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<br><br>67A.530 Board of trustees to operate fund and direct policies -- Membership -- <br>How chosen. <br>(1) The responsibility for the proper operation of the fund and the direction of its <br>policies shall be vested in a board of trustees of twelve (12) members, consisting of <br>the mayor, the commissioner of public safety, the commissioner of finance, the <br>director of human resources, two (2) retired members of the fund, the chiefs of the <br>police and fire department, and two (2) active members of each department, who <br>shall be elected by ballot by the active members of the respective departments and <br>shall serve for alternating terms of two (2) years under rules adopted by the board. <br>One of the active members representing each department shall be elected on even-<br>numbered years; and the other active member representing the department shall be <br>elected on odd-numbered years. In the event of a vacancy of an elected member, the <br>pension board shall fill the vacancy by appointment until the next regular election. <br>(2) The retired fund members shall be selected by retired fund members by ballot to <br>serve two (2) year terms. One (1) retired fund member shall be a retired fire <br>department member, and the other shall be a retired police department member. <br>Retired fund members of a department shall submit the names of at least three (3) <br>nominees from their department to the pension board not less than three (3) months <br>before the term of office is due to expire. The retired members of both departments <br>shall have the right to vote for nominees from either department. For the term <br>beginning October 15, 2000, names of nominees from each department shall be <br>submitted to the pension board by no later than August 15, 2000. The pension board <br>shall cause to be prepared an official ballot which shall be distributed to all retired <br>fund members by mail to their last known address. The ballot shall contain the <br>name, address, and former department of each of the candidates. The candidates <br>shall be grouped together by departments for voting purposes and retired fund <br>members shall be instructed to vote for one (1) member from each department. Any <br>ballot marked with more than one (1) vote per department shall be disqualified and <br>not counted. The retiree from either department receiving the most votes shall serve <br>a two (2) year term. The retiree from the other department receiving the most votes <br>shall serve an initial term of one (1) year. Subsequently, retirees elected in alternate <br>years from each department shall serve two (2) years. In the event of vacancy of an <br>elected retired fund member of the board, the retiree receiving the next largest <br>number of votes from the department for which the vacancy exists shall fill the <br>vacancy until the next election for a representative of that retiree's department. <br>Retired fund members shall vote for one (1) candidate from each department by <br>marking a square opposite the name of the candidate of his choice and returning the <br>marked ballot to the secretary of the pension board. Votes shall be tabulated by a <br>committee of three (3) pension board members appointed by the chairman for that <br>purpose. The tabulating committee shall report in writing to the pension board the <br>results of the election and the name of the retired fund member who shall serve on <br>the board. <br>Effective: July 14, 2000 <br><br>History: Amended 2000 Ky. Acts ch. 333, sec. 1, effective July 14, 2000; and ch. 484, <br>sec. 7, effective July 14, 2000. -- Amended 1990 Ky. Acts ch. 189, sec. 5, effective <br>July 13, 1990. -- Created 1974 Ky. Acts ch. 106, sec. 18, effective July 1, 1974. <br>Legislative Research Commission Note (7/14/2000). This section was amended by <br>2000 Ky. Acts chs. 333 and 484. Where these Acts are not in conflict, they have been <br>codified together. Where a conflict exists between a change in ch. 484 that is a <br>revisory amendment to delete superseded text and a change in ch. 333 that is <br>nonrevisory and substantive in nature, ch. 333 has been allowed to prevail. Cf. KRS <br>7.136(3) <br><br>