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95.895 Local government pension investment fund.

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95.895 Local government pension investment fund. The governing bodies of local government pension systems which can qualify as <br>participants may create a local government pension investment fund, comprised of assets <br>and earnings thereon which participants invest in the fund. Membership in the fund shall <br>be a voluntary act by a participant. A participant may invest its assets in the fund in <br>accordance with procedures adopted by the board. Effective: July 15, 1980 <br>History: Created 1980 Ky. Acts ch. 307, sec. 2, effective July 15, 1980.