{"id":50,"date":"2020-02-26T20:49:30","date_gmt":"2020-02-26T20:49:30","guid":{"rendered":"https:\/\/afr.ua.edu\/2019\/?page_id=50"},"modified":"2021-02-24T22:55:36","modified_gmt":"2021-02-24T22:55:36","slug":"rsi","status":"publish","type":"page","link":"https:\/\/afr.ua.edu\/2019\/rsi\/","title":{"rendered":"RSI"},"content":{"rendered":"

\n \n \n \n \n \n \n \n \n <\/colgroup>\n \n\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
<\/th>ninja_column_6<\/th><\/th><\/th><\/th><\/th><\/tr>\n<\/thead>\n

Schedule of The University of Alabama's Proportionate Share of the Net Pension Liability<\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

Teachers' Retirement Plan of Alabama<\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n
<\/td>

2019<\/td>

2018<\/td>

2017<\/td>

2016<\/td>

2015<\/td> <\/tr>\n

Employer's proportion of the net pension liability<\/td>
5.98%<\/div><\/td>
5.75%<\/div><\/td>
5.76%<\/div><\/td>
5.47%<\/div><\/td>
5.20%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Employer's proportionate share of the<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

collective net pension liability<\/p><\/td>

$594,410,000<\/div><\/td>
$565,233,000<\/div><\/td>
$623,398,000<\/div><\/td>
$572,814,000<\/div><\/td>
$472,075,000<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Employer's covered payroll during the<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

measurement period<\/p><\/td>

$405,655,755<\/div><\/td>
$385,853,526<\/div><\/td>
$369,595,295<\/div><\/td>
$347,881,013<\/div><\/td>
$329,612,262<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Employer's proportionate share of the<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

collective net pension liability as a percentage<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

of its covered payroll<\/p><\/td>

146.53%<\/div><\/td>
146.49%<\/div><\/td>
168.67%<\/div><\/td>
164.66%<\/div><\/td>
143.22%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Plan fiduciary net position as a percentage of<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

the total collective pension liability<\/p><\/td>

72.29%<\/div><\/td>
71.50%<\/div><\/td>
67.93%<\/div><\/td>
67.51%<\/div><\/td>
71.01%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

Schedule of The University of Alabama's Contributions <\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

Teachers' Retirement Plan of Alabama <\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n
<\/td>

2019<\/td>

2018<\/td>

2017<\/font><\/strong><\/td>

2016<\/td>

2015<\/td> <\/tr>\n

Contractually required contribution<\/td>
$51,222,334<\/div><\/td>
$48,018,757<\/div><\/td>
$45,024,221<\/div><\/td>
$43,303,201<\/div><\/td>
$39,092,939<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Contributions in relation to the contractually<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

required contribution<\/p><\/td>

$51,222,334<\/div><\/td>
$48,018,757<\/div><\/td>
$45,024,221<\/div><\/td>
$43,303,201<\/div><\/td>
$39,092,939<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Contribution deficiency (excess)<\/td>
$-<\/div><\/td>
$-<\/div><\/td>
$-<\/div><\/td>
$-<\/div><\/td>
$-<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Employer's covered payroll<\/td>
$422,693,087<\/div><\/td>
$405,665,755<\/div><\/td>
$385,853,526<\/div><\/td>
$369,595,295<\/div><\/td>
$347,881,013<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Contributions as a percentage of<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

covered payroll<\/p><\/td>

12.12%<\/div><\/td>
11.84%<\/div><\/td>
11.67%<\/div><\/td>
11.72%<\/div><\/td>
11.24%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Notes to Schedules<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

Employer's covered payroll: The payroll on which contributions to a pension plan are based.<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n
Measurement period:<\/td><\/td><\/td><\/td><\/td><\/td> <\/tr>\n

For fiscal year 2019, the measurement period is October 1, 2017 - September 30, 2018<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

For fiscal year 2018, the measurement period is October 1, 2016 - September 30, 2017<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

