95.627 Pension fund, sources -- Use. - Kentucky Statutes

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95.627 Pension fund, sources -- Use. (1) The policemen's and firefighters' pension fund in cities of the third class shall consist of:
(a) Revenues of the city authorized by the city legislative body, which shall be not less than the amount contributed by the members of the police and fire
departments. Policemen and firefighters shall contribute the same rate as
Social Security from their salary. (b) All rewards, fees, gifts and emoluments paid or given on account of extraordinary service of any member of the police or fire department. (2) Both the principal and interest of the pension fund shall be applicable to the payment of pensions in cities of the third class. Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 192, sec. 2, effective July 13, 1984. -- Amended 1978 Ky. Acts ch. 164, sec. 32, effective June 17, 1978. -- Created 1966 Ky. Acts
ch. 8, sec. 8.