There is hereby established a general division to cover the participation of the general members in the retirement system, and a police division to cover the participation of the police officer members. Separate accounting controls shall be maintained in the accumulated contributions accounts, for the general division and for the police division. The maintaining of separate accounting controls for the general division and the police division shall not cause the assets of the retirement system to be segregated in the divisions.
(1957 Rev. Ords., § 2.534; 1992 Code, § 35-46; Ord. 118-16, passed 12-20-2016)