Notice of possible change in benefits - actuarial necessity.

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The association shall provide written notice to each member, DPS member, and inactive member of the association that the possibility of an actuarial necessity could occur in the future, and the general assembly may modify by bill the benefits allowed to members of the defined benefit plan.

Source: L. 2010: Entire section added, (SB 10-001), ch. 2, p. 5, § 4, effective January 1, 2011.


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