KENTUCKY STATE UNIVERSITY
SCHEDULE OF THE UNIVERSITY'S PENSION CONTRIBUTIONS
KENTUCKY EMPLOYEES' RETIREMENT SYSTEM
June 30, 2021
(Amounts in thousands)
Non-hazardous
| Contractually required contribution | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| $ 1,649 | $ 1,867 | $ 1,789 | $ 1,471 | $ 1,516 | $ 1,312 | $ 1,515 |
|---|
| Contributions in relation to the contractually required contribution | $ 1,649 | $ 1,867 | $ 1,789 | $ 1,471 | $ 1,516 | $ 1,312 | $ 1,515 |
|---|
| Contribution deficiency (excess) | $ - | $ - | $ - | $ - | $ - | $ - | $ - |
|---|
| KSU covered payroll | $ 4,015 | $ 4,548 | $ 4,358 | $ 3,583 | $ 3,888 | $ 4,321 | $ 5,390 |
|---|
| Contributions as a percentage of covered payroll | 41.07% | 41.05% | 41.05% | 41.05% | 38.99% | 30.36% | 28.11% |
|---|
| Hazardous Contractually required contribution | 2021 | 2020 | 2019 | 2018 | | | |
|---|
| $ 65 | $ 32 | $ 35 | $ 61 | | | |
|---|
| Contributions in relation to the contractually required contribution | $ 65 | $ 32 | $ 35 | $ 61 | | | |
|---|
| Contribution deficiency (excess) | $ - | $ - | $ - | $ - | | | |
|---|
| KSU covered payroll | $ 179 | $ 106 | $ 114 | $ 309 | | | |
|---|
| Contributions as a percentage of covered payroll | 36.31% | 30.19% | 30.70% | 19.74% | | | |
|---|
71.