The department may employ an actuary. Such actuary shall, together with such other duties as the secretary may assign, be responsible for:
- (1) Advising the secretary on actuarial matters of the state retirement systems.
- (2) Making periodic valuations of the retirement systems.
- (3) Providing actuarial analyses to the Legislature concerning proposed changes in the retirement systems.
- (4) Assisting the secretary in developing a sound and modern retirement system.
History.--s. 11, ch. 74-302; s. 35, ch. 84-254; s. 778, ch. 95-147; s. 45, ch. 99-255.