Section 19A: Actuarial valuation
This section is inserted by Act No 13 of 2019, section 41.
consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
19A. Actuarial valuation
The actuary of SICOM shall cause an actuarial valuation
of the Fund to be carried out at intervals of not more than
5 years and shall, in the light of the actuarial report, determine
such readjustments or modifications, as may be necessary, to
be made in the working of the Fund for the benefit and in the
interest of the beneficiaries.
(g) by inserting, after section 21, the following new section –
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Questions this section answers
- How often must SICOM's actuary value the pension fund?