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CITY OF MOUNDS VIEW
<br />PERA — General Employees Retirement Fund
<br />Schedule of City's and Nonemployer Proportionate Share of Net Pension Liability
<br />Year Ended December 31, 2023
<br />Proportionate
<br />Share of the
<br />City's
<br />Net Pension
<br />Proportionate
<br />Liability and
<br />City's
<br />Share of the
<br />the City's
<br />Proportionate
<br />Plan Fiduciary
<br />State of
<br />Share of the
<br />Share of the
<br />Net Position
<br />City's
<br />City's
<br />Minnesota's
<br />State of
<br />Net Pension
<br />as a
<br />PERA Fiscal
<br />Proportion
<br />Proportionate
<br />Proportionate
<br />Minnesota's
<br />Liability as a
<br />Percentage
<br />Year -End Date
<br />of the Net
<br />Share of the
<br />Share of the
<br />Share of the
<br />City's
<br />Percentage of
<br />of the Total
<br />City Fiscal (Measurement
<br />Pension
<br />Net Pension
<br />Net Pension
<br />Net Pension
<br />Covered
<br />Covered
<br />Pension
<br />Year -End Date Date)
<br />Liability
<br />Liability
<br />Liability
<br />Liability
<br />Payroll
<br />Payroll
<br />Liability
<br />12/31/2015
<br />06/30/2015
<br />0.0325%
<br />$
<br />1,684,318
<br />$
<br />—
<br />$
<br />1,684,318
<br />$
<br />1,910,660
<br />88.15%
<br />78.20%
<br />12/31/2016
<br />06/30/2016
<br />0.0320%
<br />$
<br />2,598,241
<br />$
<br />33,915
<br />$
<br />2,632,156
<br />$
<br />1,985,281
<br />130.88%
<br />68.90%
<br />12/31/2017
<br />06/30/2017
<br />0.0302%
<br />$
<br />1,927,948
<br />$
<br />24,234
<br />$
<br />1,952,182
<br />$
<br />1,944,862
<br />99.13%
<br />75.90%
<br />12/31/2018
<br />06/30/2018
<br />0.0267%
<br />$
<br />1,481,207
<br />$
<br />48,629
<br />$
<br />1,529,836
<br />$
<br />1,794,854
<br />82.53%
<br />79.50%
<br />12/31/2019
<br />06/30/2019
<br />0.0289%
<br />$
<br />1,597,817
<br />$
<br />49,665
<br />$
<br />1,647,482
<br />$
<br />2,045,469
<br />78.11%
<br />80.20%
<br />12/31/2020
<br />06/30/2020
<br />0.0279%
<br />$
<br />1,672,732
<br />$
<br />51,652
<br />$
<br />1,724,384
<br />$
<br />1,989,399
<br />84.08%
<br />79.10%
<br />12/31/2021
<br />06/30/2021
<br />0.0307%
<br />$
<br />1,311,028
<br />$
<br />40,115
<br />$
<br />1,351,143
<br />$
<br />2,208,105
<br />59.37%
<br />87.00%
<br />12/31/2022
<br />06/30/2022
<br />0.0348%
<br />$
<br />2,756,171
<br />$
<br />80,757
<br />$
<br />2,836,928
<br />$
<br />2,605,367
<br />105.79%
<br />76.70%
<br />12/31/2023
<br />06/30/2023
<br />0.0334%
<br />$
<br />1,867,690
<br />$
<br />51,455
<br />$
<br />1,919,145
<br />$
<br />2,653,639
<br />70.38%
<br />83.10%
<br />PERA — General Employees Retirement Fund
<br />Schedule of City Contributions
<br />Year Ended December 31, 2023
<br />City Fiscal
<br />Year -End Date
<br />Statutorily
<br />Required
<br />Contributions
<br />Contributions
<br />in Relation to
<br />the Statutorily
<br />Required
<br />Contributions
<br />Contribution
<br />Deficiency
<br />(Excess)
<br />Covered
<br />Payroll
<br />Contributions
<br />as a
<br />Percentage
<br />of Covered
<br />Payroll
<br />12/31/2015
<br />$
<br />145,092
<br />$ 145,092
<br />$ —
<br />$
<br />1,934,560
<br />7.50%
<br />12/31/2016
<br />$
<br />147,699
<br />$ 147,699
<br />$ —
<br />$
<br />1,969,324
<br />7.50%
<br />12/31/2017
<br />$
<br />139,833
<br />$ 139,833
<br />$ —
<br />$
<br />1,864,442
<br />7.50%
<br />12/31/2018
<br />$
<br />142,769
<br />$ 142,769
<br />$ —
<br />$
<br />1,903,591
<br />7.50%
<br />12/31/2019
<br />$
<br />152,838
<br />$ 152,838
<br />$ —
<br />$
<br />2,037,843
<br />7.50%
<br />12/31/2020
<br />$
<br />160,346
<br />$ 160,346
<br />$ —
<br />$
<br />2,137,943
<br />7.50%
<br />12/31/2021
<br />$
<br />179,261
<br />$ 179,261
<br />$ —
<br />$
<br />2,390,141
<br />7.50%
<br />12/31/2022
<br />$
<br />194,901
<br />$ 194,901
<br />$ —
<br />$
<br />2,598,681
<br />7.50%
<br />12/31/2023
<br />$
<br />205,124
<br />$ 205,124
<br />$ —
<br />$
<br />2,734,980
<br />7.50%
<br />Note: The City implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). This schedule is intended to present
<br />10-year trend information. Additional years will be added as they become available.
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