The purpose of this Fund is to provide retirement annuities and disability benefits for the members of the Police Department and spouse annuities and other benefit to the dependents of such members to the end that the members may accumulate reserves for themselves and their dependents to meet, without prejudice or hardship, the hazards of old age, disability, death, and termination of service, thereby encouraging qualified personnel to enter and remain in the service of the Police Department.
(1999 Lou. Code, § 36.101) (Lou. Ord. No. 91-1973, approved 6-29-1973; Lou. Metro Am. Ord. No. 64-2004, approved 6-3-2004)