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            "id": "p58.1",
            "order": 1,
            "type": "title",
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            "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2023",
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            "order": 2,
            "type": "heading",
            "bbox": {
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                "t": 674.64,
                "r": 376.8,
                "b": 661.2
            },
            "text": "NOTE 8 DEFINED BENEFIT PENSION PLANS (CONTINUED)",
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            },
            "level": 3
        },
        {
            "id": "p58.3",
            "order": 3,
            "type": "heading",
            "bbox": {
                "l": 104.88,
                "t": 649.44,
                "r": 497.52,
                "b": 636.72
            },
            "text": "Kentucky Teachers' Retirement System - Defined Benefit Plan (Continued)",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p58.4",
            "order": 4,
            "type": "text",
            "bbox": {
                "l": 123.36,
                "t": 634.08,
                "r": 559.2,
                "b": 609.6
            },
            "text": "Sensitivity of the University's Proportionate Share of the Net Pension Liability to Changes in the Discount Rate"
        },
        {
            "id": "p58.5",
            "order": 5,
            "type": "text",
            "bbox": {
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            },
            "text": "The following table presents the net pension liability of the University as of June 30, 2023, calculated using the discount rate of 7.10%, as well as what the University's net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (6.10%) or 1-percentage-point higher (8.10%) than the current rate."
        },
        {
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            "order": 6,
            "type": "table",
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                "r": 558.24,
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            },
            "text": "",
            "attrs": {
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            "children": [
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                    "id": "p58.6.1",
                    "order": 7,
                    "type": "table_cell",
                    "bbox": {
                        "l": 117.84,
                        "t": 553.44,
                        "r": 227.94,
                        "b": 529.59
                    },
                    "text": "",
                    "attrs": {
                        "row": 0,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p58.6.2",
                    "order": 8,
                    "type": "table_cell",
                    "bbox": {
                        "l": 343.019515,
                        "t": 548.991991,
                        "r": 385.998283,
                        "b": 512.930059
                    },
                    "text": "1% Decrease (6.10)%",
                    "attrs": {
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                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
                        "header_source": "heuristic"
                    }
                },
                {
                    "id": "p58.6.3",
                    "order": 9,
                    "type": "table_cell",
                    "bbox": {
                        "l": 423.083646,
                        "t": 548.991991,
                        "r": 462.232702,
                        "b": 512.930059
                    },
                    "text": "Current Discount (7.10)%",
                    "attrs": {
                        "row": 0,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
                        "header_source": "heuristic"
                    }
                },
                {
                    "id": "p58.6.4",
                    "order": 10,
                    "type": "table_cell",
                    "bbox": {
                        "l": 501.508046,
                        "t": 548.991991,
                        "r": 540.036692,
                        "b": 512.930059
                    },
                    "text": "1% Increase (8.10)%",
                    "attrs": {
                        "row": 0,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
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                    "bbox": {
                        "l": 128.400296,
                        "t": 511.612769,
                        "r": 270.881414,
                        "b": 487.61049
                    },
                    "text": "Proportionate Share of the Collective Net Pension Liability",
                    "attrs": {
                        "row": 1,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
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                    "bbox": {
                        "l": 342.850129,
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                        "b": 487.61049
                    },
                    "text": "$ 29,662,966",
                    "attrs": {
                        "row": 1,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.7",
                    "order": 13,
                    "type": "table_cell",
                    "bbox": {
                        "l": 421.015942,
                        "t": 498.772945,
                        "r": 471.244202,
                        "b": 487.61049
                    },
                    "text": "$ 23,214,213",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.8",
                    "order": 14,
                    "type": "table_cell",
                    "bbox": {
                        "l": 499.194784,
                        "t": 498.772945,
                        "r": 549.357896,
                        "b": 487.61049
                    },
                    "text": "$ 17,891,304",
                    "attrs": {
                        "row": 1,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.9",
                    "order": 15,
                    "type": "table_cell",
                    "bbox": {
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                    },
                    "text": "Summary Pension Plan Information",
                    "attrs": {
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                        "col": 0,
                        "rowspan": 1,
                        "colspan": 4,
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                    }
                },
                {
                    "id": "p58.6.10",
                    "order": 16,
                    "type": "table_cell",
                    "bbox": {
                        "l": 117.84,
