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Get the free Actuarial Valuation Report for the Legislators - calpers ca

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Caliph orbit Public Employees Re E retirement SST TEM Actuarial Office P.O. Box 942701 amen to, CA 94 4229-2701 Sacra TTY: (916) 795-324 40) one 5-2744 fax (888) 225-7377 for (916) 795 WWW w.callers.ca.go
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The actuarial valuation report is prepared to assess the financial status and sustainability of a pension plan. It provides an estimate of the plan's liabilities and determines the amount of funding necessary to meet the plan's obligations.
Pension plan administrators or trustees are typically required to file the actuarial valuation report for the pension plan.
Filling out the actuarial valuation report involves gathering relevant data regarding plan participants, contributions, investment performance, and assumptions. This data is then analyzed by an actuary who uses actuarial methods to calculate the plan's liabilities and funding requirements. The actuary will then prepare the report based on the results.
The actuarial valuation report serves several purposes, including providing a snapshot of the financial health of a pension plan, assessing the plan's ability to meet its obligations, and guiding plan sponsors in making funding decisions. It also helps to ensure transparency and accountability in pension plan management.
The actuarial valuation report typically includes information on plan demographics, such as the number of active and retired participants, contribution rates, investment returns, actuarial assumptions, and the calculated funding requirements for the plan.
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