PERAC Memo #9 - 2021: Actuarial Data

Memorandum Memorandum #09: Actuarial Data Date: 02/02/2021 Referenced Sources: PERAC Website PERAC Memo #09, 2021

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TO: All Retirement Boards

FROM: John W. Parsons, Esq., Executive Director

RE: Actuarial Data

DATE: February 2, 2021

At this time, we are requesting that Boards submit data for active members, retirees/survivors and disability retirees as of December 31, 2020. Please submit the data by March 31, 2021 in the standard PERAC record format.

We prefer the data files to be submitted via the Interchange File Transfer website. All files should be sent to the address: PER-edoc-Actuary@per.state.ma.us. If you have any questions about Interchange or would like to set up an account, please contact John Boorack.

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 2021, you should have previously received a separate request for the data.

Thank you for your cooperation in this regard.