8-37-306 - Inclusion of cost-of-living benefits in computation.

8-37-306. Inclusion of cost-of-living benefits in computation.

The normal contribution rate and the accrued liability contribution rate as computed by the actuary are to include all liability resulting from cost-of-living benefits as provided by § 8-36-701.

[Acts 1972, ch. 814, § 8; 1978, ch. 741, § 7; T.C.A., § 8-3930(2); Acts 1984, ch. 601, § 13.]