As stated in 2016 Memo #25, PERAC's Actuarial Unit has reviewed valuation reports from cities, towns and districts across Massachusetts to highlight the impact of Other Post Employment Benefits (OPEB). The OPEB Summary Report is presented in two parts online - the Funded Basis and the Pay As You Go Basis. Selecting one of the headings below will expand each section to view. You can minimize the sections by clicking again on the heading. You can also download the full printable version of the report pdf format of 2016 OPEB Summary Report
. Note that the Footnotes and Comments section are an integral part of the Summary Report. 

Discount Rate - Funded Basis

Most recent valuation actuarial information
(dollars in thousands)


  Valuation DateDiscount Rate-Funded BasisActuarial LiabilityAssetsUnfunded Actuarial 
Liability
Funded 
Ratio
Commonwealth 1/1/157.75%10,068,200610,0009,458,2006.1%
        
Barnstable County       
Bourne  6/30/127.75%47,984047,9840.0%
Bourne Water District 6/30/108.25%1,18401,1840.0%
Buzzard's Bay Water District 6/30/108.25%10001000.0%
Brewster 6/30/127.75%9,19409,1940.0%
Cape Cod Regional Technical High School 6/30/147.50%10,64126110,3802.5%
Chatham 6/30/108.25%26,700026,7000.0%
Dennis 6/30/127.75%17,408017,4080.0%
Dennis Water District 6/30/108.25%3,34403,3440.0%
Dennis-Yarmouth Regional School District 6/30/108.25%45,745045,7450.0%
Eastham 6/30/127.75%13,752013,7520.0%
Falmouth 6/30/108.25%76,524076,5240.0%
Harwich 6/30/127.75%29,161029,1610.0%
Mashpee 6/30/108.25%39,644039,6440.0%
Mashpee Water District 6/30/108.25%2,30602,3060.0%
Nantucket 6/30/127.75%55,856055,8560.0%
Nauset 6/30/108.25%16,980016,9800.0%
Orleans 6/30/127.75%13,948013,9480.0%
Provincetown 6/30/127.75%19,9085719,8510.3%
Sandwich Water District 6/30/108.25%6,35806,3580.0%
Truro 6/30/127.75%6,798506,7480.7%
Wellfleet 6/30/127.75%7,0581626,8962.3%
Yarmouth 6/30/108.25%17,888017,8880.0%
        
Berkshire Region Group Purchasing Program (BRGPP)       
Adams-Cheshire Regional School District 6/30/147.50%32,276032,2760.0%
Becket (not in BRGPP 6/30/14 valuation)  6/30/127.75%1,93301,9330.0%
Berkshire Hills Regional School District 6/30/147.50%35,086035,0860.0%
Central Berkshire Regional School District 6/30/147.50%35,700035,7000.0%
Chester 6/30/147.50%26602660.0%
Dalton 6/30/147.50%6,734486,6860.7%
Farmington River RSD (not in BRGPP 6/30/14) 6/30/127.75%3,83303,8330.0%
Great Barrington 6/30/147.50%8,10408,1040.0%
Lanesborough 6/30/147.50%9,90809,9080.0%
Lee 6/30/147.50%21,95924421,7151.1%
Lenox 6/30/147.50%19,36090318,4574.7%
Mount Greylock Regional High School 6/30/147.50%13,345013,3450.0%
North Adams 6/30/147.50%57,677057,6770.0%
Otis (not in BRGPP 6/30/14) 6/30/127.75%450450.0%
Richmond 6/30/147.50%2,89702,8970.0%
Sheffield 6/30/147.50%2,16902,1690.0%
Southern Berkshire Regional School District 6/30/147.50%17,958017,9580.0%
Southwick/Tolland Regional School District 6/30/147.50%14,8532014,8330.1%
Tyringham 6/30/147.50%81308130.0%
Williamstown 6/30/147.50%14,63715014,4871.0%
        
Bristol County (county employees only) 6/30/158.00%17,871017,8710.0%
        
Dukes County 7/1/147.50%88,4943,76084,7344.2%
Aquinnah 7/1/14     
Chilmark 7/1/14     
Chilmark Tri-Town Ambulance 7/1/14     
County of Dukes County 7/1/14     
Edgartown 7/1/14     
Martha's Vineyard Airport 7/1/14     
Martha's Vineyard Commission 7/1/14     
Martha's Vineyard Land Bank 7/1/14     
Martha's Vineyard Refuse District 7/1/14     
Martha's Vineyard Regional School District 7/1/14     
Martha's Vineyard Regional Transit 7/1/14     
Oak Bluffs 7/1/14     
Oak Bluffs School 7/1/14     
Oak Bluffs Wastewater  7/1/14     
Oak Bluffs Water 7/1/14     
Tisbury 7/1/14     
Tisbury School  7/1/14     
Tisbury Water Works 7/1/14     
Up-Island Regional School District 7/1/14     
West Tisbury 7/1/14     
West Tisbury Council on Aging 7/1/14     
        
