PERAC Memo #32 - 2014: Appropriation Data Due October 31, 2014
Appropriation Data Due October 31, 2014
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PERAC Memo #32/2014 requests that retirement boards submit appropriation questionnaire data needed to calculate FY16 governmental unit appropriations under G.L. c.32, §22D, §22(6A)(b), or §22F. Boards must complete and return the questionnaire (preferably via PERAC's website) by October 31, 2014, and should ensure their funding schedule has been updated and submitted to PERAC within the last two years, contacting PERAC if it has not.
Full Text
PERAC MEMO # 32 / 2014
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, 2014
DATE: October 9, 2014
At this time, we are requesting information necessary for us to furnish you with the amounts to be appropriated by all governmental units for FY16, in accordance with your funding schedule, under the provisions of G.L. c.32, §22D, §22(6A)(b) or §22F. 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, 2014.
You have the option of completing this questionnaire via PERAC’s Web Site at 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 two years. If your board has not submitted a funding schedule within the past two 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.
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