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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />SCHEDULE OF CHANGES IN THE TOTAL OPEB LIABILITY AND RELATED RATIOS <br />For The Last Ten Years <br />Total OPEB liability: <br />Service cost <br />Interest <br />Changes of benefit terms <br />Differences between expected and actual experience <br />Changes in assumptions <br />Benefit payments <br />Net change in total OPEB liability <br />Total OPEB liability - beginning <br />Total OPEB liability - ending <br />Covered -employee payroll <br />Total OPEB liability as a percentage of covered -employee payroll <br />Statement 11 <br />2021 <br />2020 <br />2019 <br />2018 <br />2017 <br />$65,484 <br />$63,577 <br />$53,789 <br />$16,547 <br />$16,990 <br />13,256 <br />12,256 <br />10,893 <br />21,355 <br />22,542 <br />(250,908) <br />(245,168) <br />(51,083) <br />93,391 <br />(32,454) <br />(22,990) <br />(15,527) <br />(27,798) <br />(31,536) <br />(111,231) <br />52,843 <br />(196,013) <br />10,104 <br />(43,087) <br />613,474 <br />560,631 <br />756,644 <br />746,540 <br />789,627 <br />$502,243 <br />$613,474 <br />$560,631 <br />$756,644 <br />$746,540 <br />$3,443,877 <br />$3,496,085 <br />$3,379,110 <br />$3,240,932 <br />$3,499,836 <br />14.6% <br />17.5% <br />16.6% <br />23.3% <br />21.3% <br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2017 and is intended to <br />show a ten year trend. Additional years will be added as they become available. <br />See accompanying notes to the required supplementary information. <br />88 <br />