Actuarial Valuation

The actuarial value is a mathematical calculation, often of the financial condition of a pension plan. It includes the computation of the present monetary value of benefits payable to present members, and the present monetary value of future employer and employee contributions, factoring in mortality among active and retired members and also to the rates of disability, retirement, withdrawal from service, salary and interest. It is the value of cash, investments, and other property belonging to a pension plan, as used by the actuary for the purpose of an actuarial valuation. The actuarial value of assets may represent an average value over time, and normally differs from the amount reported in the financial statements, which is a measurement as of the date of the statement of net assets.  The Plan's actuary valuation is prepared by Gabriel, Roeder, Smith & Company.

History of Investment Return Based on Actuarial Value of Assets

To view the present and historical actuary valuations of the pension plan please see links below:

• Actuarial Valuation Report 10-1 2023
• Actuarial Valuation Report 10-1-2021
• Actuarial Valuation Report 10 -1-2020
• Actuarial Valuation 10-1-2019
• Actuarial Valuation 10-01-2018
• Actuarial Valuation 10-01-2017
• Actuarial Valuation 10-01-2016
• Actuarial Valuation 10-01-2015
• Actuarial Valuation 10-01-2014
• Actuarial Valuation 10-01-2013
• Actuarial Valuation 10-01-2012
• Actuarial Valuation 10-01-2011
• Actuarial Experience Study 10/1/00 - 10/1/10
• Actuarial Valuation 10-01-2010
• Actuarial Valuation 10-01-2009
• Actuarial Valuation 10-01-2008
• Actuarial Valuation 10-01-2007
• Actuarial Valuation 10-01-2006