Missouri § 104.510 - Actuary, selection — duties.
Full text of Missouri Revised Statutes of Missouri § 104.510 — Actuary, selection — duties., with citation guidance and answers to common questions.
§ 104.510. Actuary, selection — duties.
The board of trustees may select and employ an actuary who shall serve at its pleasure as its technical adviser on matters regarding the operation of the system, or may call upon the director of the department of commerce and insurance for actuarial service. The actuary shall:
(1) During the first year of operation of the system, or as soon as practicable, and at least once every five years thereafter, make a general investigation of the mortality, retirement, disability, death, employment turnover, interest, and earnable compensation experience of the system;
(2) Recommend mortality and other tables to be used for all required actuarial calculations;
(3) Make an annual valuation of the liabilities, assets, and reserves of the system, and a determination of the amounts of contributions required by the system to discharge the liabilities and administration costs under sections 104.010 and 104.320 to 104.800, and certify the results thereof to the board; and
(4) Perform such other duties as are assigned by the board.
--------
(L. 1957 p. 706 § 12, A.L. 1981 H.B. 835, et al., A.L. 1984 H.B. 1370, A.L. 1988 H.B. 1643 & 1399)
---- end of effective 28 Aug 1988 ----
Frequently Asked Questions About Missouri § 104.510
What does Revised Statutes of Missouri § 104.510 cover?
Section 104.510 ("Actuary, selection — duties.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 104.510?
A common citation format is "Revised Statutes of Missouri § 104.510" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 104.510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.