Announcing 2021 actuarial valuation reports

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October 4, 2022

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2021 Actuarial Valuations

Your rate-setting valuation is now available to download from the PERS website. A copy of your valuation will not be emailed to you; instead, please download it from the website as explained below.

 

2023-25 contribution rates

To find your agency's contribution rates that will go into effect on July 1, 2023, go to the Contribution Rates webpage. See the chart below from PERS consulting actuary Milliman for an overview of how rates will be changing and why. 

 

How to download your valuation

Your valuation report is available digitally as a PDF file. Go to the Actuarial Valuations webpage and follow the instructions. 

Valuation links on website

State and Local Government Rate Pool (SLGRP) valuations are broken into separate .zip files by employer number.

School districts without side accounts should reference the valuation for employer #3000. All districts that do not have a side account have the same rate and, therefore, do not receive individual valuations.

 

About your valuation

Every even-numbered year, PERS publishes a system-wide valuation report in addition to
actuarial valuation reports for every PERS-participating employer. These reports are calculated and created by PERS’ consulting actuary based on information gathered the previous (odd) year.

Note about side accounts: As a reminder, this valuation contains data through 12/31/2021. Any new side accounts or activity that occurred in 2022 are not reflected in this valuation. To accurately account for new side accounts, employers should deduct the side account rate from the 2023-25 net employer rate. If you have any questions or concerns, please contact PERS Actuarial Services at Actuarial.Services@pers.oregon.gov.

The system-wide valuation report overviews the financial health of the PERS system and presents actuarial estimates of the system-wide liabilities and expenses of PERS, including pension benefits and retiree medical benefits. It also provides information on system-wide average employer contribution rates and employer rates by pool.

Employer valuation reports are informational supplements to the system-wide report. They provide details on employers’ contribution rates and the data used to calculate the rates.

Valuation reports are grouped by pool:

  • State and Local Government Rate Pool employers.
  • School District Rate Pool employers.
  • Independent employers.
Milliman chart: Summary of Valuation Results — Contributions

 

Learn more

To understand the most important sections in your valuation, read the Guide to Understanding Your Valuation. Find the edition for your employer pool and click either the download version or the print version.

If you have questions about your rate or valuation, contact Actuarial Services.

These related webpages are also helpful:

Guide to Understanding Your Valuation

Get help

Although PERS Actuarial Services will not be emailing individual valuation reports to employers, if you have any difficulty finding your valuation or have questions regarding how your rate was calculated, please do not hesitate to email Actuarial Services.