SCHEDULE OF THE UNIVERSITY'S PENSION CONTRIBUTIONS
KENTUCKY EMPLOYEES' RETIREMENT SYSTEM
JUNE 30, 2022
(AMOUNTS IN THOUSANDS)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Contractually required contribution | $ 2,466 | $ 1,649 | $ 1,867 | $ 1,789 | $ 1,471 | $ 1,516 | $ 1,312 | $ 1,515 | $ 1,432 |
|---|
| Contributions in relation to the contractually required contribution | $ 2,466 | $ 1,649 | $ 1,867 | $ 1,789 | $ 1,471 | $ 1,516 | $ 1,312 | $ 1,515 | $ 1,432 |
|---|
| Contribution deficiency (excess) | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- |
|---|
| Covered payroll | $ 3,707 | $ 4,015 | $ 4,548 | $ 4,358 | $ 3,583 | $ 3,888 | $ 4,321 | $ 5,390 | $ 5,345 |
|---|
| Contributions as a percentage of covered payroll | 66.52% | 41.07% | 41.05% | 41.05% | 41.05% | 38.99% | 30.36% | 28.11% | 26.79% |
|---|
| Hazardous | | | | | | | | | |
|---|
| 2022 | 2021 | 2020 | 2019 | 2018 | | | | |
|---|
| Contractually required contribution | $ 68 | 65 | $ 32 | $ 35 | $ 61 | | | | |
|---|
| Contributions in relation to the contractually required contribution | $ 68 | 65 | $ 32 | $ 35 | $ 61 | | | | |
|---|
| Contribution deficiency (excess) | $ -0- | -0- | $ -0- | $ -0- | $ -0- | | | | |
|---|
| Covered payroll | $ 205 | 179 | $ 106 | $ 114 | $ 309 | | | | |
|---|
| Contributions as a percentage of covered payroll | 33.17% | 36.31% | 30.19% | 30.70% | 19.74% | | | | |
|---|
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.
91.