§ 62-210. Expense fund.

The expense fund shall be the fund to which shall be credited money provided by the city to pay the administration expenses of the retirement system and from which shall be paid the administration expenses of the system. The board shall annually certify to the city commission the amount of appropriation necessary to administer the system during the ensuing fiscal year and the city shall appropriate such amount to the credit of the expense fund. Each board in the retirement system shall at the end of each fiscal year reimburse the city for its pro rata share of administration expenses.

(Code 1979, § 2-314.1.35)