Plymouth County (county employees only) 6/30/147.00%22,745022,7450.0%
        
Cities, Districts and Towns       
Abington 7/1/147.00%28,18012628,0540.4%
Acton 12/31/147.75%21,6941,72219,9727.9%
Acton-Boxborough Regional 12/31/128.00%20,52524020,2851.2%
Acton Water Supply 7/1/157.00%1,07565042560.5%
Acushnet 7/1/14     
Adams 7/1/14     
Agawam 7/1/13     
Alfordno plan      
Amesbury 6/30/158.00%43,003043,0030.0%
Amherst  6/30/127.75%48,296048,2960.0%
Amherst-Pelham Regional School District 6/30/107.00%30,187030,1870.0%
Andover 6/30/137.75%112,4351,102111,3331.0%
Arlington 1/1/147.50%124,5557,042117,5135.7%
Assabet Valley Regional Technical School District 7/1/10     
Ashburnham 7/1/138.00%2,83602,8360.0%
Ashburnham MLPno plan      
Ashburnham-Westminster Regional School District 7/1/147.00%7,95407,9540.0%
Ashbyno plan      
Ashfield 7/1/13     
Ashland 7/1/127.00%16,028016,0280.0%
Athol 7/1/12     
Attleboro 1/1/137.50%141,8170141,8170.0%
Auburn 6/30/148.00%32,6481,04831,6003.2%
Avon 7/1/147.00%9,2935278,7665.7%
Ayer 7/1/147.00%8,9312378,6942.7%
Barre 7/1/127.00%1,78201,7820.0%
Bedford 7/1/147.50%30,3204,08326,23713.5%
Belchertown 7/1/147.00%14,623014,6230.0%
Bellingham 7/1/157.00%29,88340129,4821.3%
Belmont 7/1/147.50%104,8981,720103,1781.6%
Berkley 7/1/14     
Berlinno plan      
Berlin-Boylston Regional School District 7/1/14     
Bernardstonno plan      
Beverly 6/30/138.00%110,4050110,4050.0%
Billerica 1/1/147.50%170,637576170,0610.3%
Blackstone  7/1/137.50%2,95402,9540.0%
Blackstone-Millville Regional School District 7/1/147.00%9,83909,8390.0%
Blandford       
Blue Hills Regional 7/1/157.00%18,513018,5130.0%
Bolton 6/30/15     
Boston 6/30/157.00%2,597,763335,2062,262,55712.9%
Boxborough 6/30/147.50%2,7581802,5786.5%
Boxford 7/1/137.00%7,3062837,0233.9%
Boylston 7/1/157.50%3,359313,3280.9%
Boylston Electric 7/1/14     
Braintree (includes BELD) 1/1/147.00%118,5352,943115,5922.5%
Bridgewater 7/1/127.00%24,169024,1690.0%
Brimfield 7/1/12     
Brockton 6/30/147.50%254,2080254,2080.0%
Brookline 6/30/147.50%206,76322,374184,38910.8%
Buckland 7/1/14     
Burlington 12/31/147.75%75,5292,02473,5052.7%
Byfield Water District 7/1/09     
Cambridge 7/1/148.00%309,0145,536303,4781.8%
Canton 7/1/137.50%89,31910089,2190.1%
Carlisle 7/1/13     
Carver 7/1/137.00%29,513029,5130.0%
Charlemont       
Charlton 7/1/14     
Cherry Valley and Rochdale Water Districtno plan      
Chelmsford   12/31/14     
Chelmsford Water District 7/1/12     
Chelsea 7/1/137.00%103,5250103,5250.0%
Cheshire       
Chester Municipal Electricno plan      
Chesterfield 7/1/14     
Chesterfield-Goshen Regional School District 7/1/12     
Chicopee 1/1/147.50%125,8850125,8850.0%
Clarksburg       
Clinton 7/1/147.50%35,68921335,4760.6%
Cohasset 7/1/147.50%22,25958321,6762.6%
Colrain 7/1/12     
Concord 1/1/147.50%31,3173,97827,33912.7%
Conway 7/1/12     
Cummingtonno plan      
Dalton Fire District 7/1/14     
Danvers 1/1/147.50%102,3430102,3430.0%
Dartmouth 7/1/127.00%28,67251928,1531.8%
Dedham 6/30/147.50%56,0715,87750,19410.5%
Dedham-Westwood Water District 12/31/137.00%62610052616.0%
Deerfield   6/30/137.00%4,36004,3600.0%
Deerfield Fire Districtno plan      
Dighton 7/1/147.00%4,414254,3890.6%
Dighton Fire Districtno plan      
Dighton Water District 7/1/09     
Dighton-Rehoboth Regional School District 7/1/10     
Douglas 7/1/14     
Dover  7/1/137.00%6,4352,8963,53945.0%
Dover-Sherborn Regional School District 7/1/147.00%12,392012,3920.0%
Dracut 12/31/12     
Dracut Water Supply District 7/1/12     
Dudley 7/1/14     
Dudley Charlton Regional School District 7/1/14     
Dunstableno plan      
Duxbury 6/30/147.50%30,30171329,5882.4%
East Bridgewater 7/1/147.00%23,4251523,4100.1%
East Brookfield       
East Longmeadow 7/1/13     
Easthampton 7/1/147.00%23,862023,8620.0%
Easton 6/30/137.50%58,8065058,7560.1%
Erving 7/1/127.00%2,7467771,96928.3%
Egremont 7/1/12     
Essex   7/1/137.00%2,018162,0020.8%
Essex North Shore Agricultural &Technical 7/1/14     
Essex North Shore Agricultural & Technical (GIC) 7/1/14     
Everett 7/1/137.00%106,9480106,9480.0%
Fairhaven 7/1/147.00%26,1058526,0200.3%
Fall River 7/1/15     
Fitchburg 1/1/157.50%82,270082,2700.0%
Florida       
Foxborough 6/30/138.00%24,9542,81622,13811.3%
Framingham 7/1/148.00%164,6802,517162,1631.5%
Franklin   6/30/138.00%46,891046,8910.0%
Freetown 7/1/147.00%11,87010011,7700.8%
Gateway Regional School District 7/1/14     
Gardner 7/1/147.50%50,818050,8180.0%
Georgetown   7/1/147.00%11,91863911,2795.4%
Georgetown Municipal Light Department 7/1/108.00%1,16016499614.1%
Gill  6/30/12     
Gill-Montague Regional School District 7/1/14     
Gloucester 6/30/13     
Goshen 7/1/12     
Gosnold       
Grafton 1/1/137.50%18,847018,8470.0%
Grafton Water District 7/1/13     
Granby       
Granville       
Great Barrington Fire District 7/1/12     
Greater Lawrence Sanitary District 7/1/147.00%4,57304,5730.0%
Greenfield 7/1/13     
Groton (includes Electric) 7/1/14     
Groton-Dunstable Regional School District 7/1/10     
Groveland 7/1/137.00%2,66402,6640.0%
Hadley 7/1/147.00%4,7461234,6232.6%
Halifax 7/1/147.00%7,5091067,4031.4%
Hamilton 7/1/147.00%3,98403,9840.0%
Hampden 7/1/14     
Hampden-Wilbraham Regional School District 7/1/13     
Hampshire Regional School District 7/1/128.00%6,10106,1010.0%
Hancockno plan      
Hanover 1/1/11     
Hanson 6/30/138.00%6,31706,3170.0%
Hardwickno plan      
Harvard 7/1/147.50%12,97629012,6862.2%
Hatfield 7/1/12     
Haverhill 6/30/148.00%158,2140158,2140.0%
Hawlemont Regional School District 7/1/13     
Hawleyno plan      
Heathno plan      
Hingham (includes light plant) 6/30/147.75%58,0807,64650,43413.2%
Hinsdaleno plan      
Holbrook 7/1/147.00%27,3555527,3000.2%
Holden 7/1/147.00%7,8987807,1189.9%
Holland 7/1/15     
Holliston 6/30/146.00%30,416030,4160.0%
Holyoke 6/30/137.75%129,3180129,3180.0%
Hoosac Water District 7/1/14     
Hopedale 7/1/147.00%13,553013,5530.0%
Hopkinton 6/30/148.00%15,65120915,4421.3%
Hubbardstonno plan      
Hudson 7/1/147.00%44,199044,1990.0%
Hudson Light and Power 1/1/147.00%1,6081,05555365.6%
Hull 1/1/137.00%21,831021,8310.0%
Huntingtonno plan      
Ipswich 7/1/137.00%23,2841,39321,8916.0%
Kingston 7/1/147.50%20,722020,7220.0%
Lakeville 7/1/147.00%9,7991069,6931.1%
Lancaster 7/1/147.00%1,97001,9700.0%
Lawrence 7/1/14     
Leicester 1/1/137.50%13,200013,2000.0%
Leominster 1/1/15     
Leverett 7/1/127.00%1,29201,2920.0%
Lexington 6/30/158.00%129,3625,799123,5634.5%
Leydenno plan      
Lincoln 7/1/11     
Littleton Electric  1/1/147.50%4,1888873,30121.2%
Littleton 7/1/147.50%23,0463,46219,58415.0%
Longmeadow 7/1/13     
Lowell 7/1/14     
Ludlow 1/1/147.00%46,029046,0290.0%
Lunenburg 7/1/147.00%21,965021,9650.0%
Lynn 6/30/148.00%323,1980323,1980.0%
Lynnfield   7/1/137.50%35,425035,4250.0%
Lynnfield Water District 7/1/12     
MHFA 1/1/157.40%37,87820,94416,93455.3%
MWRA 1/1/147.50%142,3520142,3520.0%
Malden 7/1/137.00%97,696097,6960.0%
Manchester-by-the-Sea 7/1/148.00%8,3965607,8366.7%
Mansfield 7/1/147.00%46,4832,33044,1535.0%
Marblehead 7/1/14     
Marion 7/1/147.00%6,2373555,8825.7%
Marlborough 6/30/138.00%63,791063,7910.0%
Marshfield 7/1/127.00%46,1594146,1180.1%
Massport 1/1/157.50%237,133148,50188,63262.6%
Mattapoisett 7/1/137.00%7,2981947,1042.7%
Maynard 7/1/14     
Medfield  1/1/137.50%27,205027,2050.0%
Medford 6/30/148.00%136,9000136,9000.0%
Medway 7/1/13     
Melrose 1/1/147.50%77,3225077,2720.1%
Mendon 7/1/12     
Mendon-Upton Regional School District 7/1/137.00%16,674016,6740.0%
Merrimac 7/1/12     
Methuen 12/31/138.00%77,635077,6350.0%
Middleborough 7/1/147.00%62,4044,66457,7407.5%
Middleborough Gas and Electric 7/1/147.00%5,1524,26388982.7%
Middlefieldno plan      
Middleton 7/1/127.00%8,8834588,4255.2%
Milford 7/1/137.00%41,13074440,3861.8%
Millbury 7/1/147.00%24,820024,8200.0%
Millis 7/1/147.00%13,41610013,3160.7%
Millville 7/1/12     
Milton 7/1/147.00%64,361064,3610.0%
Minuteman Regional School District 7/1/14     
Monroe Water Districtno plan      
Monson 7/1/147.00%13,86711813,7490.9%
Montague 7/1/14     
Monterey 7/1/11     
Montgomeryno plan      
Mount Washington       
Nahant 7/1/14     
Narragansett Regional School District 7/1/13     
Natick 7/1/14     
Needham 6/30/157.50%80,80818,42462,38422.8%
New Ashfordno plan      
New Bedford 6/30/148.00%252,9070252,9070.0%
New Braintreeno plan      
New Marlborough 7/1/12     
New Salem  7/1/10     
New Salem/Wendell School 7/1/11     
Newbury  7/1/147.00%3,563503,5131.4%
Newburyport 7/1/147.00%45,5312545,5060.1%
Newton 7/1/15     
Norfolk   7/1/147.00%10,526010,5260.0%
North Andover 7/1/13     
North Attleboro 7/1/137.00%72,02010971,9110.2%
North Attleboro Electric Department 1/1/146.00%6,5803,5443,03653.9%
North Brookfield 1/1/12     
North Chelmsford Water District 7/1/157.00%1641026262.2%
North Reading 7/1/147.50%41,04216840,8740.4%
Northampton 7/1/157.00%75,88010375,7770.1%
Northborough 7/1/147.00%21,851021,8510.0%
Northborough-Southborough Regional School District 7/1/147.00%12,017012,0170.0%
Northbridge 1/1/15     
Northern Berkshire Vocational Regional School District 7/1/147.00%10,080010,0800.0%
Northfield 7/1/14     
Norton 7/1/137.00%36,0954136,0540.1%
Norwell 6/30/148.00%38,4211,18037,2413.1%
Norwood 6/30/138.00%70,399070,3990.0%
Oakhamno plan      
Old Colony Regional Vocational Technical High School District 7/1/09     
Old Rochester Regional School District 7/1/107.50%6,33806,3380.0%
Orange 7/1/09     
Oxford 7/1/147.50%22,5523,45819,09415.3%
Palmer 7/1/14     
Pathfinder Regional Vocational Technical High School District 7/1/157.00%9,94509,9450.0%
Paxton 7/1/14     
Paxton Electric Department 7/1/14     
Peabody 6/30/148.00%166,8060166,8060.0%
Pelham 6/30/127.75%2,5471532,3946.0%
Pembroke 7/1/147.00%36,5938736,5060.2%
Pentucket Regional School District 7/1/10     
Pepperell 7/1/137.00%5,52105,5210.0%
Peru       
Petershamno plan      
Phillipstonno plan      
Pioneer Valley Regional School District 1/1/097.50%21,293021,2930.0%
Pittsfield 7/1/15     
Plainfieldno plan      
Plainville 7/1/147.00%11,1561511,1410.1%
Princeton  7/1/12     
Princeton Municipal Light 7/1/157.00%35103510.0%
Plymouth  1/1/157.50%310,741984309,7570.3%
Plympton 7/1/127.00%2,06002,0600.0%
Quincy 12/31/137.50%324,0241,231322,7930.4%
Randolph 7/1/137.00%50,741050,7410.0%
Ralph C. Mahar Regional School District 7/1/127.00%7,75007,7500.0%
Raynham 7/1/147.00%10,494010,4940.0%
Reading 6/30/137.75%67,1712,86064,3114.3%
Rehoboth 7/1/14     
Revere 6/30/147.00%141,2070141,2070.0%
Riverside Water Districtno plan      
Rochester 7/1/127.00%4,47604,4760.0%
Rockland 7/1/147.00%47,7701147,7590.0%
Rockport 7/1/147.00%25,07212424,9480.5%
Rowe 7/1/13     
Rowley 7/1/14     
Royalston       
Russell   6/30/15     
Russell Electric Light Enterprise 6/30/10     
Rutland 7/1/137.00%2,36002,3600.0%
Salem 12/31/137.75%73,47880472,6741.1%
Salisbury 6/30/128.00%3,63303,6330.0%
Sandisfield       
Saugus 7/1/14     
Savoy       
Seekonk 7/1/148.00%14,31968813,6314.8%
Scituate 7/1/14     
Sharon 7/1/147.00%48,076048,0760.0%
Shawsheen Valley Regional Vocational Technical School District 7/1/10     
Shelburne 7/1/13     
Sherborn 6/30/137.00%6,46006,4600.0%
Shirley 7/1/137.50%2,72302,7230.0%
Shrewsbury 6/30/148.00%40,7372,08838,6495.1%
Shutesbury 7/1/127.00%1,08301,0830.0%
Somerset 7/1/137.00%57,693057,6930.0%
Silver Lake Regional School District 7/1/147.00%17,928017,9280.0%
Somerville 6/30/148.00%162,3890162,3890.0%
South Grafton Water Districtno plan      
South Hadley 7/1/147.00%21,910021,9100.0%
South Hadley Fire District #1 7/1/14     
South Hadley Fire District #2 7/1/07     
South Hadley Water District 7/1/14     
South Middlesex Regional Vocational 7/1/12     
Southampton 6/30/138.00%4,80604,8060.0%
Southborough 7/1/137.00%17,9585017,9080.3%
Southbridge 7/1/137.50%29,690029,6900.0%
Southern Worcester County Regional Vocational School District 6/30/147.00%5,00705,0070.0%
Southwick 7/1/147.00%3,12003,1200.0%
Spencer 7/1/137.00%3,55603,5560.0%
Springfield 7/1/13     
Sterling 7/1/128.00%6,08506,0850.0%
Sterling Municipal Light Department 1/1/157.00%1,09130778428.1%
Stockbridge 7/1/12     
Stoneham 1/1/147.50%61,246061,2460.0%
Stoughton 1/1/137.00%67,954067,9540.0%
Stow 6/30/12     
Sturbridge 7/1/14     
Sudbury 7/1/137.50%19,395019,3950.0%
Sudbury Water District 7/1/156.50%2,6261,0491,57739.9%
Sunderland 7/1/12     
Sutton 7/1/136.00%12,06518911,8761.6%
Swampscott 7/1/147.50%47,33950046,8391.1%
Swansea 7/1/14     
Taunton 6/30/148.00%189,8030189,8030.0%
Templeton       
Tewksbury 6/30/148.00%101,976370101,6060.4%
Three Rivers Fire Districtno plan      
Tolland       
Topsfield 7/1/137.00%9,5031309,3731.4%
Townsendno plan      
Tri-County Regional School District 7/1/147.00%9,21209,2120.0%
Triton Regional School District 7/1/147.50%46,8341046,8240.0%
Turner Falls Fire District 7/1/14     
Tyngsborough 7/1/147.00%12,1594512,1140.4%
Upton 7/1/12     
Uxbridge 7/1/14     
Wachusett Regional School District 7/1/147.50%56,830056,8300.0%
Wakefield 6/30/137.75%66,9281,88465,0442.8%
Wakefield Municipal Light 6/30/137.75%6,5961,1035,49316.7%
Wales 7/1/12     
Walpole 7/1/147.50%43,86399542,8682.3%
Waltham 6/30/148.00%352,8220352,8220.0%
Ware  7/1/147.00%16,2251016,2150.1%
Wareham 7/1/127.00%54,126054,1260.0%
Warren 7/1/12     
Warwickno plan      
Washingtonno plan      
Watertown 6/30/158.00%73,563073,5630.0%
Wayland 12/31/147.00%29,56012,08917,47140.9%
Webster        
Wellesley (includes MLP) 6/30/147.00%111,07532,80678,26929.5%
Wenham 7/1/127.00%2,72302,7230.0%
West Boylston (excluding MLP) 6/30/167.50%17,640017,6400.0%
West Boylston MLP 6/30/167.50%1,29864065849.3%
West Bridgewater 7/1/147.00%17,2281117,2170.1%
West Brookfield 7/1/12     
West Newbury 7/1/137.00%1,5511,41014190.9%
West Springfield 7/1/13     
West Stockbridgeno plan      
West Warren Water Districtno plan      
Westborough 7/1/14     
Westfield 1/1/147.50%137,00550136,9550.0%
Westfield Gas and Electric 1/1/14     
Westford 7/1/147.00%36,07922235,8570.6%
Westhampton 7/1/12     
Westminster 7/1/14     
Weston 7/1/147.50%60,1857,62652,55912.7%
Westport 6/30/148.00%27,1111,60625,5055.9%
Westwood 6/30/137.75%39,91661239,3041.5%
Weymouth 7/1/13     
Whately 7/1/12     
Whitman   7/1/147.00%9,355119,3440.1%
Whitman Hanson Regional School District 7/1/10     
Whittier Technical High School 7/1/14     
Wilbraham 7/1/13     
Williamsburg 7/1/12     
Wilmington 7/1/137.00%84,846084,8460.0%
Winchendon 7/1/14     
Winchester 6/30/138.00%33,80975233,0572.2%
Winthrop 7/1/138.00%36,228036,2280.0%
Woburn 6/30/137.50%116,4410116,4410.0%
Worcester  7/1/137.50%431,5310431,5310.0%
Worthington       
Wrentham 6/30/118.25%24,287024,2870.0%

