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Section 87.065 Payments prorated when funds are insufficient.

MO Rev Stat § 87.065 (2019) (N/A)
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Effective 28 Aug 1939

87.065. Payments prorated when funds are insufficient. — If at any time there shall not be sufficient money in such pension fund to pay each person entitled to the benefit thereof the full amount per month as herein provided, then an equal percentage of such monthly payments shall be made to each beneficiary until the said fund shall be replenished to warrant the payment in full of each of said beneficiaries.

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(RSMo 1939 § 9508)

Prior revisions: 1929 § 8941; 1919 § 9042; 1909 § 9867

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Section 87.065 Payments prorated when funds are insufficient.