Chapter 4.28
POLICE RELIEF AND PENSION FUND

Sections:

4.28.010    Source of funds.

4.28.010 Source of funds.

The following moneys shall be set aside and paid into the police relief and pension fund:

A. All moneys received from the sale of all unclaimed property;

B. Additional money as needed to meet annual expenses and reserve requirements will be transferred from the general fund;

C. Any assets remaining in this fund after all required expenses have been paid will be returned to the general fund and the police officer’s pension fund shall be closed. [Ord. 1999-12-083 § 1; Code 1980 at § 1.20.290].