Ohio Administrative Code
Title 123:1 - Division of Human Resources
Chapter 123:1-72 - Disability Leave Benefits
Section 123:1-72-04 - Actuarial evaluation of the fund

Universal Citation: OH Admin Code 123:1-72-04
Current through all regulations passed and filed through March 18, 2024

Every year, the director will have prepared, by an accredited actuary familiar with disability insurance, a report showing a complete actuarial evaluation of the fund, the adequacy of the rates of contribution and reserves, and such recommendations as the actuary considers advisable. The director may at any time request the actuary to conduct studies or evaluations to determine the adequacy of the rates of contribution. Such rates may be adjusted by the director, as recommended by the actuary, to be effective as of the first of any fiscal year thereafter.

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