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§ 3-9-203. Report on Status of Retirement Plan

Upon the request of the council on pensions and insurance, the chief executive officer or the plan administrator shall file a report on the actuarial and financial status of the retirement plan in effect for employees of the local government unit. The report shall be on such forms as may be prescribed by the secretary […]

§ 3-9-204. Contents of Report

The report as specified in § 3-9-203 shall include the following: The most recent actuarial valuation of the system conducted by a professionally qualified actuary; Year-end financial statements, including the auditor’s statement, when available; and Publications by the plan’s administrator to the members and/or other interested parties.

§ 3-9-202. “Local Government Retirement Plan” Defined

For the purposes of this part, “local government retirement plan” means any retirement plan of any county, municipality, school district, utility district, development district, or any other subdivision of the state which operates a public retirement plan for its employees for which the governmental unit has liability.