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6 results for “actuarial analysis”

  • Annual Comprehensive Financial Report JUNE 30, 2025 AND 2024

    Jun 30, 2025

    ·Phoenix, AZ
    Budget

    This is the Annual Comprehensive Financial Report of the City of Phoenix Employees' Retirement System for fiscal years ended June 30, 2025 and 2024, representing the system's seventy-ninth annual report. The document contains financial statements, investment performance data, actuarial analysis, and statistical schedules covering the retirement plan's operations as a component unit of the City of Phoenix. Key sections include a statement of fiduciary net position, changes in net pension liability, schedules of employer contributions and investment returns, and analysis of benefit expenses and membership data. The report was prepared jointly by the City of Phoenix Employees' Retirement System and the City of Phoenix Finance Department, located at 200 West Washington Avenue, Phoenix, Arizona.

    AI summary

    employee retirementpension liabilityfinancial report
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  • 21-1424: A bill for an Ordinance modifying Article XII (RETIREMENT) of Chapter 18, of the Denver Revised Municipal Code, to add actuarial analysis and funding requirements for the unfunded actuarial liability of the 1963 Retirement Plan. Amends Article XII of Chapter 18 of the Denver Revised Municipal Code to add actuarial analysis and funding requirements for the unfunded actuarial liability of the 1963 Retirement Plan to maintain the Plan’s actuarial soundness. The Committee approved filing this item at its meeting on 11-23-21.

    Nov 15, 2021

    ·Denver, CO
    Proposal
    Source

  • 2021-1531: Resolution authorizing and directing the Director of Finance, acting as the Chief Administrative Officer of the employee’s municipal pension plan, to perform an actuarial analysis in accordance with Act 205, 53 Pa.C.S. 895:305(a)(b) and Ordinance Pension Act of 1975, Section 8. Pension Allowance, Paragraph 4 (i), to determine the cost of eliminating the “Social Security Off-Set” for all active non-union employee members of the Municipal Pension Fund hired after June 30, 2004.

    May 24, 2021

    ·Pittsburgh, PA
    Proposal
    Source

  • 2021 Annual Comprehensive Financial Report

    Palmerton, PA
    Budget

    The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report documents the fiduciary net position, investment performance, and financial activities of the pension system for fiscal years 2021 and 2020. The report includes financial statements, independent auditor's report, management's discussion and analysis, investment summaries showing portfolio distribution and rates of return, and actuarial information covering plan provisions and pension contributions. The document serves as the official accounting of the system's assets, liabilities, and administrative and investment expenses under the leadership of Chairman Barry L. Sherman and CEO Timothy A. Reese.

    AI summary

    pension systemfinancial reportinvestment performancemunicipal retirement
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  • Annual Comprehensive Financial Report Building the Phoenix of Tomorrow

    Phoenix, AZ
    Budget

    This is the Seventy-Eighth Annual Comprehensive Financial Report for the City of Phoenix Employees' Retirement System, a component unit of the City of Phoenix, Arizona, covering fiscal years ended June 30, 2024 and 2023. The report presents financial statements, actuarial data, investment performance, and administrative information for the retirement system. The document includes an independent auditor's report, management's discussion and analysis, statements of fiduciary net position and changes in fiduciary net position, and schedules addressing net pension liability, employer contributions, investment returns, administrative expenses, and benefit provisions. The system received a Certificate of Achievement for Excellence in Financial Reporting and a Public Pension Standards Award for Funding and Administration.

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    pension fundingfinancial reportinginvestment performanceretirement systemactuarial analysis
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  • 2021 Annual Comprehensive Financial Report

    Carbondale, PA
    Budget

    The Pennsylvania Municipal Retirement System's 2021 Annual Comprehensive Financial Report presents a complete overview of the pension system's financial performance for fiscal years 2020 and 2021, covering financial statements, investment activity, actuarial analysis, and administrative operations. The report includes an independent auditor's assessment, management discussion and analysis, detailed financial statements showing fiduciary net position and changes, and supplementary schedules documenting administrative expenses, investment expenses, and pension contributions. The document also outlines the system's investment guidelines, asset allocation strategy, and portfolio performance for the reporting period.

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    pension systemfinancial reportinvestment performancemunicipal retirementactuarial analysis
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