South Carolina § 9-1-250 Investigation and valuation by actuary every five years.

South Carolina Statutes

§ 9-1-250 — Investigation and valuation by actuary every five years.

South Carolina § 9-1-250

Title 9RETIREMENT SYSTEMS

Ch. 1SOUTH CAROLINA RETIREMENT SYSTEM

This text of South Carolina § 9-1-250 (Investigation and valuation by actuary every five years.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 9-1-250 (2026).

Text

At least once in each five-year period, the first of which began in 1947, the actuary shall make an actuarial investigation into the mortality, service and compensation experience of the members and beneficiaries of the System and shall make a valuation of the contingent assets and liabilities of the System and the Board, after taking into account the results of such investigations and valuations, shall adopt for the System such mortality, service and other tables as shall be deemed necessary.

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At least once in each five-year period, the first of which began in 1947, the actuary shall make an actuarial investigation into the mortality, service and compensation experience of the members and beneficiaries of the System and shall make a valuation of the contingent assets and liabilities of the System and the Board, after taking into account the results of such investigations and valuations, shall adopt for the System such mortality, service and other tables as shall be deemed necessary.