WVC 18 - 7 A- 12
§18-7A-12. Reports by retirement board.
At such times as the retirement board may deem it necessary,
but at least once within the first three years of the operation
of this article and each quinquennial period thereafter, the
retirement board shall employ a competent actuary to prepare a
report containing an evaluation of the present and prospective
assets and liabilities of the funds created by this article.
The retirement board shall publish an annual report showing
the condition of the various funds created by this article. It
shall certify in such report the amount of accumulated cash and
securities in the funds and shall present a full account of the
operation of the system.