{ "document_id": 16532, "page": 37, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16643, "item_count": 24, "counts_by_type": { "footer": 1, "header": 1, "heading": 1, "table": 1, "table_cell": 20 }, "build_ms": 7, "items": [ { "id": "p37.1", "order": 1, "type": "header", "bbox": { "l": 215.28, "t": 764.4, "r": 395.52, "b": 716.64 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\n(Continued)\nJune 30, 2021", "attrs": { "block_label": "header" }, "level": 2 }, { "id": "p37.2", "order": 2, "type": "heading", "bbox": { "l": 69.6, "t": 694.32, "r": 363.36, "b": 679.68 }, "text": "NOTE 9 – DEFINED BENEFIT PENSION PLANS (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p37.3", "order": 3, "type": "table", "bbox": { "l": 69.6, "t": 660.96, "r": 551.731729, "b": 154.32 }, "text": "", "attrs": { "block_label": "table", "n_rows": 6, "n_cols": 4, "integrity": { "cells_checked": 20, "cells_flagged": 1, "flags": [ { "row": 3, "col": 2, "coverage": 0.55, "text": "10 years or less = 1.10%. Greater than 10 years, but no mor…" } ] } }, "children": [ { "id": "p37.3.1", "order": 4, "type": "table_cell", "bbox": { "l": 73.557959, "t": 603.1160629999999, "r": 122.391281, "b": 593.499398 }, "text": "Non-Hazardous", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p37.3.2", "order": 5, "type": "table_cell", "bbox": { "l": 270.115886, "t": 636.717643, "r": 328.828783, "b": 604.89769 }, "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": "p37.3.3", "order": 6, "type": "table_cell", "bbox": { "l": 376.071858, "t": 659.038744, "r": 433.575011, "b": 604.89769 }, "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": "p37.3.4", "order": 7, "type": "table_cell", "bbox": { "l": 490.670797, "t": 636.717643, "r": 538.361583, "b": 604.89769 }, "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": "p37.3.5", "order": 8, "type": "table_cell", "bbox": { "l": 73.557959, "t": 581.034796, "r": 119.165298, "b": 571.418132 }, "text": "Benefit Formula", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.6", "order": 9, "type": "table_cell", "bbox": { "l": 189.54, "t": 576.52, "r": 429.42, "b": 492.08 }, "text": "Final Compensation × Benefit Factor × Years of Service", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 2 } }, { "id": "p37.3.7", "order": 10, "type": "table_cell", "bbox": { "l": 476.402625, "t": 581.034796, "r": 531.620706, "b": 571.418132 }, "text": "Cash Balance Plan", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.8", "order": 11, "type": "table_cell", "bbox": { "l": 73.557959, "t": 557.156893, "r": 130.725071, "b": 547.540229 }, "text": "Final Compensation", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.9", "order": 12, "type": "table_cell", "bbox": { "l": 257.3718, "t": 557.156893, "r": 338.696926, "b": 491.857908 }, "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": 2, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.10", "order": 13, "type": "table_cell", "bbox": { "l": 357.83412, "t": 557.156893, "r": 450.487049, "b": 469.536807 }, "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": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.11", "order": 14, "type": "table_cell", "bbox": { "l": 476.391577, "t": 557.156893, "r": 543.371055, "b": 547.540229 }, "text": "No Final Compensation", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.12", "order": 15, "type": "table_cell", "bbox": { "l": 73.557959, "t": 429.953936, "r": 114.171744, "b": 420.337272 }, "text": "Benefit Factor", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.13", "order": 16, "type": "table_cell", "bbox": { "l": 257.3718, "t": 429.953936, "r": 338.286957, "b": 386.858253 }, "text": "1.97% or 2.0% for those retiring with service for all months between 1/1998 and 1/1999.", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.14", "order": 17, "type": "table_cell", "bbox": { "l": 309.48, "t": 407.64, "r": 429.42, "b": 323.2 }, "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": 3, "col": 2, "rowspan": 1, "colspan": 1 } }, { "id": "p37.3.15", "order": 18, "type": "table_cell", "bbox": { "l": 476.391577, "t": 429.953936, "r": 551.731729, "b": 342.337009 }, "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": 3, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.16", "order": 19, "type": "table_cell", "bbox": { "l": 73.557959, "t": 263.75007700000003, "r": 169.887165, "b": 254.13341300000002 }, "text": "Cost of Living Adjustment (COLA)", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.17", "order": 20, "type": "table_cell", "bbox": { "l": 257.395425, "t": 263.75007700000003, "r": 528.84848, "b": 242.97546899999998 }, "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": 4, "col": 1, "rowspan": 1, "colspan": 3, "bbox_refit": true } }, { "id": "p37.3.18", "order": 21, "type": "table_cell", "bbox": { "l": 73.557959, "t": 224.14903800000002, "r": 162.386753, "b": 214.532374 }, "text": "Unreduced Retirement Benefit", "attrs": { "row": 5, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.19", "order": 22, "type": "table_cell", "bbox": { "l": 257.3718, "t": 224.14903800000002, "r": 342.211903, "b": 158.73222899999996 }, "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": 5, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p37.3.20", "order": 23, "type": "table_cell", "bbox": { "l": 357.83412, "t": 224.14903800000002, "r": 543.838941, "b": 181.053355 }, "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": 5, "col": 2, "rowspan": 1, "colspan": 2, "bbox_refit": true } } ] }, { "id": "p37.4", "order": 24, "type": "footer", "bbox": { "l": 524.4, "t": 47.76, "r": 539.04, "b": 36.48 }, "text": "34.", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }