Schedule of The University of Alabama's Proportionate Share of the Net Pension Liability

Teachers' Retirement Plan of Alabama

2017

2016

2015

Employer's proportion of the net pension liability
5.76%
5.47%
5.20%
Employer's proportionate share of the

collective net pension liability

$623,398,000
$572,814,000
$472,075,000
Employer's covered payroll during the

measurement period

$369,595,295
$347,881,013
$329,612,262
Employer's proportionate share of the

collective net pension liability as a percentage

of its covered-employee payroll

168.67%
164.66%
143.22%
Plan fiduciary net position as a percentage of

the total collective pension liability

67.93%
67.51%
71.01%

Schedule of The University of Alabama's Contributions

Teachers' Retirement Plan of Alabama

2017

2016

2015

Contractually required contribution
$45,024,221
$43,303,201
$39,092,939
s
Contributions in relation to the contractually

required contribution

$45,024,221
$43,303,201
$39,092,939
Contribution deficiency (excess)
$ -
$ -
$ -
Employer's covered payroll
$385,853,526
$369,595,295
$347,881,013
Contributions as a percentage of

covered-employee payroll

11.67%
11.72%
11.24%
Notes to Schedules:
Employer's covered payroll: The payroll on which contributions to a pension plan are based.
Measurement period:

For fiscal year 2017, the measurement period is October 1, 2015 - September 30, 2016

For fiscal year 2016, the measurement period is October 1, 2014 - September 30, 2015

For fiscal year 2015, the measurement period is October 1, 2013 - September 30, 2014