§ 1944a. Periodic actuarial reports
The Board shall cause to be made an actuarial reevaluation of the rate of member contributions deducted from earnable compensation pursuant to subdivision 1944(b)(2) of this title, on a periodic basis at least every three years, to determine whether the amount deducted is necessary to make the contributions picked up and paid by the State for such members cost neutral to the General Fund. The actuarial re-evaluation shall consider all relevant factors including federal tax law changes. The Board shall report the results of the actuarial reevaluation to the General Assembly together with any recommendations for adjustment in the members’ contribution rate under subdivision 1944(b)(2). (Added 1991, No. 247 (Adj. Sess.), § 6.)
Structure Vermont Statutes
Chapter 55 - State Teachers' Retirement System of Vermont
§ 1932. Date of establishment; power and privileges; name
§ 1935. Teachers in certain public or independent schools
§ 1936. Creditable service; military service
§ 1938a. Benefit denial; evidentiary hearing
§ 1939. Restoration to service
§ 1940. Termination of service; death; refund; pension
§ 1942. Board of Trustees; Medical Board; actuary; rate of contribution; safekeeping of securities
§ 1943. Investments; interest rate; disbursements
§ 1943a. Compliance with federal law
§ 1944. Vermont Teachers’ Retirement Fund
§ 1944a. Periodic actuarial reports
§ 1944b. Retired Teachers’ Health and Medical Benefits Fund
§ 1944c. Employer charges for federal grants or reimbursements
§ 1944d. Employer annual charge for teacher health care
§ 1944e. Retired teachers health and medical benefits
§ 1945. Application of other laws
§ 1946. Exemption of member’s interest; assignment
§ 1946b. Alternate payee; domestic relations orders
§ 1949. Postretirement adjustments to retirement allowances
§ 1949a. Postretirement adjustment allowance account
§ 1949b. Postretirement adjustment to retirement allowance; formula; evaluation