For fiscal year 2017, the measurement period is October 1, 2015 - September 30, 2016<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

For fiscal year 2016, the measurement period is October 1, 2014 - September 30, 2015<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n

For fiscal year 2015, the measurement period is October 1, 2013 - September 30, 2014<\/p><\/td>

<\/td><\/td><\/td><\/td><\/td> <\/tr>\n <\/tbody>\n <\/table>\n \n \n \n<\/div>\n
\n
\n \n \n \n \n \n <\/colgroup>\n \n\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
<\/th>ninja_column_6<\/th>ninja_column_2<\/th><\/tr>\n<\/thead>\n

Schedule of The University of Alabama's Proportionate Share of the Net OPEB Liability<\/td>

<\/td><\/td> <\/tr>\n

Alabama Retired Education Employees Health Care Trust<\/td>

<\/td><\/td> <\/tr>\n
<\/td>

2019<\/td>

2018<\/td> <\/tr>\n

Employer's proportion of the net pension liability<\/td>
3.25%<\/div><\/td>
3.47%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Employer's proportionate share of the<\/td><\/td><\/td> <\/tr>\n

collective net OPEB liability<\/p><\/td>

$267,378,182<\/div><\/td>
$257,683,278<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Employer's covered payroll during the<\/td><\/td><\/td> <\/tr>\n

measurement period<\/p><\/td>

$405,665,755<\/div><\/td>
$385,853,526<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Employer's proportionate share of the<\/td><\/td><\/td> <\/tr>\n

collective net OPEB liability as a percentage<\/p><\/td>

<\/td><\/td> <\/tr>\n

of its covered payroll<\/p><\/td>

65.91%<\/div><\/td>
66.78%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Plan fiduciary net position as a percentage of<\/td><\/td><\/td> <\/tr>\n

the total collective net OPEB liability<\/p><\/td>

14.81%<\/div><\/td>
15.37%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n

Schedule of The University of Alabama's Contributions <\/td>

<\/td><\/td> <\/tr>\n

Alabama Retired Education Employees' Health Care Trust<\/td>

<\/td><\/td> <\/tr>\n
<\/td>

2019<\/td>

2018<\/td> <\/tr>\n

Contractually required contribution<\/td>
$8,214,794<\/div><\/td>
$7,988,277<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Contributions in relation to the contractually<\/td><\/td><\/td> <\/tr>\n

required contribution<\/p><\/td>

$8,214,794<\/div><\/td>
$7,988,277<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Contribution deficiency (excess)<\/td>
$-<\/div><\/td>
$-<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Employer's covered payroll<\/td>
$422,693,087<\/div><\/td>
$405,665,755<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Contributions as a percentage of<\/td><\/td><\/td> <\/tr>\n

covered payroll<\/p><\/td>

1.94%<\/div><\/td>
1.97%<\/div><\/td> <\/tr>\n
<\/td><\/td><\/td> <\/tr>\n
Notes to Schedules<\/td><\/td><\/td> <\/tr>\n

Employer's covered payroll: The payroll on which contributions to a pension plan are based.<\/p><\/td>

<\/td><\/td> <\/tr>\n
Measurement period:<\/td><\/td><\/td> <\/tr>\n

For fiscal year 2019, the measurement period is October 1, 2017 - September 30, 2018<\/p><\/td>

<\/td><\/td> <\/tr>\n

For fiscal year 2018, the measurement period is October 1, 2016 - September 30, 2017<\/p><\/td>

<\/td><\/td> <\/tr>\n <\/tbody>\n <\/table>\n \n \n \n<\/div>\n<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-50","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/pages\/50","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":3,"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/pages\/50\/revisions"}],"predecessor-version":[{"id":389,"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/pages\/50\/revisions\/389"}],"wp:attachment":[{"href":"https:\/\/afr.ua.edu\/2019\/wp-json\/wp\/v2\/media?parent=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}