KRS 95.621: Adoption by city described in KRS 95.518 of alternative fund, effect --

Members excluded, how -- Coverage provided in County Employees

Retirement System after August 1, 1988.

(1) If a city described in KRS 95.518 adopted the alternative pension fund provisions

under KRS 95.621 to 95.629 prior to August 1, 1988, to govern the pension fund for

its policemen and firefighters, all the provisions in this section are mandatory. The

provisions of KRS 95.620 shall apply to any city which has adopted KRS 95.621 to

95.629.

(2) Any member of the police or fire department serving at the time of passage of the

ordinance and not desiring to participate in the fund and its benefits may be

excluded by notifying the board of trustees of the pension fund in writing of his

desire not to participate within ten (10) days after the effective date of this

ordinance.

(3) (a) After August 1, 1988, no new pension fund shall be created pursuant to this

section, and cities which were covered by this section on or prior to Aug ust 1,

1988, shall participate in the County Employees Retirement System effective

August 1, 1988;

(b) Cities which were covered by this section on or prior to August 1, 1988, shall

provide for the retirement of police or firefighters rehired after August 1,

1988, by placing such employees in the County Employees Retirement

System;

(c) Cities which were covered by this section on or prior to August 1, 1988, shall

place police or firefighters newly hired after August 1, 1988, in the County

Employees Retirement System;

(d) Cities which were covered by this section on or prior to August 1, 1988, shall

offer employees hired on or prior to August 1, 1988, membership in the

County Employees Retirement System under the alternate participation plan

as described in K RS 78.530(3), but such employees may elect to retain

coverage under this section; and

(e) The city shall certify that all police and firefighters placed in the County

Employees Retirement System, and not covered by Social Security for their

employment with the city, are employed in hazardous positions. If the police

and firefighters are covered by Social Security for their employment with the

city, the city may certify that they are employed in hazardous positions.