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Code · Kentucky · Chapter 95 — City police and fire departments

95.895 Local government pension investment fund.

62 words·~1 min read·/ky/chapter-95/95-895

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The governing bodies of local government pension systems which can qualify as participants may create a local government pension investment fund, comprised of assets and earnings thereon which participants invest in the fund. Membership in the fund shall be a voluntary act by a participant. A participant may invest its assets in the fund in accordance with procedures adopted by the board.
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