Actuarial Valuation as of October 1, 2019
This is a report on the actuarial valuation for the Singing River Health System Employees’ Retirement Plan and Trust (The Plan), which was performed as of October 1, 2019. The purpose of the valuation is to:
- Compare the current value of Trust assets with accrued liabilities to assess the funded condition of the Plan,
- Compare the projected value of Trust assets with accrued liabilities to assess the long-term funded condition of the Plan,
- Provide a summary of projected cash flows for use in assessing the long-term health and sustainability of the Plan.