Pursuant to Chapter 96 of the New York Charter, Milliman, Inc., was hired by the New York City Comptroller’s Office to conduct two consecutive biennial independent actuarial audits of the City’s retirement systems. Milliman, Inc., has completed the second biennial audit and has issued the following final reports.
• Experience Study Report on Data through June 30, 2021
• Administrative Review Report of the Actuarial Data Gathering Process
• Independent Actuary’s Statement
All the above reports, including appendices to the Experience Study, are available on the Comptroller’s website: https://comptroller.nyc.gov/reports/.