Mo. Rev. Stat. § 86.333
This is the official text of Mo. Rev. Stat. § 86.333, part of Missouri’s Rev. Stat — part of the compiled statutory law of Missouri, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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86.333 Accrued liability contribution rate defined — calculated, when.
Official statutory text
86.333. Accrued liability contribution rate defined — calculated, when. — At the first valuation after the effective date of these amendments the actuary engaged by the board of trustees shall compute the rate percent of the total earnable compensation of all members which is equivalent to four percent of the amount of the total unfunded benefit liability on account of all members and beneficiaries which is not dischargeable by the aforesaid normal contribution made on account of such members during the remainder of their active service. The rate percent originally so determined shall be known as "the accrued liability contribution rate".
(L. 1957 p. 256 § 44)
(L. 1957 p. 256 § 44)
Status: in_force · Read it on the official government site
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