95.540 Rules, applications -- Records -- Reports.
103 words·~1 min read·
/ky/chapter-95/95-540A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The board of trustees of the pension fund established under KRS 95.520 may make
all necessary rules for its government in the discharge of its duties, and shall hear
and decide all applications for benefits or pensions. Its decision on these
applications shall be conclusive, and not subject to revision or reversal, except by
the board. A record shall be kept of the meetings and proceedings of the board.
(2)The board of trustees of the pension fund shall make an annual report on the
condition of the pension fund to the city legislative body, at that body's last meeting
in August.