The board of trustees shall designate an actuary who shall, on the basis of regular interest and tables last adopted by the board, make an annual valuation of the contingent assets and liabilities of the system.
S.C. Code Ann. § 9-13-45
Annual actuarial valuation of assets and liabilities
1979 Act No. 79 SECTION 11.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.