Official Code of Georgia Annotated

Title 45. PUBLIC OFFICERS AND EMPLOYEES · Chapter 18. EMPLOYEES’ INSURANCE AND BENEFITS PLANS · Article 1. STATE EMPLOYEES’ HEALTH INSURANCE PLAN AND POST- EMPLOYMENT HEALTH BENEFIT FUND · Part 2. STATE EMPLOYEES POST-EMPLOYMENT HEALTH BENEFIT FUND

45-18-26. Technical advice; annual actuarial 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, § 45-18-26, enacted by Ga. L. 2009, p. 49, § 2/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 t45-(v33)-2016-pdf.pdf, Volume V33, 2016 edition, pages 532 to 533; merge action: carried; file SHA-256 7dfce9a0fd88.