{
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    "item_count": 18,
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        "footer": 1,
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        "text": 11
    },
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            "id": "p66.1",
            "order": 1,
            "type": "header",
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            "text": "KENTUCKY STATE UNIVERSITY",
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            "level": 2
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            "text": "NOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2022",
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            "type": "heading",
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            "text": "NOTE 12 - OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB) (CONTINUED)",
            "attrs": {
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        },
        {
            "id": "p66.4",
            "order": 4,
            "type": "text",
            "bbox": {
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            "text": "Total OPEB Liability: The total other postemployment benefits (\"OPEB\") liability was determined by an actuarial valuation as of June 30, 2020. The financial reporting actuarial valuation as of June 30, 2021, used the following actuarial methods and assumptions, applied to all periods included in the measurement:"
        },
        {
            "id": "p66.5",
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            "text": "Valuation date June 30, 2019"
        },
        {
            "id": "p66.6",
            "order": 6,
            "type": "text",
            "bbox": {
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            "text": "Measurement date June 30, 2021"
        },
        {
            "id": "p66.7",
            "order": 7,
            "type": "text",
            "bbox": {
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            "text": "Inflation 2.30%"
        },
        {
            "id": "p66.8",
            "order": 8,
            "type": "text",
            "bbox": {
                "l": 80.64,
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            "text": "Payroll growth rate 0.00% for KERS nonhazardous and hazardous"
        },
        {
            "id": "p66.9",
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            "type": "text",
            "bbox": {
                "l": 80.16,
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                "b": 504.72
            },
            "text": "Salary increases 3.30 to 15.30%, varies by service for nonhazardous, and"
        },
        {
            "id": "p66.10",
            "order": 10,
            "type": "text",
            "bbox": {
                "l": 83.28,
                "t": 503.04,
                "r": 427.92,
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            },
            "text": "3.55% to 20.05%, varies by service for Hazardous"
        },
        {
            "id": "p66.11",
            "order": 11,
            "type": "text",
            "bbox": {
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            },
            "text": "Investment rate of return 6.25%"
        },
        {
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            "order": 12,
            "type": "text",
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                "b": 458.16
            },
            "text": "Healthcare trend rates"
        },
        {
            "id": "p66.13",
            "order": 13,
            "type": "text",
            "bbox": {
                "l": 84.96,
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                "r": 533.28,
                "b": 394.56
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            "text": "Pre-65 Initial trend starting at 6.25% at January 1, 2021, decreasing to an ultimate trend rate of 4.05% over 13 years.\nPost-65 Initial trend starting at 5.50% at January 1, 2021, decreasing to an ultimate trend rate of 4.05% over 14 years."
        },
        {
            "id": "p66.14",
            "order": 14,
            "type": "text",
            "bbox": {
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                "r": 541.68,
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            "text": "The mortality table used for active members is the PUB-2010 General Mortality Table (for the nonhazardous plan) and the PUB-2010 Public Safety Mortality Table projected with the ultimate rates from the MP-2014 mortality improvement scale using a base year of 2010. For healthy retired members and beneficiaries, the mortality table used is a system-specific mortality table based on mortality experience from 2013-2018, projected with the ultimate rates from the MP-2014 improvement scale using a base year of 2019. For disabled members, the PUB-2010 Disabled Mortality Table (set forward 4 years) projected with the ultimate rates from the MP-2014 mortality improvement scale using a base year of 2010 is used for the period after disability retirement. Discount rate assumptions:"
        },
        {
            "id": "p66.15",
            "order": 15,
            "type": "list",
            "bbox": {
                "l": 69.84,
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                "r": 538.8,
                "b": 140.16
            },
            "text": "",
            "attrs": {
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            "children": [
                {
                    "id": "p66.15.1",
                    "order": 16,
                    "type": "list_item",
                    "bbox": {
                        "l": 69.84,
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                        "r": 538.32,
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                    },
                    "text": "Discount Rate: The discount rate used to measure the total Nonhazardous OPEB liability was 5.26%, which was reduced from the 5.43% discount rate used in the prior year. The discount rate used to measure the total Hazardous OPEB liability was 5.01%, which was decreased from the 5.28% discount rate used in the prior year.",
                    "marker": "(a)"
                },
                {
                    "id": "p66.15.2",
                    "order": 17,
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                    "bbox": {
                        "l": 70.32,
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                    },
                    "text": "Projected Cash Flows: The projection of cash flows used to determine the discount rate assumed the local employers and plan members would contribute the actuarially determined",
                    "marker": "(b)"
                }
            ]
        },
        {
            "id": "p66.16",
            "order": 18,
            "type": "footer",
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                "b": 36.72
            },
            "text": "63.",
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            }
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    ],
    "excluded_furniture": {
        "first": [],
        "last": []
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