19-3-117. Board report required. As soon as possible after the completion of each annual actuarial valuation for the public employees’ retirement system, the board shall have its actuary present a detailed actuarial report in accordance with 5-11-210 to the legislative finance committee and to the state administration and veterans’ affairs interim committee. The actuarial report must provide a trend analysis of the system’s progress toward 100% funding. The reporting requirement may be addressed in reports provided in accordance with 19-2-405.

Terms Used In Montana Code 19-3-117

  • retirement system: means the public employees' retirement system established in 19-3-103. See Montana Code 19-3-108
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201