2006 Nebraska Revised Statutes - § 79-984 — Employees retirement system; actuary; employment; duties.

Section 79-984
Employees retirement system; actuary; employment; duties.
Section 79-984


The board of education or Class V Retirement System Board shall contract for the services of an actuary who shall be the technical advisor of the board and the trustees on matters regarding the operation of the retirement system. The actuary shall (1) make a general investigation of the operation of the retirement system at least once in every three years, which investigation shall cover mortality, retirement, disability, employment, turnover, interest, and earnable compensation, and (2) recommend tables to be used for all required actuarial calculations. The actuary shall perform such other duties as may be assigned by the board.


Source:
    Laws 1951, c. 274, § 7, p. 915

    R.S.1943, (1994), § 79-1038

    Laws 1996, LB 900, § 619

    Laws 1998, LB 497, § 11

    Laws 2001, LB 711, § 8

    Laws 2006, LB 1024, § 64.



~ Revised Statutes Cumulative Supplement, 2006

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