{ "document_id": 16534, "page": 69, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16644, "item_count": 23, "counts_by_type": { "footer": 1, "heading": 2, "table": 1, "table_cell": 17, "text": 1, "title": 1 }, "build_ms": 3, "items": [ { "id": "p69.1", "order": 1, "type": "title", "bbox": { "l": 206.4, "t": 756.24, "r": 405.36, "b": 717.36 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2023", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p69.2", "order": 2, "type": "heading", "bbox": { "l": 51.84, "t": 674.88, "r": 473.52, "b": 660.72 }, "text": "NOTE 10 OTHER POSTEMPLOYMENT BENEFITS PLANS (OPEB) (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p69.3", "order": 3, "type": "heading", "bbox": { "l": 105.12, "t": 649.68, "r": 441.12, "b": 636.48 }, "text": "Kentucky Teachers' Retirement System OPEB Plan (Continued)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p69.4", "order": 4, "type": "table", "bbox": { "l": 116.4, "t": 637.92, "r": 557.891712, "b": 252.96 }, "text": "", "attrs": { "block_label": "table", "n_rows": 9, "n_cols": 2, "integrity": { "cells_checked": 17, "cells_flagged": 0 } }, "children": [ { "id": "p69.4.1", "order": 5, "type": "table_cell", "bbox": { "l": 126, "t": 633.6969, "r": 557.891712, "b": 580.4632799999999 }, "text": "Medical Insurance Plan (Continued)\nActuarial Assumptions\nThe total OPEB liability in the June 30, 2022, actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement:", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 2, "bbox_refit": true, "merged_continuation": true } }, { "id": "p69.4.2", "order": 6, "type": "table_cell", "bbox": { "l": 126, "t": 567.4574700000001, "r": 254.37267, "b": 517.8827699999999 }, "text": "Valuation Date\nMeasurement Date\nInvestment Rate of Return", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p69.4.3", "order": 7, "type": "table_cell", "bbox": { "l": 341.983188, "t": 567.4574700000001, "r": 524.22264, "b": 505.22283 }, "text": "June 30, 2021\nJune 30, 2022\n7.10%, Net of OPEB Plan Investment Expense, Including Inflation", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p69.4.4", "order": 8, "type": "table_cell", "bbox": { "l": 126, "t": 498.816, "r": 257.439384, "b": 430.64118 }, "text": "Projected Salary Increases\nInflation Rate\nReal Wage Growth\nWage Inflation", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p69.4.5", "order": 9, "type": "table_cell", "bbox": { "l": 341.99307, "t": 498.816, "r": 489.995784, "b": 430.64118 }, "text": "3.00-7.50%, Including Inflation\n2.50%\n0.25%\n2.75%", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p69.4.6", "order": 10, "type": "table_cell", "bbox": { "l": 126, "t": 424.23435, "r": 268.398522, "b": 399.32073 }, "text": "Healthcare Cost Trend Rates Under 65", "attrs": { "row": 3, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.7", "order": 11, "type": "table_cell", "bbox": { "l": 342.000756, "t": 411.57441, "r": 546.219972, "b": 386.66079 }, "text": "7.00% for 2022 Decreasing to an Ultimate Rate of 4.50% by FY 2032", "attrs": { "row": 3, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.8", "order": 12, "type": "table_cell", "bbox": { "l": 135.000306, "t": 380.31435, "r": 226.720638, "b": 368.06067 }, "text": "Ages 65 and Older", "attrs": { "row": 4, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.9", "order": 13, "type": "table_cell", "bbox": { "l": 341.991972, "t": 380.31435, "r": 525.998106, "b": 355.40073 }, "text": "5.125% for FY 2022 Decreasing to an Ultimate Rate of 4.50% by FY 2025", "attrs": { "row": 4, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.10", "order": 14, "type": "table_cell", "bbox": { "l": 135.000306, "t": 348.9939, "r": 266.448474, "b": 336.74022 }, "text": "Medicare Part B Premiums", "attrs": { "row": 5, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.11", "order": 15, "type": "table_cell", "bbox": { "l": 342.000756, "t": 348.9939, "r": 553.584258, "b": 324.08028 }, "text": "6.97% for FY 2022 with an Ultimate Rate of 4.50% by 2034", "attrs": { "row": 5, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.12", "order": 16, "type": "table_cell", "bbox": { "l": 126.001098, "t": 317.67345, "r": 257.495382, "b": 305.41977 }, "text": "Municipal Bond Index Rate", "attrs": { "row": 6, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.13", "order": 17, "type": "table_cell", "bbox": { "l": 341.989776, "t": 317.67345, "r": 373.166388, "b": 305.41977 }, "text": "3.37%", "attrs": { "row": 6, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.14", "order": 18, "type": "table_cell", "bbox": { "l": 126.001098, "t": 299.07333, "r": 195.098238, "b": 286.81965 }, "text": "Discount Rate", "attrs": { "row": 7, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.15", "order": 19, "type": "table_cell", "bbox": { "l": 341.972208, "t": 280.41282, "r": 376.191378, "b": 268.15914 }, "text": "7.10%", "attrs": { "row": 7, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.16", "order": 20, "type": "table_cell", "bbox": { "l": 126.001098, "t": 280.41282, "r": 276.982686, "b": 268.15914 }, "text": "Single Equivalent Interest Rate", "attrs": { "row": 8, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p69.4.17", "order": 21, "type": "table_cell", "bbox": { "l": 337.08, "t": 277.02, "r": 557.76, "b": 252.96 }, "text": "7.10%, Net of OPEB Plan Investment Expense, Including Price Inflation", "attrs": { "row": 8, "col": 1, "rowspan": 1, "colspan": 1 } } ] }, { "id": "p69.5", "order": 22, "type": "text", "bbox": { "l": 123.6, "t": 243.36, "r": 559.92, "b": 190.8 }, "text": "Mortality rates were based on the Pub-2010 (Teachers Benefit-Weighted) Mortality Table projected generationally with MP-2020 with various set-forwards, set-backs, and adjustments for each of the groups: service, retirees, contingent annuitants, disabled retirees, and active members." }, { "id": "p69.6", "order": 23, "type": "footer", "bbox": { "l": 297.36, "t": 46.32, "r": 314.64, "b": 34.56 }, "text": "(66)", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }