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Code · Kentucky · Chapter 6 — The general assembly

6.530 Legislators' retirement fund -- Established.

88 words·~1 min read·/ky/chapter-6/6-530

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There is hereby established, within the Legislators' Retirement Plan, a state fund to be known as the Legislators' Retirement Fund, which shall consist of the plan members' contributions, state appropriations to the fund, transfers of money as provided in KRS 6.535 and Section 25 of Acts 1980, Chapter 407, and earnings from investment of the fund. The fund may have a subordinate administrative account. The benefits provided to be paid by reason of membership in the Legislators' Retirement Plan shall not be chargeable to any other retirement fund.
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