{
    "document_id": 15043,
    "page": 57,
    "width_pt": 612,
    "height_pt": 792,
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    "item_count": 47,
    "counts_by_type": {
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    },
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    "items": [
        {
            "id": "p57.1",
            "order": 1,
            "type": "header",
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            "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJune 30, 2020",
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            "level": 2
        },
        {
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            "type": "heading",
            "bbox": {
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            },
            "text": "NOTE 9 – DEFINED BENEFIT PENSION PLANS (Continued)",
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        {
            "id": "p57.3",
            "order": 3,
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            "text": "Sensitivity of the University's proportionate share of the net pension liability to changes in the discount rate - The following table presents the net pension liability of the University as of June 30, 2020, calculated using the discount rate of 7.50%, as well as what the University's net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.50%) or 1-percentage-point higher (8.50%) than the current rate:"
        },
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            "text": "",
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                    "id": "p57.4.1",
                    "order": 5,
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                    "text": "",
                    "attrs": {
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                },
                {
                    "id": "p57.4.2",
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                        "l": 193.14,
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                    },
                    "text": "1% Decrease (6.50%)",
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                        "col": 1,
                        "rowspan": 1,
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                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p57.4.3",
                    "order": 7,
                    "type": "table_cell",
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                        "l": 300.6,
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                    "text": "Current Discount Rate (7.50%)",
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                        "rowspan": 1,
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                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p57.4.4",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 408.06,
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                    "text": "1% Increase (8.50%)",
                    "attrs": {
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                        "rowspan": 1,
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                        "column_header": true,
                        "header_source": "heuristic"
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                {
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                    "bbox": {
                        "l": 85.68,
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                    },
                    "text": "Proportionate share of the Collective Net Pension Liability",
                    "attrs": {
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                    }
                },
                {
                    "id": "p57.4.6",
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                    "bbox": {
                        "l": 193.14,
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                    },
                    "text": "$28,273,635",
                    "attrs": {
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                    }
                },
                {
                    "id": "p57.4.7",
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                    "type": "table_cell",
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                        "l": 300.6,
                        "t": 568.77,
                        "r": 408.06,
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                    },
                    "text": "$22,158,930",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.8",
                    "order": 12,
                    "type": "table_cell",
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                        "l": 408.06,
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                    },
                    "text": "$16,984,188",
                    "attrs": {
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                    }
                },
                {
                    "id": "p57.4.9",
                    "order": 13,
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                        "l": 85.68,
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                    },
                    "text": "Summary Pension Plan Information:",
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                },
                {
                    "id": "p57.4.10",
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                        "r": 300.6,
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                    "text": "",
                    "attrs": {
                        "row": 2,
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                        "colspan": 1
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                },
                {
                    "id": "p57.4.11",
                    "order": 15,
                    "type": "table_cell",
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                        "l": 300.6,
                        "t": 548.1,
                        "r": 408.06,
                        "b": 527.43
                    },
                    "text": "",
                    "attrs": {
                        "row": 2,
                        "col": 2,
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                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.12",
                    "order": 16,
                    "type": "table_cell",
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                        "l": 408.06,
                        "t": 548.1,
                        "r": 515.52,
                        "b": 527.43
                    },
                    "text": "",
                    "attrs": {
                        "row": 2,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.13",
                    "order": 17,
                    "type": "table_cell",
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                    },
                    "text": "June 30, 2020",
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                    }
                },
                {
                    "id": "p57.4.14",
                    "order": 18,
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                        "l": 193.14,
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                    },
                    "text": "KERS Hazardous/Non-hazardous",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.15",
                    "order": 19,
                    "type": "table_cell",
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                        "l": 300.6,
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                    "text": "KTRS",
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                        "row": 3,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.16",
                    "order": 20,
                    "type": "table_cell",
                    "bbox": {
                        "l": 408.06,
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                        "b": 506.76
                    },
                    "text": "Total",
                    "attrs": {
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                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.17",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 85.68,
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                        "b": 486.09
                    },
                    "text": "Net pension liability",
                    "attrs": {
                        "row": 4,
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                    }
                },
                {
                    "id": "p57.4.18",
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                        "l": 193.14,
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                        "r": 300.6,
                        "b": 486.09
                    },
                    "text": "$42,468,333",
                    "attrs": {
                        "row": 4,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.19",
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                    "bbox": {
                        "l": 300.6,
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                    "text": "$22,158,930",
                    "attrs": {
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                },
                {
                    "id": "p57.4.20",
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                        "l": 408.06,
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                    "text": "$64,627,263",
                    "attrs": {
                        "row": 4,
