Audits and actuarial valuations: ORSC hears mixed results and improved funded ratios for several systems
The council received internal audit updates and actuarial and health-care valuation highlights: several systems reported improved funded ratios driven by positive investment returns and other experience; one open audit recommendation on derivatives confirmations remains with a Dec. 2025 target.
The full story
ORSC members reviewed audits and actuarial and health-care valuations from multiple retirement systems at the March 13 meeting.
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