Section 87.262 – Representative may be appointed to hold title to investments.
Effective – 28 Aug 1979 87.262. Representative may be appointed to hold title to investments. — Nothing in the provisions of sections 87.120 to 87.370 shall be construed as prohibiting the retirement system from appointing, designating, and using a nominee or representative for purposes of acquiring, holding title to, and disposing of those investments which […]
Section 87.265 – Interest to be allowed — credit to members’ accounts.
Effective – 28 Aug 1959 87.265. Interest to be allowed — credit to members’ accounts. — The board of trustees annually shall allow interest at the rate determined by the board on the mean amount for the preceding year in each of the funds with the exception of the expense fund. The amount so allowed […]
Section 87.270 – City treasurer to keep funds, how disbursed.
Effective – 28 Aug 1959 87.270. City treasurer to keep funds, how disbursed. — The treasurer of the city shall be the custodian of the several funds. All payments from the funds shall be made by him only upon vouchers signed by two persons designated by the board of trustees. A duly attested copy of […]
Section 87.275 – Amount kept on deposit.
Effective – 28 Aug 1959 87.275. Amount kept on deposit. — For the purpose of meeting disbursements for benefits and other payments there may be kept available cash not exceeding ten percent of the total amount in the several funds of the retirement system on deposit in one or more banks or trust companies in […]
Section 87.280 – Trustees, employees not to have interest in contracts or money.
Effective – 28 Aug 1959 87.280. Trustees, employees not to have interest in contracts or money. — Except as herein provided, no trustee and no employee of the board shall have any direct interest in the gains or profits of any investment made by the board of trustees, nor as such receive any pay or […]
Section 87.285 – Assets in four funds — names of.
Effective – 28 Aug 1959 87.285. Assets in four funds — names of. — All the assets of the retirement system shall be credited according to the purpose for which they are held to one of four funds; namely, the members’ savings fund, the benefit reserve fund, the general reserve fund, and the expense fund. […]
Section 87.288 – Retired firefighter not receiving cost-of-living benefit, special consultant — compensation, amount.
Effective – 28 Aug 2001 87.288. Retired firefighter not receiving cost-of-living benefit, special consultant — compensation, amount. — 1. Any person who served as a firefighter who is retired and not receiving a cost-of-living benefit and any surviving spouse or dependent child receiving retirement benefits, but not receiving a cost-of-living benefit shall be made, constituted, […]
Section 87.290 – Members’ savings fund.
Effective – 28 Aug 1959 87.290. Members’ savings fund. — The members’ savings fund shall be the fund in which shall be accumulated contributions of the members. ——– (L. 1943 p. 708 § 8, A.L. 1959 S.B. 314 § 86.567)
Section 87.250 – Benefits under this law payable to whom.
Effective – 28 Aug 1959 87.250. Benefits under this law payable to whom. — All members who are firemen on or after the effective date of this section and their beneficiaries shall receive benefits as provided by sections 87.120 to 87.370, and all members and retired members who are not firemen as of the effective […]
Section 87.215 – Reduction and suspension of pension, when.
Effective – 28 Aug 2001 87.215. Reduction and suspension of pension, when. — 1. If the medical board reports and certifies to the board of trustees that the disability beneficiary is engaged or is able to engage in a gainful occupation other than firefighter paying more than the difference between his or her retirement allowance […]