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Section: 086.0553 Payments prorated if money insufficient for full payment. RSMO 86.553


Published: 2015

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Missouri Revised Statutes













Chapter 86

Police Relief and Pension Systems

←86.550

Section 86.553.1

86.557→

August 28, 2015

Payments prorated if money insufficient for full payment.

86.553. 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.



(RSMo 1939 § 9487)



Prior revision: 1929 § 8925







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