The Chief Financial Officer shall:

1. (1) Direct the enrolled actuary engaged pursuant to § 1-621.09a to:

   1. (A) From time to time, prepare an experiential study for the Fund;
   2. (B) Each fiscal year, prepare an asset allocation study for the Fund, and:
   3. (C) Prepare such other analyses as are best practice for other post- employment benefits funds or the District of Columbia Retirement Board; and
2. (2) Rebid the contract for the enrolled actuary no less frequently than every 5 years.

History

Mar. 3, 1979, D.C. Law 2-139, § 2109d

as added Dec. 17, 2014, D.C. Law 20-151, § 2(c), 61 DCR 8893

Oct. 30, 2018, D.C. Law 22-168, § 1033(c)

Emergency Legislation

For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Emergency Act of 2018 (D.C. Act 22-434, July 30, 2018, 65 DCR 8200).

For temporary (90 days) amendment of this section, see § 1033(c) of Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 2018 (D.C. Act 22-458, Oct. 3, 2018, 65 DCR 11212).