Laserfiche WebLink
City of Elk River <br />Schedule of City's Proportionate Share <br />of Net Pension Liability - Public Employees Police and Fire Retirement Fund <br />Last Ten Years <br />City's <br />Proportionate <br />Share of the <br />Net Pension <br />City's <br />State's <br />Liability and <br />Proportionate <br />Proportionate <br />the State's <br />Share of the <br />Share <br />Proportionate <br />Net Pension <br />Plan Fiduciary <br />City's <br />(Amount) of <br />Share of the <br />Liability <br />Net Position as <br />City's <br />Proportionate <br />the Net Pension <br />Net Pension <br />(Asset) as a <br />a Percentage of <br />For Fiscal <br />Proportion of <br />Share of the <br />Liability <br />Liability <br />Percentage of <br />the Total <br />Year Ended <br />the Net Pension <br />Net Pension <br />Associated <br />Associated <br />City's Covered <br />its Covered <br />Pension <br />June 30, <br />Liability (Asset) <br />Liability (Asset) <br />with the City <br />with the City <br />Payroll <br />Payroll <br />Liability <br />2014 <br />0.2990% <br />$ 3,229,323 <br />$ <br />$ 3,229,323 <br />$ 2,440,932 <br />132.30% <br />86.61% <br />2015 <br />0.3040% <br />3,454,151 <br />3,454,151 <br />2,788,952 <br />123.85% <br />86.61% <br />2016 <br />0.3060% <br />12,280,312 <br />53,870 <br />12,334,182 <br />2,952,673 <br />415.90% <br />63.88% <br />2017 <br />0.3140% <br />4,239,374 <br />43,337 <br />4,282,711 <br />3,211,726 <br />132.00% <br />85.43% <br />2018 <br />0.3045% <br />3,245,656 <br />- <br />3,245,656 <br />3,220,233 <br />100.79% <br />88.84% <br />2019 <br />0.3175% <br />3,380,110 <br />- <br />3,380,110 <br />3,352,444 <br />100.83% <br />89.26% <br />2020 <br />0.2998% <br />3,951,685 <br />93,106 <br />4,044,791 <br />3,390,212 <br />116.56% <br />87.19% <br />2021 <br />0.3115% <br />2,404,450 <br />108,129 <br />2,512,579 <br />3,682,040 <br />65.30% <br />93.66% <br />2022 <br />0.3277% <br />14,260,210 <br />622,936 <br />14,883,146 <br />3,981,040 <br />358.20% <br />70.53% <br />Note: Schedule is intended to show ten year trend. Additional years will be reported as they become available. <br />See Notes to Required Supplementary Information. 103 <br />