PART IV.
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/hi/chapter-392/part-ivA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
PART IV. TRUST FUND FOR DISABILITY BENEFITS
Note
Part heading amended by L 2013, c 100, §8.
§392-61 Establishment of trust fund for disability benefits. There is established in the treasury of the State, separate and apart from all public moneys or funds of the State, a trust fund for disability benefits which shall be administered by the director exclusively for the purposes of this chapter; and for the establishment and maintenance of a family leave data collection system under section 398-9.5. All contributions pursuant to this part shall be paid into the fund and all benefits payable under this part shall be paid from the fund. The fund shall consist of[:]
(1)All contributions collected pursuant to this part, together with any interest thereon;
(2)All fines and penalties for the fund pursuant to this chapter;
(3)All moneys collected by way of subrogation;
(4)Interest earned on any moneys in the fund;
(5)Any property or securities acquired through the use of moneys belonging to the fund;
(6)All earnings of such property and securities; and
(7)All other moneys received for the fund from any source. [L 1969, c 148, pt of §1; am L Sp 2009, c 7, §3; am L 2013, c 100, §6]
Revision Note
In the last sentence,
(1)to
(7)reformatted as paragraphs
(1)to
(7)pursuant to §23G-15.