Schedule of Kentucky State University's (KSU) Proportionate Share of the Net Pension Liability
Kentucky Employees Retirement System
(amounts in thousands)
2016 2015
KSU's proportion of the net pension liability $ 29,408 $ 28,555
KSU's proportionate share of the net pension liability 0.29% 0.32%
KSU's covered-employee payroll $ 3,585 $ 5,262
KSU's proportionate share of the net pension liability as a share of its covered employee payroll 820.25% 542.60%
Plan fiduciary net position as a percentage of total pension liability 18.83% 22.32%
Schedule of Kentucky State University’s Contribution
Kentucky Employees Retirement System
(amounts in thousands)
| 2016 | 2015 |
|---|
| Contractually required contribution | $ 1,390 | $ 1,953 |
|---|
| Contributions in relation to the contractually required contribution | $ 1,390 | $ 1,953 |
|---|
| Contribution deficiency (excess) | $ - | $ - |
|---|
| KSU covered-employee payroll | $ 3,585 | $ 5,263 |
|---|
| Contributions as a percentage of covered-employee payroll | | 38.77% |
|---|
Schedule of Kentucky State University's (KSU) Proportionate Share of the Net Pension Liability
Kentucky Teachers' Retirement System
(amounts in thousands)
2016 2015
KSU's proportion of the net pension liability $ 63,956 $ 64,987
KSU's proportionate share of the net pension liability 0.23% 0.30%
State's proportionate share of the collective net pension liability $ 6,503 $ 7,374
KSU's covered-employee payroll $ 14,212 $ 20,169
KSU's proportionate share of the net pension liability as a share of its covered employee payroll 450.01% 322.22%
Plan fiduciary net position as a percentage of total pension liability 42.49% 45.59%