Sec. 5018.1. Valuation rate of interest, salary scale and COLA assumptions

For the purpose of performing the annual valuation of the Retirement System, the valuation rate of interest shall be 7.25 percent, the assumed rate of COLA increase shall be 1.50 percent, and the salary scale assumption shall be as follows:

Salary Scale

Duration	Rate	Duration	Rate
1	1.1000	21	1.0272
2	1.0700	22	1.0263
3	1.0606	23	1.0254
4	1.0522	24	1.0245
5	1.0472	25	1.0237
6	1.0445	26	1.0229
7	1.0431	27	1.0222
8	1.0422	28	1.0215
9	1.0415	29	1.0210
10	1.0407	30	1.0206
11	1.0398	31	1.0202
12	1.0387	32	1.0200
13	1.0375	33	1.0195
14	1.0361	34	1.0193
15	1.0346	35	1.0190
16	1.0331	36	1.0186
17	1.0317	37	1.0180
18	1.0304	38	1.0176
19	1.0293	39	1.0176
20	1.0282