Institutional Federal Compliance Report 2021
____________________________________________________________________________________________ STATE OF NEW YORK • 149 Schedule of Employer Contributions for NYCERS June 30, 2018 (Amounts in millions) 2018 2017 2016 2015 contractually required contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 44.8 $ 38.8 $ 42.0 $ 38.6 contributions in relation to the contractually required contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44.8 38.8 42.0 38.6 contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ —00000 $ —00000 covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 238.4 $ 223.0 $ 217.1 $ 214.2 contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . . 18.80% 17.42% 19.34% 18.01% Schedule of Employer Contributions for NYCTRS June 30, 2018 (Amounts in millions) 2018 2017 2016 2015 contractually required contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 102.1 $ 84.6 $ 102.9 $ 84.5 contributions in relation to the contractually required contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102.1 84.6 102.9 84.5 contribution deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ —00000 $ —00000 $ —00000 $ —00000 covered employee payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 211.3 $ 179.8 $ 189.8 $ 175.0 contributions as a percentage of covered payroll . . . . . . . . . . . . . . . . . . 48.32% 47.04% 54.22% 48.27% See independent auditors’ report. Schedule is intended to display ten years of information. Additional years will be displayed as they become available.
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