SCHEDULE OF THE UNIVERSITY'S PENSION CONTRIBUTIONS
KENTUCKY TEACHERS' RETIREMENT SYSTEM
JUNE 30, 2022
(AMOUNTS IN THOUSANDS)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Contractually required contribution | $ 1,865 | $ 2,074 | $ 1,941 | $ 1,815 | $ 1,730 | $ 1,879 | $ 1,773 | $ 2,059 | $ 2,483 |
|---|
| Contributions in relation to the contractually required contribution | $ 1,865 | $ 2,074 | $ 1,941 | $ 1,815 | $ 1,730 | $ 1,879 | $ 1,773 | $ 2,059 | $ 2,483 |
|---|
| Contribution deficiency (excess) | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- | $ -0- |
|---|
| Covered payroll | $ 11,744 | $ 13,060 | $ 12,222 | $ 11,429 | $ 10,894 | $ 11,832 | $ 11,164 | $ 12,965 | $ 15,635 |
|---|
| Contributions as a percentage of covered payroll | 15.88% | 15.88% | 15.88% | 15.88% | 15.88% | 15.88% | 15.88% | 15.88% | 15.88% |
|---|
94.