West Virginia § 8-22-13 - 8-22-13. Reports by board of trustees.
Full text of West Virginia West Virginia Code § 8-22-13 — 8-22-13. Reports by board of trustees., with citation guidance and answers to common questions.
§ 8-22-13. 8-22-13. Reports by board of trustees.
The board of trustees for each retirement fund shall have regularly scheduled actuarial valuation reports prepared by a qualified actuary.
An actuarial valuation report shall be prepared at least once every five years commencing with the later of (1) July 1, 1987, or (2) five years following the most recently prepared actuarial valuation report.
For purposes of this section the term "qualified actuary" means only an actuary who is a member of the society of actuaries or the American academy of actuaries. The qualified actuary shall be designated a fiduciary and shall discharge his duties with respect to a fund solely in the interest of the members and members' beneficiaries of that fund. In order for the standard of this section to be met, the qualified actuary shall certify that the actuarial valuation report is complete and accurate and that in his opinion the technique and assumptions used are reasonable and meet the requirements of this section of this article.
The board of trustees shall submit to the governing body an annual report showing the condition of the fund under its control. It shall certify in such report the amount of accumulated cash and securities in the fund and shall present a full account of the operation of the system.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 8-22-13
What does West Virginia Code § 8-22-13 cover?
Section 8-22-13 ("8-22-13. Reports by board of trustees.") is part of the West Virginia Code, the codified statutory law of West Virginia. 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 West Virginia § 8-22-13?
A common citation format is "West Virginia Code § 8-22-13" (West Virginia). 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 West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 8-22-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia 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 West Virginia.