18A.385 Actuarial analysis of fund. - Kentucky Statutes

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18A.385 Actuarial analysis of fund. At least every two (2) years, the Personnel Cabinet shall have an actuary familiar with
workers' compensation insurance prepare an actuarial analysis of the state employee
workers' compensation fund established by KRS 18A.375 and make any recommendation
that he deems appropriate. The department may, at any time, request an actuary to
evaluate the adequacy of the rates of contribution. These rates may be adjusted if the
adjustment is recommended by the actuary. Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 154, sec. 54, effective July 15, 1998. -- Created 1990 Ky. Acts ch. 490, sec. 4, effective July 13, 1990.