§5-10-11. Reports required of board.
The board of trustees shall submit to the governor for
transmittal to the Legislature, on or before the first day of
December in each year, a report showing the fiscal affairs and
transactions of the retirement system for the preceding fiscal
year. The said report shall contain, but shall not be limited to,
a financial balance sheet, a statement of income and disbursements,
an actuarial balance sheet prepared by means of the last actuarial
valuation of the system, a detailed statement of investments
acquired and disposed of during the said fiscal year, and such
other data as shall be deemed necessary for a proper understanding
of the condition of the system. The board shall annually furnish
the members and the participating public employers with a summary
of the results of the operations of the system.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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