Electronic Documents of Illinois
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Actuarial 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; &amp;amp;amp;amp;amp; satisfy regulatory &amp;amp;amp;amp;amp; accounting requirements.
Originally Deposited as: 173938
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:
Access This Publication1. (2014ValuationRept.pdf).
Document Size:1013291 Software: Version: