§88-109 Funds of the system. The assets of the system are assigned to the following funds hereby created:
(1) The annuity savings fund;
(2) The pension accumulation fund; and
(3) The expense fund. [L 1925, c 55, pt of §8; RL 1935, pt of §7927; RL 1945, pt of §712; RL 1955, §6-72; am L 1961, c 175, §8; am L 1963, c 127, §14; HRS §88-99; am L 1969, c 110, pt of §1; am L 1974, c 220, §4; am L 1988, c 41, §5; am L 1998, c 151, §16]