 

Discount Rate - Pay As You Go Basis

Most recent valuation actuarial information
(dollars in thousands)


  Valuation DateDiscount Rate- Pay As You Go BasisActuarial LiabilityAssetsUnfunded Actuarial 
Liability
Funded 
Ratio
Commonwealth 1/1/154.50%16,502,800610,00015,892,8003.7%
        
Barnstable County       
Bourne  6/30/124.50%73,493073,4930.0%
Bourne Water District 6/30/105.00%1,76701,7670.0%
Buzzard's Bay Water District 6/30/105.00%15601560.0%
Brewster 6/30/124.50%14,719014,7190.0%
Cape Cod Regional Technical High School 6/30/144.50%16,01126115,7501.6%
Chatham 6/30/105.00%43,726043,7260.0%
Dennis 6/30/124.50%28,097028,0970.0%
Dennis Water District 6/30/105.00%5,32105,3210.0%
Dennis-Yarmouth Regional School District 6/30/105.00%69,472069,4720.0%
Eastham 6/30/124.50%21,573021,5730.0%
Falmouth 6/30/105.00%119,4120119,4120.0%
Harwich 6/30/124.50%44,084044,0840.0%
Mashpee 6/30/105.00%62,487062,4870.0%
Mashpee Water District 6/30/105.00%3,81403,8140.0%
Nantucket 6/30/124.50%88,559088,5590.0%
Nauset 6/30/105.00%25,811025,8110.0%
Orleans 6/30/124.50%21,680021,6800.0%
Provincetown 6/30/124.50%28,9335728,8760.2%
Sandwich Water District 6/30/105.00%11,045011,0450.0%
Truro 6/30/124.50%10,4135010,3630.5%
Wellfleet 6/30/126.25%8,5681628,4061.9%
Yarmouth 6/30/105.00%28,139028,1390.0%
        
