RVCC 2019 NECHE Self-Study

Schedule of Collective Net OPEB Liability (NHRS OPEB Plan)*
June 30,
2018
June 30,
2017
Employer proportion of the collective net OPEB liability 1.194792 % 1.263781 %
Employer's proportionate share of the collective net OPEB liability $ 5,462,993 $ 6,118,030
Employer's covered-employee payroll $31,872,400 $32,876,046
Employer's proportionate share of the collective net OPEB liability
as a percentage of the employer's covered employee-payroll 17.14 % 18.61 %
Plan fiduciary net position as a percentage of the total OPEB
liability
7.91 % 5.21 %
* Schedule is intended to show 10 years. Additional years will be added as they become available.
Schedule of Employer Contributions*
June 30
2018 2017
Required employer contributions** $ 694,802 $ 738,178
Actual employer contributions** $ 694,802 $ 738,178
Employer's covered-employee payroll $31,872,400 $32,876,046
Employer contribution as a percentage of the employer's coveredemployee
payroll 2.18 % 2.25 %
* Schedule is intended to show 10 years. Additional years will be added as they become available.
** Contributions above are annual contributions during the measurement period.
Notes to the Required Supplementary Information (NHRS OPEB Plan)
There were no changes of assumptions in 2018 or 2017.
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