Sec. 51-49e. Judge's Retirement Fund.
148 words·~1 min read·
/ct/title-51/chapter-872-judges/51-49e·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Judge's Retirement Fund is hereby established in the State Treasury. All moneys received by the system pursuant to section 51-49d and section 51-50b shall be deposited in the fund, and all retirement benefits and other obligations and payments payable by the system shall be payable from the fund. The State Treasurer shall be the custodian of the fund, and may invest and reinvest as much of the fund as is not required for current disbursements in accordance with the laws covering the investment of savings bank funds, and when deemed prudent, in accordance with the laws governing the investment of trust funds.
All of the provisions of the general statutes applicable to the administration, investment and custody of the State Employees Retirement Fund shall apply to the Judge's Retirement Fund, to the same extent and with the same effect as if such fund were expressly mentioned therein.