Section 86.243 Regular actuarial surveys — adoption of mortality tables — certification of contribution rates.

   Effective 01 Jul 2000, see footnote 

Title VII CITIES, TOWNS AND VILLAGES

  Chapter 86back to chapter 86

  86.243.  Regular actuarial surveys — adoption of mortality tables — certification of contribution rates. — 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.

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(L. 1957 p. 256 § 14, A.L. 2000 H.B. 1808)

Effective 7-01-00