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§36-8-13  Periodic actuarial investigations and valuations – Adoption of tables and rates. –


Published: 2015

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TITLE 36

Public Officers and Employees

CHAPTER 36-8

Retirement System – Administration

SECTION 36-8-13



   § 36-8-13  Periodic actuarial

investigations and valuations – Adoption of tables and rates. –

Every year beginning with the year 1976, the actuary shall make an actuarial

investigation into the mortality, service, and compensation experience of the

members and beneficiaries of the retirement system, and shall make a valuation

of the assets and liabilities of the system, and, taking into account the

result of the investigation and valuation, the retirement board shall:



   (1) Adopt for the retirement system such mortality, service,

and other tables as shall be deemed necessary; and



   (2) Certify the rates of contribution payable by the state of

Rhode Island to carry out the provisions of chapters 8 – 10 of this title

in accordance with the provisions of § 36-10-2.



History of Section.

(P.L. 1936, ch. 2334, § 3; G.L. 1938, ch. 18, § 3; P.L. 1947, ch.

1971, § 2; G.L. 1956, § 36-8-13; P.L. 1976, ch. 289, §

1.)