Actuarial Unit Appropriation Letter
Public Employee Retirement Administration Commission / Image of Sunrise

Contact PERAC

Send RFP Notice

Home What's New Board Profiles Forms Jobs Memos PERAC Units Publications Chapter 32 Regulations  
Appropriation
        Questionnaire
""Appropriation          Letters
Approval of Funding        Schedule
FAQs
Funded Ratios
Glossary
Memos
Record Layouts
Buy-Back
        Worksheet
Reports
RFP Notices
Staff
Training Materials
Valuations
ERIP
Anti-Spiking         worksheet
 

 
Privacy Policy
Accessibility
Download Tools

Actuarial Unit

     
    APPROPRIATION LETTERS

 

Adobe Versions
    
You will need Adobe Reader Software to read the documents presented here.
      
   To Access an index of Appropriation Letters, please click here.
 

By December 15 of each year, PERAC is required to send an appropriation letter to each board for the fiscal year beginning on the following July 1. The required appropriation in the letter is based on the funding schedule that was previously adopted by the board. The funding schedule is determined as part of the most recent actuarial valuation of the system. As part of the letter, the appropriation is allocated to each governmental unit of the retirement system.

Often, boards complete another actuarial valuation as of the January 1 following the submission of the letter and adopt an updated funding schedule. Depending how the schedule is determined, it is possible the letter may be revised. The appropriation letters that are posted reflect the original letters and any subsequent revisions.

 
 
       Newsflash
   
  PERAC Pension News
   
  Annual Report
   
  Retirement Guides
   
    SEARCH