8-34-319 - Proration of costs among employers.

8-34-319. Proration of costs among employers.

The board of trustees, with the approval of the commissioner of finance and administration, may, at its discretion, direct that the cost of administering the retirement system be prorated among all employers and deducted from each employer's account in the state accumulation fund.

[Acts 1981, ch. 387, § 15; 1994, ch. 958, § 2.]