2005 Idaho Code - 50-1525 — MANDATORY ACTUARIAL STUDY

                                  TITLE  50
                            MUNICIPAL CORPORATIONS
                                  CHAPTER 15
                         POLICEMAN'S RETIREMENT FUND
    50-1525.  MANDATORY ACTUARIAL STUDY. Any city establishing and maintaining
a policeman's retirement fund pursuant to the provisions of this chapter
shall, at its own expense, conduct an actuarial study for the purpose of
determining the actuarial soundness of such fund. Commencing January 1, 1991,
actuarial studies required hereunder shall be conducted within four (4) years
of the last actuarial study and each four (4) years thereafter. Copies of such
studies shall be submitted to the secretary of state for the state of Idaho
and to the secretary of the local police retirement fund board.