Page 129 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

Exhibit 15

Fiscal Year
2013 2012 2011 2010 2009
Actuarially determined contribution $ 976,576 $ 904,263 $ 737,414 $ 731,690 $ 570,086
Contributions in relation to the
actuarially determined contribution 976,576 904,263 737,414 731,690 570,086
Contribution de ciency (excess) $ - $ - $ - $ - $ -

Covered payroll $ 25,113,890 $ 25,654,625 $ 25,396,559 $ 26,025,204 $ 24,610,353
Contributions as a percentage of
covered payroll 3.9% 3.5% 2.9% 2.8% 2.3%

W I N S T O N S AL E M , N O R T H C AR O L I N A 123