Statutes, codes, and regulations
Missouri Revised Statutes
Title VI - COUNTY, TOWNSHIP AND POLITICAL SUBDIVISION GOVERNMENTChapter 70 - Powers of Political Subdivisions to Cooperate or Contract with Governmental Units
RETIREMENT OR PENSIONING OF OFFICERS AND EMPLOYEES OF POLITICAL SUBDIVISIONS
Section 70.722 - Allowances and benefits, all payments to be made from benefit reserve fund, when

Mo. Rev. Stat. § 70.722

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Current with changes from the 2023 Legislative Session
Section 70.722 - Allowances and benefits, all payments to be made from benefit reserve fund, when

The board shall arrange for transfers to the benefit reserve fund so that thereafter all allowances and related benefits shall be paid from the benefit reserve fund. Such transfers shall be completed upon a determination by the board's actuary of the amounts of such transfers and shall consist of the following:

(1) The reserve value of allowances payable from the employer's accumulation fund at time of transfer shall be transferred from the employer's accumulation fund; and
(2) The reserve value of allowances payable from the casualty reserve fund at time of transfer shall be transferred from the casualty reserve fund.

§ 70.722, RSMo

L. 1988 H.B. 1098