Annual Pension Actuary Reports

These reports provide accounting and financial reporting information that is intended to comply with the Governmental Accounting Standards Board ("GASB") Statement Nos. 67 and 68 for the Village of Oak Lawn and its associated retirement funds.  These calculations have been made on a basis that is consistent with our understanding of these Statements and in coordination with certified actuarial service providers.  GASB Statement No. 67 is the accounting standard that applies to the stand-alone financial reports issued by retirement systems.  GASB Statement No. 68 establishes accounting and financial reporting for state and local government employers who provide their employees (including former employees) pension benefits through a trust.

Please contact the Finance Department at (708) 499-7777 for additional information.