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            "type": "title",
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            "text": "KENTUCKY STATE UNIVERSITY\nNotes to the Financial Statements, continued",
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            "text": "9. Pension Plans, continued",
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            "type": "text",
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            "text": "Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions, continued"
        },
        {
            "id": "p45.4",
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            "text": "$2,183,786 reported as deferred outflows of resources related to pensions resulting from University contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2017. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows:"
        },
        {
            "id": "p45.5",
            "order": 5,
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            "text": "Years ended June 30:",
            "level": 3
        },
        {
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            "type": "table",
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                "r": 237.84,
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            },
            "text": "",
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                    "id": "p45.6.1",
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                    "text": "2017",
                    "attrs": {
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                        "l": 178.2,
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                    "text": "$1,532,025",
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                    "text": "2018",
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                {
                    "id": "p45.6.4",
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                    "text": "1,532,025",
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                },
                {
                    "id": "p45.6.5",
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                    "text": "2019",
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                    "bbox": {
                        "l": 178.2,
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                    "text": "1,532,025",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p45.6.7",
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                    "bbox": {
                        "l": 118.56,
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                    "text": "2020",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p45.6.8",
                    "order": 14,
                    "type": "table_cell",
                    "bbox": {
                        "l": 178.2,
                        "t": 494.52,
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                    },
                    "text": "630,808",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p45.6.9",
                    "order": 15,
                    "type": "table_cell",
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                        "l": 118.56,
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                    "text": "2021",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p45.6.10",
                    "order": 16,
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                    "text": "149,883",
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                    }
                },
                {
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                    "text": "Total",
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                },
                {
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                    "text": "$5,376,766",
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        },
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            "order": 19,
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            "text": "Actuarial Assumptions",
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            "text": "The total pension liability in the June 30, 2015 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement:"
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            "text": "",
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                    "id": "p45.9.1",
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                    "text": "Inflation",
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                    "text": "3.5 percent",
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                    "text": "Salary increases",
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                },
                {
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                    "text": "4.00-8.20 percent",
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                },
                {
                    "id": "p45.9.5",
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                    "text": "Investment rate of return",
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                    "id": "p45.9.6",
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                    "text": "7.50 percent, net of pension plan investment expense, including inflation",
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            "text": "Mortality rates were based on the RP-2000 Combined Mortality Table for Males or Females, as appropriate, with adjustments for mortality improvements based on a projection of Scale AA to 2020 with a setback of 1 year for females."
        },
        {
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            "text": "The long-term expected rate of return on pension plan investments was determined using a log-normal distribution analysis in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the target asset allocation percentage and by adding expected inflation."
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            "type": "footer",
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            "text": "43",
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}