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2011 Missouri Revised Statutes
TITLE VII CITIES, TOWNS AND VILLAGES
Chapter 87 Firemen's Retirement and Relief Systems
Section 87.325. Contributions by city to general reserve fund.
Universal Citation:
MO Rev Stat § 87.325.
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Contributions by city to general reserve fund.
87.325. Contributions to and payments from the general reserve fund shall be as follows: On account of each member there shall be paid annually into the fund by the city an amount equal to a certain percentage of the earnable compensation of the member to be known as "the normal contribution" and an additional amount equal to a percentage of his earnable compensation to be known as "the accrued liability contribution". The rates percent of the contributions shall be fixed on the basis of the liabilities of the retirement system as shown by actuarial valuations.
(L. 1943 p. 708 8, A.L. 1959 S.B. 314 86.587)
Annotation Copyright Missouri Joint Committee on Legislative Research
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