FY22 financial report print.indd

Virginia Tech Financial Report 2021-2022

Schedule of Virginia Tech’s Share of OPEB Contributions For the years ended June 30, 2022-2018 (all dollars in thousands)

Year

VSDP

GLI

HIC

LODA

Contractually required contribution

2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $ 2022 $ 2021 $ 2020 $ 2019 $ 2018 $

998 $ 971 $ 968 $ 950 $ 977 $ 998 $ 971 $ 968 $ 950 $ 977 $

3,584 $ 3,397 $ 3,231 $ 3,039 $ 2,880 $ 3,584 $ 3,397 $ 3,231 $ 3,039 $ 2,880 $

7,429 $ 7,050 $ 7,262 $ 6,836 $ 6,653 $ 7,429 $ 7,050 $ 7,262 $ 6,836 $ 6,653 $

32 34 31 32 25 32 34 31 32 25

Contributions in relation to contractually required contribution

Contribution deficiency (excess)

- $ - $ - $ - $ - $

- $ - $ - $ - $ - $

- $ - $ - $ - $ - $

- - - - -

Employer’s covered payroll (where applicable)

164,921 $ 159,351 $ 161,260 $ 153,447 $ 147,739 $

664,979 $ 625,278 $ 622,611 $ 585,890 $ 553,929 $

664,536 623,963 621,914 585,614 558,853

Contributions as a percentage of employer’s covered payroll

2022 2021 2020 2019 2018 2022 2021 2020 2019 2018 2022 2021 2020 2019 2018

0.61% 0.61% 0.60% 0.62% 0.66%

0.54% 0.54% 0.52% 0.52% 0.52%

1.12% 1.13% 1.17% 1.17% 1.19%

Covered-employee payroll (where applicable)

N/A* N/A* N/A* N/A* N/A* N/A* N/A* N/A* N/A* N/A*

Contributions as a percentage of covered-employee payroll

*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.

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

63

Required Supplementary Information