b'Capital Region Airport Commission NOTES TO FINANCIAL STATEMENTS June 30, 2025 and 2024 Note 8.PENSION PLAN (continued) Sensitivity of the Net Pension Liability to Changes in the Discount Rate The following presents the net pension liability of the Commission using the discount rate of 6.75%, as well as what the Commissions net pension liability would be if it were calculated using a discount rate that is one percentage point lower (5.75%) or one percentage point higher (7.75%) than the current rate. Rate1% Decrease Current Discount 1% IncreaseCapital Region Airport Commission 2024 $7,095,006 $1,330,077 $ (3,460,803)Net Pension Liability(Asset) 2023 6,682,917948,099(3,793,300)Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions For the year ended June 30, 2025, the Commission recognized pension expense of 996,703. At June 30, 2025, the Commission reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Outflows Deferred Inflowsof Resources of ResourcesDifferences between expected and actual experience $ 980,053 $ - Net difference between projected and actualearnings on pension plan investments - 1,265,358 Employer contributions subsequent to themeasurement date 1,393,251 - Total $ 2,373,304 $1,265,35848'