The Chief Financial Officer shall:
(1) Direct the enrolled actuary engaged pursuant to § 1-621.09a to:
(A) From time to time, prepare an experiential study for the Fund;
(B) Each fiscal year, prepare an asset allocation study for the Fund, and:
(C) Prepare such other analyses as are best practice for other post- employment benefits funds or the District of Columbia Retirement Board; and
(2) Rebid the contract for the enrolled actuary no less frequently than every 5 years.
(Mar. 3, 1979, D.C. Law 2-139, § 2109d; as added Dec. 17, 2014, D.C. Law 20-151, § 2(c), 61 DCR 8893; Oct. 30, 2018, D.C. Law 22-168, § 1033(c), 65 DCR 9388.)
For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 2018 (D.C. Act 22-458, Oct. 3, 2018, 65 DCR 11212).
For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Emergency Act of 2018 (D.C. Act 22-434, July 30, 2018, 65 DCR 8200).
Structure District of Columbia Code
Title 1 - Government Organization
Chapter 6 - Merit Personnel System
Subchapter XXI - Health Benefits
§ 1–621.01. Federal health benefits
§ 1–621.02. District health benefits
§ 1–621.04. Contracting authority
§ 1–621.05. Health benefit plans
§ 1–621.07. Election of coverage
§ 1–621.08. Employee deductions and withholdings
§ 1–621.09. District contribution
§ 1–621.09a. Calculation of District of Columbia payment to Other Post-Employment Benefits Fund
§ 1–621.09b. Actuarial statement and opinion
§ 1–621.09c. Information about the other post-employment benefits system
§ 1–621.09d. Preparation of studies; enrolled actuary
§ 1–621.09f. Annual report; prohibition on reprogramming
§ 1–621.10. Information to employees
§ 1–621.11. Coverage of restored employees
§ 1–621.12. Evaluations; reports; audits
§ 1–621.13. Rules; eligibility
§ 1–621.14. Continued health benefits coverage
§ 1–621.15. Reimbursement of excess premium costs. [Expired]
§ 1–621.16. Information about post-employment benefit plans. [Repealed]