Municipal Employees Retirement System
Proposed Project for the MSU Industrial Math Students
Review of Average Daily Balance Calculation for Investment Allocation
At the end of every quarter we need to allocate out investment gains and losses to over 2,000 individual entities based on their average daily balance for that quarter. Our Oracle software has performed this function and spot checks have confirmed that it is working correctly. We would like the database of numbers and dates reviewed for all the 2,000 divisions to confirm that it is doing this correctly for all the divisions