b'City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2018 thecombinedplanconsistsofthememberscontributionsplusorminustheinvestmentgainsorlosses resulting from the members investment selections.Combined plan members wishing to receive benefits must meet the requirements for both the defined benefit and defined contribution plans.Member-directed participants must have attained the age of 55, have money on deposit in the defined contribution plan and haveterminatedpublicservicetoapplyforretirementbenefits.Theamountavailablefordefined contribution benefits in the member-directed plan consists of the members contributions, vested employer contributions and investment gains or losses resulting from the members investment selections.Employer contributions and associated investment earnings vest over a five-year period, at a rate of 20 percent each year.Atretirement,membersmayselectoneofseveraldistributionoptionsforpaymentofthevested balance in their individual OPERS accounts.Options include the purchase of a monthly defined benefit annuity from OPERS (which includes joint and survivor options), partial lump-sum payments (subject to limitations), a rollover of the vested account balance to another financial institution, receipt of entire account balance, net of taxes withheld, or a combination of these options.FundingPolicyTheOhioRevisedCodeprovidesstatutoryauthorityformemberandemployer contributions as follows:Stateand Local2018 Statutory Maximum Contribution RatesEmployer 14.0 %Employee * 10.0 %2018 Actual Contribution RatesEmployer:Pension ** 14.0 %Post-employment Health Care Benefits ** 0.0Total Employer 14.0 %Employee 10.0 %* Member contributions within the combined plan are not usedto fund the defined benefit retirement allowance.** These pension and employer health care rates are for thetraditional and combined plans. The employer contributionsrate for the member-directed plan is allocated 4 percent forhealth care with the remainder going to pension. Employer contribution rates are actuarially determined and are expressed as a percentage of covered payroll.For 2018, the Citys contractually required contribution was $951,724 for the traditional plan and $40,046 for the combined plan.The City did not have any employees participating in the member-directed plan during 2018.Of these amounts, $111,596 is reported as an intergovernmental payable for the traditional plan and $4,699 for the combined plan.- 58 59 -'