Iowa Public Employees' Retirement System Demographic Assumptions Study, June 28, 2018

(2018) Iowa Public Employees' Retirement System Demographic Assumptions Study, June 28, 2018. Iowa Public Employee Retirement System

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Abstract

The purpose of an actuarial valuation is to provide a timely best estimate of the ultimate costs of a retirement system. Actuarial valuations of the Iowa Public Employees Retirement System are prepared annually to determine the actuarial contribution rate to fund the system on an actuarial basis the current assets plus feature contribution along with investment earnings will be sufficient to provide the benefits promised by the system to current members. The valuation requires the use of certain assumptions with respect to the occurrence of future events, such as rates of death, termination of employment, retirement age and salary changes.

Item Type: Departmental Report
Keywords: IPERBS, Finance, Agencies, State
Subjects: Government finance and taxes > State finance
State government > State audits and studies
State government
ID Code: 33483
Deposited By: Margaret Barr
Deposited On: 24 Aug 2020 15:19
Last Modified: 24 Aug 2020 15:19
URI: http://publications.iowa.gov/id/eprint/33483