Article III. LEGISLATIVE BRANCH · Article III. LEGISLATIVE BRANCH · Section X. RETIREMENT SYSTEMS
Art. III, Sec. X, Para. V. Funding standards.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
It shall be the duty of the General Assembly to enact legislation to define funding standards which will assure the actuarial soundness of any retirement or pension system supported wholly or partially from public funds and to control legislative procedures so that no bill or resolution creating or amending any such retirement or pension system shall be passed by the General Assembly without concurrent provisions for funding in accordance with the defined funding standards.
Cross references
Public retirement systems standards, § 47-20-1 et seq.
Other notes
- 1976 Constitution.
- Art. X, Sec. I, Para. II.
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 2ga-const-(v2)-2016-pdf.pdf, Volume V2, 2016 edition, pages 943 to 944; merge action: carried; file SHA-256 1b27199d8655.
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