GERS Actuarial Valuation (Actuarial valuation and review as of October 1, 2011)
Government of the Virgin Islands Retirement System Actuarial Valuation and Review as of October 1, 2011 Copyright © 2013 by The Segal Group, Inc., parent of The Segal Company. All rights reserved. The Segal Company 333 West 34th Street, 3rd FloorNew York, NY 10001-2402 T 212.251.5000 F 212.251.5490 www.segalco.com January 14, 2013 Board of Trustees Government of the Virgin Islands Retirement System GERS Complex St. Thomas, Virgin Islands, 00802 Dear Board Members: We are pleased to submit this Actuarial Valuation and Review as of October 1, 2011. It summarizes the actuarial data used in the valuation, establishes the funding requirements for fiscal year ending September 30, 2012 and later years and analyzes the preceding five years of experience. This report was prepared in accordance with generally accepted actuarial principles and practices at the request of the Board to assist in administering the Retirement System. …
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