KENTUCKY STATE UNIVERSITY SCHEDULE OF THE UNIVERSITY'S OPEB CONTRIBUTIONS KENTUCKY EMPLOYEES' RETIREMENT SYSTEM (CONTINUED) JUNE 30, 2024 (AMOUNTS IN THOUSANDS) (SEE INDEPENDENT AUDITORS' REPORT)
Nonhazardous20242023202220212020201920182017
Contractually Required Contribution$ 260$ 477$ 323$ 337$ 394$ 375$ 301$ 314
Contributions in Relation to the Contractually Required Contribution$ 260$ 477$ 323$ 337$ 394$ 375$ 301$ 314
Contribution Deficiency (Excess)$ -$ -$ -$ -$ -$ -$ -$ -
Covered Payroll$ 2,428$ 3,225$ 3,707$ 4,016$ 4,548$ 4,358$ 3,583$ 3,734
Contributions as a Percentage of Covered Payroll10.71%14.79%8.71 %8.39 %8.66 %8.60 %8.40 %8.41 %
Hazardous2024202320222021202020192018
Contractually Required Contribution$ 0.5$ -$ -$ -$ 7$ 7$ 12
Contributions in Relation to the Contractually Required Contribution$ 0.5$ -$ -$ -$ 7$ 7$ 12
Contribution Deficiency (Excess)$ -$ -$ -$ -$ -$ -$ -
Covered Payroll$ 193$ 182$ 205$ 179$ 106$ 114$ 309
Contributions as a Percentage of Covered Payroll0.26%- %- %- %6.60%6.14%3.88%
Note: These are 10-year schedules. However, the information in this schedule is not required to be presented retroactively. Years will be added to this schedule in future fiscal years until 10-years of information is available.