The Board of Trustees shall, at the end of each fiscal year, credit regular interest on the individual balances in the reserve for employee contributions at the beginning of the year; and on the mean balances in the reserve for employer contributions and the reserve for retired benefit payments. The amounts so credited shall be charged to the reserve for undistributed investment income.
(Ord. passed 11-20-1980; Am. Ord. 09-01, passed 2-5-2009)