{ "document_id": 16531, "page": 49, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16642, "item_count": 33, "counts_by_type": { "footer": 1, "header": 1, "heading": 2, "table": 1, "table_cell": 28 }, "build_ms": 8, "items": [ { "id": "p49.1", "order": 1, "type": "header", "bbox": { "l": 217.68, "t": 754.56, "r": 393.6, "b": 740.64 }, "text": "KENTUCKY STATE UNIVERSITY", "attrs": { "block_label": "header" }, "level": 2 }, { "id": "p49.2", "order": 2, "type": "heading", "bbox": { "l": 215.76, "t": 722.88, "r": 395.28, "b": 695.28 }, "text": "NOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2022", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p49.3", "order": 3, "type": "heading", "bbox": { "l": 69.6, "t": 681.84, "r": 372.48, "b": 667.44 }, "text": "NOTE 10 – DEFINED BENEFIT PENSION PLANS (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p49.4", "order": 4, "type": "table", "bbox": { "l": 68.16, "t": 648, "r": 534.48, "b": 67.2 }, "text": "", "attrs": { "block_label": "table", "n_rows": 8, "n_cols": 4, "integrity": { "cells_checked": 24, "cells_flagged": 3, "flags": [ { "row": 2, "col": 1, "coverage": 0.14, "text": "Final Compensation × Benefit Factor × Years of Service" }, { "row": 3, "col": 2, "coverage": 0.04, "text": "5 complete fiscal years immediately preceding retirement; e…" }, { "row": 4, "col": 2, "coverage": 0.41, "text": "10 years or less = 1.10%. Greater than 10 years, but no mor…" } ] } }, "children": [ { "id": "p49.4.1", "order": 5, "type": "table_cell", "bbox": { "l": 68.16, "t": 648, "r": 184.74, "b": 575.4 }, "text": "", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.2", "order": 6, "type": "table_cell", "bbox": { "l": 255.477822, "t": 623.50501, "r": 312.572783, "b": 589.265762 }, "text": "Tier 1 Participation prior to September 1, 2008", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p49.4.3", "order": 7, "type": "table_cell", "bbox": { "l": 360.932297, "t": 647.143932, "r": 415.516474, "b": 589.265762 }, "text": "Tier 2 Participation September 1, 2008 Through December 31, 2013", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p49.4.4", "order": 8, "type": "table_cell", "bbox": { "l": 465.104446, "t": 623.50501, "r": 509.353833, "b": 589.265762 }, "text": "Tier 3 Participation January 1, 2014", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p49.4.5", "order": 9, "type": "table_cell", "bbox": { "l": 73.319727, "t": 587.983129, "r": 113.669791, "b": 577.505972 }, "text": "Nonhazardous", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.6", "order": 10, "type": "table_cell", "bbox": { "l": 184.74, "t": 575.4, "r": 301.32, "b": 502.8 }, "text": "", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.7", "order": 11, "type": "table_cell", "bbox": { "l": 301.32, "t": 575.4, "r": 417.9, "b": 502.8 }, "text": "", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.8", "order": 12, "type": "table_cell", "bbox": { "l": 417.9, "t": 575.4, "r": 534.48, "b": 502.8 }, "text": "", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.9", "order": 13, "type": "table_cell", "bbox": { "l": 73.319727, "t": 564.344196, "r": 116.865334, "b": 553.867039 }, "text": "Benefit Formula", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.10", "order": 14, "type": "table_cell", "bbox": { "l": 184.74, "t": 502.8, "r": 417.9, "b": 430.2 }, "text": "Final Compensation × Benefit Factor × Years of Service", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 2 } }, { "id": "p49.4.11", "order": 15, "type": "table_cell", "bbox": { "l": 444.23091, "t": 564.344196, "r": 494.034454, "b": 553.867039 }, "text": "Cash Balance Plan", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.12", "order": 16, "type": "table_cell", "bbox": { "l": 73.319727, "t": 541.18211, "r": 128.132157, "b": 530.7049529999999 }, "text": "Final Compensation", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.13", "order": 17, "type": "table_cell", "bbox": { "l": 237.344894, "t": 541.18211, "r": 326.705633, "b": 483.427604 }, "text": "Average of the highest 5 fiscal years (must contain at least 48 months). Includes lump-sum compensation payments (before and at retirement).", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.14", "order": 18, "type": "table_cell", "bbox": { "l": 301.32, "t": 430.2, "r": 417.9, "b": 357.6 }, "text": "5 complete fiscal years immediately preceding retirement; each year must contain 12 months. Lump-sum compensation payments (before and at retirement) are not to be included in creditable compensation.", "attrs": { "row": 3, "col": 2, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.15", "order": 19, "type": "table_cell", "bbox": { "l": 444.237503, "t": 541.18211, "r": 509.004302, "b": 530.7049529999999 }, "text": "No Final Compensation", "attrs": { "row": 3, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.16", "order": 20, "type": "table_cell", "bbox": { "l": 73.319727, "t": 428.022955, "r": 111.279475, "b": 417.545798 }, "text": "Benefit Factor", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.17", "order": 21, "type": "table_cell", "bbox": { "l": 237.344894, "t": 428.022955, "r": 326.160687, "b": 393.903529 }, "text": "1.97% or 2.0% for those retiring with service for all months between 1/1998 and 1/1999.", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.18", "order": 22, "type": "table_cell", "bbox": { "l": 301.32, "t": 357.6, "r": 417.9, "b": 285 }, "text": "10 years or less = 1.10%. Greater than 10 years, but no more than 20 years = 1.30%. Greater than 20 years, but no more than 26 years = 1.50%. Greater than 26 years, but no more than 30 years = 1.75%. Additional years above 30 – 2.00% (2.00% benefit factor only applies to service earned in excess of 30 years).", "attrs": { "row": 4, "col": 2, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.19", "order": 23, "type": "table_cell", "bbox": { "l": 444.237503, "t": 428.022955, "r": 523.225734, "b": 346.62618 }, "text": "No benefit factor. A life annuity can be calculated in accordance with actuarial assumptions and methods adopted by the board based on member's accumulated account balance.", "attrs": { "row": 4, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.20", "order": 24, "type": "table_cell", "bbox": { "l": 73.319727, "t": 279.94288700000004, "r": 167.163426, "b": 269.46573 }, "text": "Cost of Living Adjustment (COLA)", "attrs": { "row": 5, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.21", "order": 25, "type": "table_cell", "bbox": { "l": 237.35725, "t": 279.94288700000004, "r": 527.758515, "b": 257.705964 }, "text": "No COLA unless authorized by the Legislature. If authorized, the COLA is limited to 1.5%. This impacts all retirees regardless of Tier.", "attrs": { "row": 5, "col": 1, "rowspan": 1, "colspan": 3, "bbox_refit": true } }, { "id": "p49.4.22", "order": 26, "type": "table_cell", "bbox": { "l": 73.319727, "t": 242.74125700000002, "r": 158.394705, "b": 232.26409999999998 }, "text": "Unreduced Retirement Benefit", "attrs": { "row": 6, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.23", "order": 27, "type": "table_cell", "bbox": { "l": 237.344894, "t": 242.74125700000002, "r": 331.993495, "b": 184.98191099999997 }, "text": "Any age with 27 years of service. Age 65 with 48 months of service. Money purchase for age 65 with less than 48 months based on contributions and interest.", "attrs": { "row": 6, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.24", "order": 28, "type": "table_cell", "bbox": { "l": 345.596954, "t": 242.74125700000002, "r": 525.460346, "b": 196.86201700000004 }, "text": "Rule of 87: Member must be at least age 57 and age plus earned service must equal 87 years at retirement to retire under this provision. Age 65 with 5 years of earned service. No month purchased calculations.", "attrs": { "row": 6, "col": 2, "rowspan": 1, "colspan": 2, "bbox_refit": true } }, { "id": "p49.4.25", "order": 29, "type": "table_cell", "bbox": { "l": 73.319727, "t": 141.45736899999997, "r": 149.771813, "b": 130.98021200000005 }, "text": "Reduced Retirement Benefit", "attrs": { "row": 7, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.26", "order": 30, "type": "table_cell", "bbox": { "l": 184.74, "t": 139.8, "r": 301.32, "b": 67.2 }, "text": "Any age with 25 years of service. Age 55 with 5 years of service.", "attrs": { "row": 7, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p49.4.27", "order": 31, "type": "table_cell", "bbox": { "l": 345.596954, "t": 141.45736899999997, "r": 420.844372, "b": 95.46262899999999 }, "text": "Age 60 with 10 years of service. Excludes purchased service (exception: refunds, omitted, free military).", "attrs": { "row": 7, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p49.4.28", "order": 32, "type": "table_cell", "bbox": { "l": 444.237503, "t": 141.45736899999997, "r": 529.363205, "b": 130.98021200000005 }, "text": "No reduced retirement benefit.", "attrs": { "row": 7, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p49.5", "order": 33, "type": "footer", "bbox": { "l": 297.6, "t": 48.24, "r": 312.72, "b": 36.96 }, "text": "46.", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }