Florida Statutes 121.192 – State retirement actuary
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 121.192
- Department: means the Department of Management Services. See Florida Statutes 121.021
- system: means the general retirement system established by this chapter, including, but not limited to, the defined benefit program administered under this part, referred to as the "Florida Retirement System Pension Plan" or "pension plan" and the defined contribution program administered under part II of this chapter, referred to as the "Florida Retirement System Investment Plan" or "investment plan. See Florida Statutes 121.021
The department may employ an actuary. Such actuary shall, together with such other duties as the secretary may assign, be responsible for:
(1) Advising the secretary on actuarial matters of the state retirement systems.
(2) Making periodic valuations of the retirement systems.
(3) Providing actuarial analyses to the Legislature concerning proposed changes in the retirement systems.
(4) Assisting the secretary in developing a sound and modern retirement system.