Missouri § 86.160 - Accrued liability contribution rate.
Full text of Missouri Revised Statutes of Missouri § 86.160 — Accrued liability contribution rate., with citation guidance and answers to common questions.
§ 86.160. Accrued liability contribution rate.
Immediately succeeding the first valuation 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 pension and death 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".
--------
(RSMo 1939 § 9471)
Prior revision: 1929 § 8913
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 86.160
Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'
Frequently Asked Questions About Missouri § 86.160
What does Revised Statutes of Missouri § 86.160 cover?
Section 86.160 ("Accrued liability contribution rate.") 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 § 86.160?
A common citation format is "Revised Statutes of Missouri § 86.160" (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 § 86.160 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.