Missouri § 86.343 - Annual expenses — city, board each provide one-half — board, duties.
Full text of Missouri Revised Statutes of Missouri § 86.343 — Annual expenses — city, board each provide one-half — board, duties., with citation guidance and answers to common questions.
§ 86.343. Annual expenses — city, board each provide one-half — board, duties.
1. The costs of special personal service, financial advisers, special consultants, and office supplies and equipment shall be borne by the board of trustees.
2. Annually the board of trustees shall estimate the amount of money necessary to provide for the expense of the administration and operation of the retirement system for the ensuing year, excluding those items the cost of which the board is to bear pursuant to subsection 1. Fifty percent of the estimate shall be provided by the city and the remaining fifty percent shall be provided by the board of trustees from interest and other earnings on assets.
3. Annually, the board of trustees shall estimate the amount of money necessary to be paid into a board of trustees account during the ensuing year to provide for the expenses of the retirement system for the cost of special personal service, financial advisers, special consultants, and office supplies and equipment.
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(L. 1957 p. 256 § 47, A.L. 1965 p. 201, A.L. 1983 H.B. 664, A.L. 2000 H.B. 1808)
Effective 7-01-00
---- end of effective 01 Jul 2000 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 86.343
What does Revised Statutes of Missouri § 86.343 cover?
Section 86.343 ("Annual expenses — city, board each provide one-half — board, duties.") 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 § 86.343?
A common citation format is "Revised Statutes of Missouri § 86.343" (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 § 86.343 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.