                        "t": 481.89,
                        "r": 227.94,
                        "b": 458.04
                    },
                    "text": "",
                    "attrs": {
                        "row": 3,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p58.6.11",
                    "order": 17,
                    "type": "table_cell",
                    "bbox": {
                        "l": 331.859732,
                        "t": 450.950271,
                        "r": 397.104151,
                        "b": 414.88919
                    },
                    "text": "KERS Hazardous/ Nonhazardous",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.12",
                    "order": 18,
                    "type": "table_cell",
                    "bbox": {
                        "l": 429.292374,
                        "t": 426.049524,
                        "r": 456.041222,
                        "b": 414.88919
                    },
                    "text": "KTRS",
                    "attrs": {
                        "row": 3,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.13",
                    "order": 19,
                    "type": "table_cell",
                    "bbox": {
                        "l": 509.656186,
                        "t": 426.049524,
                        "r": 531.960925,
                        "b": 414.88919
                    },
                    "text": "Total",
                    "attrs": {
                        "row": 3,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p58.6.14",
                    "order": 20,
                    "type": "table_cell",
                    "bbox": {
                        "l": 128.399899,
                        "t": 413.56915,
                        "r": 271.103523,
                        "b": 365.027694
                    },
                    "text": "Net Pension Liability\nDeferred Outflows of Resources\nDeferred Inflows of Resources\nPension Expense (Income)",
                    "attrs": {
                        "row": 4,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "merged_continuation": true
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                },
                {
                    "id": "p58.6.15",
                    "order": 21,
                    "type": "table_cell",
                    "bbox": {
                        "l": 342.876794,
                        "t": 413.56915,
                        "r": 396.400551,
                        "b": 365.027694
                    },
                    "text": "$ 32,354,723\n3,300,042\n1,721,019\n(3,797,786)",
                    "attrs": {
                        "row": 4,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "merged_continuation": true
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                {
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                    "bbox": {
                        "l": 421.015545,
                        "t": 413.56915,
                        "r": 471.243805,
                        "b": 365.027694
                    },
                    "text": "$ 23,214,213\n6,095,833\n4,485,636\n1,131,911",
                    "attrs": {
                        "row": 4,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "merged_continuation": true
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                },
                {
                    "id": "p58.6.17",
                    "order": 23,
                    "type": "table_cell",
                    "bbox": {
                        "l": 499.194388,
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                        "r": 552.63295,
                        "b": 365.027694
                    },
                    "text": "$ 55,568,936\n9,395,875\n6,206,655\n(2,665,875)",
                    "attrs": {
                        "row": 4,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
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        },
        {
            "id": "p58.7",
            "order": 24,
            "type": "heading",
            "bbox": {
                "l": 51.84,
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                "r": 525.6,
                "b": 330.72
            },
            "text": "NOTE 9 KENTUCKY STATE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p58.8",
            "order": 25,
            "type": "text",
            "bbox": {
                "l": 104.4,
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                "r": 560.4,
                "b": 243.36
            },
            "text": "In accordance with KRS 61.520(2)(a) and Executive Order 74-762, professional staff may elect upon joining the staff of the University to participate in the Kentucky State University Defined Contribution Retirement Plan (the Plan) or elect to participate in the Kentucky Employees Retirement System (see below). The Plan is administered by Teachers Insurance and Annuity Association of America College Retirement Equities Fund (TIAA-CREF)."
        },
        {
            "id": "p58.9",
            "order": 26,
            "type": "text",
            "bbox": {
                "l": 104.4,
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                "b": 59.28
            },
            "text": "To provide the opportunity to continue participation in the Plan, the University has established a tax-deferred annuity plan, which requires electing participants to enter into a written salary reduction agreement with the University to participate. All eligible employees may begin participation in the plan on a voluntary basis on the first day after beginning employment at the University. Electing participants are required by the plan to contribute 6.16% of their salaries to the plan. Currently, the University is required to contribute 8.74% of the covered employees' salaries. The contribution requirement for the year ended June 30, 2023, totals approximately $1,223,000, consisting of approximately $657,000 from the University and $566,000 from employees. This represents 100% of the contributions required by the plan. Participants may also elect to make contributions on an after-tax basis. Total contributions to the plan will not exceed limits imposed by section 415 and section 403(b) of the Internal Revenue Code. These limits may be adjusted from time to time. In addition, salary reduction contributions to the plan will be further limited by Code section 402(g)."
        },
        {
            "id": "p58.10",
            "order": 27,
            "type": "footer",
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                "l": 296.88,
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            },
            "text": "(55)",
            "attrs": {
                "block_label": "number"
            }
        }
    ],
    "excluded_furniture": {
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        "last": []
    }
}