The city hereby adopts the terms and provisions of the CERS under KRS 78.510 through 78.852, elects the alternate participation plan under KRS 78.530(3), and declares its intention to enter into an agreement, with the Board of Trustees for the amortization of the cost of such prior service credit over a 30 year period commencing on or about August 1, 1988.
(Ord. 88-16, passed 6-27-88)