Texas § GV.802.1014 - ACTUARIAL EXPERIENCE STUDY
Full text of Texas The Texas Constitution § GV.802.1014 — ACTUARIAL EXPERIENCE STUDY, with citation guidance and answers to common questions.
§ GV.802.1014. ACTUARIAL EXPERIENCE STUDY
ACTUARIAL EXPERIENCE STUDY. (a) In this section, "actuarial experience study" means a study in which actuarial assumptions are reviewed in light of relevant experience factors, important trends, and economic projections with the purpose of determining whether actuarial assumptions require adjustment. (b) Except as provided by Subsection (c), a public retirement system that conducts an actuarial experience study shall submit to the board a copy of the actuarial experience study before the 31st day after the date of the study's adoption. (b-1) Except as provided by Subsection (c), a public retirement system that has assets of at least $100 million shall conduct once every five years an actuarial experience study and shall submit to the board a copy of the actuarial experience study before the 31st day after the date of the study's adoption. (c) This section does not apply to the Employees Retirement System of Texas, the Teacher Retirement System of Texas, the Texas County and District Retirement System, the Texas Municipal Retirement System, or the Judicial Retirement System of Texas Plan Two. Added by Acts 2013, 83rd Leg., R.S., Ch. 1152 (S.B. 200 ), Sec. 10, eff. September 1, 2013. Amended by: Acts 2015, 84th Leg., R.S., Ch. 940 (H.B. 3310 ), Sec. 4, eff. June 18, 2015.
Frequently Asked Questions About Texas § GV.802.1014
What does The Texas Constitution § GV.802.1014 cover?
Section GV.802.1014 ("ACTUARIAL EXPERIENCE STUDY") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § GV.802.1014?
A common citation format is "The Texas Constitution § GV.802.1014" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.802.1014 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.