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6.A. - Page 129 of 191 <br />NOTE 3 — POST -EMPLOYMENT BENEFITS, CONTINUED <br />A. Schedule of Changes in the Net OPEB liability and Related Ratios, Continued <br />Port of Redwood City <br />Measurement Period <br />Total OPEB Liability <br />Service Cost <br />Interest on the total OPEB liability <br />Differences between expected and actual experience <br />Changes of assumptions <br />Benefit payments, including refunds of employee contributions <br />Net change in total OPEB liability <br />Total OPEB liability - beginning <br />Total OPEB liability - ending (a) <br />Plan Fiduciary Net Position <br />Contributions - employer <br />Net investment income <br />Benefit payments, including refunds of employee contributions <br />Administrative expense <br />Net change in plan fiduciary net position <br />Plan fiduciary net position - beginning <br />Plan fiduciary net position - ending (b) <br />Notes to Schedule: <br />7n14 <br />$ 12,746 <br />23,193 <br />(5,925) <br />(9,426) <br />20,588 <br />656,195 <br />Q AIA 742 <br />7n1'7 <br />$ 14,623 <br />20,261 <br />(68,366) <br />(8,400) <br />(41,882) <br />698,077 <br />e AIZA 101; <br />Net OPEB liability/(asset) - ending (a) - (b) $ 676,783 $ 656,195 <br />Plan fiduciary net position as a percentage of the total OPEB liability 0.0% 0.0% <br />Covered -employee payroll 632,232 754,684 <br />Net OPEB liability as a percentage of covered -employee payroll 107.0% 86.9% <br />Changes in assumptions. Average per capita claims cost was updated to reflect actual 2017 premiums, the health care cost trend rate was <br />updated to reflect 2018 industry survey data, and the mortality table was updated to reflect the most recent Ca1PERS studies. <br />Historical information is required only for measurement periods for which GASB 75 is applicable. Future years' information will be <br />displayed up to 10 years as information becomes available. <br />101 136 <br />