HOUSE CONCURRENT RESOLUTION NO. 90

(By Delegates Campbell, Browning and Keener)

[Introduced March 8, 2002; referred to the

Committee on Rules.]


Requesting the Joint Committee on Government and Finance to conduct a study to investigate the economics of creating a State agency or office of State actuary.

Whereas, Many State agencies could benefit from the services of a State actuary, notably Workers' Compensation, Department of Administration, Governor's Office, Treasurer's Office, Auditor's Office and the Consolidated Public Retirement Board; and
Whereas, The creation of a permanent, centralized office of a statewide actuary may be in the best interests of the State; and
Whereas, The issue is deserving of investigation; therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is hereby requested to study and investigate the economics and the efficacy of establishing the office of State actuary; and, be it
Further Resolved, That the committee shall report to the Legislature its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations no later than the first day of January, two thousand three; and, be it
Further Resolved, That the expenses necessary to conduct the study and to prepare appropriate reports, recommendations and proposed legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.
This resolution is recommended for adoption in the 2002 Regular Session by the Joint Committee on Pensions and Retirement.