<br />of the Net
<br />Proportionate
<br />of the Net Pension
<br />Plan Fiduciary
<br />Proportion
<br />Share (Amount)
<br />Pension
<br />Share of the Net
<br />Liability as a
<br />Net Position as
<br />Measurement Fiscal Year (Percentage) of
<br />of the Net
<br />Liability
<br />Pension Liability
<br />Percentage of its
<br />a Percentage
<br />Date Ending the Net Pension
<br />Pension
<br />Associated
<br />Associated with
<br />Covered Covered
<br />of the Total
<br />June 30, December 31, Liability
<br />Liability (a)
<br />with City (b)
<br />City (a+b)
<br />Payroll (c) Payroll ((a+b)/c)
<br />Pension Liability
<br />2015
<br />2015
<br />0.2490%
<br />$2,829,223
<br />$
<br />$2,829,223
<br />$2,284,973
<br />123.8%
<br />86.6%
<br />2016
<br />2016
<br />0.2590%
<br />10,394,121
<br />10,394,121
<br />2,495,778
<br />416.5%
<br />63.9%
<br />2017
<br />2017
<br />0.2570%
<br />3,469,806
<br />3,469,806
<br />2,643,314
<br />131.3%
<br />85.4%
<br />2018
<br />2018
<br />0.2426%
<br />2,585,866
<br />2,585,866
<br />2,556,951
<br />101.1%
<br />88.8%
<br />2019
<br />2019
<br />0.2547%
<br />2,711,539
<br />2,711,539
<br />2,689,536
<br />100.8%
<br />89.3%
<br />2020
<br />2020
<br />0.2336%
<br />3,079,098
<br />72,537
<br />3,151,635
<br />2,638,619
<br />119.4%
<br />87.2%
<br />2021
<br />2021
<br />0.2234%
<br />1,724,411
<br />77,543
<br />1,801,954
<br />2,602,793
<br />69.2%
<br />93.7%
<br />2022
<br />2022
<br />0.2367%
<br />10,300,249
<br />450,081
<br />10,750,330
<br />2,875,683
<br />373.8%
<br />70.5%
<br />2023
<br />2023
<br />0.2303%
<br />3,976,982
<br />160,211
<br />4,137,193
<br />3,024,258
<br />136.8%
<br />86.5%
<br />2024
<br />2024
<br />0.2256%
<br />2,968,216
<br />113,147
<br />3,081,363
<br />3,124,186
<br />98.6%
<br />90.2%
<br />See accompanying notes to the required supplementary information.
<br />98
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