Illinois § 2-146 Actuary

Illinois Statutes

§ 2-146 — Actuary

Illinois § 2-146

JurisdictionIllinois

TopicGOVERNMENT

Ch. 40PENSIONS

Act 40 ILCS 5/Illinois Pension Code.

Art.Article 2 - General Assembly Retirement System

This text of Illinois § 2-146 (Actuary) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

40 Ill. Comp. Stat. 2-146 (2026).

Text

The actuary shall be the technical advisor of the board and, in addition to supplying general information on technical matters, shall:

(1)Make an investigation at least once every 3 years of the mortality, retirement, disability, separation, interest and salary rates and recommend, as a result of each such investigation, the actuarial tables to be adopted; and (2) Make an annual valuation of the liabilities and reserves of the system, an annual determination of the amount of the required State contributions, and certify the results thereof to the board.

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The actuary shall be the technical advisor of the board and, in addition to supplying general information on technical matters, shall: (1) Make an investigation at least once every 3 years of the mortality, retirement, disability, separation, interest and salary rates and recommend, as a result of each such investigation, the actuarial tables to be adopted; and (2) Make an annual valuation of the liabilities and reserves of the system, an annual determination of the amount of the required State contributions, and certify the results thereof to the board.