Section 96. Actuarial audit  


Latest version.
  • The comptroller, with the approval of the audit
      committee,  biennially shall select an independent actuary to review and
      comment upon the  financial  soundness  and  probity  of  the  actuarial
      assumptions  employed by the city to calculate contributions to the city
      pension funds. The report of the actuary shall be published in the  City
      Record. No actuary may be selected more than twice consecutively.