Required Supplementary Information

Schedule of the University’s Proportionate Share of the Net Pension Liability Arizona State Retirement System

(Dollars in thousands)

Reporting Fiscal Year (Measurement Date)

2021 (2020) 2020 (2019) 2019 (2018) 2018 (2017) 2017 (2016) 2016 (2015)

2015 (2014)

University’s proportion of the net pension liability 3.82% 3.82% 3.67% 3.48% 3.39% 3.19% 3.05% University’s proportionate share of the net pension liability University’s covered payroll (trailing) $ 662,381 $ 555,246 $ 511,370 $ 542,354 $ 546,672 $ 497,351 $ 451,741

$ 418,542 $ 402,882 $ 365,389 $ 340,502 $ 318,111 $ 295,068 $ 276,395 University’s proportionate share of the net pension liability as a percentage of its covered payroll 158.26% 137.82% 139.95% 159.28% 171.85% 168.55% 163.44% Plan fiduciary net position as a percentage of the total pension liability 69.33% 73.24% 73.40% 69.92% 67.06% 68.35% 69.49%

2012 through 2014

Information not available

Schedule of the University’s Proportionate Share of the Total OPEB Liability Arizona Department of Administration OPEB Plan (Dollars in thousands)

Reporting Fiscal Year (Measurement Date)

University’s proportion of the total OPEB liability University’s proportionate share of the total OPEB liability Actuarially-determined University’s covered payroll University’s proportionate share of the total OPEB liability as a percentage of its covered payroll

2021 (2020) 2020 (2019) 2019 (2018) 2018 (2017)

2017 (2016)

19.87% 19.87% 16.16% 15.95% 15.95% $ 313,792 $ 252,852 $ 140,836 $ 134,500 $ 173,187 $ 874,270 $ 851,285 $ 731,068 $ 711,848 $ 781,648

35.9% 29.7% 19.3% 18.9% 22.2%

2012 through 2016

Information not available

Schedule of University Pension Contributions Arizona State Retirement System (Dollars in thousands)

2021

2020 (1) (as restated)

2019 (1) (as restated)

2018 (1) (as restated)

2017 (1) (as restated)

2016 (1) (as restated) 2015 2014 2013 2012 Statutorily required contribution $ 51,041 $ 47,844 $ 44,992 $ 39,726 $ 36,607 $ 34,408 $ 32,026 $ 29,447 $ 26,714 $ 24,826 University’s contributions in relation to the statutorily required contribution $ 51,041 47,844 44,992 39,726 36,607 34,408 32,026 29,447 26,714 24,826

University’s contribution deficiency (excess) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0

University’s covered payroll $ 438,964 $ 418,542 $ 402,882 $ 365,389 $ 340,502 $ 318,111 $ 295,068 $ 276,395 $ 261,965 $ 251,539

University’s contributions as a percentage of covered payroll 11.63% 11.43% 11.17% 10.87% 10.75% 10.82% 10.85% 10.65% 10.20% 9.87%

(1) University contributions are based on the employer contributions in the University’s records. Each year there is an immaterial difference between employer pension contributions ASRS recognized and the employer contributions in the University’s records due to timing differences. Prior year University contributions have been restated using the employer contributions ASRS recognized.