S.C. Code Ann. § 9-1-250
This is the official text of S.C. Code Ann. § 9-1-250, part of South Carolina’s Code Ann — part of the compiled statutory law of South Carolina, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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SECTION 9-1-250. Investigation and valuation by actuary every five years.
Official statutory 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.
Status: in_force · Read it on the official government site
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