43:13-22.29b - Newark City Employees Retirement System--Actuarial investigation and report
43:13-22.29b.Ā Newark City Employees Retirement System--Actuarial investigation and report
Each year the actuary of the Newark City Employees Retirement System shall make an actuarial investigation into the mortality service, and compensation orĀ salary experience of the members and beneficiaries and shall make a valuationĀ of the assets and liabilities of the funds created by this act. The actuary'sĀ valuation shall be accompanied by projections of income and disbursements for aĀ 10-year period including an estimate of any possible deficiency in meeting theĀ obligations of the fund.Ā A copy of the actuarial report shall be filed withĀ the New Jersey Division of Pensions.
L.1975, c. 108, s. 7, eff. June 3, 1975.
Ā
Each year the actuary of the Newark City Employees Retirement System shall make an actuarial investigation into the mortality service, and compensation orĀ salary experience of the members and beneficiaries and shall make a valuationĀ of the assets and liabilities of the funds created by this act. The actuary'sĀ valuation shall be accompanied by projections of income and disbursements for aĀ 10-year period including an estimate of any possible deficiency in meeting theĀ obligations of the fund.Ā A copy of the actuarial report shall be filed withĀ the New Jersey Division of Pensions.
L.1975, c. 108, s. 7, eff. June 3, 1975.
Ā