Actuarial Reports


Actuarial Reports

CCCERA contracts with an independent actuarial consulting firm to act as the plan’s actuary.

Actuarial Valuations

Each year the actuary completes an actuarial valuation, which is presented to the Board. Based on the results of the annual actuarial valuation, the Board recommends new member and employer contribution rates to the county Board of Supervisors and the governing body of the other plan sponsors. The most recent actuarial valuation was performed by Segal Consulting, as of December 31, 2016.

December 31, 2016 Actuarial Valuation
December 31, 2015 Actuarial Valuation
December 31, 2014 Actuarial Valuation
December 31, 2013 Actuarial Valuation
December 31, 2012 Actuarial Valuation
December 31, 2011 Actuarial Valuation
December 31, 2010 Actuarial Valuation
December 31, 2009 Actuarial Valuation

Actuarial Experience Studies

On a triennial basis, the actuary also conducts an experience study of the members of CCCERA and makes recommendations to the Board on all economic and non-economic assumptions.

Review of Economic Actuarial Assumptions for the December 31, 2015 Actuarial Valuation
Actuarial Experience Study 2012-2014
Actuarial Experience Study 2010-2012

Actuarial Audits

CCCERA also contracts with a second actuarial consulting firm to perform actuarial audits of the plan’s principal actuary. The most recent actuarial audit was performed by Milliman, as of December 31, 2012.

Actuarial Audit as of December 31, 2012
Actuarial Audit as of December 31, 2007