Report to the Permanent Commission on Public Employee Pension and Retirement Systems, State of New York on Actuarial Funding Methods, Assumptions and Other Financing Arrangements of the Public Employee Retirement Systems of the City and State of New York |
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ACTIVE MEMBER PAYROLL actuarial assumptions actuarial cost method actuarial funding method ACTUARIAL PRESENT VALUE actuarial valuation Aggregate cost method amortized cost ANNUAL ACTIVE MEMBER asset valuation methods ASSETS AVAILABLE AVAILABLE FOR BENEFITS basis BENEFITS AND TOTAL changes in actuarial Chapter 33 Chapter 976 contribution rates contribution requirements CREDITED PROJECTED BENEFITS Department Pension Fund employee retirement systems employer contributions ERISA experience study Fire Department Pension Fire Fund FISCAL YEAR ENDING Footnotes on Table Frozen Initial Liability funded status GASB interest rate assumption Internal Revenue Code June 30 moving average NET ASSETS AVAILABLE normal cost NYCERS NYSTRS participating employers payable payment Pension Commission pension plan plan assets public employee retirement recommendations RETIREMENT SYSTEM COMPARATIVE REVENUES BY SOURCE salary increases salary scale assumptions Shinn Commission SUMMARY OF REVENUES SUMMARY OF UNFUNDED supplemental liability SYSTEM COMPARATIVE SUMMARY TOTAL ACTUARIAL PRESENT UNFUNDED ACTUARIAL PRESENT VALUE OF CREDITED York City Retirement York City Systems