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CITY OF SAN LEANDRO <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />For The Year Ended June 30, 2018 <br />I NOTE 13 -PENSION PLAN (Continued) ! <br />D. Safety Cost-Sharing Multiple-Employer Plan <br />As of June 30, 2018, the Safety cost-sharing plan reported net pension liabilities for its proportionate <br />shares of the net pension liability at $84,462,824. <br />The Safety Plan net pension liability is measured as the proportionate share of the net pension liability in <br />the State-wide pool. The City's proportion of the net pension liability was based on a projection of the <br />City's long-term share of contributions to the pension plan relative to the projected contributions of all <br />participating employers, actuarially determined. The City's proportionate share of the net pension <br />liability for the Safety Plan as of June 30, 2016 and 2017 was as follows: <br />E. Other Information <br />Proportion -June 30, 2016 <br />Proportion -June 30, 2017 <br />Change -Increase (Decrease) <br />Safety <br />0.856477% <br />0.851676% <br />-0.004801% <br />Sensitivity of the Net Pension Liability to Changes in the Discount Rate The following presents the <br />net pension liability of the City for the Plan, calculated using the discount rate for the Plan, as well as <br />what the City's net pension liability would be if it were calculated using a discount rate that is 1- <br />percentage point lower or I-percentage point higher than the current rate: <br />Miscellaneous Safety <br />1% Decrease 6.15% 6.15% <br />Net Pension Liability $ 128,933,593 $ 124,577,376 <br />Current Discount Rate 7.15% 7.15% <br />Net Pension Liability $ 92,140,784 $ 84,462,824 <br />1% fucrease 8.15% 8.15% <br />Net Pension Liability $ 61,652,308 $ 51,671,178 <br />Pension Plan Fiduciary Net Position -Detailed information about each pension plan's fiduciary net <br />position is available in the separately issued CalPERS financial reports. <br />79 544