Missouri Laws 70.700 – Assets of system to be in five funds
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Terms Used In Missouri Laws 70.700
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
All the assets of the system shall be held in five funds, namely, the members deposit fund, the employer accumulation fund, the benefit reserve fund, the casualty reserve fund, and the income-expense fund.