86.150. Pension accumulation fund.
Pension accumulation fund.
86.150. The pension accumulation fund shall be the fund inwhich shall be accumulated all reserves for the payment of allpensions and other benefits payable from contributions made bythe said cities and from which shall be paid all pensions andother benefits on account of members with prior service creditand the lump sum death benefits for all members payable from thesaid contributions.
(RSMo 1939 § 9471)Prior revision: 1929 § 8913