b"City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2018 Discount RateFor 2017, the total pension liability was calculated using the discount rate of 8.00 percent.The discount rate used for 2016 was 8.25 percent.The projection of cash flows used to determine the discount rate assumed the contributions from employers and from the members would be computed based on contribution requirements as stipulated by State statute.Projected inflows from investment earning were calculatedusingthelonger-termassumedinvestmentrateofreturn8.00percent.Basedonthose assumptions,theplansfiduciarynetpositionwasprojectedtobeavailabletomakeallfuturebenefit paymentsofcurrentplanmembers;therefore,along-termexpectedrateofreturnonpensionplan investments was applied to all periods of projected benefits to determine the total pension liability.Sensitivity of the City's Proportionate Share of the Net Pension Liability to Changes in the Discount RateNet pension liability is sensitive to changes in the discount rate, and to illustrate the potential impact the followingtablepresentstheCitysproportionateshareofthenetpensionliabilitycalculatedusingthe discount rate of 8.00 percent, as well as what the Citys proportionate share of the net pension liability would beifitwerecalculatedusingadiscountratethatisonepercentagepointlower(7.00percent)orone percentage point higher (9.00 percent) than the current rate. Current1% Decrease Discount Rate 1% Increase(7.00%) (8.00%) (9.00%)City's proportionate share of the net pension liability $11,832,068 $8,535,232 $5,846,359Note 16Defined Benefit OPEB PlansSee Note 15 for a description of the net OPEB liability.Plan DescriptionOhio Public Employees Retirement System (OPERS)Plan DescriptionThe Ohio Public Employees Retirement System administers three separate pension plans: the traditional pension plan, a cost-sharing, multiple-employer defined benefit pension plan; the member-directed plan, a defined contribution plan; and the combined plan, a cost-sharing, multiple-employer defined benefit pension plan that has elements of both a defined benefit and defined contribution plan.OPERSmaintainsacost-sharing,multiple-employerdefinedbenefitpost-employmenthealthcaretrust, which funds multiple health care plans including medical coverage, prescription drug coverage and deposits to a Health Reimbursement Arrangement to qualifying benefit recipients of both the traditional pension and the combined plans. This trust is also used to fund health care for member-directed plan participants, in the form of a Retiree Medical Account (RMA).At retirement or refund, member-directed plan participants may be eligible for reimbursement of qualified medical expenses from their vested RMA balance. In order to qualify for postemployment health care coverage, age and service retirees under the traditional pension and combined plans must have twenty or more years of qualifying Ohio service credit.Health care coverage for disability benefit recipients and qualified survivor benefit recipients is available.The health care coverage provided by OPERS meets the definition of an Other Post Employment Benefit (OPEB) as described in GASB Statement 75.See OPERS financial report referenced later for additional information.The Ohio Revised Code permits, but does not require OPERS to provide health care to its eligible benefit recipients. Authority to establish and amend health care coverage is provided to the Board in Chapter 145 of the Ohio Revised Code.- 66 67 -"