2015 2016 2017 2018 Contractually Required Contribution $ 20,258,408 $ 22,256,531 $ 22,702,611 $ 24,874,586 Contributions in Relation to the Contractually Required Contribution (20,258,408) (22,256,531) (22,702,611) (24,874,586) Contribution Deficiency (Excess) - $ - $ - $ - $ Covered Payroll * $ 189,660,020 $ 193,548,312 $ 204,375,959 $ 208,658,880 Contributions as a Percentage of Covered Payroll 10.68% 11.50% 11.11% 11.92% *Covered payroll represents pensionable wages of all FRS participants in the traditional FRS pension plan and in the FRS investment plan as of the measurement date. Sarasota County, Florida Schedule of Contributions Florida Retirement System Pension Plan Last Ten Fiscal Years 174
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