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Schedule 3
Local Governmental Employees' Retirement System
Required Supplementary Information
Last Three Fiscal Years
Employer's Proportionate Share of Net Pension Liability (Asset)
2016
2015
2014
Greensboro's proportion of net pension liability (asset) (%)
2.71%
2.71%
2.65%
Greensboro's proportion of net pension liability (asset) ($)
$12,141,673
($15,959,838)
$32,000,534
Greensboro's covered-employee payroll
$150,875,082
$147,235,355
$146,821,293
Greensboro's proportion of net pension liability (asset) as a
8.0%
(10.84%)
21.80%
percentage of its covered-employee payroll
Plan fiduciary net position as a percentage of the total
98.09%
102.64%
94.35%
pension liability
Employer Contributions
2016
2015
2014
Contractually required contribution
$10,185,674
$10,414,334
$10,100,894
Contributions in relation to the contractually required
contribution
$10,185,674
$10,414,334
$10,100,894
Contribution deficiency (excess)
$
$
$
Greensboro's covered-employee payroll
$153,474,783
$150,875,082
$147,235,355
Contributions as a percentage of covered employee
6.64%
6.90%
6.86%
payroll
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