Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.44 - TEACHERS' RETIREMENT BOARD
Subchapter 2.44.3 - Membership
Rule 2.44.306 - ACTUARIAL ASSUMPTIONS, RATES AND TABLES
Universal Citation: MT Admin Rules 2.44.306
Current through Register Vol. 6, March 22, 2024
(1) All actuarial assumptions, rates and tables shall be adopted at a meeting of the board and included in the minutes of that meeting.
(2) This rule refers to but is not limited to the following:
(a) optional retirement table;
(b) monthly annuity table;
(c) termination pay rate table;
(d) rates for mortality, disability,
retirement, and withdrawal;
(e)
assumptions for future salaries, investment earnings, administrative expense
and termination.
(3) The assumptions, rates and tables shall be effective as provided in the minutes.
Sec. 19-4-201 MCA; IMP, Sec. 19-4-206 MCA;
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