Wyoming § 9-3-410 Retirement board; actuarial investigation and
valuation of system; annual valuation of assets and liabilities
to be prepared and published; public record of proceedings

Wyoming Statutes

§ 9-3-410 — Retirement board; actuarial investigation and valuation of system; annual valuation of assets and liabilities to be prepared and published; public record of proceedings

Wyoming·Title 09 Administration of the Government·Ch. 3 COMPENSATION AND BENEFITS·Art. 4 RETIREMENT

(a)The retirement board shall keep in convenient form data necessary for actuarial valuations and investigations of the retirement system. At least once in each six (6) year period, the board shall cause an actuarial valuation to be made of the retirement system. An actuarial investigation of all the experience under the retirement system shall be made at times the board directs but not less often than once in each eight (8) year period.

(b)The board shall cause an annual valuation to be made of the assets and liabilities of the retirement system and shall prepare an annual statement of the accrued liability contribution rate which, after approval by the legislature, shall be payable by the employers. The board shall also publish annually the valuation of the assets and liabilities and a

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The retirement board shall keep in convenient form
data necessary for actuarial valuations and investigations of
the retirement system. At least once in each six (6) year
period, the board shall cause an actuarial valuation to be made
of the retirement system. An actuarial investigation of all the
experience under the retirement system shall be made at times
the board directs but not less often than once in each eight (8)
year period.
(b) The board shall cause an annual valuation to be made
of the assets and liabilities of the retirement system and shall
prepare an annual statement of the accrued liability
contribution rate which, after approval by the legislature,
shall be payable by the employers. The board shall also publish
annually the valuation of the assets and liabilities and a
statement of receipts and disbursements of the retirement
system.
(c) The board shall keep a record of all of its
proceedings which shall be open to public inspection.

Wyoming § 9-3-410 (Retirement board; actuarial investigation and valuation of system; annual valuation of assets and liabilities to be prepared and published; public record of proceedings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.