Ala. Code § 16-33C-23

Current with legislation from 2024 effective through May 17, 2024.
Section 16-33C-23 - Actuary deficits

The PACT Board is expressly authorized to negotiate, accept, and implement a legally binding resolution with PACT purchasers and beneficiaries to address any actuarial deficit in the PACT Trust Fund, which includes all powers granted elsewhere in this chapter and all other powers necessary or convenient under this section.

Ala. Code § 16-33C-23 (1975)

Added by Act 2012-198,§ 2, eff. 4/12/2012.