LegalFix
Sign In

§ 1–621.09d. Preparation of studies; enrolled actuary.

DC Code § 1–621.09d (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The Chief Financial Officer shall:

(1) Direct the enrolled actuary engaged pursuant to §  1-621.09a to:

(A) From time to time, prepare an experiential study for the Fund;

(B) Each fiscal year, prepare an asset allocation study for the Fund, and:

(C) Prepare such other analyses as are best practice for other post- employment benefits funds or the District of Columbia Retirement Board; and

(2) Rebid the contract for the enrolled actuary no less frequently than every 5 years.

(Mar. 3, 1979, D.C. Law 2-139, § 2109d; as added Dec. 17, 2014, D.C. Law 20-151, § 2(c), 61 DCR 8893; Oct. 30, 2018, D.C. Law 22-168, § 1033(c), 65 DCR 9388.)

For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 2018 (D.C. Act 22-458, Oct. 3, 2018, 65 DCR 11212).

For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Emergency Act of 2018 (D.C. Act 22-434, July 30, 2018, 65 DCR 8200).

Previous Section
§ 1–621.09c. Information about the other post-employment benefits system.
Next Section
§ 1–621.09e. Annual audit.