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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 $ 565,491 <br />Changes for the year <br />Service cost 40,892 <br />Interest 22,858 <br />Changes of assumptions 19,347 <br />Benefit payments (3,349) <br />Total net changes 79,748 <br />Ending balance $ 645,239 <br />Assumption changes since the prior measurement date include the following: <br />• The discount rate was changed from 4.50 percent to 3.44 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 />Discount <br />Rate <br />1% Increase in <br />Discount Rate <br />OPEB discount rate 2.44% 3.44% 4.44% <br />Total OPEB liability $ 704,541 $ 645,239 $ 589,599 <br />89 <br />