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95.769 Management of fund -- Assessments against salaries of policemen and firefighters.

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95.769 Management of fund -- Assessments against salaries of policemen and firefighters. Said board of trustees of the policemen's and firefighters' pension fund shall have the <br>exclusive control and management of the said fund and all moneys donated, paid or <br>assessed for the relief or for pensioning retired, crippled or disabled members of the <br>police or fire departments or the widows and dependent children under the age of <br>fourteen (14) years or dependent fathers or mothers of any members of the departments <br>killed in the service, while in line of duty, and shall assess each member of the police and <br>fire departments not exceeding three and one-half percent (3.5%) of the salary of such <br>member, to be deducted and withheld from the monthly pay of each member so assessed, <br>the same to be placed by the treasurer of such city to the credit of such fund, subject to the <br>order of such board. Effective: June 17, 1978 <br>History: Amended 1978 Ky. Acts ch. 164, sec. 38, effective June 17, 1978. -- Created 1942 Ky. Acts ch. 9, sec. 10.