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NOTE 11— OTHER POST -EMPLOYMENT BENEFITS (OPEB) PLAN (CONTINUED) <br />G. Changes in the Total OPEB Liability <br />Total OPEB <br />Liability <br />Beginning balance $ 645,239 <br />Changes for the year <br />Service cost 74,389 <br />Interest 24,695 <br />Changes of assumptions (41,435) <br />Benefit payments (3,476) <br />Total net changes 54,173 <br />Ending balance $ 699,412 <br />Assumption changes since the prior measurement date include the following: <br />• The discount rate was changed from 3.44 percent to 4.09 percent. <br />H. Total OPEB Liability Sensitivity to Discount and Health -Care cost Trend Rate Changes <br />The following presents the total OPEB liability of the City, as well as what the City's total OPEB liability <br />would be if it were calculated using a discount rate that is 1 percentage point lower or 1 percentage point <br />higher than the current discount rate: <br />1 % Decrease in <br />Discount Rate <br />OPEB discount rate 3.09% <br />Discount <br />Rate <br />1% Increase in <br />Discount Rate <br />4.09% 5.09% <br />Total OPEB liability $ 763,940 $ 699,412 $ 639,478 <br />89 <br />