2012 Missouri Revised Statutes
TITLE VII CITIES, TOWNS AND VILLAGES
Chapter 86 Police Relief and Pension Systems
Section 86.243 Regular actuarial surveys--adoption of mortality tables--certification of contribution rates.
Regular actuarial surveys--adoption of mortality tables--certification of contribution rates.
86.243. At least once in each five-year period the actuary shall make an actuarial investigation into the mortality, service and compensation experience of the members and beneficiaries of the retirement system and shall make a valuation of the assets and liabilities of the system and taking into account the results of such investigation and valuation the board of trustees shall:
(1) Adopt for the retirement system such mortality, service and other tables as shall be deemed necessary;
(2) Certify the rates of contribution payable by the said cities.
(L. 1957 p. 256 14, A.L. 2000 H.B. 1808)Effective 7-1-00
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