Mont. Admin. r. 2.44.306

Current through Register Vol. 1, January 10, 2025
Rule 2.44.306 - ACTUARIAL ASSUMPTIONS, RATES AND TABLES
(1) All actuarial assumptions, rates and tables shall be adopted at a meeting of the board and included in the minutes of that meeting.
(2) This rule refers to but is not limited to the following:
(a) optional retirement table;
(b) monthly annuity table;
(c) termination pay rate table;
(d) rates for mortality, disability, retirement, and withdrawal;
(e) assumptions for future salaries, investment earnings, administrative expense and termination.
(3) The assumptions, rates and tables shall be effective as provided in the minutes.

Mont. Admin. r. 2.44.306

NEW, 1989 MAR p. 1276, Eff. 9/1/89; AMD, 1991 MAR p. 2596, Eff. 12/27/91.

Sec. 19-4-201 MCA; IMP, Sec. 19-4-206 MCA;