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Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Discussion through June 30, 2013 without Appendices (2015)

EXECUTIVE SUMMARY Gabriel, Roeder, Smith & Company (GRS) was retained by the Comptroller to serve as Independent Actuary under Section 96 of the New York City Charter and provide other services related to the review of the funding of the... Read More

Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 9 POLICE Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 8 BERS Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 7 TRS Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 6 NYCERS HP TP Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 5 NYCERS TBTA Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 4 NYCERS Corrections Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Report Submitted by Gabriel Roeder Smith & Co. (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 10 FIRE Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Administrative Review of Actuarial Data (2015)

EXECUTIVE SUMMARY Background Gabriel, Roeder, Smith & Company (GRS) was retained by the Comptroller to serve as Independent Actuary under Section 96 of the New York City Charter and provide other services related to the review of the funding of... Read More

Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 1 NYCERS General Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Actuarial Audit of Employer Contributions for Fiscal Year 2014 (2012 lag valuation)

EXECUTIVE SUMMARY Background Gabriel, Roeder, Smith & Company (GRS) was retained by the Comptroller to serve as Independent Actuary under Section 96 of the New York City Charter and provide other services related to the review of the funding of... Read More

Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 2 NYCERS Transit Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Experience Study Appendix 3 NYCERS Sanitation Experience (2015)

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Oct 23, 2015

Final Actuarial Audit Reports Submitted by Gabriel Roeder Smith & Co. – Independent Actuary’s Statement (2015)

Transmittal Letter New York City Retirement Systems Independent Actuary’s Statement October 2015 The Honorable Scott M. Stringer Comptroller of the City of New York One Centre Street New York, New York 10007 Re: Independent Actuary’s Certification Regarding the Funding of... Read More

Oct 23, 2015

Measuring New York City’s Budgetary Cushion: How Much is Needed to Weather the Next Fiscal Storm?

In determining the strength of New York City’s fiscal position, it is critical to assess the resiliency of its budget and fiscal outlook. In addition to how readily the budget can be adapted to raise revenues or cut expenditures when... Read More

Aug 4, 2015