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Title

  • Actuarial Valuation Report Benefits, June 30, 2014

Description

  • Annual Actuarial Valuation determines the amount of contributions during a members career combined with investment return, sufficient to pay pension at retirement. IL Pension Code requires a calculation of annual contribution which funds below level of the standard. Actuarial Valuation determines funding progress under the Pension Code's funding standard; determines contributions under standard public sector actuarial practices; explore why results of the current valuation differ from the results of the previous; & satisfy regulatory & accounting requirements.


Originally Deposited as: 173938

Published By:
Phone Number:

Language(s): EN-English

Volume or Year: Rev. 2015
Number or Issue: January 14

Date Created: 01-14-2015
Date Last Modified: 01-14-2015

Librarian Remarks:

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1. (2014ValuationRept.pdf).
Document Size:1013291 Software: Version: