2018 PERS Additional GASB Disclosure

Please be advised that an error was discovered on the 2018 GASB 68 disclosure.
Page 8 of the GASB 68 Notes to the Financial Statements shows an actuarial assumption for Merit salary increase with a range of 0.0% to 6.3%, this information is incorrect. The correct Merit Increase should reflect 0.0% to 4.8% per the experience study dated May 2017.