Enrolled Bill Summary

House Bill 2664	House Author:  Truitt
Effective:  9-1-07	Senate Sponsor:  Duncan

            House Bill 2664 amends the Government Code to require a qualified independent actuary to audit the actuarial valuations, studies, and reports of certain public retirement systems every five years. The first audit must be conducted by September 1, 2008, and must include an audit of each actuarial valuation, study, and report prepared for such a system in the preceding five years.