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CITY OF PARIS, TEXAS Schedule 8 <br />Required Supplementary Information <br />City of Paris Retiree Health Care Plan - <br />Schedule of City Contributions <br />Year Ended September 30, 2020 <br />Fiscal Year Ended September 30, <br />2020 2019 2018 <br />Actuarially Determined Contribution <br />Contributions in Relation to Actuarially Determined Contribution <br />Contribution Deficiency (Excess) <br />Covered Payroll <br />Contributions as a Percentage of Covered Payroll <br />$ 30,476 $ <br />30,854 <br />$ 33,407 <br />(30,476) <br />(30,854) <br />(33,407) <br />Entry Age Normal <br />Inflation <br />2.50% <br />Salary Increases <br />3.50% to 11.50% for TMRS and 4.10% to 6.00% for firefighters, including <br />$ 3,517,400 $ <br />4,814,704 <br />$ 5,284,495 <br />0.87% <br />0.64% <br />0.63% <br />Notes to Schedule <br />Valuation Date <br />December 31, 2019 <br />Methods and Assumptions used to Determine Contribution Rates: <br />Actuarial Cost Method <br />Entry Age Normal <br />Inflation <br />2.50% <br />Salary Increases <br />3.50% to 11.50% for TMRS and 4.10% to 6.00% for firefighters, including <br />inflation. <br />Mortality <br />TMRS: For healthy retirees, the gender -distinct 2019 Municipal Retirees of <br />Texas Mortality Tables are used. Firefighters: For healthy retirees, the Pub - <br />2010 Public Safety Below Median mortality tables are used. The rates are <br />projected on a fully generational basis using the ultimate mortality <br />improvement rates in the MP tables to account for future mortality <br />improvements. <br />Other Information <br />There were no benefit changes during the year. <br />Note: The pension schedules in the required supplementary information are intended to show information for ten years. Additional years' <br />information will be displayed as it becomes available. <br />73 <br />