§8-22-12. Individual accounts; actuarial data; tables.
The board of trustees shall maintain an individual account
with each member, showing the amount of the member's contributions
and the interest accumulations thereon. It shall collect and keep
in convenient form such data as may be necessary for the
preparation of the required mortality and service tables, and for
the compilation of such other information as may be needed for the
actuarial valuation of the fund. The board of trustees shall adopt
appropriate tables for the purpose of evaluating and computing
retirement, disability and death allowances.