PERAC Memo #7 - 2017: Actuarial Data
Actuarial Data
View original on mass.gov →Summary
This memo requests that retirement boards submit actuarial data for active members, retirees/survivors, and disability retirees as of December 31, 2016 by March 31, 2017, using the standard PERAC record format via the Interchange File Transfer website. Boards will receive data analysis reports after submission to help identify and correct errors prior to actuarial valuations. Boards scheduled for a 2017 valuation by PERAC should have already received a separate data request.
Full Text
M E M O R A N D U M
TO: All Retirement Boards
FROM: Joseph E. Connarton, Executive Director
RE: Actuarial Data
DATE: January 19, 2017
At this time we are requesting that Boards submit data for active members, retirees/survivors and disability retirees as of December 31, 2016. Please submit the data by March 31, 2017 in the standard PERAC record format.
We prefer the data files to be submitted via the Interchange File Transfer website. All files should be sent to the address: PER-edoc-Actuary@per.state.ma.us. If you have any questions about Interchange or would like to set up an account, please contact John Boorack.
After we receive your data, you will receive data analysis reports that you can use to review and/or correct any questionable items, warnings or errors that are identified in your data. We are available to work with you as you review the data analysis reports. We strongly recommend sound data maintenance practices to ensure that actuarial valuations are reliable and may be completed in a timely manner.
If you are scheduled to have an actuarial valuation performed by PERAC in 2017, you should have previously received a separate request for the data.
Thank you for your cooperation in this regard.