We provide complete Actuarial Valuation services for Defined Benefit pension plans sponsored by States, Municipalities and Counties, including the following key items:
Data Reconciliation
Reconciliation of pension plan participant Census data.
Funding Valuation
Determination of pension funding requirements pursuant to local pension Statutes.
Funding Report
Issuing annual Funding Actuarial Valuation Reports pursuant to the requirements of local pension Statutes.
Accounting Valuation
Determination of pension Disclosure requirements and pension Expense pursuant to the requirements of GASB standards 67 and 68.
Accounting Report
Issuing annual Accounting Actuarial Valuation Reports pursuant to the requirements of GASB standards 67 and 68.