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            "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJune 30, 2020",
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            "text": "NOTE 9 – DEFINED BENEFIT PENSION PLANS (Continued)",
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            "text": "The target asset allocation and best estimates of arithmetic nominal rates of return for each major asset class are summarized in the following table:"
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                    "text": "Total",
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                {
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                    "text": "100.00%",
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            "text": "Changes in Assumptions and Benefit Terms Since Prior Measurement Date – The Board of Trustees of KERS adopted new actuarial assumptions since June 30, 2018. These assumptions are documented in the report titled “Kentucky Retirement Systems 2018 Actuarial Experience Study for the Period Ending June 30, 2018”. The Total Pension liability as of June 30, 2019, was determined using these updated assumptions."
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            "text": "(Continued)",
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            "text": "Page 51 of 178",
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