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73

City of Raleigh

Financial Section

2016

2015

2014

Contractually required contribution

14,237,418

$

14,479,623

$

13,845,270

$

Contributions in relation to the contractually required

contribution

14,237,418

14,479,623

13,845,270

Contribution deficiency (excess)

-

$

-

$

-

$

Raleigh's covered-employee payroll

210,212,491

$

202,649,654

$

194,516,160

$

Contributions as a percentage of covered-employee payroll

6.77%

7.15%

7.12%

City of Raleigh's Contributions

Required Supplementary Information

Last Three Fiscal Years

Local Government Employees' Retirement System

73