Actuarial Valuation and Reviews


The Actuarial Valuation Report is a funding tool that evaluates assets, participant data, benefit plans, and assumptions against demographic and economic experience to determine the annual amount needed to finance current and future obligations of the pension plan. The objective is maintaining a well-funded, sustainable plan that minimizes contribution-rate volatility.

The Actuarial Valuation and Reviews are prepared in accordance with generally accepted actuarial principles and follow Governmental Accounting Standard Board Statements 67 & 68 (GASB 67 & 68). 

The GASB 67 Report provides pension liability and expense for financial reporting purposes for SCERS.

2014 – Present

2000 – 2013