GERS Actuarial Valuation (Actuarial valuation as of September 30, 2023)
This valuation report should only be copied, reproduced, or shared with other parties in its entirety as necessary for the proper administration of the Plan. © 2024 by The Segal Group, Inc. Government Employees' Retirement System of the Virgin Islands Actuarial Valuation and Review as of September 30, 2023 333 West 34th Street, 3rd Floor New York, NY 10001-2402 segalco.com T 212.251.5000 November 26, 2024 Board of Trustees Government Employees' Retirement System of the Virgin Islands GERS Complex 3438 Kronprindsens Gade St. Thomas, Virgin Islands, 00802 Dear Board Members: We are pleased to submit this Actuarial Valuation and Review as of September 30, 2023. It summarizes the actuarial data used in the valuation, analyzes the preceding year's experience, and establishes the funding requirements for fiscal year ending September 30, 2023. This report has been prepared in accordance with generally accepted actuarial principles and practices for the exclusive use and benefit of the Board of Trustees to assist in administering the Retirement System. …
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