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CITY OF PLEASANTON
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />FOR THE YEAR ENDED JUNE 30, 2022
<br />Measurement Period 2018 2019 2020 2021 2022
<br />Measurement Date June 30, 2017 June 30, 2018 June 30, 2019 June 30, 2020 June 30, 2021
<br />Total OPEB Liability
<br />Service cost 1,677,000$ 1,727,000$ 1,779,000$ 1,433,000$ 1,453,000$
<br />Interest on the total OPEB liability 5,673,000 5,939,000 6,193,000 5,500,000 5,589,000
<br />Differences between expected and actual experiences --(12,135,000)-(14,053,000)
<br />Changes in assumptions --(1,540,000)(1,419,000)(696,000)
<br />Benefit payments (3,285,000)(3,670,000)(4,201,000)(4,254,000)(4,185,000)
<br />Net change in total OPEB liability 4,065,000 3,996,000 (9,904,000)1,260,000 (11,892,000)
<br />Total OPEB liability - beginning 84,019,000 88,084,000 92,080,000 82,176,000 83,436,000
<br />Total OPEB liability - ending (a) 88,084,000 92,080,000 82,176,000 83,436,000 71,544,000
<br />OPEB Plan Fiduciary Net Position
<br />Contribution - employer 5,898,000 4,800,000 5,521,000 5,413,000 4,210,000
<br />Net investment income 3,662,000 3,211,000 2,753,000 1,798,000 14,078,000
<br />Benefit payments (3,285,000)(3,670,000)(4,201,000)(4,254,000)(4,185,000)
<br />Administrative expense (19,000)(75,000)(9,000)(24,000)(19,000)
<br />Net change in plan fiduciary net position 6,256,000 4,266,000 4,064,000 2,933,000 14,084,000
<br />Plan fiduciary net position - beginning 33,689,000 39,945,000 44,211,000 48,275,000 51,208,000
<br />Plan fiduciary net position - ending (b)39,945,000 44,211,000 48,275,000 51,208,000 65,292,000
<br />Net OPEB Liability/(Assets) - ending (a) - (b)48,139,000$ 47,869,000$ 33,901,000$ 32,228,000$ 6,252,000$
<br />Plan fiduciary net position as a percentage of the total OPEB liability 45.35% 48.01% 58.75%61.37%91.26%
<br />Covered-employee payroll 37,661,000$ 39,630,000$ 40,367,000$ 42,264,000$ 44,216,000$
<br />Net OPEB liability as a percentage of covered-employee payroll 127.82% 120.79% 83.98%76.25%14.14%
<br />Last 10 Years**
<br />Agent Multiple-Employer Plan
<br />Schedule of Changes in the Net OPEB Liability and Related Ratios
<br />CITY OF PLEASANTON RETIREE HEALTHCARE PLAN
<br />**Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to
<br />10 years as information becomes available.
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