Each pension fund shall provide funding for the benefits provided under the plan to participants and the cost of administering the plan and the pension fund. All contributions made under a plan shall be paid to the pension fund for that plan. Annually, each employer shall contribute to each pension fund the amount necessary to pay for the benefits provided by each plan in accordance with generally accepted actuarial practice.
(1985 Code, Art. 7, § 1-102) (Bill No. 90-01)