PERAC Memo #3 - 2009: Actuarial Data
Actuarial Data
View original on MA State Library →Summary
PERAC Memorandum #3, 2009 requests that all retirement boards submit active member, retiree/survivor, and disability retiree data as of December 31, 2008, in the standard PERAC record format by March 31, 2009. Boards must review the resulting data analysis reports to correct any errors or warnings identified, and PERAC staff are available to assist with this data maintenance process. Boards scheduled for a 2009 actuarial valuation should have already received a separate, specific data request.
Full Text
MEMORANDUM #3, 2009 M E M O R A N D U M TO: All Retirement Boards FROM: Joseph E. Connarton, Executive Director RE: Actuarial Data DATE: January 12, 2009 At this time we are requesting that Boards submit data for active members, retirees/survivors and disability retirees as of December 31, 2008. Please submit the data by March 31, 2009 in the standard PERAC record format. After we receive your data, you will receive data analysis reports that you can use to review and/or correct any questionable items, warnings or errors that are identified in your data. We are available to work with you as you review the data analysis reports. We strongly recommend sound data maintenance practices to ensure that actuarial valuations are reliable and may be completed in a timely manner. If you are scheduled to have an actuarial valuation performed by PERAC in 2009, you should have previously received a separate request for the data. Thank you for your cooperation in this regard.