SCERA Reviews Actuarial Valuation as of December 31, 2012
Published: May 1, 2013
On May 1, 2013, SCERA's actuary, The Segal Company, presented the Actuarial Valuation and Review as of December 31, 2012. The main purpose of the actuarial valuation is to determine the employer and employee contribution rates that will sufficiently fund the plan. The actuarial valuation report is supplemented by a staff presentation covering SCERA's key metrics related to the actuarial valuation, and by Segal's forward modeling of retirement contribution rates. These topics were covered at the May 1st Special Retirement Board meeting to review the actuarial valuation.
The following documents provide the full detail of the Actuarial Valuation as of December 31, 2012.
Actuarial Valuation and Review as of December 31, 2012 (385 KB) presented by The Segal Company.
Actuarial Report Review (727 kB) presented by SCERA staff.
Projections of Employer Contribution Rates, UAAL and Funding Percentages (378 kB), presented by The Segal Company.