Code of Massachusetts Regulations
840 CMR - PUBLIC EMPLOYEE RETIREMENT ADMINISTRATION COMMISSION
Title 840 CMR 15.00 - Miscellaneous
Section 15.04 - Benefit Calculation Factors
Universal Citation: 840 MA Code of Regs 840.15
Current through Register 1531, September 27, 2024
PERAC, through its Actuary, is required to review the mortality table and interest rate used in the determination of the actuarial equivalence factors for Options A, B, and C on or before January 1, 2014 and every ten years thereafter. After the review, if changes are warranted, the Actuary will select a revised mortality table and/or a revised interest rate to be used in the determination of actuarial equivalence factors and develop such revised factors.
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