Electronic Documents of Illinois
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Users should pay particular attention to version identification or dates of publication of documents retrieved. Earlier, possibly superseded, versions of documents are also stored here. TitleActuarial Valuation Report Benefits, June 30, 2014
- 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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