WEST VIRGINIA CODE
WVC 5 - 16 D- 4
(a) The actuary employed or retained by the Public Employees
Insurance Agency shall provide technical advice to the Public
Employees Insurance Agency and to the board regarding the operation
of the fund.
(b) Using the actuarial assumptions most recently adopted by
the board, the actuary shall, on a biannual basis, or as frequently
as the board determines necessary, set actuarial valuations of
normal cost, actuarial liability, actuarial value of assets, and
related actuarial present values for the state plan for other
Note: WV Code updated with legislation passed through the 2015 Regular Session
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