169.110. Appropriations made by general assembly to be repaid in two-year period. - Missouri Statutes

Appropriations made by general assembly to be repaid intwo-year period.

169.110. To meet the requirements of the retirement systemfor the period between the time when sections 169.010 to 169.130shall take effect and the time when sufficient contributions tothe system are transmitted by employers, the board of trusteesshall have authority to accept on behalf of the system suchgrants or appropriations as may be made to them or it by thegeneral assembly of Missouri and to repay and return the same tothe state treasury when funds of the system sufficient thereforare available; provided, that any funds appropriated by thegeneral assembly shall be repaid within two years after theeffective date of sections 169.010 to 169.130; and providedfurther, that the state of Missouri shall contribute no fundsdirectly or indirectly to finance the plan to pay retirementallowances by appropriation bills or otherwise, except forpayments or contributions of persons employed by the state boardof education as provided in subsection 6 of section 169.010, andexcept those funds which the district may receive from time totime under a law or laws providing for a general apportionment ofschool moneys throughout all the state.

(L. 1945 p. 1353 § 11)