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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION Statement 12 <br />SCHEDULE OF CHANGES IN THE TOTAL OPEB LIABILITY AND RELATED RATIOS <br />For The Year Ended December 31, 2017 <br />2017 <br />Total OPEB liability: <br />Service cost $16,990 <br />Interest 22,542 <br />Changes of benefit terms - <br />Differences between expected and actual experience (51,083) <br />Changes in assumptions - <br />Benefit payments (31,536) <br />Net change in total OPEB liability (43,087) <br />Total OPEB liability - beginning 789,627 <br />Total OPEB liability - ending $746,540 <br />Covered-employee payroll $3,499,836 <br />Total OPEB liability as a percentage of covered-employee payroll 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 />92