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6.C. - Page 133 of 196 <br />NOTE — POST -EMPLOYMENT BENEFITS, CONTINUED <br />A. Schedule of Changes in the Net OPEB liability and Related Ratios, Continued <br />Port of Redwood Citv <br />Measurement Period <br />2019 <br />2018 <br />2017 <br />Total OPEB Liability <br />Service Cost $ <br />12,928 <br />$ 12,746 <br />$ 14,623 <br />Interest on the total OPEB liability <br />24,324 <br />23,193 <br />20,261 <br />Differences between expected and actual experience <br />(127,605) <br />- <br />- <br />Changes ofassumptions <br />37,647 <br />(5,925) <br />(68,366) <br />Benefit payments, including refunds of employee contributions <br />(9,711) <br />(9,426) <br />(8,400) <br />Net change in total OPEB liability <br />(62,417) <br />20,588 <br />(41,882) <br />Total OPEB liability -beginning <br />676,783 <br />656,195 <br />698,077 <br />Total OPEB liability -ending (a) $ <br />614,366 <br />$ 676,783 <br />$ 656,195 <br />Covered -employee payroll <br />501,790 <br />632,232 <br />754,684 <br />Net OPEB liability as a percentage of covered -employee payroll <br />122.4% <br />107.0% <br />86.9% <br />Notes to Schedule: <br />Changes in assumptions. Average per capita claims cost was updated to reflect actual 2017 premiums, the health care cost trend <br />rate was updated to reflect 2018 industry survey data, and the mortality table was updated to reflect the most recent Ca1PERS <br />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 />101 220 <br />