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d. Information about actuarial methods and assumptions used in the valuations that the <br />information reported about the ARC, annual OPEB cost, and the funded status and funding <br />progress of OPEB plans is based upon. (More details regarding this information can be found <br />in Statement 45.) <br />Required Supplementary Information (RSI) <br />Governments generally should present RSI related to defined benefit OPEB plans <br />covering the last three actuarial valuations. ...... Three types of RSI about defined benefit <br />OPEB plans might be presented in a government's financial report: <br />a. Schedule of funding progress <br />b. Schedule of employer contributions <br />c. Notes to the RSI schedules......... <br />WHEN SHOULD GOVERNMENTS IMPLEMENT THESE NEW STANDARDS? <br />The new standards should be implemented by employers in three phases based on a <br />government's total annual revenues in the first fiscal year ending after June 15, 1999: <br />Phase 1-governments with total annual revenues of $100 million or more <br />periods beginning after December 15, 2006 <br />Phase 2-governments with total annual revenues of $10 million or more, but <br />less than $100 million-periods beginning after December 15, 2007 <br />Phase 3-governments with total annual revenues of less than $10 million <br />periods beginning after December 15, 2008. " <br />City of Elk River, NIN <br />Page 9 <br />