105.662. Public pension funds not to be commingled--trusteeship.
Public pension funds not to be commingled--trusteeship.
105.662. The assets of public pension funds represent thedeferred wages and future economic security of plan participantsand shall not be commingled with any other funds of the politicaljurisdiction. All funds of the plan shall be placed in atrusteeship, and adequate reporting and disclosure requirementsshall be established.
(L. 1992 S.B. 499, et al. § 4)