Page 86 - 2019-20 CAFR

Rogue Community College

Schedule of Employer Contributions
Oregon Public Employees Retirement System (OPERS)
Last Ten Fiscal Years*

(b) (b/c)
(a) Contributions in (a‐b) (c) Contributions
of
Reported as Statutorily relation to the Contribution College's as a percent
fiscal year date required statutorily required deficiency covered of covered
of June 30,* contribution contribution (excess) payroll** payroll
2020 $ 2,911,141 $ (2,911,141) $ 0 $ 21,530,929 13.52%

2019 $ 2,258,589 $ (2,258,589) $ 0 $ 21,332,003 10.59%

2018 $ 2,254,184 $ (2,254,184) $ 0 $ 19,794,872 11.39%

2017 $ 1,627,953 $ (1,627,953) $ 0 $ 19,296,046 8.44%

2016 $ 1,600,743 $ (1,600,743) $ 0 $ 19,521,681 8.20%

2015 $ 1,540,025 $ (1,540,025) $ 0 $ 18,622,319 8.27%

Note: See the accompanying Notes to Financial Statements for the plan description, funding policy, annual
OPERS cost, net OPERS obligation, funded status and funding progress. The College receives an actuarial
valuation every year.

The amounts presented for each fiscal year were actuarially determined at December 31 and rolled forward
to the measurement date.
* This schedule is presented to illustrate the requirements to show information for 10 years. However, until
a full 10‐year trend has been compiled, information is presented only for the years for which the required
supplementary information is available.

** Employer's covered‐employee payroll is equal to the amount reported to PERS during the fiscal year
presented. This amount includes adjustments from prior year's covered payroll.

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