Each member shall, by virtue of the payment of contributions to the fund or pick up of employee contributions by the employer pursuant to KRS 65.155, receive a vested interest in such contributions, and in consideration of such vested interest, shall be conclusively deemed to undertake and agree to pay the same and to have the amounts deducted from his salary as herein provided, or to have such contributions picked up by the employer pursuant to KRS 65.155.
KRS 95.877
Each member deemed to authorize deductions for contributions
Applied in 2 court decisions — leading case Louisville Policemen's Retirement Fund v. Bryant (1977)
Most recently applied in Louisville Policemen's Retirement Fund v. Bryant (September 1977)
Effective: July 15, 1982 History: Amended 1982 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.