|
33
<br /> 1 Slide #11
<br /> GASBComments
<br /> hetu¢real CsmcePts
<br /> Total OPEB Liability Juste 30-2012 $132,737,808
<br /> Service Caz 4,123,410
<br /> Interesr Cost 4,636,99a
<br /> Benefit PRYmentS (3,529,472.) ServiceCostis one ye*6 VMnh
<br /> A.cr„wlvz.F:rsrrirnrr[7cFrrr 11 L3�rtflrswcrinFlrnv� eflubility for activs:sacrming
<br /> age and ten ice rnw srds Lxstsfit
<br /> Demographic Changes (5,596,403) eligihliry
<br /> Health Care Omts (10,534,D54)
<br /> Actual vs.Expected Benefit PaVtnenu (510,512)
<br /> :uunirytion de_Ferredausfkmzdnjkm [merestGastr unc year's
<br /> urrrh a[inrereat an rhe
<br /> Health Care TrendClunge 1,635,621 beginning ofyear liability less
<br /> Single Equnalent Interest Rate Change (1,046,466) inteemon brnefirpayroents
<br /> rnadr en bas�onthEnglyTotaI OPEB Liability June 30,.2023 5120,922,922 s-de nt is
<br /> Assumption Cbanges
<br /> Pre-Med icare trend rates changed to 7%i n 2022 decreasing to an ultimate rare of 4.3%by 2032
<br /> Medicare trend rates changed t+a 5,12546 in?4_'?decreasing to an uttimatc rate of 4.546 by 2O2S
<br /> i Single Equivalent Interest Rate increased from 3.5446 to 3.65%
<br /> Gains/Losses
<br /> X Gain due to reduction in active employee counts,offset by increase in retiree counts
<br /> Y Gain duc to very small increase in Medicare rates relative to expected increases
<br /> 3
<br /> 4 Slide #12
<br /> GAS-B 74/75 — Collective Results
<br /> Valuation Daic(VD): Itruc 30,2022 Junc 30,2020
<br /> Prior Measurement Date: lune 30,2022 June 30,2021
<br /> Measurement Date(MD): June i0,2023 June 30,,22022
<br /> Reporting Date(RD): June 30,2023 June 30,2022
<br /> Single Equivalent Interest Rate(SEIR):
<br /> Single Equivalent Interest Rate at Prior Measurement Datc 3.54% 2,164b
<br /> Single Equivalent Interest Rate at Measueetnent Date 3.65% 3.544tR
<br /> Net OPEB Liability:
<br /> Total OPER Liability (TOL) S 120,922.$22
<br /> Fiduciary Net Position of IrrevocableTrusr(I-NI' 18122 363,0#3
<br /> Net OPER L ability(NOL=TOL—FNP) S 120,541,187 $132,374,77.5
<br /> FNP as a percentage of TOL 0.32% 0.2744
<br /> Collective OPER Expensef(Income): $7,281,287 510,551,676
<br /> Deferred Ourflow of Resources: $24,420,296 $33,2,63,669
<br /> Deferred Inflow of Resources; $47,254,407 535,.512,377
<br /> 5 12
<br />
|