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Description <br />Differences between expected and actual experience <br />Changes in assumptions <br />Net difference between projected and actual earnings <br />on pension plan investments <br />Changes in proportion and differences between County <br />contributions and proportionate share of <br />contributions <br />County contributions subsequent to the measurement <br />date <br />Total <br />Deferred Deferred <br />Outflows of Inflows of <br />Resources Resources <br />$13,417,182 - <br />9,315,479 - <br />5,967,938 - <br />3,076,821 $2,515,494 <br />5,025,841 - <br />$36,803,261 $2,515,494 <br />The deferred outflows of resources related to the Pension Plan totaling $5,025,841 <br />resulting from County contributions subsequent to the measurement date, will be <br />recognized as a reduction of the net pension liability in the year ended September 30, 2024. <br />Other amounts reported as deferred outflows of resources and deferred inflows of resources <br />related to pensions will be recognized in pension expense as follows: <br />Fiscal Year Ending <br />September 30 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />Total <br />Amount <br />Recognized <br />$3,988,027 <br />(1,580,037) <br />23,929,986 <br />2,273,149 <br />650,801 <br />$29,261,926 <br />Actuarial Assumptions. The total pension liability in the July 1, 2023 actuarial <br />valuation was determined using the following actuarial assumption, applied to all periods <br />included in the measurement: <br />Valuation date: <br />Measurement date: <br />Discount rate: <br />Long-term expected rate of return: <br />Inflation: <br />Salary increase: <br />Mortality: <br />Actuarial cost method: <br />July 1, 2023 <br />June 30, 2023 <br />6.70% <br />6.70%, net of pension plan investment <br />expense, including inflation <br />2.40% <br />3.25%, including inflation <br />PUB -2010 base table, projected <br />generationally with Scale MP -2018 <br />Individual Entry Age <br />34 <br />141 <br />