§5-16D-4. Actuary

Published: 2015

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WVC 5 - 16 D- 4

§5-16D-4. Actuary.

(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

post-employment benefits.

Note: WV Code updated with legislation passed through the 2015 Regular Session

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.