Methodology

Act 205 of 1984, § 103, under MUNICIPAL PENSION PLAN FUNDING STANDARD AND RECOVERY ACT.

Act 205 of 1984, § 103

Section 103. Methodology.

Notwithstanding any provisions of the act of August 31, 1971 (P.L.398, No.96), known as the County Pension Law, to the contrary, in performing an actuarial study under this act or the act of December 6, 1972 (P.L.1383, No.293), entitled "An act requiring municipal pension systems to have an actuarial investigation of the fund made by an actuary who shall report his findings to the Department of Community Affairs," municipalities and counties may utilize any reasonable actuarial assumptions or methodologies provided for in this act.

(103 added Sept. 18, 2009, P.L.396, No.44)