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<br />See notes to required supplementary information. 104 <br />December 31,December 31,December 31,December 31, <br />2018 2019 2020 2021 <br />Total OPEB Liability <br />Service cost 58,939$ 44,470$ 53,284$ 62,443$ <br />Interest 30,051 31,024 32,766 27,703 <br />Differences between expected <br /> and actual experience - (87,455) - (101,343) <br />Changes of assumptions - (27,862) 48,516 13,730 <br />Benefit payments (47,958) (42,048) (51,790) (49,504) <br />Net change in total OPEB liability 41,032 (81,871) 82,776 (46,971) <br />Beginning of year 875,478 916,510 834,639 917,415 <br />End of year 916,510$ 834,639$ 917,415$ 870,444$ <br />8,658,239$ 9,076,855$ 9,349,161$ 10,007,339$ <br />Total OPEB liability as a percentage of <br /> covered-employee payroll 10.59%9.20%9.81%8.70% <br />Note 1: Schedule is intended to show ten year trend. Additional years will be reported as they become available. <br />Note 2: No assets are accumulated in a trust. <br />Covered-employee payroll <br />City of Elk River <br />Schedule of Changes in Total OPEB Liability <br />and Related Ratios - Municipal Retirees Health Plan <br /> <br />Page 294 of 637