Comprehensive Annual Financial Report - Minnesota State ...

Actuarial Tables
Sample Annual Rates per 10,000 Employees, June 30, 2012
58
General Employees Retirement Fund
Mortality Disability Termination Salary
Age Male Female Male Female Male Female Increase
20 4 2 1 1 840 840
25 4 2 1 1 690 690
30 6 2 2 2 540 540
35 9 4 5 4 390 420
40 13 5 9 6 300 350
45 20 8 14 9 250 300
50 27 12 23 16 200 250
55 43 19 49 26 - -
60 67 28 82 46 - -
65 98 45 - - - -
70 336 70 - - - -
Public Employees Police and Fire Fund
Mortality Disability Termination Salary
Age Male Female Male Female Male Female Increase
20 3 2 11 11 601 601
25 4 2 13 13 324 324
30 4 2 16 16 190 190
35 5 4 19 19 146 146
40 8 6 29 29 126 126
45 11 8 54 54 91 91
50 17 13 104 104 50 50
55 24 20 203 203 11 11
60 35 31 - - - -
65 56 50 - - - -
70 85 76 - - - -
Public Employees Correctional Plan
Mortality Disability Termination Salary
Age Male Female Male Female Male Female Increase
20 3 2 4 4 1,470 1,420 9.00%
25 4 2 6 6 1,470 1,420 7.75%
30 4 3 10 8 910 1,140 6.75%
35 6 5 18 11 600 860 6.25%
40 9 6 23 18 440 690 5.75%
45 13 10 34 39 340 430 5.00%
50 20 16 55 70 240 310 5.00%
55 27 24 88 118 140 220 4.75%
60 43 38 141 241 - - 4.25%
65 67 59 167 267 - - 4.00%
70 98 88 - - - - 4.00%
Minneapolis Employees Retirement Fund
Mortality Disability Termination Salary
Age Male Female Male Female Male Female Increase
20 2 1 21 21 2,100 2,100 4%
25 3 2 21 21 1,100 1,100 4%
30 3 2 23 23 500 500 4%
35 5 4 30 30 150 150 4%
40 8 5 41 41 100 100 4%
45 11 8 61 61 100 100 4%
50 43 18 93 93 100 100 4%
55 38 30 160 160 100 100 4%
60 49 51 - - 100 100 4%
65 90 83 - - - - 4%
70 147 139 - - - - 4%
Public Employees
Retirement Association
of Minnesota
Salary increase
assumptions
for the General
Employees
Retirement
Fund are tied
to years of
public service
rather than age.
(See Page 57.)
Salary increase
assumptions
for the Public
Employees
Police & Fire
Fund are tied
to years of
public service
rather than age.
(See Page 57.)