Actuarial valuations

These reports provide actuarial valuations and projections for the Teachers’ Retirement Plan, including:

Defined Benefit Program
Defined Benefit Supplement Program
Cash Balance Benefit Program
Medicare Premium Payment Program
SBMA Funding Sufficiency

Current actuarial reports

Actuarial valuations for the State Teachers’ Retirement Plan as of June 30, 2022.

Past actuarial reports

Reports include the Defined Benefit, Defined Benefit Supplement, Cash Balance Benefit and Medicare Premium Payment programs, and Projections of SBMA Funding Sufficiency.

Independent replication and peer review of actuarial valuations

A replication and peer review of the June 30, 2019 actuarial valuations by an independent actuarial firm. This review is performed every four years.

GASB/Financial Reporting valuation reports

Reports include actuarial computations presented under GASB Statements No. 74/75 and No. 67/68 to assist with fulfilling financial accounting requirements.