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CalPERS Actuarial Valuation - June 30, 2019 <br />Miscellaneous Plan of the City of Santa Ana <br />CalPERS ID: 4843991156 <br />Page 4 <br />Required Contributions <br />Fiscal Year <br />Required Employer Contribution 2021-22 <br /> Employer Normal Cost Rate 11.90% <br />1) Monthly Employer Dollar UAL Payment $2,176,087 <br />2) Annual UAL Prepayment Option*$25,244,430 <br />Required PEPRA Member Contribution Rate 7.00% <br />Fiscal Year Fiscal Year <br />2020-21 2021-22 <br />Normal Cost Contribution as a Percentage of Payroll <br />Total Normal Cost 19.626% 19.58% <br />Employee Contribution1 7.554% 7.68% <br />Employer Normal Cost2 12.072% 11.90% <br />Projected Annual Payroll for Contribution Year $64,495,716 $63,294,039 <br />Estimated Employer Contributions Based On <br />Projected Payroll <br />Total Normal Cost $12,657,929 $12,392,973 <br />Employee Contribution1 4,872,006 4,860,982 <br />Employer Normal Cost2 7,785,923 7,531,991 <br />Unfunded Liability Contribution 23,390,827 26,113,041 <br />% of Projected Payroll (illustrative only) 36.267% 41.26% <br />Estimated Total Employer Contribution $31,176,750 $33,645,032 <br />% of Projected Payroll (illustrative only) 48.339% 53.16% <br />1 For classic members, this is the percentage specified in the Public Employees Retirement Law, net of any reduction from <br />the use of a modified formula or other factors. For PEPRA members, the member contribution rate is based on 50 percent <br />of the normal cost. A development of PEPRA member contribution rates can be found in <br />section. Employee cost sharing is not shown in this report. <br />2 The Employer Normal Cost is a blended rate for all benefit groups in the plan. For a breakout of normal cost by benefit <br />EXHIBIT 1