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TOWN OF BOSTON, NEW YORK Schedule of the Town’s Proportionate Share of the Net Pension Liability/(Asset)—Employees’ Retirement System Last Ten Fiscal Years* Year Ended December 31, 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Measurement date March 31, 2024 March 31, 2023 March 31, 2022 March 31, 2021 March 31, 2020 March 31, 2019 March 31, 2018 March 31, 2017 March 31, 2016 March 31, 2015 Town's proportion of the net pension liability/(asset) 0.0033735 0.0035044 0.0034817 0.0035678 0.0034152 0.0023006 0.0028410 0.0031269 0.0030931 0.0034356 Town's proportionate share of the net pension liability/(asset) $ 496,713 $ 751,475 $ (284,613) $ 3,553 $ 904,375 $ 163,008 $ 91,691 $ 293,813 $ 496,444 $ 116,062 Town's covered payroll 1,168,583 1,154,938 1,077,652 964,410 942,097 $ 893,282 $ 601,078 $ 668,374 $ 650,874 $ 635,603 Town's proportionate share of the net pension liability as a percentage of its covered payroll 42.5% 65.1% -26.4% 0.4% 96.0% 18.2% 15.3% 44.0% 76.3% 18.3% Plan fiduciary net position as a percentage of the total pension liability 93.9% 90.8% 103.7% 100.0% 86.4% 96.3% 98.2% 94.7% 90.7% 97.9% - 45 -