All assets of every description belonging to the city’s employee’s retirement system established by the aforesaid Art. 14, as amended, shall be transferred to and become the assets of the city’s employees’ retirement system established by this subchapter. When transferred, the Retirement Commission shall credit the said assets to the various funds and accounts, provided for in this chapter, according to the purpose for which said assets were held and credited in the retirement system established under the aforesaid Art. 14, as amended.
(Prior Code, § 2-203) (Ord. 368, passed 9-25-1967)