171. Once every three years, the Comité de retraite referred to in section 173.1 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) shall require the Commission to cause an actuarial valuation of the plan to be prepared by the actuaries designated by the Commission. If no such request is made, the Commission shall cause the actuarial valuation to be prepared if more than three years have elapsed since the last valuation.
The Comité de retraite shall appoint an independent actuary charged with reporting to the committee, within 30 days of his or her appointment, on the validity of the assumptions used for the actuarial valuation.
The Comité de retraite shall send the report to the Minister within 90 days of its receipt and the Minister shall make the report public within 30 days after receiving it.