95.540 Rules, applications -- Records -- Reports. (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 s hall 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. Effective: January 1, 2015 History: Amended 2014 Ky. Acts ch. 92, sec. 123, effective January 1, 2015. -- Amended 1966 Ky. Acts ch. 255, sec. 104. -- Recodified 1942 Ky. Acts ch. 20 8, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3142b -5, 3142b -6, 3142b -17, 3351a -5, 3351a -6, 3351a -17.
Kentucky Legal Code