Institutional Federal Compliance Report 2021

146 • Required Supplementary Information _______________________________________________________________________ Upstate Plan

Schedule of Changes in the Net Pension Liability and Related Ratios June 30, 2018 (Amounts in millions) 2018 2017 2016

2015

Total pension liability: service cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . changes of assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . difference between expected and actual experience . . . . . . . . . . . . . . Benefit payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . net change in total pension liability . . . . . . . . . . . . . . . . . . . . . . . . . Total pension liability, beginning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total pension liability, ending (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . plan fiduciary net position: employer contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . net investment income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Benefit payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . net change in fiduciary net position . . . . . . . . . . . . . . . . . . . . . . . . . Fiduciary net position, beginning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fiduciary net position, ending (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . net pension liability, ending (a)-(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ ratio of fiduciary net position to total pension liability . . . . . . . . . . . . . . . covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ net pension liability as a percentage of covered payroll . . . . . . . . . . . . .

0.6 $

0.7 $

0.8 $

0.9 6.0 5.8 0.4

6.6 (0.6) 1.8 (9.2) (0.8)

6.6 (1.4) 0.3 (4.9)

6.5

—00000

1.0 (7.0)

(3.8)

1.3

1.3

9.3 94.0

105.9 105.1

104.6 105.9

103.3 104.6

103.3

2.0 15.6

2.8 7.4

2.0 (0.7) (7.0) (0.2) (5.9)

3.5 5.9

(9.2) (0.2)

(4.9) (0.1)

(3.8) (0.1)

8.2 95.4

5.2 90.2 95.4

5.5 90.6 96.1

96.1 90.2

103.6

1.5 $

10.5 $

14.4 $

7.2

98.6%

90.1%

86.3%

93.0% 33.6 21.3%

25.5 $

27.3 $

29.9 $

5.7%

38.4%

48.0%

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