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City of Orono, Minnesota <br />Required Supplementary Information (Continued) <br />For the Year Ended December 31, 2023 <br />PERA Net Pension Liability - Public Employees Police and Fire Fund <br />Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available. <br />PERA Contributions - Public Employees Police and Fire Fund <br />Contributions in <br />Relation to the <br />Statutorily Statutorily Contribution City's <br />Required Required Deficiency Covered <br />Year Contribution Contribution (Excess) Payroll <br />Ending (a) (b) (a-b) (c) <br />12/31/23 546,390$ 546,390$ -$ 3,086,949$ 17.70 % <br />12/31/22 460,205 460,205 - 2,600,029 17.70 <br />12/31/21 462,202 462,202 - 2,611,311 17.70 <br />12/31/20 455,708 455,708 - 2,574,623 17.70 <br />12/31/19 411,298 411,298 - 2,426,539 16.95 <br />12/31/18 370,490 370,490 - 2,286,975 16.20 <br />12/31/17 354,408 354,408 - 2,187,704 16.20 <br />12/31/16 340,380 340,380 - 2,101,111 16.20 <br />12/31/15 333,041 333,041 - 2,055,809 16.20 <br />(b/c) <br />Contributions as <br />a Percentage of <br />Payroll <br />Covered <br />Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available. <br />87 <br />Note: Schedule is intended to show 10Note: Schedule is intended to show 10-year trend. Additional years will be reported as they become available.year trend. Additional years will be reported as they become available.- <br />PPERAERA Contributions Contributions -Public Employees Police and Fire FundPublic Employees Police and Fire Fund <br />Contributions inContributions in <br />Relation to theRelation to the <br />Statutorily Statutorily Contribution City'sStatutorily Statutorily Contribution City's <br />Required Required Deficiency CoveredRequired Required Deficiency Covered <br />Contributions asContributions as <br />a Percentage ofa Percentage of <br />Covered <br />122