2025 Annual Comprehensive Report

Schedule 7 Page 1 of 2

Local Governmental Employees' Retirement System Required Supplementary Information Fiscal Years Ending June 30, 2016 -2025*

Employer's Proportionate Share of Net Pension Liability (Asset)

2025

2024

2023

2022

Greensboro's proportion of net pension liability (asset) (%)

2.34%

2.29%

2.34%

2.33%

Greensboro's proportion of net pension liability (asset) ($)

$

158,022,912

$

151,737,374

$

131,886,996

$

35,743,062

Greensboro's covered payroll

220,689,207

196,571,448

178,905,337

169,607,978

Greensboro's proportion of net pension liability (asset) as a

71.60%

77.19%

73.72%

21.07%

percentage of its covered payroll

Plan fiduciary net position as a percentage of the total

83.30%

82.49%

84.14%

95.51%

pension liability

Employer Contributions

2025

2024

2023

2022

Contractually required contribution

$

32,160,072

$

29,068,306

$

24,288,303

$

20,681,122

Contributions in relation to the contractually required contribution

32,160,072

29,068,306

24,288,303

20,681,122

Contribution deficiency (excess)

$

-

$

-

$

-

$

-

Greensboro's covered payroll

$

230,119,029

$

220,689,207

$

196,571,448

$

178,905,337

Contributions as a percentage of covered payroll

13.98%

13.17%

12.36%

11.56%

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

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