Page 133 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

Exhibit 18

Fiscal Year
2013 2012 2011 2010 2009
Actuarially determined contribution $ 6,749,465 $ 5,623,476 $ 5,271,613 $ 5,816,476 $ 6,125,900
Contributions in relation to the
actuarially determined contribution 6,749,465 5,623,476 5,271,613 5,323,476 6,125,900
Contribution de ciency (excess) $ - $ - $ - $ 493,000 $ -

Covered payroll $ 101,730,340 $ 101,730,340 $ 103,725,815 $ 105,531,074 $ 102,898,538
Contributions as a percentage of
covered payroll 6.6% 5.5% 5.1% 5.0% 6.0%

W I N S T O N S AL E M , N O R T H C AR O L I N A 127