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CITY OF ST. ANTHONY, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION <br />NOTES TO RSI <br />December 31, 2022 <br /> <br /> <br /> <br /> <br />2017 Changes in Actuarial Assumptions: <br /> The assumed investment return and discount rate were changed from 6.00% to 5.75%. <br /> <br />2016 Changes in Actuarial Assumptions: <br /> The assumed investment return and discount rate were changed from 4.25% to 6.00%. <br /> <br />*The St. Anthony Fire Department joined the Statewide Volunteer Firefighter Retirement Plan during <br />December 2019. Changes in actuarial assumptions prior to 2020 occurred when the Fire Department’s <br />pension plan assets were held in a special pension trust fund of the St. Anthony Fire Department Relief <br />Association. <br /> <br />104