--- title: O.C.G.A. § 20-2-877. Technical advice from actuary; valuations. collection: code id: 20-2-877 cite_as: O.C.G.A. § 20-2-877 (2025) canonical_url: https://georgiacommons.org/code/20-2-877 md_url: https://georgiacommons.org/code/20-2-877.md text_url: https://georgiacommons.org/code/20-2-877/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch1-2a-(v17)-2022-pdf.pdf?sfvrsn=9db936c6_0#page=750 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/20-2.md previous: https://georgiacommons.org/code/20-2-876.md next: https://georgiacommons.org/code/20-2-878.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: EDUCATION / ELEMENTARY AND SECONDARY EDUCATION / TEACHERS AND OTHER SCHOOL PERSONNEL / HEALTH INSURANCE PLANS / School Personnel Post-employment Health Benefit Fund --- # O.C.G.A. § 20-2-877. Technical advice from actuary; valuations. (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. ## History Code 1981, § 20-2-877, enacted by Ga. L. 2009, p. 49, § 1/SB 122.