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The actuary employed or retained by the board shall provide technical advice to the board regarding the operation of the fund.
Utilizing the actuarial assumptions most recently adopted by the board, the actuary shall set the annual actuarial present values for the state plan for other post-employment benefits.
(Code 1981, §47-21-23, enacted by Ga. L. 2007, p. 68, § 3/SB 156.)