Institutional Federal Compliance Report 2021
136 • Required Supplementary Information _______________________________________________________________________ Schedule of Employer Contributions for the New York State and Local Employees’ Retirement System
March 31, 2018 (Amounts in millions)
2018
2017
2016
contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions in relation to the contractually determined contribution . . . . . . . . . . . . . . . . . . $
1,636 $ 1,636 $
1,585 $ 1,585 $
1,816 1,478 338 10,188 14.51%
contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,511 $ 11,112 $ contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.21% 14.26%
Schedule of Employer Contributions for the New York State and Local Police and Fire Retirement System
March 31, 2018 (Amounts in millions)
2018
2017
2016
contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions in relation to the contractually determined contribution . . . . . . . . . . . . . . . . . . $
166 $ 166 $
152 $ 152 $
142 124 18 615
contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 777 $ 695 $ contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21.36% 21.87% See independent auditors’ report. Schedule is intended to display ten years of information. Additional years will be displayed as they become available.
20.20%
Made with FlippingBook Annual report