Since 1970, the Connecticut State Employees Retirement System (SERS), almost annually, has undergone a review by actuaries who make valuations of the "contingent assets and liabilities" of the System. The actuarial valuation report, which is submitted to the State Employees Retirement Commission, provides a summary of the funded status of the System and recommends annual rates for contributions made to the System by the State of Connecticut.
Citation for Most Recent Actuarial Valuation Report
Garrett, J.J., & Koebel, E.J. (2023). Connecticut State Employees Retirement System: Report of the Actuary on the Valuation Prepared as of June 30, 2023. Kennesaw, GA: Cavanaugh Macdonald Consulting, LLC. Retrieved from https://osc.ct.gov/wp-content/uploads/2023/12/CT-SERS-6-30-2023-Valuation-Report-12-19-23-FINAL-1.pdf.