294.24 PAYMENT OF INTEREST.
   All interest and other earnings on moneys and investments of the retirement system shall be credited to the Pension Reserve Fund. The Retirement Commission shall, at the end of each fiscal year, allow regular interest on the member's individual balances in the Annuity Savings Fund at the beginning of the fiscal year and on the main assets credited to the Retirement Reserve Fund. The amounts of interest so credited to the Annuity Savings Fund and the Retirement Reserve Fund shall be charged to the Pension Reserve Fund.
(Res. 88-388. Passed 5-23-88.)