Berkshire Region Group Purchasing Program (BRGPP)       
Adams-Cheshire Regional School District 6/30/144.50%49,281049,2810.0%
Becket (not in BRGPP 6/30/14 valuation)  6/30/124.50%3,21503,2150.0%
Berkshire Hills Regional School District 6/30/144.50%54,124054,1240.0%
Central Berkshire Regional School District 6/30/144.50%54,831054,8310.0%
Chester 6/30/144.50%47404740.0%
Dalton 6/30/146.00%8,184488,1360.6%
Farmington River RSD (not in BRGPP 6/30/14) 6/30/124.75%6,01006,0100.0%
Great Barrington 6/30/144.50%12,656012,6560.0%
Lanesborough 6/30/144.50%14,854014,8540.0%
Lee 6/30/144.50%35,01524434,7710.7%
Lenox 6/30/147.00%20,62490319,7214.4%
Mount Greylock Regional High School 6/30/144.50%19,996019,9960.0%
North Adams 6/30/144.50%90,807090,8070.0%
Otis (not in BRGPP 6/30/14) 6/30/124.50%720720.0%
Richmond 6/30/144.50%4,55804,5580.0%
Sheffield 6/30/144.50%3,29303,2930.0%
Southern Berkshire Regional School District 6/30/144.50%28,726028,7260.0%
Southwick/Tolland Regional School District 6/30/144.50%23,0062022,9860.1%
Tyringham 6/30/144.50%1,32301,3230.0%
Williamstown 6/30/145.00%20,62215020,4720.7%
        
Bristol County (county employees only) 6/30/154.00%29,188029,1880.0%
        
Dukes County 7/1/14     
Aquinnah 7/1/144.00%2,5751732,4026.7%
Chilmark 7/1/144.00%6,2936095,6849.7%
Chilmark Tri-Town Ambulance 7/1/144.00%76507650.0%
County of Dukes County 7/1/144.00%2,7581572,6015.7%
Edgartown 7/1/144.00%35,83963235,2071.8%
Martha's Vineyard Airport 7/1/144.00%4,87404,8740.0%
Martha's Vineyard Commission 7/1/144.00%2,074412,0332.0%
Martha's Vineyard Land Bank 7/1/144.00%1,27401,2740.0%
Martha's Vineyard Refuse District 7/1/144.00%1,486231,4631.5%
Martha's Vineyard Regional School District 7/1/144.00%27,52352426,9991.9%
Martha's Vineyard Regional Transit 7/1/144.00%68219448828.4%
Oak Bluffs 7/1/144.00%16,869016,8690.0%
Oak Bluffs School 7/1/144.00%13,367013,3670.0%
Oak Bluffs Wastewater  7/1/144.00%97409740.0%
Oak Bluffs Water 7/1/144.00%1,22601,2260.0%
Tisbury 7/1/144.00%11,948011,9480.0%
Tisbury School  7/1/144.00%12,356012,3560.0%
Tisbury Water Works 7/1/144.00%2,18802,1880.0%
Up-Island Regional School District 7/1/144.00%13,52028513,2352.1%
West Tisbury 7/1/144.00%5,6471,1214,52619.9%
West Tisbury Council on Aging 7/1/144.00%32103210.0%
        
