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CITY OF PARIS, TEXAS Notes to Financial Statements (Continued) September 30, 2025 IV. Detailed Notes on„All Activities and Funds (Continued) G. Other Post Employment Benefit (OPER) Obligations (Continued) 1. Supplemental Death Benefits Fund (Continued) g B Liability Chan esm,min the OPE�.�. The following presents the total SDBF OPEB liability of the City, calculated using the discount rate of 3.77 %, as well as what the City's total SDBF OPEB liability (asset) would be if it were calculated using a discount rate that is 1 -percentage -point lower (2.77%) or 1 -percentage -point higher (4.77%) than the current rate: 1% Decrease in Increase 1% Increase in i;Decreasei ....__. _............Total Discount Rate OPE B 2.77% Liabilim ...................._. Balance at 12/31/23 $ -.. 1,098,411 Changes for the year: $919,106 Service Cost 38,013 Interest 41,410 Change of Benefit Terms - Difference Between Expected and Actual Experience (21,806) Changes of Assumptions (52,296) Contributions — Employer - Contributions — Employees Net Investment Income - Benefit Payments, Including Refunds of Employee Contributions (38,013) Administrative Expense - Other Changes - Net Changes Q32,692 b Balance at 12/31/24 $µ wwwww 1,065,719 The following presents the total SDBF OPEB liability of the City, calculated using the discount rate of 3.77 %, as well as what the City's total SDBF OPEB liability (asset) would be if it were calculated using a discount rate that is 1 -percentage -point lower (2.77%) or 1 -percentage -point higher (4.77%) than the current rate: 1% Decrease in 1% Increase in Discount Rate Discount Rate Discount Rate 2.77% 3.77% _...... _ ..... ...._.., 4.77% .__ ......... ..... ..._ ....._._...... Total OPEB Liability $1,249,317 $1,065,719 $919,106 $ulap1q;pgntal Death „Benefits Fund Net Position Detailed information about the plan's net position is available in a separately issued TMRS financial report. That report may be obtained on the Internet at www.tmrs.com. 62