ARM 2.44.306. ACTUARIAL ASSUMPTIONS, RATES AND TABLES

(1) All actuarial assumptions, rates and tables shall be adopted at a meeting of the board and included in the minutes of that meeting. (2) This rule refers to but is not limited to the following: (a) optional retirement table; (b) monthly annuity table; (c) termination pay rate table; (d) rates for mortality, disability, retirement, and withdrawal; (e) assumptions for future salaries, investment earnings, administrative expense and termination. (3) The assumptions, rates and tables shall be effective as provided in the minutes.