OPERS REPORTS ANNUAL ACTUARIAL VALUATIONS

General Assembly Passes State Budget Without OPERS COLA Freeze
June 29, 2021

OPERS REPORTS ANNUAL ACTUARIAL VALUATIONS

At a recent OPERS meeting an update on the annual actuarial valuations was reported as of Dec 31, 2021.  The defined benefits fund had a return rate of 15.34% and the health care fund returned 14.34%.

Attached is the fund levels reported and noted is the unfunded actuarial accrued liability (UAAL) was $18.8 billion, funding ratio was 84% and the amortization went up to 16 years.

123121 fundiing levels

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