25G - ACTUARIAL SVCS - Laserfiche WebLink

Home Browse Search

l'~tntclir ,rends-King CctobUr 23, 2007 ^ Active and retired participant data in electronic format {.Excel workbook): • Active Data: name, employee number, sex, birth date, hire date, medical plan, single/2- party/family coverage, Ca1PERS medical plan code, CaIPERS pension plan (Miscellaneous, Safety), bargaining ar empiayee group, spouse`s birth date (if available), sick leave hours balance, and annual base (vr PERSable) compensation. Include any active employees who have waived coverage. • Retiree Data; name, employee number, sex, birth date, retirement date (if available), medical glan, singlel2-party/family coverage, CaIPERS medical plan code, spouse's birth date {if available), Ca1PERS pension. plan (Miscellaneous, Safety), bargaining or employee group, remaining sick leave balance, portion of premium paid by the City, and portion ofpremium paid by the retiree. Include retirees (including surviving spouses) who have retired under Ca1PERS and participate in PEMHCA even if they are not eligible for a City contribution. ~ The City may request a data extract of its CaIPERS PEMHCA database by calling the CaIPERS Employer Contact Center at 888-225-7377. This data extract may be helpful to the City in assembling the requested. employee census information. Note that the GaIPER.S data extract will not include some of the requested data, such as compensation and bargaining group. (We are available to assist if the City needs our frelp to merge and reconcile various data sources, but this will. result in additional fees,) In lieu of providing individual pay records, the City can provide the average pay for Miscellaneous acrd Safety employees from the last Ca1PERS contribution report, indicating if the reported amount is semi-monthly pay (reported 24 times per year) or bi-weekly pay (reported 26 times per year). • In order to maintain confidentiality, please do not provide Social Security Numbers for the employee number. ^ We may need additional data, depending an our review of the City's benefit promise, ~ /, ,/ ~,, We are prepared to begin this project immediately and can set meeting dates to discuss methods and assumptions and present valuation results as soon as we receive the above information. Normally the valuation results meeting is set approximately 4-6 weeks after the later of receipt of the above information or the methods and assumptions meeting. We look forward to working with you and the City. Sincerely, ~~ ~ John E. Bartel President c: lloug Pryor, Bartel Associates Jae D'Onofxio, Bartel Associates oaprosp~ts~.city aPcan4a analba letter 07-IO-t9 nim6 foes em::il.Joc 25G-12