Official Code of Georgia Annotated

Title 20. EDUCATION · Chapter 2. ELEMENTARY AND SECONDARY EDUCATION · Article 17. TEACHERS AND OTHER SCHOOL PERSONNEL · Part 6. HEALTH INSURANCE PLANS

20-2-877. Technical advice from actuary; valuations.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(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.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 20-2-877, enacted by Ga. L. 2009, p. 49, § 1/SB 122.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t20-ch1-2a-(v17)-2022-pdf.pdf, Volume V17, 2022 edition, page 750; merge action: carried; file SHA-256 8daa8948bdb5.