                        "col": 3,
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                    }
                },
                {
                    "id": "p57.4.21",
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                    "bbox": {
                        "l": 85.68,
                        "t": 486.09,
                        "r": 193.14,
                        "b": 465.42
                    },
                    "text": "Deferred outflows of resources",
                    "attrs": {
                        "row": 5,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.22",
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                        "l": 193.14,
                        "t": 486.09,
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                    },
                    "text": "8,613,484",
                    "attrs": {
                        "row": 5,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.23",
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                        "l": 300.6,
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                    },
                    "text": "6,570,833",
                    "attrs": {
                        "row": 5,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.24",
                    "order": 28,
                    "type": "table_cell",
                    "bbox": {
                        "l": 408.06,
                        "t": 486.09,
                        "r": 515.52,
                        "b": 465.42
                    },
                    "text": "15,184,317",
                    "attrs": {
                        "row": 5,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.25",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 85.68,
                        "t": 465.42,
                        "r": 193.14,
                        "b": 444.75
                    },
                    "text": "Deferred inflows of resources",
                    "attrs": {
                        "row": 6,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.26",
                    "order": 30,
                    "type": "table_cell",
                    "bbox": {
                        "l": 193.14,
                        "t": 465.42,
                        "r": 300.6,
                        "b": 444.75
                    },
                    "text": "902,920",
                    "attrs": {
                        "row": 6,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.27",
                    "order": 31,
                    "type": "table_cell",
                    "bbox": {
                        "l": 300.6,
                        "t": 465.42,
                        "r": 408.06,
                        "b": 444.75
                    },
                    "text": "23,386,238",
                    "attrs": {
                        "row": 6,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.28",
                    "order": 32,
                    "type": "table_cell",
                    "bbox": {
                        "l": 408.06,
                        "t": 465.42,
                        "r": 515.52,
                        "b": 444.75
                    },
                    "text": "24,289,158",
                    "attrs": {
                        "row": 6,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.29",
                    "order": 33,
                    "type": "table_cell",
                    "bbox": {
                        "l": 85.68,
                        "t": 444.75,
                        "r": 193.14,
                        "b": 424.08
                    },
                    "text": "Pension expense (income)",
                    "attrs": {
                        "row": 7,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.30",
                    "order": 34,
                    "type": "table_cell",
                    "bbox": {
                        "l": 193.14,
                        "t": 444.75,
                        "r": 300.6,
                        "b": 424.08
                    },
                    "text": "6,697,927",
                    "attrs": {
                        "row": 7,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.31",
                    "order": 35,
                    "type": "table_cell",
                    "bbox": {
                        "l": 300.6,
                        "t": 444.75,
                        "r": 408.06,
                        "b": 424.08
                    },
                    "text": "(11,551,057)",
                    "attrs": {
                        "row": 7,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p57.4.32",
                    "order": 36,
                    "type": "table_cell",
                    "bbox": {
                        "l": 408.06,
                        "t": 444.75,
                        "r": 515.52,
                        "b": 424.08
                    },
                    "text": "(4,853,130)",
                    "attrs": {
                        "row": 7,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                }
            ]
        },
        {
            "id": "p57.5",
            "order": 37,
            "type": "heading",
            "bbox": {
                "l": 84.96,
                "t": 407.52,
                "r": 378.24,
                "b": 393.84
            },
            "text": "NOTE 10 - OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB)",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p57.6",
            "order": 38,
            "type": "text",
            "bbox": {
                "l": 84,
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                "r": 518.16,
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            },
            "text": "In addition to the pension plans disclosed in Note 9, the University's employees participate in either the Kentucky Teachers Retirement System (KTRS) OPEB Plan or the Kentucky Employees Retirement System (KERS) OPEB Plan depending on the retirement plan in which they participate. Each OPEB plan is described in detail below."
        },
        {
            "id": "p57.7",
            "order": 39,
            "type": "heading",
            "bbox": {
                "l": 85.2,
                "t": 332.4,
                "r": 354.48,
                "b": 318.96
            },
            "text": "Kentucky Employees Retirement System (KERS) OPEB Plan",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p57.8",
            "order": 40,
            "type": "text",
            "bbox": {
                "l": 85.2,
                "t": 312,
                "r": 518.88,
                "b": 264.72
            },
            "text": "Plan Description: The KERS OPEB Plan is a cost-sharing multiple-employer defined benefit OPEB plan, which was available to University employees hired prior to January 1, 2014. This plan provides medical insurance for eligible retirees and is administered by Kentucky Retirement System (KRS) who publishes a financial report located at https://kyret.ky.gov."
        },
        {
            "id": "p57.9",
            "order": 41,
            "type": "text",
            "bbox": {
                "l": 85.92,
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                "r": 524.4,
                "b": 222.24
            },
            "text": "OPEB Benefits Provided: The information below summarizes the major other postemployment retirement benefit provisions of KERS Non-Hazardous and Hazardous plans. It is not intended to be, nor should it be interpreted as, a complete statement of all benefit provisions:"
        },
        {
            "id": "p57.10",
            "order": 42,
            "type": "heading",
            "bbox": {
                "l": 86.88,
                "t": 214.8,
                "r": 323.28,
                "b": 201.6
            },
            "text": "Insurance Tier 1: Participation began before 7/1/2003",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p57.11",
            "order": 43,
            "type": "heading",
            "bbox": {
                "l": 87.6,
                "t": 193.2,
                "r": 316.56,
                "b": 180
            },
            "text": "Benefit Eligibility: Recipient of a retirement allowance",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p57.12",
            "order": 44,
            "type": "text",
            "bbox": {
                "l": 87.36,
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                "r": 524.88,
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            },
            "text": "Benefit: The percentage of member premiums paid by the retirement system are dependent on the number of years of service. Benefits also include duty disability retirements, duty death in service, non-duty death in service and surviving spouse of a retiree."
        },
        {
            "id": "p57.13",
            "order": 45,
            "type": "footer",
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            },
            "text": "42.",
            "attrs": {
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        },
        {
            "id": "p57.14",
            "order": 46,
            "type": "footer",
            "bbox": {
                "l": 281.28,
                "t": 96.48,
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            },
            "text": "(Continued)",
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        },
        {
            "id": "p57.15",
            "order": 47,
            "type": "footer",
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            "text": "Page 57 of 178",
            "attrs": {
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    ],
    "excluded_furniture": {
        "first": [],
        "last": []
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}