What is an Actuarial Valuation?
valuation is a mathematical analysis performed by professional
actuaries. Valuations provide an appraisal of the funded status of the
Systems’ pension and insurance funds by estimating future liabilities and
assets at a given point in time. For KPPA, annual valuations are conducted
as of June 30, the end of our fiscal year.
KPPA's current actuary is GRS Retirement Consulting.