ACT 093, SB133 SD2 HD2, 7/05/2017
Posted on Jul 7, 2017 in 2017 ActsRELATING TO PUBLIC EMPLOYEES’ FRINGE BENEFITS
Requires EUTF’s actuary to prepare a valuation report annually. Requires the annual valuation to include an update of assumptions specific to the EUTF, as deemed necessary by the actuary, at least once in a three-year period. Reduces the maximum period between experience studies of the ERS from five years to three years.