Plymouth County (county employees only) 6/30/14     
        
Cities, Districts and Towns       
Abington 7/1/144.00%40,93112640,8050.3%
Acton 12/31/14     
Acton-Boxborough Regional 12/31/127.00%23,165023,1650.0%
Acton Water Supply 7/1/15     
Acushnet 7/1/144.00%10,889010,8890.0%
Adams 7/1/144.50%12,720012,7200.0%
Agawam 7/1/134.00%171,898100171,7980.1%
Alfordno plan      
Amesbury 6/30/154.00%71,693071,6930.0%
Amherst  6/30/123.50%93,709093,7090.0%
Amherst-Pelham Regional School District 6/30/104.25%43,357043,3570.0%
Andover 6/30/135.75%145,9151,102144,8130.8%
Arlington 1/1/144.00%205,8247,042198,7823.4%
Assabet Valley Regional Technical School District 7/1/104.00%9,18509,1850.0%
Ashburnham 7/1/134.00%5,61505,6150.0%
Ashburnham MLPno plan      
Ashburnham-Westminster Regional School District 7/1/144.00%12,451012,4510.0%
Ashbyno plan      
Ashfield 7/1/133.00%24322410.8%
Ashland 7/1/124.00%24,840024,8400.0%
Athol 7/1/124.00%26,874026,8740.0%
Attleboro 1/1/134.00%230,4680230,4680.0%
Auburn 6/30/143.50%67,9511,04766,9041.5%
Avon 7/1/144.00%13,37552712,8483.9%
Ayer 7/1/144.00%12,69923712,4621.9%
Barre 7/1/124.00%2,81802,8180.0%
Bedford 7/1/145.50%40,9754,08436,89110.0%
Belchertown 7/1/144.00%22,133022,1330.0%
Bellingham 7/1/153.50%51,00240150,6010.8%
Belmont 7/1/144.50%172,7451,720171,0251.0%
Berkley 7/1/144.00%12,179012,1790.0%
Berlinno plan      
Berlin-Boylston Regional School District 7/1/143.50%7,72207,7220.0%
Bernardstonno plan      
Beverly 6/30/134.00%202,6700202,6700.0%
Billerica 1/1/144.20%270,648576270,0720.2%
Blackstone  7/1/134.00%5,98405,9840.0%
Blackstone-Millville Regional School District 7/1/144.00%14,651014,6510.0%
Blandford       
Blue Hills Regional 7/1/153.50%28,458028,4580.0%
Bolton 6/30/155.00%2,0311871,8449.2%
Boston 6/30/15     
Boxborough 6/30/14     
Boxford 7/1/134.00%10,90928310,6262.6%
Boylston 7/1/154.00%6,363316,3320.5%
Boylston Electric 7/1/144.00%34503450.0%
Braintree (includes BELD) 1/1/144.00%188,7402,943185,7971.6%
Bridgewater 7/1/124.00%36,573036,5730.0%
Brimfield 7/1/124.00%1,47301,4730.0%
Brockton 6/30/144.00%416,9540416,9540.0%
Brookline 6/30/147.00%220,71922,374198,34510.1%
Buckland 7/1/144.50%89708970.0%
Burlington 12/31/14     
Byfield Water District 7/1/095.00%11901190.0%
Cambridge 7/1/144.00%538,3525,536532,8161.0%
Canton 7/1/134.20%142,752100142,6520.1%
Carlisle 7/1/133.00%9,11509,1150.0%
Carver 7/1/134.00%45,804045,8040.0%
Charlemont       
Charlton 7/1/144.00%6,76706,7670.0%
Cherry Valley and Rochdale Water Districtno plan      
Chelmsford   12/31/145.50%96,7273,75992,9683.9%
Chelmsford Water District 7/1/124.00%1,45701,4570.0%
Chelsea 7/1/134.00%164,7670164,7670.0%
Cheshire       
Chester Municipal Electricno plan      
Chesterfield 7/1/144.00%50505050.0%
Chesterfield-Goshen Regional School District 7/1/125.00%1,10901,1090.0%
Chicopee 1/1/144.00%213,5230213,5230.0%
Clarksburg       
Clinton 7/1/144.00%69,03421368,8210.3%
Cohasset 7/1/144.75%32,94358332,3601.8%
Colrain 7/1/126.00%36203620.0%
Concord 1/1/14     
Conway 7/1/124.00%2,06702,0670.0%
Cummingtonno plan      
Dalton Fire District 7/1/144.50%2,7901002,6903.6%
Danvers 1/1/144.00%178,0920178,0920.0%
Dartmouth 7/1/124.00%43,26751942,7481.2%
Dedham 6/30/145.75%69,7015,87763,8248.4%
Dedham-Westwood Water District 12/31/13     
Deerfield   6/30/134.00%6,56906,5690.0%
Deerfield Fire Districtno plan      
Dighton 7/1/144.00%6,678256,6530.4%
Dighton Fire Districtno plan      
Dighton Water District 7/1/094.00%69306930.0%
Dighton-Rehoboth Regional School District 7/1/104.00%29,272029,2720.0%
Douglas 7/1/144.00%10,891010,8910.0%
Dover  7/1/13     
Dover-Sherborn Regional School District 7/1/144.00%17,888017,8880.0%
Dracut 12/31/124.50%105,0340105,0340.0%
Dracut Water Supply District 7/1/125.00%1,60401,6040.0%
Dudley 7/1/144.00%9,87509,8750.0%
Dudley Charlton Regional School District 7/1/143.50%30,030030,0300.0%
Dunstableno plan      
Duxbury 6/30/146.00%45,39071344,6771.6%
East Bridgewater 7/1/144.00%36,2821536,2670.0%
East Brookfield       
East Longmeadow 7/1/134.00%50,130050,1300.0%
Easthampton 7/1/144.00%37,000037,0000.0%
Easton 6/30/134.25%97,4915097,4410.1%
Erving 7/1/124.00%4,1457773,36818.7%
Egremont 7/1/124.00%1,12501,1250.0%
Essex   7/1/134.00%3,096163,0800.5%
Essex North Shore Agricultural &Technical 7/1/144.00%8,39108,3910.0%
Essex North Shore Agricultural & Technical (GIC) 7/1/144.00%4,84704,8470.0%
Everett 7/1/134.00%161,4900161,4900.0%
Fairhaven 7/1/144.00%39,4418539,3560.2%
Fall River 7/1/154.50%569,8260569,8260.0%
Fitchburg 1/1/154.00%129,0600129,0600.0%
Florida       
Foxborough 6/30/133.50%48,0562,81645,2405.9%
Framingham 7/1/144.00%288,6462,517286,1290.9%
Franklin   6/30/134.00%89,054089,0540.0%
Freetown 7/1/144.00%16,69510016,5950.6%
Gateway Regional School District 7/1/144.00%13,682013,6820.0%
Gardner 7/1/144.00%92,437092,4370.0%
Georgetown   7/1/144.00%17,50063916,8613.7%
Georgetown Municipal Light Department 7/1/104.00%1,92701,9270.0%
Gill  6/30/12     
Gill-Montague Regional School District 7/1/144.00%35,090035,0900.0%
Gloucester 6/30/133.50%203,03299202,9330.0%
Goshen 7/1/123.00%13101310.0%
Gosnold       
Grafton 1/1/134.00%30,633030,6330.0%
Grafton Water District 7/1/134.00%24302430.0%
Granby       
Granville       
Great Barrington Fire District 7/1/124.00%27102710.0%
Greater Lawrence Sanitary District 7/1/144.00%6,97006,9700.0%
Greenfield 7/1/133.50%71,943071,9430.0%
Groton (includes Electric) 7/1/144.00%8,1354257,7105.2%
Groton-Dunstable Regional School District 7/1/104.00%22,271022,2710.0%
Groveland 7/1/134.00%3,96503,9650.0%
Hadley 7/1/144.00%7,1131236,9901.7%
Halifax 7/1/144.00%11,36410611,2580.9%
Hamilton 7/1/144.00%5,95905,9590.0%
Hampden 7/1/144.00%1,47301,4730.0%
Hampden-Wilbraham Regional School District 7/1/134.00%76,263076,2630.0%
Hampshire Regional School District 7/1/124.00%11,200011,2000.0%
Hancockno plan      
Hanover 1/1/114.25%47,799047,7990.0%
Hanson 6/30/134.00%11,815011,8150.0%
Hardwickno plan      
Harvard 7/1/144.00%23,18929022,8991.3%
Hatfield 7/1/125.00%2,62202,6220.0%
Haverhill 6/30/144.00%270,8910270,8910.0%
Hawlemont Regional School District 7/1/133.00%1,27701,2770.0%
Hawleyno plan      
Heathno plan      
Hingham (includes light plant) 6/30/14     
Hinsdaleno plan      
Holbrook 7/1/144.00%39,7775539,7220.1%
Holden 7/1/144.00%11,98078011,2006.5%
Holland 7/1/154.00%3,043263,0170.9%
Holliston 6/30/14     
Holyoke 6/30/134.00%212,5960212,5960.0%
Hoosac Water District 7/1/144.50%1,49001,4900.0%
Hopedale 7/1/144.00%20,427020,4270.0%
Hopkinton 6/30/145.50%19,81620919,6071.1%
Hubbardstonno plan      
Hudson 7/1/144.00%66,498066,4980.0%
Hudson Light and Power 1/1/144.00%2,4701,0551,41542.7%
Hull 1/1/134.00%32,439032,4390.0%
Huntingtonno plan      
Ipswich 7/1/134.00%36,1431,39334,7503.9%
Kingston 7/1/144.00%40,509040,5090.0%
Lakeville 7/1/144.00%14,36710614,2610.7%
Lancaster 7/1/144.00%3,06603,0660.0%
Lawrence 7/1/144.00%327,1490327,1490.0%
Leicester 1/1/134.00%21,462021,4620.0%
Leominster 1/1/154.75%186,4467,725178,7214.1%
Leverett 7/1/124.00%1,99901,9990.0%
Lexington 6/30/155.00%195,4615,799189,6623.0%
Leydenno plan      
Lincoln 7/1/114.00%47,2001,07846,1222.3%
Littleton Electric  1/1/14     
Littleton 7/1/145.50%31,3163,46227,85411.1%
Longmeadow 7/1/134.00%29,49541729,0781.4%
Lowell 7/1/143.50%496,2370496,2370.0%
Ludlow 1/1/144.00%69,430069,4300.0%
Lunenburg 7/1/144.00%33,023033,0230.0%
Lynn 6/30/143.50%649,6000649,6000.0%
Lynnfield   7/1/134.00%56,363056,3630.0%
Lynnfield Water District 7/1/124.00%217102074.6%
MHFA 1/1/15     
MWRA 1/1/146.50%166,4930166,4930.0%
Malden 7/1/134.00%144,4100144,4100.0%
Manchester-by-the-Sea 7/1/14     
Mansfield 7/1/144.00%70,9002,33068,5703.3%
Marblehead 7/1/144.50%133,390270133,1200.2%
Marion 7/1/144.00%9,8023559,4473.6%
Marlborough 6/30/133.50%120,9700120,9700.0%
Marshfield 7/1/124.00%72,9104172,8690.1%
Massport 1/1/15     
Mattapoisett 7/1/134.00%11,20919411,0151.7%
Maynard 7/1/144.00%44,78420844,5760.5%
Medfield  1/1/134.00%42,862042,8620.0%
Medford 6/30/144.00%224,1620224,1620.0%
Medway 7/1/134.00%38,4085038,3580.1%
