Page 82 - 2019-20 CAFR

Rogue Community College

Schedule of Changes in Total College Administered OPEB Liability and Related Ratios
Last Ten Fiscal Years *

2019­20 2018­19 2017­18

Total College administered OPEB liability
Service cost $ 228,358 $ 266,693 $ 287,458
Interest 177,816 193,806 165,059
Differences between expected and actual experience 0 96,755 0

Changes of assumptions 141,375 (639,914) (256,946)
Benefit payments (423,839) (398,068) (368,991)
Net change in total OPEB liability 123,710 (480,728) (173,420)

Total OPEB liability ­ beginning 4,895,610 5,376,338 5,549,758
Total OPEB liability ­ ending $ 5,019,320 $ 4,895,610 $ 5,376,338

Covered employee payroll $ 16,891,964 $ 17,664,744 $ 17,559,003

Total OPEB liability as a percentage of
covered employee payroll 29.71% 27.71% 30.62%

Discount rate 3.13% 3.62% 3.56%

Notes to Schedule:

* GASB Statement No. 75 requires presentation of information for 10 years. However, until a full 10­year trend is compiled, only those years in
which information is available will be presented.

Changes of assumptions: Changes of assumptions and other inputs reflect the effects of changes in the discount rate each period. See above

for the discount rates used in each period. Detail regarding the College's OPEB Liability can be found in Note 9 to the finanical statements.

No assets were accumulated in a trust.
Date reported is measured as of June 30, 2019 (measurement date) and rolled forward to June 30, 2020.

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