b'City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2019 Funding PolicyThe ORC provides statutory authority for member and employer contributions as follows:Stateand Local2019 Statutory Maximum Contribution RatesEmployer 14.0 %Employee * 10.0 %2019 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 used tofund the defined benefit retirement allowance.** These pension and employer healthcare rates are for thetraditional and combined plans. The employer contributions ratefor the member-directed plan is allocated 4 percent forhealthcare with the remainder going to pension. Employer contribution rates are actuarially determined and are expressed as a percentage of covered payroll.For 2019, the Citys contractually required contribution was $981,739 for the traditional plan and $43,059 for the combined plan.The City did not have any employees participating in the member-directed plan during 2019.Of these amounts, $120,751 is reported as an intergovernmental payable for the traditional plan and $5,293 for the combined plan.Plan DescriptionOhio Police & Fire Pension FundPlan DescriptionCity full-time police and firefighters participate in Ohio Police and Fire Pension Fund (OP&F), a cost-sharing, multiple-employer defined benefit pension plan administered by OP&F.OP&F provides retirement and disability pension benefits, annual cost of living adjustments (COLA), and death benefits to plan members and beneficiaries.Benefit provisions are established by the Ohio State Legislature andarecodifiedinChapter742oftheOhioRevisedCode(ORC).OP&Fissuesapubliclyavailable financialreportthatincludesfinancialinformationandrequiredsupplementaryinformationanddetailed informationaboutOP&Ffiduciarynetposition.ThereportthatmaybeobtainedbyvisitingtheOP&F website at www.op-f.org or by writing to the Ohio Police and Fire Pension Fund, 140 East Town Street, Columbus, Ohio 43215-5164.Upon attaining a qualifying age with sufficient years of service, a member of OP&F may retire and receive a lifetimemonthlypension.OP&Foffersfourtypesofserviceretirement:normal,servicecommuted, age/service commuted and actuarially reduced. Each type has different eligibility guidelines and is calculated usingthemembersaverageannualsalary.Thefollowingdiscussionofthepensionformularelatesto normal service retirement. - 59 59 -'