PERAC Memo #31 - 2008: Appropriation Data Due October 31, 2008

Appropriation Data Due October 31, 2008

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Summary

PERAC Memo #31, 2008 requests that retirement boards submit appropriation data needed to calculate FY10 amounts to be appropriated by governmental units under G.L. c. 32, §22D or §22(6A)(b). Boards must complete the appropriation questionnaire (preferably via PERAC's website) and return it by October 31, 2008, and should also confirm their funding schedule has been submitted for PERAC approval within the last three years, updating it if necessary.

Full Text

MEMORANDUM #31, 2008 M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: Appropriation Data Due October 31, 2008 DATE: September 25, 2008 At this time, we are requesting information necessary for us to furnish you with the amounts to be appropriated by all governmental units for FY10, in accordance with your funding schedule, under the provisions of G.L.c.32, §22D or §22(6A)(b). Please fill out the attached questionnaire with the appropriate information in the spaces provided and return it to us as soon as possible, but no later than October 31, 2008. You have the option of completing this questionnaire via PERAC’s Web Site at www.mass.gov/PERAC. After entering PERAC’s Home Page, select PERAC Units/Actuarial Unit/Appropriation Questionnaire and follow the instructions. We encourage you to input your data through the web page. Please note that retirement boards must submit a new funding schedule for PERAC’s approval at least once every three years. If your board has not submitted a funding schedule within the past three years, please contact us to discuss an updated schedule. If you have any questions regarding this memo, please contact PERAC’s Actuary, Jim Lamenzo at 617-666-4446, extension 921. Enclosure