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Monthly Briefing (Special Pension Briefing - Revised)

 
 Volume/Number:  2023 November 
 Issuing Agency:   
 Description:  The Commission has reviewed the State-funded retirement systems FY 2023 preliminary actuarial reports, which were issued prior to November 1st, pursuant to P.A. 97-0694, the State Actuary Law. Under the State Actuary Law, the systems must annually submit a proposed certification for the following fiscal year prior to November 1st of the current calendar year. The State Actuary then must issue a preliminary report concerning the systems proposed certification by January 1st. The State Actuarys report must identify any recommended changes in actuarial assumptions based upon the review of the retirement systems actuarial assumptions. Further, the Commission has reviewed the final versions of the systems FY 2023 actuarial reports and have updated this report accordingly. 
 Date Created:  01-31-2024 
 Agency ID:   
 ISL ID:  000000105883   Original UID: 212046 FIRST WORD: Monthly