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PERS board tweaks funding policy language to reference most recent experience study
5861360 · August 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The PERS board voted to edit the funding-policy language so actuarial assumptions will be described as ‘the most recent experience study as approved by the board’ instead of naming specific study dates.
The PERS board amended its funding policy language to avoid hard-coded dates: the actuarial-assumptions paragraph will refer to "the most recent experience study as approved by the board" rather than listing specific study-end dates.
Why it matters: Board members and staff said the…
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