The Lexington Employees' Pension Fund Board and the Lexington Police and Fireman's Pension Fund Board shall continue after the effective date of this Charter as the Merged Government Employees' Pension Fund Board and the Merged Government Police and Fireman's Pension Fund Board. Said boards shall continue to administer the pension funds of all non-police and fire employees and all police and fire employees of the Merged Government respectively under the provisions and limitations of Article Nine of this Charter governing employee pensions.
On the effective date of this Charter, the membership of the Merged Government Employees' Pension Fund Board shall consist of the Mayor, four (4) members of the Merged Government Council selected by the Council, the Commissioner of the Department of Finance, the Director of the Division of Personnel and three (3) civil service employees to be elected to the board by those employees covered by the Employees' Pension Fund.
On the effective date of this Charter, the membership of the Merged Government Police and Fireman's Pension Fund Board shall consist of the Mayor, the Commissioner of the Department of Finance, the Director of the Division of Personnel, the Director of the Division of Police, the Director of the Division of Fire Protection, and two (2) elected representatives, one (1) from the Division of Police and one (1) from the Division of Fire Protection.
Annotation—See KRS 67A.360-67A.690 relating to police and fire retirement. See KRS 67A.320 and 67A.350 and Code of Ordinances Chapter 6 relating to former city employees retirement.