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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