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CITY OF ROSEVILLE, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2016 <br />Sensitivity of the net pension liability to changes in the discount rate. The following presents <br />the net pension liability of the City, calculated using the discount rate of 7.50%, as well as <br />what the City's net pension liability would be if it were calculated using a discount rate that is <br />1-percentage-point lower (6.50%) or 1-percentage-point higher (8.50%) than the current <br />rate:+ <br />1% <br />Decrease <br />6.50% <br />Current <br />DLSCOUrit <br />Rate 7.50% <br />1% <br />Increase <br />8.50% <br />Netpensionliability $ (2,451,748) $ (3,150,522) $ (3,744,153) <br />Pension plan fiduciary net position. Detailed information about the pension plan's <br />fiduciary net position is available in the separately issued relief association financial report. <br />G. Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources <br />Related to Pensions <br />For the year ended December 31, 2016, the City recognized pension expense of $(286,939). At <br />December 3 l, 2016, the City reported deferred outflows of resources and deferred inflows of <br />resources related to pensions from the following sources: <br />Di$erence between expected and acti�al }iabi}ity <br />Changes in acturial assumptions <br />Net difference between projected and actual investment earnlnas <br />Deterred Defeired <br />Outflows of Inflows of <br />Resources Resources <br />$ - <br />101,300 <br />236,827 <br />$ 338,127 <br />$ 204,866 <br />259,060 <br />$ 463,926 <br />Amounts reported as deferred outflows of resources and deferred inflows of resources related <br />to pensions will be recognized in pension expense as follows: <br />Year Ending <br />June 30, <br />2017 $ (269,863) <br />2018 90,855 <br />2019 91,811 <br />2020 (38,602) <br />Total $ (125,799) <br />73 <br />