Memorandum

Memorandum #8: Actuarial Data

Date: 01/27/2022
Referenced Sources: PERAC Website

PERAC Memo #8, 2022

Contact for #8: Actuarial Data

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Table of Contents

To All Retirement Boards:

TO:                 All Retirement Boards

FROM:           John Parsons, Esq., Executive Director

RE:                 Actuarial Data

DATE:            January 27, 2022

 

At this time, we are requesting that Boards submit data for active members, retirees/survivors, and disability retirees as of December 31, 2021. Please submit the data by March 31, 2022, 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 2022, you should have previously received a separate request for the data.

Thank you for your cooperation in this regard.

Commission Members:

Philip Y Brown, Esq., Chairman
Auditor 
Suzanne M. Bump
Kathleen M. Fallon
Kate Fitzpatrick
James M. Machado
Richard MacKinnon, Jr.
Jennifer F. Sullivan

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