Actuarial Unit

• Anti-Spiking (10/2012) (PDF)
  
  
• Pension Reform and Plan Design in Massachusetts Public Plans (09/2012) (PDF)
  
  
• Actuarial Valuation Basics and Funding Strategies (06/06/12) (PDF)
  
  
• Guide to Retirement Benefit Calculations (06/12) (PDF)
  
  

• Actuarial Valuation Basics (05/12) (PDF)
  
  
• Investment Return and Salary Increase Assumptions and Funding Schedules (05/12) (PDF)

Audit Unit

• 2012 Annual Statement (01/1/13) (PDF)
  
  
• Remote Participation (01/24/12) (PDF)
  
  
• Regular Compensation (01/24/12) (PDF)
  

• Buyback Agreements (01/24/12) (PDF)
  
  
• Retirement Board Procurement File (01/24/12) (PDF)

Legal Unit

• The Legislative Process in Massachusetts (10/2012) (PDF)
  
  
• Changes in Retirement Plan Benefits for Those Whose Membership Date is April 2, 2012 or Thereafter (10/2012) (PDF)
  
  
• Pension Forfeiture (06/06/12) (PDF)
  
  
• April 2, 2012: How Chapter 176 of the Acts of 2011 Affects Those Who Became Members Prior to that Date (06/05/12) (PDF)
  

• How Chapter 176 of the Acts of 2011 Affects Those Who Became Members Prior to that Date (04/12/12) (PDF)
  
  
• Overview: Those whose Membership date is April 2, 2012 or Thereafter (04/12/12) (PDF)

• Overview of PERAC (PDF)
  

• Pension Reform and Plan Design in Massachusetts Public Plans (09/2012) (PDF)
  
  
• Pension Reform and Plan Design: Around the County (09/2012) (PDF)
  
  
• Locally-Adminstered Pension Plans in Rhode Island (09/2012) (PDF)
  

• Massachusetts OPEB Commission (09/2012) (PDF)
  
  
• OPEB and the New Pension Standards (09/2012) (PDF)

• Managing the Challenge: Funding Schedule Extension (2011) (PDF)
  

• Funding Schedule Extension (2010) (PDF)
  

• Comments and Recommendations of the PERAC Actuarial Advisory Committee (July 23, 2009) (PDF)
  

• Lawrence B. Stone: Overview (PDF)
  
  
• Kathleen A. Riley: Pension Funding Recommendations (PDF)

• Daniel W. Sherman : Proposed Funding Relief - What If? (PDF)
  
  
• Steve Ricci: Pension Funding Recommendations (PDF)

• Understanding an Actuarial Valuation Report (2008) (PDF)
  
  
• Valuation Issues: You Make the Call (slide show) (2008) (PDF)
  
  
• Actuarial Funding Case Study (slide show) (2008) (PDF)
  
  
• Actuarial Valuation Basics (slide show) (2008) (PDF)
  

• Actuarial Valuation Basics (2008) (PDF)
  
  
• Preparing for an Actuarial Valuation (slide show) (2008) (PDF)
  
  
• Guide To Retirement Benefit Calculations (2008) (PDF)

Benefit Calculations

• Guide To Retirement Benefit Calculations (2008) (PDF)

• Workers' Compensation Offset (Spring 2001)

• Forum Agenda (PDF)

• Speaker Biographies (PDF)

• The National Pension Crisis
  • Dan Sherman (PDF)
  • Barbara Ware (PDF)
  • Steve Ricci (PDF)
  • Jim Lamenzo (PDF)

• Revisiting GASB45
  • Charlie Cahill and Tom Vicente (PDF)
  • Larry Stone (PDF)
  • Marc Waldman (PDF)

  Audit Unit

• Annual Statment Review Guideline/Checklist (PDF)
  
  
• The Sample Annual Statement 2012 (PDF)
  
  
• The Annual Statement 2012 (PDF)
  
  
• Preparing the Annual Statement 2012 (PDF)
  
  
• Remote Participation (01/24/12) (PDF)
  
  
• Regular Compensation (01/24/12)
  
  
• Buyback Agreements (01/24/12) (PDF)
  
  
• Retirement Board Procurement File (01/24/12) (PDF)
  
  
• Refunds to Members Who Voluntarily Terminate Service (2010) (PDF)
  
  
• Internal Control Questionnaire (2011) (PDF)
  
  
• Components of an Audit Report (2013) (PDF)
  
  

• Sample Worksheet for Tracking the Progress of Buy-back Agreements (2008) (PDF)
  
  
• Internal Control Questionnaire (slide show) (2008) (PDF)
  
  
• Accounting Manual for Massachusetts Public Pension Systems (PDF) (2009)
  
  • August 2009 Update Advisory
    
  • Revised Page 45
    
    
• Accounting for Retirement Systems: The New Revised Revamped Improved PERAC Accounting Manual (slide show) (2008) (PDF)
  
  
• Contributory Retirement System Audit Process (2010) (PDF)
  

• Improving Retirement System Operations (slide show) (2008) (PDF)
  
