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Actuarial Reports

Overview

Actuarial Reports

SamCERA engages an independent actuarial consulting firm to conduct two separate actuarial studies: the actuarial valuation and the triennial report. 

Overview

Actuarial Valuations

In the annual valuation, the actuary compares the total valuation assets of SamCERA with its total liabilities for all plans.

Based on the valuation, the actuary recommends the contribution rates for the following fiscal year.

 

Overview

Triennial Reports

Every three years, SamCERA requests that its actuary perform an analysis of the appropriateness of all economic and non-economic assumptions. This analysis is referred to as the “Actuarial Experience Study” or “Triennial Report.”

Commands