Section 13-577. Adjustment of variable annuity funds for mortality and investment experience, and certain other adjustments

a.  The  actuary  shall  determine  as  of  July  first  of  each year the number of units
  represented by the actuarial equivalent of  the  benefits  payable  from
  each  of  the  variable  annuity  reserve  fund and the variable pension
  reserve fund, on the basis set forth in section 13-578 of this  chapter.
  If  the  value  of  such  number  of  units  exceeds  the  assets of the
  respective fund, there shall  be  transferred  to  such  fund  from  the
  contingency reserve fund an amount equal to such excess. If the value of
  such  number  of units is exceeded by the assets of the respective fund,
  there shall be transferred from such fund  to  the  contingency  reserve
  fund an amount equal to such excess.
    b.  As of July first of each year, the value of the number of units in
  the individual accounts in the variable annuity  savings  fund  and  the
  variable  pension  accumulation fund shall be compared with the value of
  the assets held in each of such funds. If the value of  such  number  of
  units  exceeds  the  assets  of  the  respective  fund,  there  shall be
  transferred to such fund from the contingency  reserve  fund  an  amount
  equal  to  such excess. If the value of such number of units is exceeded
  by the assets of the respective fund, there shall  be  transferred  from
  such  fund  to  the  contingency  reserve  fund  an amount equal to such
  excess.