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2018 Michigan Compiled Laws
Chapter 38 - Civil Service and Retirement
Act 149 of 1999 PUBLIC EMPLOYEE HEALTH CARE FUND INVESTMENT ACT (38.1211 - 38.1216)
Section 38.1216 Actuarial review; report.
Universal Citation: MI Comp L § 38.1216 (2018)
38.1216 Actuarial review; report.
Sec. 6.
The investment fiduciary shall have an actuarial review of the fund or trust prepared at least every 5 years with assets valued on a market related basis. The investment fiduciary shall prepare and issue a summary annual report to the legislative body of the public corporation that established the fund or trust.
History: 1999, Act 149, Imd. Eff. Nov. 1, 1999
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