61.515 Retirement system established -- Fund created.
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61.515 Retirement system established -- Fund created.
There is hereby created and established: <br>(1) A retirement system for employees to be known as the "Kentucky Employees
Retirement System" by and in which name it shall, pursuant to the provisions of <br>KRS 61.510 to 61.705, transact all its business and shall have the powers and <br>privileges of a corporation; and
(2) A fund, called the "Kentucky Employees Retirement Fund," which shall consist of
all the assets of the system as set forth in KRS 61.570 to 61.585. All assets received <br>in the fund shall be deemed trust funds to be held and applied solely as provided in <br>KRS 61.510 to 61.705.
Effective: July 13, 2004 <br>History: Amended 2004 Ky. Acts ch. 36, sec. 8, effective July 13, 2004. -- Amended
1988 Ky. Acts ch. 349, sec. 8, effective July 15, 1988. -- Amended 1976 Ky. Acts <br>ch. 321, sec. 40. -- Created 1956 Ky. Acts ch. 110, sec. 2.
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