O.C.G.A. § 20-2-877: Technical advice from actuary; valuations.
Where this section sits in the code
- TITLE 20 Education
- CHAPTER 2 Elementary and Secondary Education
- Article 17 Teachers and Other School Personnel
- PART 6 Health Insurance Plans
- Subpart 1 School Personnel Post-employment Health Benefit Fund
(a) The actuary employed or retained by the department shall provide technical advice to the department and to the board regarding the operation of the fund.
(b) Utilizing the actuarial assumptions most recently adopted by the board, the actuary shall set annual actuarial valuations of normal cost, actuarial liability, actuarial value of assets, and related actuarial present values for the state plan for other post-employment benefits.
Collected 2026-09-17T19:34:57Z. Source file · JSON