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Notes to the Financial Statements June 30, 2020 67, Sensitivity of the total OPEB liability to changes in the discount rate The following presents the total OPEB liability of the Plan as of the measurement date, calculated using the discount rate of 6.25%, as well as what the net OPEB liability would be if it were calculated using a discount rate that is 1 percentage -point lower (5.25%) or I percentage -point higher (7.25%) than the current rate: Discount rate - Current discount Discount rate + 1% (5.25%) — —rate - (6.25%) 1%(7.25%) Plan's OPEB Liability 541,794 (114,299) $ (6517600) Sensitivity of the total OPEB liability to changes in the health care cost trend rate The following presents the total OPEB liability of the Plan as of the measurement date, calculated using the health care cost rates that are I percentage -point lower or 1 percentage - point higher: Health care Current health Health care trend rate - 1 % care trend rate trend rate + 1 % Plan's OPEB Liability $ (7113779) $ (114,299) $ 630,701 Subsequent events There were no subsequent events that would materially affect the results presented in this disclosure. Recognition of deferred outflows and deferred inflows of resources Gains and losses related to changes in total OPEB liability and fiduciary net position are recognized in OPEB expense systematically over time. Amounts are first recognized in OPEB expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to OPEB and are to be recognized in future OPEB expense. The recognition period differs depending on the source of the gain or loss: Difference between 5 year straight-line amortization projected and actual earnings All other amounts Expected average remaining service life (EARSL) 7.936 years a