KENTUCKY STATE UNIVERSITY
SCHEDULE OF THE UNIVERSITY'S (KSU)
PROPORTIONATE SHARE OF THE NET PENSION LIABILITY
KENTUCKY EMPLOYEES RETIREMENT SYSTEM
June 30, 2017
(Amounts in thousands)
2017 2016 2015
KSU's proportion of the net pension liability $ 29,146 $ 29,408 $ 28,555
KSU's proportionate share of the net pension liability 0.26% 0.29% 0.32%
KSU's covered payroll $ 4,321 $ 5,390 $ 5,453
KSU's proportionate share of the net pension liability as a share of its covered employee payroll 675.20% 545.60% 523.66%
Plan fiduciary net position as a percentage of total pension liability 14.80% 18.83% 22.32%
| 2017 | 2016 | 2015 |
|---|
| Contractually required contribution | $ | 1,516 | $ | 1,312 | $ | 1,515 |
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| Contributions in relation to the contractually required contribution | $ | 1,516 | $ | 1,312 | $ | 1,515 |
|---|
| Contribution deficiency (excess) | $ | - | $ | - | $ | - |
|---|
| KSU covered payroll | $ | 3,967 | $ | 4,321 | $ | 5,390 |
|---|
| Contributions as a percentage of covered payroll | 38.21% | 30.36% | 28.11% |
|---|
Note: This table represents data that is one year in arrears.
SCHEDULE OF THE UNIVERSITY'S CONTRIBUTION
KENTUCKY EMPLOYEES RETIREMENT SYSTEM
June 30, 2017
(Amounts in thousands)
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.
45.