{ "document_id": 16528, "page": 63, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16639, "item_count": 21, "counts_by_type": { "footer": 1, "heading": 2, "table": 1, "table_cell": 15, "text": 1, "title": 1 }, "build_ms": 3, "items": [ { "id": "p63.1", "order": 1, "type": "title", "bbox": { "l": 206.4, "t": 756.24, "r": 405.36, "b": 717.6 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2024", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p63.2", "order": 2, "type": "heading", "bbox": { "l": 51.84, "t": 674.88, "r": 473.52, "b": 660.72 }, "text": "NOTE 10 OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB) (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p63.3", "order": 3, "type": "heading", "bbox": { "l": 105.12, "t": 649.44, "r": 440.88, "b": 636.48 }, "text": "Kentucky Teachers' Retirement System OPEB Plan (Continued)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p63.4", "order": 4, "type": "table", "bbox": { "l": 118.08, "t": 637.92, "r": 557.875242, "b": 284.4 }, "text": "", "attrs": { "block_label": "table", "n_rows": 8, "n_cols": 2, "integrity": { "cells_checked": 15, "cells_flagged": 0 } }, "children": [ { "id": "p63.4.1", "order": 5, "type": "table_cell", "bbox": { "l": 126, "t": 633.6969, "r": 557.875242, "b": 580.4632799999999 }, "text": "Medical Insurance Plan (Continued)\nActuarial Assumptions\nThe total OPEB liability in the June 30, 2023 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement:", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 2, "bbox_refit": true, "merged_continuation": true } }, { "id": "p63.4.2", "order": 6, "type": "table_cell", "bbox": { "l": 126, "t": 567.45198, "r": 254.37267, "b": 517.8663 }, "text": "Valuation Date\nMeasurement Date\nInvestment Rate of Return", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p63.4.3", "order": 7, "type": "table_cell", "bbox": { "l": 341.983188, "t": 567.45198, "r": 524.22264, "b": 505.20636 }, "text": "June 30, 2022\nJune 30, 2023\n7.10%, Net of OPEB Plan Investment Expense, Including Inflation", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p63.4.4", "order": 8, "type": "table_cell", "bbox": { "l": 126, "t": 498.79404, "r": 257.439384, "b": 430.60824 }, "text": "Projected Salary Increases\nInflation Rate\nReal Wage Growth\nWage Inflation", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p63.4.5", "order": 9, "type": "table_cell", "bbox": { "l": 341.99307, "t": 498.79404, "r": 489.995784, "b": 430.60824 }, "text": "3.00-7.50%, Including Inflation\n2.50%\n0.25%\n2.75%", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p63.4.6", "order": 10, "type": "table_cell", "bbox": { "l": 126, "t": 424.19592, "r": 268.398522, "b": 399.2823 }, "text": "Healthcare Cost Trend Rates Medical Trend", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.7", "order": 11, "type": "table_cell", "bbox": { "l": 341.985384, "t": 411.53598, "r": 527.279472, "b": 386.62236 }, "text": "6.75% for FYE 2023 Decreasing to an Ultimate Rate of 4.50% by FY 2032", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.8", "order": 12, "type": "table_cell", "bbox": { "l": 135.0036, "t": 380.27592, "r": 266.430906, "b": 368.02224 }, "text": "Medicare Part B Premiums", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.9", "order": 13, "type": "table_cell", "bbox": { "l": 341.99856, "t": 380.27592, "r": 548.62569, "b": 355.3623 }, "text": "1.55% for FYE 2023 with an Ultimate Rate of 4.50% by 2034", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.10", "order": 14, "type": "table_cell", "bbox": { "l": 126, "t": 348.94998, "r": 257.494284, "b": 336.6963 }, "text": "Municipal Bond Index Rate", "attrs": { "row": 5, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.11", "order": 15, "type": "table_cell", "bbox": { "l": 341.988678, "t": 348.94998, "r": 373.16529, "b": 336.6963 }, "text": "3.66%", "attrs": { "row": 5, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.12", "order": 16, "type": "table_cell", "bbox": { "l": 126, "t": 330.28398, "r": 195.09714, "b": 318.0303 }, "text": "Discount Rate", "attrs": { "row": 6, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.13", "order": 17, "type": "table_cell", "bbox": { "l": 341.97111, "t": 311.68386, "r": 376.19028, "b": 299.43018 }, "text": "7.10%", "attrs": { "row": 6, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.14", "order": 18, "type": "table_cell", "bbox": { "l": 126, "t": 311.68386, "r": 276.981588, "b": 299.43018 }, "text": "Single Equivalent Interest Rate", "attrs": { "row": 7, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p63.4.15", "order": 19, "type": "table_cell", "bbox": { "l": 337.2, "t": 307.968, "r": 556.32, "b": 284.4 }, "text": "7.10%, Net of OPEB Plan Investment Expense, Including Price Inflation", "attrs": { "row": 7, "col": 1, "rowspan": 1, "colspan": 1 } } ] }, { "id": "p63.5", "order": 20, "type": "text", "bbox": { "l": 123.36, "t": 274.8, "r": 559.68, "b": 221.76 }, "text": "Mortality rates were based on the Pub-2010 (Teachers Benefit-Weighted) Mortality Table projected generationally with MP-2020 with various set-forwards, set-backs, and adjustments for each of the groups: service, retirees, contingent annuitants, disabled retirees, and active members." }, { "id": "p63.6", "order": 21, "type": "footer", "bbox": { "l": 297.36, "t": 46.32, "r": 314.64, "b": 34.56 }, "text": "(60)", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }