{"data":{"id":"us-tx/tex.-government-code-815.206","jurisdiction":"us-tx","citation":"Tex. Government Code § 815.206","heading":"ACTUARY.","body":"(a) The board of trustees shall designate an actuary.\n(b) The actuary must be thoroughly qualified to be the technical adviser of the board of trustees on matters concerning operation of the funds of the retirement system.\n(c) At least once every four years, the actuary, under the direction of the board of trustees, shall:\n(1) make an actuarial investigation of the mortality, service, and compensation experience of the members and beneficiaries of the retirement system; and\n(2) make a valuation of the assets and liabilities of the retirement system's funds.\n(d) On the basis of tables adopted by the board of trustees under Section 815.105, the actuary shall make a valuation of the assets and liabilities of the retirement system's funds annually.\n(e) The actuary shall perform such other duties as are required by the board of trustees.\nActs 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.206 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 530 (S.B. 301), Sec. 6, eff. September 1, 2017.","path":["GOVERNMENT CODE","TITLE 8. PUBLIC RETIREMENT SYSTEMS","SUBTITLE B. EMPLOYEES RETIREMENT SYSTEM OF TEXAS","CHAPTER 815. ADMINISTRATION","SUBCHAPTER C. OFFICERS AND EMPLOYEES OF BOARD OF TRUSTEES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.815.htm#815.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"d6da7c150c107ca96180d74034960414167d6b833f90ff290422e4dcc3a46a3c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-815.205","next":"us-tx/tex.-government-code-815.207"},"notice":"GroundRules: Original legal text. Not legal advice."}