Massachusetts Teachers» Retirement System,
Actuarial Valuation Report, January 1, 2016.
Maryland State Retirement and Pension System,
Actuarial Valuation Report as of June 30, 2015.
To show what I mean, I pulled the graphic below from
the Actuarial Valuation report from the Teachers» and State Employees» Retirement System of North Carolina.
In view of what comes later in this report, it is worth adding the following distinction: classic DC establishes a fixed rate of pre-retirement savings and the benefit and replacement rate are unknown; and DB establishes a benefit and / or replacement rate that is known and constantly adjusts the rate of pre-retirement savings (based on
actuarial valuation reports) to meet the target.
Not exact matches
Specific work elements Performing financial forecasting and trend analysis, developing rate formula
valuations, preparing regulatory
reporting requirements, oversee the collection of statistical data and handling other duties required from the
actuarial department.