City obligated to pay cost of benefits and one-half of expenses.

86.350. City obligated to pay cost of benefits and one-half of expenses. — The payment of the cost of providing all benefits granted under the provisions of sections 86.200 to 86.366 , as determined pursuant to section 86.337 , and the payment of fifty percent of all expenses described in subsection 2 of section 86.343 incurred in connection with the administration and operation of the retirement system are hereby made obligations of the cities. (L. 1957 p. 256 § 49, A.L. 1965 p. 201, A.L. 2000 H.B. 1808) Effective 7-01-00