Account Statements

The Board shall prepare, or cause to be prepared, on a quarterly basis, an account statement for each member’s account, to include the amount of the member’s contributions, employer contributions, rollover contributions and amounts maintained in the transfer incentive reserve, plus interest, dividends and/or other accumulations credited or debited on behalf of the member. The statement shall include, but not be limited to, a statement of the current market value of the members’ account. The Board shall prescribe the form and content of the account statement consistent with the provisions of this Section.