... Investments The University is billed for its share of the estimated actuarial cost of the defined benefit plans ($4,642,000 and $1,994,000 for the years ended June 30, 2005 and 2004, respectively) The University s ... Medicare The University incurred a $ 130,4 20,000 reduction in the accumulated benefit obligation related to this subsidy at June 30, 2005 The subsidy had no effect on the measurement of the net ... 0.50% per year to a fixed level of 6.00% The weighted average postretirement benefit obligation discount rate was 5.25% and 6.25% for the years ended June 30, 2005 and 2004, respectively If the healthcare...