If possible, there shall be provided in the fund a reserve against the liability in future years to pay benefits. Whenever the department believes that a change in contribution or benefit rates is necessary to protect the solvency of the fund, it shall promptly inform the governor and the legislature, and make recommendations with respect to a change.
Section: Previous 23.20.005 23.20.010 23.20.012 23.20.020 23.20.021 23.20.022 23.20.025 23.20.030 23.20.035 23.20.040 23.20.045 23.20.050 23.20.055 23.20.060 23.20.065 NextLast modified: November 15, 2016