Seattle City Light 2016 ANNUAL REPORT | Audited Financial Statements 76 THE CITY OF SEATTLE—CITY LIGHT DEPARTMENT REQUIRED SUPPLEMENTARY INFORMATION (UNAUDITED) - 76 - DEFINED BENEFIT PENSION PLAN The Department’s schedule of the employer’s proportionate share of the net pension liability for the years ended December 31 (dollar amounts in millions): 2016 2015 Employer’s proportion of the net pension liability 24.46% 24.53% Employer's proportionate share of total pension liability 883.5 $ 841.5 $ Employer's proportionate share of plan fiduciary net position 565.7 $ 569.7 $ Employer’s proportionate share of the net pension liability 317.8 $ 271.8 $ Employer’s covered-employee payroll 165.0 $ 152.3 $ Employer’s proportionate share of net pension liability as a percentage of its covered-employee payroll 202.44% 178.48% Plan fiduciary net position as a percentage of the total pension liability 64.03% 67.70% Note: This schedule is intended to show information for 10 years. Since 2015 was the first year of this presentation, data on years preceding 2015 are not available. Additional years' data will be included as they become available. The Department’s proportionate schedule of employer’s contributions (dollar amounts in millions): 2016 2015 Contractually required contribution 25.3 $ 24.9 $ Contributions in relation to contractually required contribution 25.3 24.9 Contribution deficiency (excess) - $ - $ Covered-employee payroll 164.0 $ 165.0 $ Contributions as a percentage of covered-employee payroll 15.43% 15.09% Note: This schedule is intended to show information for 10 years. Since 2015 was the first year of this presentation, data on years preceding 2015 are not available. Additional years' data will be included as they become available.