107.02 ASSETS.

   The assets of the Fund shall consist of cash payments or other property along with any income resulting from the investment and reinvestment of such fund assets and the Fund shall be funded with contributions sufficient or necessary to cover projected claims, liabilities and related expenses covered by the Plan, which projections shall be determined annually by an independent actuary retained by the City. The contributions aforementioned to such Fund shall be made by the City through its Auditor from the invested funds at intervals (monthly, quarterly, annually or otherwise), all in accordance with the funding requirements as developed and recommended by the actuary.

(1979 Code 38.16)