Montana Code Annotated 2021

TITLE 19. PUBLIC RETIREMENT SYSTEMS

CHAPTER 3. PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Part 1. General Provisions

Board Report Required

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.

History: En. Sec. 7, Ch. 390, L. 2013; amd. Sec. 44, Ch. 261, L. 2021.