Disposable surplus.
Section 22
SEC. 22. Disposable surplus.—Any disposable surplus that may result from the operation of the System due to earnings from investments and mortality savings shall be apportioned annually among the members of the System in accordance with the schedule prepared by the Actuary and approved by the Board. The disposable surplus shall be that amount left after the mean reserves of the policies in force, the expenses incidental to the operation of the System, and other liabilities of the System have been determined and satisfied and any contingency reserve set aside by the Board.