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I --ma gig Eft J I Notes to the Financial Statements June 30, 2020 E. Retirement Enhancement Pension Plan (continued) Other amounts reported as deferred outflows and inflows of resources related to this plan will be recognized in future pension expense as follows: Measurement periods ended June 30: Deferred outflows /(inflows) of resources 2020 (217,399) 2021 (217,399) 2022 (217,399) 2023 (217,397) 2024 (59,022) Thereafter Generally accepted accounting principles require that the reported results must pertain to liability and asset information within certain defined timeframes. For this report the following timeframes are used for the OPEB Plan. Valuation Date (VD) Measurement Date (MD) Measurement Period (MP) Plan description June 30, 2019 June 30, 2019 July 1, 2018 to June 30, 2019 The District provides, by resolution, an additional post -employment benefit to Length -of - Service retirees. General Unit Employees Employees who leave the District and apply for a CalPERS pension within 120 days are eligible to receive postemployment benefits. Eligible retirees who enroll in one of the CalPERS medical plans are credited with the CalPERS mandated minimum employer contribution. Surviving spouses will continue to be credited with the minimum employer contribution. Managers Managers who retire from the District with five or more years of service (but fewer than ten), and their surviving spouses, who enroll in one of the CalPERS medical plans are credited with the CalPERS minimum employer contribution. Managers who were hired prior to July 1, 20097 and who retire from the District with ten or more years of service are eligible to receive a lifetime postemployment benefit equal to the employee -only premium for the CalPERS medical plan the retiree is enrolled in for the 12 months prior to retirement including the CalPERS minimum employer contribution. a