Public Employee Health Care Fund Investment Act (Excerpt) Act 149 Of 1999


Published: 2015

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PUBLIC EMPLOYEE HEALTH CARE FUND INVESTMENT ACT (EXCERPT)
Act 149 of 1999

38.1216 Actuarial review; report.

Sec. 6.

The investment fiduciary shall have an actuarial review of the fund or trust prepared at least every 5 years with assets valued on a market related basis. The investment fiduciary shall prepare and issue a summary annual report to the legislative body of the public corporation that established the fund or trust.


History: 1999, Act 149, Imd. Eff. Nov. 1, 1999

© 2015 Legislative Council, State of Michigan