Melrose 1/1/144.00%129,62550129,5750.0%
Mendon 7/1/124.00%4,94704,9470.0%
Mendon-Upton Regional School District 7/1/134.00%26,478026,4780.0%
Merrimac 7/1/124.00%4,82004,8200.0%
Methuen 12/31/134.00%142,3020142,3020.0%
Middleborough 7/1/144.00%95,1694,66490,5054.9%
Middleborough Gas and Electric 7/1/14     
Middlefieldno plan      
Middleton 7/1/124.00%13,92745813,4693.3%
Milford 7/1/134.00%61,79074461,0461.2%
Millbury 7/1/144.00%36,583036,5830.0%
Millis 7/1/144.00%20,28210020,1820.5%
Millville 7/1/124.00%14601460.0%
Milton 7/1/144.00%95,525095,5250.0%
Minuteman Regional School District 7/1/144.00%16,938016,9380.0%
Monroe Water Districtno plan      
Monson 7/1/144.00%20,57411820,4560.6%
Montague 7/1/144.00%13,960013,9600.0%
Monterey 7/1/113.50%36903690.0%
Montgomeryno plan      
Mount Washington       
Nahant 7/1/144.00%3,70103,7010.0%
Narragansett Regional School District 7/1/134.00%26,313026,3130.0%
Natick 7/1/144.00%114,6860114,6860.0%
Needham 6/30/15     
New Ashfordno plan      
New Bedford 6/30/144.00%424,7740424,7740.0%
New Braintreeno plan      
New Marlborough 7/1/123.50%27902790.0%
New Salem  7/1/104.00%49404940.0%
New Salem/Wendell School 7/1/115.00%1,76701,7670.0%
Newbury  7/1/144.00%5,340505,2900.9%
Newburyport 7/1/144.00%66,8162566,7910.0%
Newton 7/1/152.06%722,7623,570719,1920.5%
Norfolk   7/1/144.00%15,344015,3440.0%
North Andover 7/1/134.50%86,606086,6060.0%
North Attleboro 7/1/134.00%111,732109111,6230.1%
North Attleboro Electric Department 1/1/14     
North Brookfield 1/1/124.00%10,658010,6580.0%
North Chelmsford Water District 7/1/15     
North Reading 7/1/144.00%81,86816881,7000.2%
Northampton 7/1/154.00%113,272103113,1690.1%
Northborough 7/1/144.00%34,882034,8820.0%
Northborough-Southborough Regional School District 7/1/144.00%17,598017,5980.0%
Northbridge 1/1/154.00%67,064067,0640.0%
Northern Berkshire Vocational Regional School District 7/1/144.00%14,707014,7070.0%
Northfield 7/1/144.50%83908390.0%
Norton 7/1/134.00%54,9884154,9470.1%
Norwell 6/30/145.00%58,0361,18056,8562.0%
Norwood 6/30/134.00%123,3120123,3120.0%
Oakhamno plan      
Old Colony Regional Vocational Technical High School District 7/1/094.00%9,91609,9160.0%
Old Rochester Regional School District 7/1/104.00%10,244010,2440.0%
Orange 7/1/094.00%21,922021,9220.0%
Oxford 7/1/144.00%42,3823,45838,9248.2%
Palmer 7/1/144.00%33,7651033,7550.0%
Pathfinder Regional Vocational Technical High School District 7/1/153.50%16,954016,9540.0%
Paxton 7/1/144.00%3,09403,0940.0%
Paxton Electric Department 7/1/145.00%88231656635.8%
Peabody 6/30/144.00%296,4980296,4980.0%
Pelham 6/30/123.50%4,5501534,3973.4%
Pembroke 7/1/144.00%55,2288755,1410.2%
Pentucket Regional School District 7/1/104.00%32,870032,8700.0%
Pepperell 7/1/134.00%8,32408,3240.0%
Peru       
Petershamno plan      
Phillipstonno plan      
Pioneer Valley Regional School District 1/1/094.25%35,398035,3980.0%
Pittsfield 7/1/154.00%226,0370226,0370.0%
Plainfieldno plan      
Plainville 7/1/144.00%16,3891516,3740.1%
Princeton  7/1/124.00%1,21628493223.4%
Princeton Municipal Light 7/1/154.00%56705670.0%
Plymouth  1/1/154.00%567,829984566,8450.2%
Plympton 7/1/124.00%3,30203,3020.0%
Quincy 12/31/133.50%656,6661,231655,4350.2%
Randolph 7/1/134.00%76,703076,7030.0%
Ralph C. Mahar Regional School District 7/1/124.00%11,156011,1560.0%
Raynham 7/1/144.00%15,946015,9460.0%
Reading 6/30/13     
Rehoboth 7/1/144.00%9,45809,4580.0%
Revere 6/30/144.00%213,7130213,7130.0%
Riverside Water Districtno plan      
Rochester 7/1/124.00%7,26807,2680.0%
Rockland 7/1/144.00%68,9461168,9350.0%
Rockport 7/1/144.00%36,46712436,3430.3%
Rowe 7/1/134.00%1,42201,4220.0%
Rowley 7/1/144.00%7,3752577,1183.5%
Royalston       
Russell   6/30/151.00%1,371101,3610.7%
Russell Electric Light Enterprise 6/30/101.00%13601360.0%
Rutland 7/1/134.00%3,50403,5040.0%
Salem 12/31/134.75%109,606804108,8020.7%
Salisbury 6/30/124.00%6,99006,9900.0%
Sandisfield       
Saugus 7/1/144.50%104,8600104,8600.0%
Savoy       
Seekonk 7/1/144.00%24,51268823,8242.8%
Scituate 7/1/144.00%60,252060,2520.0%
Sharon 7/1/144.00%71,322071,3220.0%
Shawsheen Valley Regional Vocational Technical School District 7/1/104.00%28,852028,8520.0%
Shelburne 7/1/133.00%65606560.0%
Sherborn 6/30/134.00%9,61309,6130.0%
Shirley 7/1/134.00%4,18204,1820.0%
Shrewsbury 6/30/144.00%74,2982,08872,2102.8%
Shutesbury 7/1/124.00%1,75701,7570.0%
Somerset 7/1/134.00%85,774085,7740.0%
Silver Lake Regional School District 7/1/144.00%26,134026,1340.0%
Somerville 6/30/144.00%285,2550285,2550.0%
South Grafton Water Districtno plan      
South Hadley 7/1/144.00%32,018032,0180.0%
South Hadley Fire District #1 7/1/140.00%6,08706,0870.0%
South Hadley Fire District #2 7/1/073.00%44004400.0%
South Hadley Water District 7/1/140.00%2,48002,4800.0%
South Middlesex Regional Vocational 7/1/124.50%16,810016,8100.0%
Southampton 6/30/134.00%9,21709,2170.0%
Southborough 7/1/134.00%28,8355028,7850.2%
Southbridge 7/1/134.00%47,599047,5990.0%
Southern Worcester County Regional Vocational School District 6/30/142.00%9,69309,6930.0%
Southwick 7/1/144.00%4,69604,6960.0%
Spencer 7/1/134.00%5,24805,2480.0%
Springfield 7/1/133.50%873,4360873,4360.0%
Sterling 7/1/124.00%10,447010,4470.0%
Sterling Municipal Light Department 1/1/154.00%1,6323071,32518.8%
Stockbridge 7/1/123.50%4,65204,6520.0%
Stoneham 1/1/144.00%100,6510100,6510.0%
Stoughton 1/1/134.00%108,0250108,0250.0%
Stow 6/30/125.00%6,05806,0580.0%
Sturbridge 7/1/144.00%16,34913716,2120.8%
Sudbury 7/1/133.50%36,005036,0050.0%
Sudbury Water District 7/1/15     
Sunderland 7/1/123.00%1,51501,5150.0%
Sutton 7/1/134.50%14,54118914,3521.3%
Swampscott 7/1/143.50%97,87450097,3740.5%
Swansea 7/1/144.00%36,039036,0390.0%
Taunton 6/30/144.00%326,1660326,1660.0%
Templeton       
Tewksbury 6/30/144.50%162,045370161,6750.2%
Three Rivers Fire Districtno plan      
Tolland       
Topsfield 7/1/134.00%15,14113015,0110.9%
Townsendno plan      
Tri-County Regional School District 7/1/144.00%13,287013,2870.0%
Triton Regional School District 7/1/144.00%82,8931082,8830.0%
Turner Falls Fire District 7/1/145.00%2,10302,1030.0%
Tyngsborough 7/1/144.00%18,7684518,7230.2%
Upton 7/1/124.00%4,18004,1800.0%
Uxbridge 7/1/144.50%46,130046,1300.0%
Wachusett Regional School District 7/1/144.00%107,1240107,1240.0%
Wakefield 6/30/13     
Wakefield Municipal Light 6/30/13     
Wales 7/1/123.00%1,76801,7680.0%
Walpole 7/1/144.50%67,09299566,0971.5%
Waltham 6/30/144.00%600,6360600,6360.0%
Ware  7/1/144.00%23,6511023,6410.0%
Wareham 7/1/124.00%82,105082,1050.0%
Warren 7/1/124.00%3,05303,0530.0%
Warwickno plan      
Washingtonno plan      
Watertown 6/30/153.50%138,1510138,1510.0%
Wayland 12/31/14     
Webster        
Wellesley (includes MLP) 6/30/14     
Wenham 7/1/124.00%4,00704,0070.0%
West Boylston (excluding MLP) 6/30/164.00%29,827029,8270.0%
West Boylston MLP 6/30/16     
West Bridgewater 7/1/144.00%25,2441125,2330.0%
West Brookfield 7/1/123.50%1,14301,1430.0%
West Newbury 7/1/13     
West Springfield 7/1/134.25%134,4250134,4250.0%
West Stockbridgeno plan      
West Warren Water Districtno plan      
Westborough 7/1/145.00%46,681046,6810.0%
Westfield 1/1/144.00%230,21450230,1640.0%
Westfield Gas and Electric 1/1/14     
Westford 7/1/144.00%55,56522255,3430.4%
Westhampton 7/1/126.00%1,14701,1470.0%
Westminster 7/1/144.00%4,41504,4150.0%
Weston 7/1/146.00%74,9757,62667,34910.2%
Westport 6/30/144.00%49,5461,60647,9403.2%
Westwood 6/30/135.25%56,52961255,9171.1%
Weymouth 7/1/134.25%226,0061,743224,2630.8%
Whately 7/1/123.00%1,29201,2920.0%
Whitman   7/1/144.00%13,3321113,3210.1%
Whitman Hanson Regional School District 7/1/104.00%55,658055,6580.0%
Whittier Technical High School 7/1/144.00%29,299029,2990.0%
Wilbraham 7/1/134.00%12,416012,4160.0%
Williamsburg 7/1/123.00%2,65002,6500.0%
Wilmington 7/1/134.00%133,0660133,0660.0%
Winchendon 7/1/144.00%28,060028,0600.0%
Winchester 6/30/134.00%60,10675259,3541.3%
Winthrop 7/1/134.00%62,958062,9580.0%
Woburn 6/30/135.00%161,3110161,3110.0%
Worcester  7/1/134.00%727,8230727,8230.0%
Worthington       
Wrentham 6/30/114.00%48,398048,3980.0%

