Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Schedule of Proportionate Share of Net Pension Liability Florida Retirement System Pension Plan 2015 2016 Proportion of the Net Pension Liability (Asset) 0.808027243% 0.878690558% Proportionate Share of the Net Pension Liability (Asset) $ 104,367,556 $ 221,870,057 Covered Payroll* $ 189,660,020 $ 190,823,204 Proportionate Share of the Net Pension Liability (Asset) as a Percentage of Its Covered Payroll 55.03% 116.27% Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 92.00% 84.88% *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. Note: Information is required to be presented for 10 years. However, until a full 10-year trend is compiled, the County will present information for only those years for which information is available. 152