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CITY OF PLEASANTON
<br />REQUIRED SUPPLEMENTARY INFORMATION
<br />AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS
<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 772,000$ 795,000$ 819,000$ 738,000$ 748,000$
<br />Interest on the total OPEB liability 2,281,000 2,405,000 2,525,000 2,535,000 2,610,000
<br />Differences between expected and actual experiences --(2,710,000)- (8,077,000)
<br />Changes in assumptions - - 1,151,000 (602,000) 272,000
<br />Benefit payments (1,160,000) (1,341,000) (1,544,000) (1,570,000) (1,544,000)
<br />Net change in total OPEB liability 1,893,000 1,859,000 241,000 1,101,000 (5,991,000)
<br />Total OPEB liability - beginning 33,604,000 35,497,000 37,356,000 37,597,000 38,698,000
<br />Total OPEB liability - ending (a)35,497,000 37,356,000 37,597,000 38,698,000 32,707,000
<br />Plan Fiduciary Net Position
<br />Contribution - employer 2,379,000 2,110,000 2,298,000 2,241,000 2,021,000
<br />Net investment income 1,555,000 1,378,000 1,198,000 798,000 6,222,000
<br />Benefit payments (1,160,000) (1,341,000) (1,544,000) (1,570,000) (1,544,000)
<br />Administrative expense (8,000) (32,000) (4,000) (10,000) (9,000)
<br />Net change in plan fiduciary net position 2,766,000 2,115,000 1,948,000 1,459,000 6,690,000
<br />Plan fiduciary net position - beginning 14,290,000 17,056,000 19,171,000 21,119,000 22,578,000
<br />Plan fiduciary net position - ending (b)17,056,000 19,171,000 21,119,000 22,578,000 29,268,000
<br />Net OPEB Liability/(Assets) - ending (a) - (b)18,441,000$ 18,185,000$ 16,478,000$ 16,120,000$ 3,439,000$
<br />City Share (50%)9,220,500$ 9,092,500$ 8,239,000$ 8,060,000$ 1,719,500$
<br />Plan fiduciary net position as a percentage of the total OPEB liability 48.05% 51.32% 56.17% 58.34% 89.49%
<br />Covered-employee payroll 19,761,000$ 21,285,000$ 21,990,000$ 22,179,000$ 23,584,000$
<br />Net OPEB liability as a percentage of covered-employee payroll 93.32% 85.44% 74.93% 72.68% 14.58%
<br />CITY OF PLEASANTON
<br />(1)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
<br />displayed up to 10 years as information becomes available.
<br />Agent Multiple-Employer Plan (1)
<br />Schedule of Changes in the Net OPEB Liability and Related Ratios
<br />LIVERMORE-PLEASANTON FIRE DEPARTMENT RETIREE HEALTHCARE PLAN
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