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CITY OF ST. ANTHONY, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION Statement 10 <br />SCHEDULE OF CHANGES IN THE CITY'S TOTAL OPEB LIABILITY AND RELATED RATIOS <br />For The Year Ended December 31, 2021 <br />2021 2020 2019 2018 <br />Total OPEB liability: <br />Service cost $62,011 $49,034 $66,821 $60,682 <br />Interest 18,122 36,179 29,763 28,711 <br />Changes of benefit terms - - - - <br />Differences between expected and actual experience 8,294 (347,833) - - <br />Changes in assumptions 19,545 52,159 (43,327) 21,006 <br />Benefit payments (30,213) (21,165) (11,075) (10,672) <br />Net change in total OPEB liability 77,759 (231,626) 42,182 99,727 <br />Total OPEB liability - beginning 614,487 846,113 803,931 704,204 <br />Total OPEB liability - ending $692,246 $614,487 $846,113 $803,931 <br />Covered-employee payroll $4,600,000 $4,500,000 $4,897,999 $4,627,624 <br />Total OPEB liability as a percentage of covered-employee payroll 15.0% 13.7% 17.3% 17.4% <br />The schedule is provided prospectively beginning with the City's fiscal year ended December 31, 2018 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 />95