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What is the process for becoming the Chief Actuary for the City of New York?

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Sherry Chan (Chief Actuary for the City of New York)

Sherry Chan explains her job as the Chief Actuary for the City of New York which provides services and certification for the city’s five actuarially-funded retirement systems and pension funds including those for city employees, teachers, the Board of Education, the police and firefighters. She talks about the process of how the Chief Actuary is appointed by the organization’s Board of Trustees which includes both elected officials and union representatives.

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Sherry Chan

Chief Actuary for the City of New York

Chosen unanimously by New York City elected officials and union presidents in the Spring of 2015, Sherry Chan, FSA, EA, MAAA, FCA, is the 5th Chief Actuary in the 100+ year history of New York City and one of the highest ranked Asian-American officials in the City’s Administration. In her role, Ms. Chan provides technical expertise to the City’s five retirement systems and pension funds. Ms. Chan was selected as a 2019 Crain’s NY 40 Under 40, a 2018 Geoffrey Heywood Young Consulting Actuary Award recipient from the International Association of Consulting Actuaries, and a 2017 City & State 40 under 40 Rising Star of New York City.

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