Institutional Federal Compliance Report 2021

144 • Required Supplementary Information _______________________________________________________________________ Schedule of Employer Contributions for the New York State and Local Employees’ Retirement System

March 31, 2019 (Amounts in millions) 2019

2018

2017

2016

contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions in relation to the contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1,603 $

1,636 $

1,585 $

1,816

1,603

1,636

1,585

1,478

contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ —00000 $

338

covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . .

11,684 $

11,511 $

11,112 $

10,188 14.51%

13.72%

14.21%

14.26%

Schedule of Employer Contributions for the New York State and Local Police and Fire Retirement System

March 31, 2019 (Amounts in millions) 2019

2018

2017

2016

contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions in relation to the contractually determined contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

168 $

166 $

152 $

142

168

166

152

124

contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ —00000 $

18

covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . .

775 $

777 $

695 $

615

21.68%

21.36%

21.87%

20.20%

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