ALBERT C. RITCHIE, GOVERNOR. 627

the preceding school year, the amount of the accumulated
cash and securities of the system, and the last balance sheet
showing the financial condition of the system by means of an
actuarial valuation of the assets and liabilities of the retire-
ment system.

LEGAL ADVISER

(11) The Attorney General of the State of Maryland shall
be the legal adviser of the Board of Trustees.

MEDICAL BOARD

(12) The Board of Trustees shall designate a Medical
Board to be composed of three physicians not eligible to par-
ticipate in the retirement system. If required, other physicians
may be employed to report on special cases. The Medical
Board shall arrange for and pass upon all medical examina-
tions required under the provisions of this subtitle, shall
investigate all essential statements and certificates by or on
behalf of a member in connection with an application for dis-
ability retirement, and shall report in writing to the Board of
Trustees its conclusions and recommendations upon all the
matters referred to it.

DUTIES OF ACTUARY

(13) The Board of Trustees shall designate an actuary
who shall be the technical advisor of the Board of Trustees
on matters regarding the operation of the funds created by
the provisions of this subtitle, and shall perform such other
duties as are required in connection therewith.

(14) Immediately after the establishment of the retire-
ment system the actuary shall make such investigation of the
mortality, service and compensation experience of the mem-
bers of the system as he shall recommend and the Board of
Trustees shall authorize, and on the basis of such investiga-
tion he shall recommend for adoption by the Board of Trust-
ees such tables and such rates as are required in Subsection
(15), Paragraphs (a), (b) and (c) of this section. The Board
of Trustees shall adopt tables and certify rates, and as soon
as practicable thereafter the actuary shall make a valuation
based on such tables and rates, of the assets and liabilities of
the funds created by this subtitle.

(15) In the year 1930, and at least once in each five-
year period thereafter, the actuary shall make an actuarial
investigation into the mortality, service and compensation
experience of the members and beneficiaries of the retire-