Illinois Statutes
§ 2-146 — Actuary
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 2 - General Assembly Retirement System
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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Legislative History
(Source: P.A. 99-232, eff. 8-3-15.)
Nearby Sections
15
§ 2-101
Creation of system§ 2-102
Terms defined§ 2-103
System§ 2-104
Board§ 2-105
Member§ 2-105.1
(Repealed)§ 2-105.2
(Repealed)§ 2-105.4
Tier 1 retiree§ 2-106
Eligible member§ 2-107
Participant§ 2-108
§ 2-108§ 2-108.1
§ 2-108.1§ 2-109
Military service