b"City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2019 DiscountRateThetotalpensionliabilitywascalculatedusingthediscountrateof8.00percent.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 calculated using the longer-term assumed investment rate of return of 8.00 percent.Based on those assumptions, the plans fiduciary net position was projected to be available to make all future benefit payments of current plan members; therefore, a long-term expected rate of return on pension plan 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 Rate Net 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 $15,001,289 $11,412,762 $8,414,029Note 16Defined Benefit OPEB PlansSee Note 15 for a description of the net OPEB liability.Plan DescriptionOhio Public Employees Retirement SystemPlanDescriptionTheOhioPublicEmployeesRetirementSystem(OPERS)administersthreeseparate pension plans: the traditional pension plan, a cost-sharing, multiple-employer defined benefit pension plan; themember-directedplan,adefinedcontribution plan;andthecombinedplan,acost-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 pensionandcombinedplansmusthavetwentyormoreyearsofqualifyingOhioservicecreditwitha minimumageof60,orgenerally30yearsofqualifyingserviceatanyage.Healthcarecoveragefor 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 No. 75.See OPERS annual financial report referenced later for additional information. - 66 66 -"