Mo. Rev. Stat. § 86.553

Current with changes from the 2023 Legislative Session
Section 86.553 - Payments prorated if money insufficient for full payment

If at any time there shall not be sufficient money in such pension fund to pay each person the full amount per month as herein provided, then an equal percentage of such monthly payment shall be made to each beneficiary until the said fund in the judgment of the board of trustees shall be sufficient in amount to resume the payment in full of such pension awards and the payment of sums previously deducted.

Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'

§ 86.553, RSMo

RSMo 1939 § 9487

Prior revision: 1929 § 8925