Tex. Gov't Code § 815.206 · Subchapter C. OFFICERS AND EMPLOYEES OF BOARD OF TRUSTEES
ACTUARY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board of trustees shall designate an actuary.
(b) The actuary must be thoroughly qualified to be the technical adviser of the board of trustees on matters concerning operation of the funds of the retirement system.
(c) At least once every four years, the actuary, under the direction of the board of trustees, shall:
(1) make an actuarial investigation of the mortality, service, and compensation experience of the members and beneficiaries of the retirement system; and
(2) make a valuation of the assets and liabilities of the retirement system's funds.
(d) On the basis of tables adopted by the board of trustees under Section 815.105, the actuary shall make a valuation of the assets and liabilities of the retirement system's funds annually.
(e) The actuary shall perform such other duties as are required by the board of trustees.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.206 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 530 (S.B. 301), Sec. 6, eff. September 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.815.htm
- Text hash
- sha256 642ef17cbad69108ecfe3e23d9d1ad4a35cbe0dab25581c9eae20d4db5af4c14
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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