Actuarial Experience Study

Purpose


The purpose of the Actuarial Experience Study is to review the actuarial experience of the Merced County Employee's Retirement Association (the Plan). The Plan's demographic experience - observed rates of retirement, withdrawal, termination, disability, and death - was compared with the experience expected under the actuarial assumptions adopted to determine Plan actuarial liabilities and cost, and revised assumptions are recommended as appropriate.View actuarial experience studies.