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At Conrad Siegel Actuaries,
our extensive municipal-related actuarial work means we are very familiar with the
provisions of Act 96 of 1971 known as the County Pension Law. We know the retirement
benefit provisions that counties must provide under Act 96 as well as the reporting
requirements under Act 293 of 1972.
We provide a comprehensive array of services including:
- Preparation of the actuarial valuation report to determine the Annual Required Contribution
(ARC)
- Preparation of the biennial valuation report.
- Calculation of optional benefit amount and preparation of benefit applications for
retiring participants.
- Calculation of benefits for retirees' beneficiaries upon death.
- Calculation of member contributions necessary for the member to purchase prior military
service.
- Cost determination for granting cost-of-living increases for retirees.
- Preparation of individual benefit statements.
We are also very responsive to questions related to the day-to-day operation of
the plan.
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