§ 32.24 RESERVE FOR RETIRED BENEFIT PAYMENTS.
   The reserve for retired benefit payments shall be the account from which shall be paid all pensions and residual refunds, as well as amounts paid under § 32.15(C), as provided in this retirement system.
(Ord. passed 11-20-1980; Am. Ord. 91-9, passed 9-19-1991; Am. Ord. 09-01, passed 2-5-2009)