§ 51.1-137.1. Certain local data to be provided
In addition to the annual actuarial evaluation currently provided to participating localities by the Virginia Retirement System, VRS annually shall provide each participating locality the locality-specific data on which the annual actuarial evaluation is based, and such other information as may be necessary for each locality to determine the specific assumptions that are driving its VRS-related costs, and to understand the retirement costs of different classes of covered employees. The Virginia Retirement System is authorized to assess fees for data collection, reporting, actuarial analysis, and other requested services beyond those required for the annual actuarial valuation provided to each participating employer. Such fees may be collected from funds maintained and invested by the Virginia Retirement System on behalf of each requesting employer.
(2007, c. 466.)
Sections: Previous 51.1-131 51.1-132 51.1-133 51.1-134 51.1-135 51.1-136 51.1-137 51.1-137.1 51.1-138 51.1-139 51.1-140 51.1-141 51.1-142 51.1-142.2 51.1-142.3 NextLast modified: April 3, 2009