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CITY OF EUGENE, OREGON <br /> <br />Notes to Required Supplementary Information <br /> <br />(2) Schedule of City’s Proportionate Share of the Net OPEB RHIA Asset (Liability) <br /> <br />The City’s proportionate share of the net OPEB (RHIA) asset (liability) is actuarially determined by comparing the <br />City’s projected long-term contributions to OPERS to the total projected long-term contributions to the plan from all <br />employers. <br /> <br />2017 2018 <br />Proportion of the net OPEB asset (liability) 1.05% 1.01% <br />Proportionate share of the net OPEB asset (liability) $ (286,227) 422,740 <br />Covered payroll 103,471,224 107,069,591 <br />Proportionate share of the net OPEB asset (liability) <br /> as a percentage of its covered payroll -0.28% 0.39% <br />Plan fiduciary net position as a percentage of the total <br /> OPEB asset (liability) 94.20% 108.90% <br /> <br />Schedule of City Contributions <br /> <br />2017 2018 <br />Contractually required contribution $ 307,063 494,750 <br />Contributions in relation to the contractually required contribution (307,063) (494,750) <br />Contribution deficiency (excesses) $ 0 0 <br />Covered payroll 103,471,224 107,069,591 <br />Contributions as a percentage of covered payroll 0.30% 0.46% <br /> <br /> <br />(3) Schedule of Changes in the City’s Total OPEB RHLI Asset (Liability) <br /> <br />2018 <br />Service cost $ (840,339) <br />Interest (639,080) <br />Benefit payments 1,145,181 <br />Net change in total OPEB liability (334,238) <br />Total OPEB liability - beginning (17,194,556) <br />Total OPEB liability - ending $(17,528,794) <br />Covered employee payroll $ 106,063,368 <br />Total OPEB Asset (Liability) as a percentage of payroll 16.52% <br /> <br /> Note: Only the information for the years available is presented in the above schedules. <br /> <br /> <br />92 <br />December 10, 2018, Meeting - Item 2D