Missouri § 86.053 - Regular actuarial investigation.
Full text of Missouri Revised Statutes of Missouri § 86.053 — Regular actuarial investigation., with citation guidance and answers to common questions.
§ 86.053. Regular actuarial investigation.
In the year 1933 and at least once in each five-year period thereafter 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 funds 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 members under the provisions of sections 86.010 to 86.193; and
(3) Certify the rates of contribution payable by the said cities in accordance with section 86.153.
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(RSMo 1939 § 9468, A.L. 1947 V. I p. 418)
Prior revision: 1929 § 8910
---- end of effective 10 Sep 1947 ----
Frequently Asked Questions About Missouri § 86.053
What does Revised Statutes of Missouri § 86.053 cover?
Section 86.053 ("Regular actuarial investigation.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 86.053?
A common citation format is "Revised Statutes of Missouri § 86.053" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 86.053 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.