Office of State Actuary posts 2025 evaluation; Milliman audit finds no issues
OSA actuary Michael Harbour told the committee the 2025 actuarial evaluation and associated Milliman audit are posted and reported no audit findings; he explained differences between funding and accounting numbers and offered an educational briefing to explain smoothing and GASB impacts.
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Michael Harbour, the actuary for the Office of State Actuary, told the Executive Committee that the 2025 actuarial evaluation and the Milliman audit have been posted to the office website and that the audit identified no findings.
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