Footnotes and Comments Regarding OPEB Summary Report


Since 2011, PERAC has received about 1,000 OPEB actuarial valuation reports completed by 26 different actuarial or similar firms relating to nearly 450 governmental entities. 

Of these entities, 18 towns did not provide a valuation report and also did not indicate whether a plan had been adopted.  26 towns and 10 districts stated there was no OPEB plan.

The actuarial valuations reflect reports that the city, town, or district provided to PERAC as of August 1, 2016. Some may not be the most recent report prepared for that entity.  For example, 35 reports have a valuation date prior to 2012, leading us to believe a more recent report may exist.

Jurisdictions are generally listed alphabetically.  However, the Commonwealth report is listed first followed by reports concerning counties or county employees. The valuations for most of the towns and districts of Barnstable, Berkshire, and Dukes Counties are consolidated in individual reports.  The Bristol County and Plymouth County valuations reflect only county employees.

All dollar amounts are shown in thousands.

Many valuation reports show results using two (or more) different discount rates for comparative purposes (generally a funded rate and a pay-as-you-go rate). Other reports show results with only one discount rate (generally a pay-as-you-go rate). The pay-as-you-go rate assumes no (or little) actuarial funding.  

Showing valuation results with a funded discount rate does not necessarily mean the plan is funding the full Annual Required Contribution (ARC).  Usually the results are shown only for comparison. Only about 20 entities are fully funding the ARC.

The Summary Report details the valuation date and total actuarial liability, plan assets, unfunded actuarial liability, and funded ratio using either the funded discount rate and/or the pay-as-you-go discount rate as noted.  Total liabilities are not shown because not all valuations used both discount rates, resulting in many entities showing no liabilities under one assumption.  In addition, discount rates can vary significantly making a total meaningless (funding discount rates range from 6.0% to 8.25% and pay-as-you-go discount rates range from 0% to 7.0%).

We maintain a spreadsheet of information regarding these OPEB valuations that is constantly updated as additional valuations are submitted to us.  The spreadsheet delineates the number of active and retired members, normal cost, ARC, Annual OPEB expense,  actuarial assumptions, and certain plan provisions.  We may incorporate some of these items in future reports.

Our September 15, 2016 presentation on this topic, Other Post-Employment Benefits (OPEB)  pdf format of Other Post-Employment Benefits (OPEB)
, at the PERAC Emerging Issues Forum provides other details (beginning on page 23).  It can be accessed on the Educational Materials section of this website.

Data last updated May 10, 2017