Institutional Federal Compliance Report 2021

____________________________________________________________________________________________ STATE OF NEW YORK • 143

PENSION PLANS (unaudited)

Schedule of Proportionate Share of the Net Pension Liability for the New York State and Local Employees’ Retirement System

March 31, 2019 (Amounts in millions) 2019

2018

2017

2016

state’s proportion of the net pension liability . . . . . . . . . . . . . . . . . . . . . . state’s proportionate share of the net pension liability . . . . . . . . . . . . . . . $ covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ state’s proportionate share of the net pension liability as a percentage of covered payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . plan’s fiduciary net position as a percentage of the total pension liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

45.39%

45.80%

45.10%

44.46% 1,501 10,236

1,465 $ 11,511 $

4,297 $ 11,112 $

7,217 $ 10,188 $

12.73%

38.67%

70.84%

14.67%

98.24%

94.70%

90.68%

97.95%

Schedule of Proportionate Share of the Net Pension Liability for the New York State and Local Police and Fire Retirement System

March 31, 2019 (Amounts in millions) 2019

2018

2017

2016

state’s proportion of the net pension liability . . . . . . . . . . . . . . . . . . . . . . state’s proportionate share of the net pension liability . . . . . . . . . . . . . . . $ covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ state’s proportionate share of the net pension liability as a percentage of covered payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . plan’s fiduciary net position as a percentage of the total pension liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20.80%

21.10%

19.13%

19.04%

210 $ 777 $

437 $ 695 $

566 $ 615 $

52 620

27.03%

62.88%

92.08%

8.45%

96.93%

93.46%

90.24%

99.03%

See independent auditors’ report. Schedule is intended to display ten years of information. Additional years will be displayed as they become available.