{"data":{"id":"us-ky/krs-95.867","jurisdiction":"us-ky","citation":"KRS 95.867","heading":"Members' contributions -- Director of finance to deduct.","body":"Each active member shall contribute a sum equal to eight percent (8%) of current salary.\nThe director of finance of the city is hereby authorized to deduct such amount from the\nsalary of each active member in semimonthly installments. This contribution sha ll be\nmade as deduction from salary, notwithstanding that the salary paid in cash to such\nmember may be reduced thereby below the established statutory rate. Every member of\nthe fund shall be deemed to consent and agree to the deduction from salary as here in\nprovided, and shall receipt for his full salary, and payment to such member of salary less\nsuch deduction shall constitute a full and complete discharge and acquittance of all claims\nand demands whatsoever for the services rendered by such member during  the period\ncovered by such payment, except as to the benefits herein provided.","path":["KRS Chapter 95"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26092","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:56Z","sha256":"3b0f044741143403c41724f8a244f853caaf4159bf2620df7438c83c1299e8c7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-95.866","next":"us-ky/krs-95.868"},"notice":"GroundRules: Original legal text. Not legal advice."}