8-34-506 - Biennial evaluation of assets and liabilities of funds.
8-34-506. Biennial evaluation of assets and liabilities of funds.
On the basis of regular interest and such tables as the board of trustees shall adopt, the actuary shall make a valuation, at least once in each two (2) year period, of the assets and liabilities of the funds of the retirement system.
[Acts 1972, ch. 814, § 6; T.C.A., § 8-3928.]