RSI

Schedule of The University of Alabama's Proportionate Share of the Net Pension Liability
Teachers' Retirement Plan of Alabama
	2020	2019	2018	2017	2016
Employer's proportion of the net pension liability	5.84%	5.98%	5.75%	5.76%	5.47%
Employer's proportionate share of the
collective net pension liability	$646,185,000	$594,410,000	$565,233,000	$623,398,000	$572,814,000
Employer's covered payroll during the
measurement period	$422,693,087	$405,655,755	$385,853,526	$369,595,295	$347,881,013
Employer's proportionate share of the
collective net pension liability as a percentage
of its covered payroll	152.87%	146.53%	146.49%	168.67%	164.66%
Plan fiduciary net position as a percentage of
the total collective pension liability	69.85%	72.29%	71.50%	67.93%	67.51%
Schedule of The University of Alabama's Contributions
Teachers' Retirement Plan of Alabama
	2020	2019	2018	2017	2016
Contractually required contribution	$52,175,581	$51,222,334	$48,018,757	$45,024,221	$43,303,201
Contributions in relation to the contractually
required contribution	$52,175,581	$51,222,334	$48,018,757	$45,024,221	$43,303,201
Contribution deficiency (excess)	$-	$-	$-	$-	$-
Employer's covered payroll	$431,766,760	$422,693,087	$405,665,755	$385,853,526	$369,595,295
Contributions as a percentage of
covered payroll	12.08%	12.12%	11.84%	11.67%	11.72%
Notes to Schedules
Employer's covered payroll: The payroll on which contributions to a pension plan are based.
Measurement period:
For fiscal year 2020, the measurement period is October 1, 2018 - September 30, 2019
For fiscal year 2019, the measurement period is October 1, 2017 - September 30, 2018
For fiscal year 2018, the measurement period is October 1, 2016 - September 30, 2017
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

 

Schedule of The University of Alabama's Proportionate Share of the Net OPEB Liability
Alabama Retired Education Employees Health Care Trust
	2020	2019	2018
Employer's proportion of the net pension liability	2.89%	3.25%	3.47%
Employer's proportionate share of the
collective net OPEB liability	$108,975,155	$267,378,182	$257,683,278
Employer's covered payroll during the
measurement period	$422,693,087	$405,665,755	$385,853,526
Employer's proportionate share of the
collective net OPEB liability as a percentage
of its covered payroll	25.78%	65.91%	66.78%
Plan fiduciary net position as a percentage of
the total collective net OPEB liability	28.14%	14.81%	15.37%
Schedule of The University of Alabama's Contributions
Alabama Retired Education Employees' Health Care Trust
	2020	2019	2018
Contractually required contribution	$8,450,780	$8,214,794	$7,988,277
Contributions in relation to the contractually
required contribution	$8,450,780	$8,214,794	$7,988,277
Contribution deficiency (excess)	$-	$-	$-
Employer's covered payroll	$431,766,760	$422,693,087	$405,665,755
Contributions as a percentage of
covered payroll	1.96%	1.94%	1.97%
Notes to Schedules
Employer's covered payroll: The payroll on which contributions to a pension plan are based.
Measurement period:
For fiscal year 2020, the measurement period is October 1, 2018 - September 30, 2019
For fiscal year 2019, the measurement period is October 1, 2017 - September 30, 2018
For fiscal year 2018, the measurement period is October 1, 2016 - September 30, 2017