Tennessee § 17-516 - Actuarial valuations and experience investigations.
Full text of Tennessee Tennessee Code Annotated § 17-516 — Actuarial valuations and experience investigations., with citation guidance and answers to common questions.
§ 17-516. Actuarial valuations and experience investigations.
On the basis of such actuarial assumptions as the board may adopt, the actuary appointed by the board shall make at least biennially a valuation of the assets and liabilities of this retirement system. Based on the results of such valuations, the board shall make recommendations to the general assembly for such changes in this chapter as the board deems desirable for the purpose of assuring that the retirement system will continue to be properly designed and actuarially sound. In 1967 and each five (5) years thereafter the board shall direct the actuary to investigate actual experience underlying the actuarial assumptions and recommend to the board for adoption new sets of assumptions in line with the results of his investigation. Acts 1963, ch. 206, § 16.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 17-516
What does Tennessee Code Annotated § 17-516 cover?
Section 17-516 ("Actuarial valuations and experience investigations.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 17-516?
A common citation format is "Tennessee Code Annotated § 17-516" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 17-516 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.