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(a) The administrative cost of the plan during the year;
(b) The actuarially determined cost of future benefits accruing to members during the year; and
(c) An amount sufficient to amortize any unfunded liability of the retirement system over a period not to exceed 40 years on the basis of reasonable and generally accepted actuarial assumptions.
(1957 Rev. Ords., § 2.535; 1992 Code, § 35-47) (Ord. 2491, passed 8-7-1967; Ord. 119-84, passed 8-27-1984; Ord. 108-85, passed 12-2-1985; Ord. 118-16, passed 12-20-2016)