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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />NOTES TO RSI <br />December 31, 2019 <br /> <br /> <br /> <br /> <br /> The assumed future salary increases, payroll growth, and inflation were decreased by 0.25% to <br />3.25% for payroll growth and 2.50% for inflation. <br /> <br />Single Employer – Fire Division <br /> <br />There are no factors that affect trends in the amounts reported, such as change of benefit terms or <br />assumptions. With only three years reported in the RSI, there is no additional information to include in the <br />notes. <br />101