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32 <br /> 1 Slide #9 <br /> Actuarial Assumptions v <br /> Health.Care Single <br /> Turnover <br /> ctircmcnt Moeraliry Equivalent <br /> C4Casts <br /> Interest Ratc <br /> Will an employceVC'hcn v iJl the How long%will Haw much will what rate will <br /> work long employee retire monthly benefits health care henefic payments <br /> enough Eaves[ and start be paid: expensesbe? be discounted at <br /> and qualify for collecting to produce the <br /> monthlybcncfits2 bcncFiW habilityT <br /> 2 _ <br /> 3 Youveak Yeng said that the assumptions are based on statewide data. <br /> 4 Chair Bedford asked why the interest rate goes down. <br /> 5 Youveak Yeng said that costs do end up going up, and they estimate an average of 7% a <br /> 6 year. He said if they expect 7% growth each year, it will eventually become all of the GDP, so <br /> 7 they grade it down over time. <br /> 8 <br /> 9 Slide #10 <br /> GASB 74/75 <br /> Sensitivities <br /> Healthcare Trend <br /> 14 Docreaw Current 14 Increa,& <br /> Net OPEB Liability 5102,072,143 $130x41.187 $144,161,47 <br /> Discount <br /> 1.OA Decrease Current 14 lnq�rease <br /> Net OPEB Liability 5141,247,673 1 $120.541,187 $104,1021.651 <br /> a <br /> 10 Ot <br />