Annual Financial Report 2024 2025

Virginia Tech Financial Report 2024-2025

Schedule of Virginia Tech’s Share of OPEB Contributions For the years ended June 30, 2018-2025 (all dollars in thousands)

Year

VSDP

GLI

HIC

LODA*

Contractually required contribution

2025 $ 2024 $ 2023 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2025 $ 2024 $ 2023 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2025 $ 2024 $ 2023 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2025 $ 2024 $ 2023 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $

1,056 $ 1,117 $ 1,088 $ 998 $ 971 $ 968 $ 950 $ 977 $ 1,056 $ 1,117 $ 1,088 $ 998 $ 971 $ 968 $ 950 $ 977 $

4,035 $ 4,141 $ 3,740 $ 3,584 $ 3,397 $ 3,231 $ 3,039 $ 2,880 $ 4,035 $ 4,141 $ 3,740 $ 3,584 $ 3,397 $ 3,231 $ 3,039 $ 2,880 $

9,550 $ 8,912 $ 8,047 $ 7,429 $ 7,050 $ 7,262 $ 6,836 $ 6,653 $ 9,550 $ 8,912 $ 8,047 $ 7,429 $ 7,050 $ 7,262 $ 6,836 $ 6,653 $

53 42 42 32 34 31 32 25 53 42 42 32 34 31 32 25

Contributions in relation to contractually required contribution

Contribution deficiency (excess)

- $ - $ - $ - $ - $ - $ - $ - $

- $ - $ - $ - $ - $ - $ - $ - $

- $ - $ - $ - $ - $ - $ - $ - $

- - - - - - - -

Employer’s covered-employee payroll (where applicable)

208,861 $ 194,558 $ 178,588 $ 164,921 $ 159,351 $ 161,260 $ 153,447 $ 147,739 $

851,555 $ 798,455 $ 722,110 $ 664,979 $ 625,278 $ 622,611 $ 585,890 $ 553,929 $

851,022 $ 797,971 $ 721,504 $ 664,536 $ 623,963 $ 621,914 $ 585,614 $ 558,853 $

3,926 3,680 3,272 2,734 2,455 2,419 2,297 2,843

Contributions as a percentage of employer’s covered payroll

2025 2024 2023 2022 2021 2020 2019 2018

0.51% 0.57% 0.61% 0.61% 0.61% 0.60% 0.62% 0.66%

0.47% 0.52% 0.52% 0.54% 0.54% 0.52% 0.52% 0.52%

1.12% 1.12% 1.12% 1.12% 1.13% 1.17% 1.17% 1.19%

1.35% 1.14% 1.28% 1.17% 1.38% 1.28% 1.39%

0.88% *The contributions for the Line of Duty Act Program (LODA) are based on the number of participants in the program using a per capita-based contribution versus a payroll-based contribution. Therefore, a covered-employee payroll is a more relevant measure, which is the total payroll of the employees in the OPEB plan.

This schedule is intended to show information for 10 years. Since 2018 is the first year for this presentation, only eight years are available. Additional years will be included as they become available.

67