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CalPERS Actuarial Valuation - June 30, 2019 <br />Safety 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 22.93% <br />1)Monthly Employer Dollar UAL Payment $2,508,581 <br />2)Annual UAL Prepayment Option*$29,101,640 <br />Required PEPRA Member Contribution Rate 13.00% <br />Fiscal Year Fiscal Year <br />2020-21 2021-22 <br />Normal Cost Contribution as a Percentage of Payroll <br />Total Normal Cost 33.176% 32.83% <br />Employee Contribution1 9.595% 9.90% <br />Employer Normal Cost2 23.581% 22.93% <br />Projected Annual Payroll for Contribution Year $43,462,651 $44,257,265 <br />Estimated Employer Contributions Based On <br />Projected Payroll <br />Total Normal Cost $14,419,169 $14,529,660 <br />Employee Contribution1 4,170,241 4,381,469 <br />Employer Normal Cost2 10,248,928 10,148,191 <br />Unfunded Liability Contribution 26,223,726 30,102,971 <br />% of Projected Payroll (illustrative only) 60.336% 68.02% <br />Estimated Total Employer Contribution $36,472,654 $40,251,162 <br />% of Projected Payroll (illustrative only) 83.917% 90.95% <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 2