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Actuarial Valuations

What is an Actuarial Valuation?

 

An actuarial 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 KRS, annual valuations are conducted as of June 30, the end of our fiscal year.

 

The Systems’ current actuary is GRS Retirement Consulting.

 

All documents prior to 2013 have been archived and are available upon request. In addition, alternate formats of these materials may be made available upon request.  Persons with hearing and speech impairments can contact KRS by using the Kentucky Relay Service, a toll-free telecommunication device for the deaf (TDD). For voice to TDD, call 800-648-6057. For TDD to voice, call 800-648-6056.

Click here to Submit a Historical Document Request.


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