PERAC Memo #22 - 2015: Appropriation Data Due October 31, 2015
Appropriation Data Due October 31, 2015
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PERAC Memo #22/2015 requests that all retirement boards complete and return the annual appropriation questionnaire—needed to calculate FY17 governmental unit appropriation amounts under G.L. c.32, §22D, §22(6A)(b), or §22F—by October 31, 2015, preferably via PERAC's website. Boards should also confirm that they have submitted a funding schedule for PERAC approval within the past two years, as required, and contact PERAC if an updated schedule is needed.
Full Text
PERAC MEMO # 22 / 2015
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, 2015
DATE: October 2, 2015
At this time, we are requesting information necessary for us to furnish you with the amounts to be appropriated by all governmental units for FY17, 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, 2015.
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.
Enclosure