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72

City of Raleigh

Financial Section

2016

2015

2014

Raleigh's proportion of the net pension liability (asset) (%)

3.75642%

3.72410%

3.72410%

Raleigh's proportion of the net pension liability (asset) ($)

16,858,648

$

(21,863,612)

$

44,889,706

$

Raleigh's covered-employee payroll

210,212,491

$

202,649,654

$

194,516,160

$

Raleigh's proportionate share of the net pension liability

(asset) as a percentage of its covered-employee payroll

8.02%

( 10.79%)

23.08%

Plan fiduciary net position as a percentage of the total pension

liability**

98.09%

102.64%

94.35%

* The amounts presented for each fiscal year were determined as of the prior fiscal year ending June 30.

** This will be the same percentage for all participant employers in the LGERS plan.

City of Raleigh's Proportionate Share of Net Pension Liability (Asset)

Required Supplementary Information

Last Three Fiscal Years *

Local Government Employees' Retirement System

72