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PROPOSED CHANGES IN ACTUARIAL ASSUMPTIONS AND …

PROPOSED CHANGES IN ACTUARIAL ASSUMPTIONS AND METHODS FOR DETERMINING EMPLOYER CONTRIBUTIONS FOR FISCAL YEARS BEGINNING ON AND AFTER JULY 1, 2011 FOR THE NEW york city TEACHERS RETIREMENT SYSTEM office OF THE actuary February 10, 2012 office OF THE ACTUARY75 PARK PLACE . 9B FLOORNEW york , NY IOOOZ(2121 U2-5775 . F,AX: '212l, 442-5777 Ronenr C. Nonru, ACruARYR etirement BoardNew york city Teachers'Retirement System55 Water Street, 15" Fl-oorNew york , NY 10041Re: ACTUARIAL ASSUMPTIONS and MethodsDear Members:February 10, 2Ol2 PROPOSED CHANGES in Employer Contributionsand After July I, 20LL for the will be pleased to discuss this Report and answer anyquestions you may have with regard to these findings Report presentsAssumptions and Methods forfor Fiscal- Years Beginning onYork city Teachers' RetirementRCN/bsn!)

OFFICE OF THE ACTUARY February 10, 2012 . OFFICE OF THE ACTUARY 75 PARK PLACE . 9B FLOOR NEW YORK, NY IOOOZ (2121 U2-5775 . F,AX: '212l, 442-5777 Ronenr C. Nonru, Jn. CHIEF ACruARY Retirement Board New York City Teachers' ... Actuary

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