# Mita Drazilov Actuary at Gabriel, Roeder & Smith (GRS), APERS's external actuarial consultant. Drazilov presented the preliminary actuarial valuation results at the 9/10/2025 APERS Q3 Board meeting and is named as a presenter on the 12/3/2025 Q4 Board agenda alongside Heidi Barry. GRS's role is to compute the employer contribution rate and provide the actuarial valuation supporting the APERS funded ratio and financial position. Per the 9/10/2025 minutes: "Mr. Willett introduced Mr. Mita Drazilov and Ms. Heidi Barry as they join online from Gabriel, Roeder & Smith (GRS) to present preliminary actuarial valuation results. The valuation determines APERS' financial position as of June 30, 2025, and sets the employer contribution rate for FY2028. GRS reported the system's funded ratio at 83%, with liabilities exceeding assets. The preliminary employer contribution rate was calculated at 14.99%, slightly below the board's long-standing minimum rate of 15.32%. The board emphasized the importance of contribution rate stability for employers. Secretary Hudson made a motion to set the employer contribution rate to 15.32% for the fiscal year beginning July 1, 2027; the motion was seconded by Mr. Walther and approved unanimously." The wiki documents Drazilov as the APERS actuarial-consulting counterpart parallel to the Aon-Hewitt actuarial consulting role at ATRS (per [[atrs-foia-r1-staff-emails]]). ## Evidence > "8. Finance – Finance: Mr. Mita Drazilov and Ms. Heidi Barry, GRS, and Mr. Jason Willett, Chief Financial Officer / a. June 30, 2025, Actuarial Valuation Results (Page 64)" > APERS Board Packet 12.03.25.pdf p.2, 12/3/2025 Agenda > "Mr. Willett introduced Mr. Mita Drazilov and Ms. Heidi Barry as they join online from Gabriel, Roeder & Smith (GRS) to present preliminary actuarial valuation results." > Minutes_Q3 Mtg_09.10.25.pdf p.4, 9/10/2025 ## Cross-References [[heidi-barry]] [[jason-willett]] [[jim-hudson]] [[larry-walther]] [[apers-foia-r2-2-27-26]] source page