JSM 2004 - Toronto

Abstract #301189

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Activity Number: 434
Type: Contributed
Date/Time: Thursday, August 12, 2004 : 10:30 AM to 12:20 PM
Sponsor: Section on Government Statistics
Abstract - #301189
Title: Imputation for the 2002 Employee Retirement Census
Author(s): Loretta A. McKenzie*+ and David Kellerman and Terri L. Craig
Companies: U.S. Census Bureau and U.S. Census Bureau and U.S. Census Bureau
Address: FOB#4 Rm 3104, Washington, DC, ,
Keywords: imputation ; retirement
Abstract:

The state and local government Public Employee Retirement Systems is an annual survey conducted by the Census Bureau. In 2002, a census of retirement systems was done as a part of the Census of Governments, which is conducted at five-year intervals. The survey coverage includes public employee retirement systems administered by state and local governments throughout the nation. The survey provides revenues, expenditures, financial assets, and membership information for public employee retirement systems. These retirement systems are a source of current and future income for thousands of retirees and maintain large volumes of investment holding. This paper discusses the imputation procedures for handling unit nonrespondents in the Public Employee Retirement Systems phase of the 2002 Census of Governments. The Retirement Survey Imputation Planning Group was formed to produce an imputed file for the 2002 Census of Governments to address problems due to a change in accounting systems, and to improve the imputation process. The Governments Accounting Standard Board practice of reporting market value rather than book value is being phased in over a number of years.

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Revised March 2004