b'Capital Region Airport Commission NOTES TO FINANCIAL STATEMENTS June 30, 2025 and 2024 Note 11.LINE OF DUTY ACT (LODA) PROGRAM (continued) Actuarial Assumptions The total LODA OPEB liability was based on an actuarial valuation as of June 30, 2023, using the Entry Age Normal actuarial cost method and the following assumptions, applied to all periods included in the measurement and rolled forward to the measurement date of June 30, 2024. The assumptions include several employer groups. Salary increases and mortality rates included herein are for relevant employer groups. Information for other groups can be referenced in the VRS Annual Report. Inflation 2.50%Salary increases, including inflation:Locality employees N/AMedical cost trend rates assumption:Under age 65 7.25%-4.25%Ages 65 and older 6.50%-4.25%Year of ultimate trend rate:Under age 65 Fiscal year ended 2034Ages 65 and older Fiscal year ended 2034Investment rate of return3.97%, including inflation**Since LODA is funded on a current-disbursement basis, the assumed annual rate of return of 3.97% wasused since it approximates the risk-free rate of return. The assumed annual rate of return of 3.86% wasused in the 2023 measurement since it approximated the risk-free rate of return.Mortality RatesNon-Largest Ten Locality Employers with Public Safety Employees Pre-Retirement: Pub-2010 Amount Weighted Safety Employee Rates projected generationally; 95% of rates for males; 105% of rates for females set forward 2 years Post-Retirement: Pub-2010 Amount Weighted Safety Healthy Retiree Rates projected generationally; 110% of rates for males; 105% of rates for females set forward 3 years Post-Disablement: Pub-2010 Amount Weighted General Disabled Rates projected generationally; 95% of rates for males set back 3 years; 90% of rates for females set back 3 years Beneficiaries and Survivors: Pub-2010 Amount Weighted Safety Contingent Annuitant Rates projected generationally; 110% of rates for males and females set forward 2 years Mortality Improvement Scale: Rates projected generationally with Modified MP-2020 Improvement Scale that is 75% of the MP-2020 rates 70'