SiteTitle | • | Report on the Financial Condition of the State Retirement Systems FY2021 | [X] |
Organization | • | Commission on Government Forecasting and Accountability | [X] |
| | 1: | | Title: | | | | | Volume/Number: | 2022 September | | | | Issuing Agency: | | | | | Description: | The FY 2021 Financial Condition of the State Retirement Systems summarizes the fiscal health of the five State-funded retirement system, as reported by the retirement systems actuaries in their respective June 30, 2021 actuarial reports. The report examines metrics such as unfunded liabilities, actuarial assets, market value assets, funded ratios, and projected State contributions under P.A. 88-0593 (the 1995 pension funding law). Additionally, the report provides long-term actuarial projections, as well as an extensive historical review of major pension laws enacted in the past 25 years. | | | | Date Created: | 09-15-2022 | | | | Agency ID: | | | | | ISL ID: | 000000100136 Original UID: 205809 FIRST WORD: Report | |
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