Actuarial analysis of the State Police retirement system of New Jersey
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Actuarial analysis of the State Police retirement system of New Jersey

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Published by The Division in [Trenton] .
Written in English

Subjects:

Places:

  • New Jersey.

Subjects:

  • Police -- Pensions -- New Jersey.

Book details:

Edition Notes

StatementNew Jersey State Legislature, Office of Fiscal Affairs, Division of Program Analysis.
Classifications
LC ClassificationsHV8145.N5 N38 1978a
The Physical Object
Paginationi, 10, 60 p. ;
Number of Pages60
ID Numbers
Open LibraryOL4378736M
LC Control Number78622939

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The reviewed and finalized actuarial assumptions will be presented to Comptroller Thomas P. DiNapoli for certification and will be used in developing employer contribution rates, payable on 2/1/, for the many different plans covered by the Employees’ Retirement System (ERS) and the Police and Fire Retirement System (PFRS). The results of the Annual Actuarial Valuation of the Arkansas State Police Retirement System as of June 30, , and the Gain/Loss Analysis of Experience among Active Members from July 1, to June 30, are presented in this report. The valuation was based upon Retirement System provisions in effect on the valuation date. The reviewed and finalized actuarial assumptions will be presented to Comptroller Thomas P. DiNapoli for certification and will be used in developing employer contribution rates, payable on 2/1/, for the many different plans covered by the Employees Retirement System (ERS) and the Police and Fire Retirement System (PFRS). Enrollment in the State Police Retirement System (SPRS) is a condition of employment. Your employee contribution will be 9 percent of your annual salary. Service Retirement: After 20 years of service as a New Jersey State Trooper, you are eligible to receive a pension, regardless of age, consisting of 50% of your final compensation.

primarily on the three large state-administered systems – the New Jersey Public Employees’ Retirement System (PERS), the New Jersey Teachers’ Pension and Annuity Fund (TPAF), and the New Jersey Police and Firemen’s Retirement System (PFRS) – which make up the vast majority of the active public pension membership in the state. July 1, Actuarial Valuation State of Oklahoma Police Pension and Retirement System – OPPRS 3 Due to the use of an asset smoothing method, there is about $52 million of deferred investment loss that has not yet been recognized. This deferred investment experience will be reflected in the actuarial value of assets over the next four years. Long-Term Strategic Analysis Facts and Figures • The Oklahoma Police Pension & Retirement System (OPPRS) is the most well funded large plan in the State of Oklahoma (% as of June 1, ). • Due to its funded status, OPPRS has focused its investment strategy on risk reduction, while maintaining attractive risk-adjusted returns. May 28,  · We must also bring the actuarial analysis of the New Jersey Pension System(s) to normalcy. The actuaries should be independent, shielded from political influence. (1) State and Local Pension Fund Management, Jun Peng, CRC Press, pp ,

State Police Actuarial Valuations. The State Police Retirement Benefits Trust (SPRBT) Actuarial Valuation report describes the current actuarial condition of the SPRBT, determines the recommended employer contribution rate, and analyzes changes in the contribution rate. Florida Retirement System Actuarial Assumption Conference Florida Retirement System. October 23, and October 28, Executive Summary [pdf] Presentations: Actuarial Valuation Results Supplemental Materials (Milliman) - October 28, [pdf] Preliminary July 1, Actuarial Valuation Results (Milliman) - October 23, [pdf]. The Public Retirement Systems' Actuarial Committee (PRSAC) was created by the Louisiana Legislature in to ensure orderly and consistent strategies for continuing development and growth of Louisiana's state and statewide retirement systems, pension plans, and funds in order to attain and maintain their fiscal soundness. Judges Actuarial Valuations. The Judicial Retirement Benefits Trust (JRBT) Actuarial Valuation report describes the current actuarial condition of the JRBT, determines the recommended employer contribution rate, and analyzes changes in the contribution rate. Valuations are prepared annually, as of June 30th, the last day of the JRBT plan year.