The Actuarial Valuation and Review reports summarize the actuarial data used in our valuation, establish the funding requirements for each fiscal year, and analyze each preceding year’s experience.

Actuarial Valuation as of 12/31/2022

Actuarial Valuation as of 12/31/2021

Actuarial Valuation as of 12/31/2020

Actuarial Valuation as of 12/31/2019

The following Actuarial Experience Study report is a review of the actuarial experience of Orange County Employees Retirement System. This study utilizes the census data for the period January 1, 2020 to December 31, 2022, as well as prior periods for some assumptions, and provides the proposed actuarial assumptions, both economic and demographic, to be used in future actuarial valuations.

Actuarial Experience Study 01/01/2020-12/31/2022

Evolution of OCERS’ Unfunded Actuarial Accrued Liability

In order to help the public better understand the long-term nature of public pension plans and how their design allows for the smoothing of the highs and the lows of pension costs over an OCERS member’s career, the Board of Retirement requested staff prepare an overview of The Evolution of OCERS Unfunded Actuarial Accrued Liability as it developed from the year 2000 through the end of the last report year. Read the most recent document.