{ "document_id": 16532, "page": 43, "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": 21, "counts_by_type": { "footer": 2, "heading": 1, "table": 1, "table_cell": 14, "text": 2, "title": 1 }, "build_ms": 6, "items": [ { "id": "p43.1", "order": 1, "type": "title", "bbox": { "l": 215.76, "t": 763.68, "r": 395.76, "b": 717.36 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\n(Continued)\nJune 30, 2021", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p43.2", "order": 2, "type": "heading", "bbox": { "l": 69.6, "t": 693.36, "r": 363.12, "b": 679.92 }, "text": "NOTE 9 – DEFINED BENEFIT PENSION PLANS (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p43.3", "order": 3, "type": "text", "bbox": { "l": 70.56, "t": 669.6, "r": 152.64, "b": 657.36 }, "text": "Benefits Provided" }, { "id": "p43.4", "order": 4, "type": "table", "bbox": { "l": 71.52, "t": 647.04, "r": 514.08, "b": 215.52 }, "text": "", "attrs": { "block_label": "table", "n_rows": 5, "n_cols": 3, "integrity": { "cells_checked": 13, "cells_flagged": 0 } }, "children": [ { "id": "p43.4.1", "order": 5, "type": "table_cell", "bbox": { "l": 71.52, "t": 647.04, "r": 219.04, "b": 560.736 }, "text": "", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1 } }, { "id": "p43.4.2", "order": 6, "type": "table_cell", "bbox": { "l": 301.916365, "t": 635.926659, "r": 370.073735, "b": 608.772736 }, "text": "Tier 1\\nParticipation prior to\\nJuly 1, 2008", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p43.4.3", "order": 7, "type": "table_cell", "bbox": { "l": 418.554722, "t": 635.926659, "r": 498.157475, "b": 608.772736 }, "text": "Tier 2\\nParticipation on or After\\nJuly 1, 2008", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p43.4.4", "order": 8, "type": "table_cell", "bbox": { "l": 73.798022, "t": 588.4090679999999, "r": 143.05546, "b": 580.2155809999999 }, "text": "Covered Employees:", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.5", "order": 9, "type": "table_cell", "bbox": { "l": 287.257918, "t": 588.4090679999999, "r": 381.57742, "b": 542.175528 }, "text": "University faculty and\\nprofessional staff that do not\\nchoose the Optional\\nRetirement Plan (Deferred\\nContribution)", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.6", "order": 10, "type": "table_cell", "bbox": { "l": 403.794844, "t": 588.4090679999999, "r": 508.316855, "b": 551.774052 }, "text": "University faculty and\\nprofessional staff that do not\\nchoose the Optional Retirement\\nPlan (Deferred Contribution)", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.7", "order": 11, "type": "table_cell", "bbox": { "l": 73.798022, "t": 531.409476, "r": 128.777989, "b": 523.215989 }, "text": "Benefit Formula:", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.8", "order": 12, "type": "table_cell", "bbox": { "l": 287.257918, "t": 531.409476, "r": 476.032613, "b": 523.215989 }, "text": "Final Compensation X Benefit Factor X Years of Service", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 2, "bbox_refit": true } }, { "id": "p43.4.9", "order": 13, "type": "table_cell", "bbox": { "l": 73.798022, "t": 512.449937, "r": 142.119232, "b": 504.256451 }, "text": "Final Compensation:", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.10", "order": 14, "type": "table_cell", "bbox": { "l": 287.257918, "t": 512.449937, "r": 387.030946, "b": 399.7393 }, "text": "Average of the highest 5\\nannual salaries reduced 5% per year from the earlier of\\nage 60 or the date 27 years of service would have been completed. Average of the highest 3 annual salaries if age 55 with 27 or more years of service. The minimum annual service allowance for all members is $440 multiplied by credited service.", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.11", "order": 15, "type": "table_cell", "bbox": { "l": 403.794844, "t": 512.449937, "r": 510.493584, "b": 409.216827 }, "text": "Average of the highest 5 annual\\nsalaries reduced 6% per year\\nfrom the earlier of age 60 or the\\ndate 27 years of service would\\nhave been completed. Average\\nof the highest 3 annual salaries\\nif age 55 with 27 or more years\\nof service. The minimum annual\\nservice allowance for all\\nmembers is $440 multiplied by\\ncredited service.", "attrs": { "row": 3, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.12", "order": 16, "type": "table_cell", "bbox": { "l": 73.798022, "t": 379.370238, "r": 123.238642, "b": 371.176752 }, "text": "Benefit Factor:", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.13", "order": 17, "type": "table_cell", "bbox": { "l": 287.257918, "t": 379.370238, "r": 380.633391, "b": 257.17756799999995 }, "text": "Non-University members: 2.00% for service prior to 7/1/1983; 2.50% for service after 7/1/1983; 2.00% if participation after 7/1/2002 and less than 10 years; 2.50% if participation after 7/1/2002 and more than 10 years; 3.00% if retire after 7/1/2004 with more than 30 years. University members: 2.0% for each year of service.", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p43.4.14", "order": 18, "type": "table_cell", "bbox": { "l": 403.794844, "t": 379.370238, "r": 511.765293, "b": 228.74052400000005 }, "text": "Non-University members: 1.70% if less than 10 years; 2.00% if greater than 10 years, but no more than 20 years; 2.30% if greater than 20 years, but no more than 26 years; 2.50% if greater than 26 years, but no more than 30 years; 3.00% for service greater than 30 years. University members: 1.50% if less than 10 years; 1.70% if greater than 10 years, but less than 20 years; 1.85% if greater than 20 years, but less than 27 years; 2.00% if greater than 27 years.", "attrs": { "row": 4, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p43.5", "order": 19, "type": "text", "bbox": { "l": 284.88, "t": 167.52, "r": 534.48, "b": 146.64 }, "text": "No COLA unless authorized by the Legislature. If authorized, the COLA is limited to 1.5%. This impacts all retirees regardless of Tier." }, { "id": "p43.6", "order": 20, "type": "footer", "bbox": { "l": 72.24, "t": 167.52, "r": 187.2, "b": 156.48 }, "text": "Cost of Living Adjustment (COLA)", "attrs": { "block_label": "footer" } }, { "id": "p43.7", "order": 21, "type": "footer", "bbox": { "l": 524.88, "t": 47.04, "r": 538.8, "b": 36.48 }, "text": "40.", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }