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            "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJune 30, 2020",
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            "text": "NOTE 10 – OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB) (Continued)",
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            "text": "The target allocation and best estimates of arithmetic real rates of return for each major asset class, as provided by TRS's investment consultant, are summarized in the following table:"
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                    "text": "Asset Class",
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                    "text": "Target Allocation",
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                    "text": "30 Year Expected Geometric Rate of Return",
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                    "text": "Global Equity",
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                    "bbox": {
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                    "text": "58.0%",
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                    "text": "5.1%",
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                    "text": "Fixed Income",
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                {
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                    "text": "9.0",
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                    "text": "1.2",
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                    "text": "Real Estate",
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                    "text": "6.5",
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                    "text": "3.8",
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                    "text": "Private Equity",
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                    "text": "Other Additional Categories *",
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                    "id": "p68.4.17",
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                    "id": "p68.4.18",
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                {
                    "id": "p68.4.19",
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                    "text": "Cash (LIBOR)",
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                    "text": "Total",
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                {
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                    "text": "100.0%",
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                    "id": "p68.4.24",
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                    "text": "",
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            "text": "Discount Rate - The discount rate used to measure the total OPEB liability was 8.00%. The projection of cash flows used to determine the discount rate assumed that plan member contributions will be made at the current contribution rates and the employer contributions will be made at statutorily required rates. Based on those assumptions, the OPEB plan's fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on OPEB plan investments was applied to all periods of projected benefit payments to determine the total OPEB liability."
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            "type": "text",
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            "text": "Sensitivity of the University's proportionate share of the net OPEB liability to changes in the discount rate The following table presents the University's proportionate share of the collective net OPEB liability of the System, calculated using the discount rate of 8.00%, as well as what the University's proportionate share of the collective net OPEB liability would be if it were calculated using a discount rate that is 1-percentage-point lower (7.00%) or 1-percentage-point higher (9.00%) than the current rate:"
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                    "attrs": {
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                    "id": "p68.7.2",
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                    "bbox": {
                        "l": 198.6,
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                    "text": "1% Decrease (7.00%)",
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                        "rowspan": 1,
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                {
                    "id": "p68.7.3",
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                        "l": 305.04,
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                    "text": "Current Discount Rate (8.00%)",
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                {
                    "id": "p68.7.4",
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                    "bbox": {
                        "l": 411.48,
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                    "text": "1% Increase (9.00%)",
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                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p68.7.5",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 92.16,
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                        "r": 198.6,
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                    "text": "University's net OPEB liability (MI)",
                    "attrs": {
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                        "col": 0,
                        "rowspan": 1,
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                    }
                },
                {
                    "id": "p68.7.6",
                    "order": 37,
                    "type": "table_cell",
                    "bbox": {
                        "l": 198.6,
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                        "r": 305.04,
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                    },
                    "text": "$ 5,837,000",
                    "attrs": {
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                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p68.7.7",
                    "order": 38,
                    "type": "table_cell",
                    "bbox": {
                        "l": 305.04,
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                    "text": "$ 4,927,000",
                    "attrs": {
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                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
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                },
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                    "id": "p68.7.8",
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                        "l": 411.48,
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                        "r": 517.92,
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                    },
                    "text": "$ 4,165,000",
                    "attrs": {
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                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
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            "type": "text",
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            "text": "Sensitivity of the University's proportionate share of the collective net OPEB liability to changes in the healthcare cost trend rates – The following presents the University's proportionate share of the collective net OPEB liability, as well as what the University's proportionate share of the collective net OPEB liability would be if it were calculated using healthcare cost trend rates that were 1-percentage-point lower or 1-percentage-point higher than the current healthcare cost trend rates:"
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        {
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            "order": 41,
            "type": "table",
            "bbox": {
                "l": 102.72,
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                "r": 518.4,
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            "text": "",
            "attrs": {
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                "n_cols": 4,
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            "children": [
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                    "order": 42,
                    "type": "table_cell",
                    "bbox": {
                        "l": 102.72,
                        "t": 186.72,
                        "r": 206.64,
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                    "text": "",
                    "attrs": {
                        "row": 0,
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                },
                {
                    "id": "p68.9.2",
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                    "bbox": {
                        "l": 206.64,
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                    "text": "1% Decrease",
                    "attrs": {
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                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p68.9.3",
                    "order": 44,
                    "type": "table_cell",
                    "bbox": {
                        "l": 310.56,
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                        "r": 414.48,
                        "b": 162.6
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                    "text": "Current Trend Rate",
                    "attrs": {
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                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p68.9.4",
                    "order": 45,
                    "type": "table_cell",
                    "bbox": {
                        "l": 414.48,
                        "t": 186.72,
                        "r": 518.4,
                        "b": 162.6
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                    "text": "1% Increase",
                    "attrs": {
                        "row": 0,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p68.9.5",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 102.72,
                        "t": 162.6,
                        "r": 206.64,
                        "b": 138.48
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                    "text": "University's net OPEB liability (MI)",
                    "attrs": {
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                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p68.9.6",
                    "order": 47,
                    "type": "table_cell",
                    "bbox": {
                        "l": 206.64,
                        "t": 162.6,
                        "r": 310.56,
                        "b": 138.48
                    },
                    "text": "$ 4,011,000",
                    "attrs": {
                        "row": 1,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p68.9.7",
                    "order": 48,
                    "type": "table_cell",
                    "bbox": {
                        "l": 310.56,
                        "t": 162.6,
                        "r": 414.48,
                        "b": 138.48
                    },
                    "text": "$ 4,927,000",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p68.9.8",
                    "order": 49,
                    "type": "table_cell",
                    "bbox": {
                        "l": 414.48,
                        "t": 162.6,
                        "r": 518.4,
                        "b": 138.48
                    },
                    "text": "$ 6,054,000",
                    "attrs": {
                        "row": 1,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
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                }
            ]
        },
        {
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            "text": "(Continued)"
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            "type": "footer",
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            "text": "53.",
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            "order": 52,
            "type": "footnote",
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            "text": "[p68.12.1]Modeled as 50% High Yield and 50% Bank Loans.",
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            "children": [
                {
                    "id": "p68.12.1",
                    "order": 53,
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