All of the assets of the system shall be held and invested in the Kentucky employees retirement fund and credited, according to the purpose for which they are held, to one (1) of three (3) accounts, namely, the members' account, the retirement allowance account, and accounts established pursuant to 26 U.S.C. sec. 401(h) within the funds established in KRS 16.510, 61.515, and 78.520, as prescribed by KRS 61.702(2)(b).
KRS 61.570
Fund assets
Applied in 1 court decision — leading case Board of Trustees v. Attorney General of the Commonwealth (2003)
Most recently applied in Board of Trustees v. Attorney General of the Commonwealth (October 2003)
Effective: July 1, 2013 History: Amended 2013 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.