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Home My WebLink About19 Actuary Experience Study Policy TAB 19 ACTUARY EXPERIENCE STUDY POLICY March 15 , 2005 CITY OF LANSING 1 RETIREMENT OFFICE ACTUARY EXPERIENCE STUDY POLICY - FEBRUARY 2005 Standard actuary policy recommends that a periodic experience study be conducted to update the demographic and financial experience of a plan, For a plan such as the City of Lansing's, it is recommended that an investigation be conducted every five years into the mortality, service and experience of members, retirees and beneficiaries. It is the policy of the City's retirement plans that an experience study be conducted every five years, This actuarial investigation and information will be used to establish such mortality, servic d other tables of experience as are necessary in the operation of the system on an actuarial basis and the adoption of rates of regular interest.