95.629 City's obligation -- Pension fund support by city, how computed. - Kentucky Statutes

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95.629 City's obligation -- Pension fund support by city, how computed. (1) In case of insufficient funds the city will be held responsible for the payment of the monthly payments of the pension fund after the entire proceeds of said pension fund
have been transferred to the general fund of the city of the third class. (2) Revenues of the city authorized by the city legislative body to support the pension fund shall be computed by determining the amount needed to meet the monthly
requirements of KRS 95.621 to 95.629. Effective: July 13, 1984
History : Amended 1984 Ky. Acts ch. 192, sec. 3, effective July 13, 1984. -- Created 1966 Ky. Acts ch. 8, sec. 10.