Actuarial valuations

These reports provide actuarial valuations and projections for the Teachers’ Retirement Plan.

Valuations

The latest reports as of June 30, 2023.

Defined Benefit Program Defined Benefit Supplement Program Cash Balance Benefit Program Medicare Premium Payment Program

Projection of SBMA funding sufficiency

The latest report as of June 30, 2023.

Supplemental Benefit Maintenance Account

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.

Valuations

Projection of SBMA funding sufficiency

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