  
• Improving Your Retirement Retirement System's Control (slide show) (2013) (PDF)
  

  Disability Unit

• Disability Retirement: PERAC's Complete Guide to the Process (2011) (PDF)
  
  • November 2009 Update Advisory
  • Revised Pages 149 - 152
    
    
  • June 2011 Update Advisory
  • Revised Pages
    
    
• The Accidental & Ordinary Disability Retirement Process (3.2011) (PDF)
  
  
• Disability Retirement: Frequently Asked Questions (3.2011) (PDF)
  
  
• The CME/RTS Process (5.2011) (PDF)
  
  
• HRD Medical Standards & Essential Duties for Firefighters (PDF)

• A Public Employee Case Study:
  Oliver Payne (2008) (PDF)
  
  
• A Public Employee Case Study: James Brown (2008) (PDF)
  
  
• HRD Medical Standards & Essential Duties for Police Officers (PDF)

  Fraud Prevention Unit

• 91A Process (slide show) (2008) (PDF)
  
  
• Understanding the 91A Process (2008) (PDF)

• Sample Calculations X, Y & Z (2008) (PDF)
  

  Investment Unit

• PRIM: Performance By Asset Class & Overview of PERAC Investment Regulations (2008) (PDF)
  
  
• The Challenging Investment Climate: How to Cope (slide show) (2008) (PDF)
  
  
• The Competitive Bid Process (PDF)
  
  
• Fundamentals of Asset Allocation (PDF)
  

• An Overview of Hedge Funds (PDF)
  
  
• Selecting an Investment Manager/ The Basics of Securities Lending & Commission Recapture (PDF)
  
  
• Understanding Investments (PDF)

• Fund Analyzer
  
  
• BrokerCheck Research Brokers & Investment Advisers

  Legal Unit 

ERI

• Muncipal Relief Act (2010) (PDF)
  

• Section 66 of Chapter 188 of the Acts of 2010 (PDF)

General

• General Overview (2010) (PDF)
  
  
• Membership in the Retirement System (2010) (PDF)
  
  
• Beneficiaries (2010) (PDF)
  

• Public Employee Case Study: John Michael Emmett, Jr. / The Race to Eighty Per Cent (slide show) (2008) (PDF)
  
  
• Retirement for Public Employees in the Commonwealth (March, 2011) (PDF)

Board Members

• Fiduciary Responsibility of Retirement Board Members and Staff (2010) (PDF)
  
  
• Monthly Meetings and Records (2010) (PDF)
  
  
• Board Meeting Guidelines (2008) (PDF)

• A Budget Process Model (slide show) (2008) (PDF)
  
  
• Pension Legal Issues (PDF)

Conflict of Interest

• Practical Guide to the Conflict of Interest for Municipal Employees (PDF)

Contributory Retirement Appeal Board

• Contributory Retirement Appeal Board: Standing Order (2010) (PDF)

• Richard Shafer vs CRAB: Contact PERAC for a copy of this decision

Domestic Relations Orders

• What You Need to Know as a Party to a Domestic Relations Order (2008) (PDF)

Pension-Related Changes

• Overview of Chapter 21 of the Acts of 2009 & the Proposed Regulations (2009) (PDF)
  
  
• Pension-Related Changes: Massachusett General Laws and Federal Statutes (2008) (PDF)
  
  
• Pension-Related Changes: MA & Federal Law Since January 1, 2002 (2008) (PDF)
  
  
• Pension-Related Changes/Massachusetts General Laws & Federal Statutes: Part I (Fall 2004) (PDF)
  

• Pension-Related Changes/Massachusetts General Laws & Federal Statutes: Part II (Fall 2004) (PDF)
  
  
• Pension-Related Changes/Massachusetts General Laws & Federal Statutes: Part III (Fall 2004) (PDF)
  
  
• Changes/Additions in Chapter 32 Since January 1, 2002 (Fall 2004) (PDF)

Post-Retirement Employment

• G.L. c. 32, § 91 Post-Retirement Employment in the Public Sector (2010) (PDF)

Public Records & Personal Information

• Public Records and Security of Personal Information (2010) (PDF)
  
  
• How to Identify, Maintain and Safeguard Personal Information (2010) (PDF)
  
  
• Massachusetts Public Records Law (PDF) (2002)

• Records Disposal Schedule (PDF)
  
  
• Technology, Confidentiality, and Public Records (PDF)

Regular Compensation

• Chapter 11 of the Acts of 2009 and Regular Compensation (2010) (PDF)
  
  
• What is Regular Compensation? What is the Impact of the Amendments to 840 CMR 15.03? (Spring 2006) (PDF)

• Regular Compensation Status of Certain Motor Vehicle Use (Spring 2006) (PDF)
  
  
• Chapter 157 of the Acts of 2005 and Chapter 143 of the Acts of 2005 (Spring 2006) (PDF)

Section 15

• Section 15 Forfeiture Mock Hearing (2008) (PDF)

Tax Issues Qualification Letter

• Tax Issues Qualification Letter (slide show) (2008) (PDF)