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Title VII CITIES, TOWNS AND VILLAGES

 Chapter 86

previous next Effective - 28 Aug 1939bottom

  86.070.  Allowance on ordinary disability retirement. — Upon retirement for ordinary disability a member shall receive a service retirement allowance if he has attained age sixty, otherwise he shall receive an ordinary disability retirement allowance which shall consist of:

  (1)  An annuity which shall be the actuarial equivalent of his accumulated contributions at the time of retirement; and

  (2)  A pension which together with his annuity shall make a total retirement allowance equal to ninety percent of one-seventieth of his average final compensation multiplied by the number of years of creditable service, if such retirement allowance exceeds one-fourth of his average final compensation; otherwise a pension which together with his annuity shall provide a total retirement allowance equal to one-fourth of his average final compensation; provided, however, that no such allowance shall exceed ninety percent of one-seventieth of his average final compensation multiplied by the number of years which would be creditable to him were his service to continue until the attainment of age sixty.

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(RSMo 1939 § 9469)

Prior revision: 1929 § 8911


---- end of effective   28 Aug 1939 ----

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