78.630 Fund assets.
All of the assets of the system shall be held and invested in the county employees' retirement fund and credited, according to the purpose for which they are held, to one (1) of three (3) accounts, namely, the members' contribution 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).
Effective: June 25, 2009 History: Amended 2009 Ky. Acts ch. 77, sec. 26, effective June 25, 2009. -- Amended
1964 Ky. Acts ch. 49, sec. 7. -- Created 1958 Ky. Acts ch. 167, sec. 13.
78.630 Fund assets.
All of the assets of the system shall be held and invested in the county employees' retirement fund and credited, according to the purpose for which they are held, to one (1) of three (3) accounts, namely, the members' contribution 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).
Effective: June 25, 2009 History: Amended 2009 Ky. Acts ch. 77, sec. 26, effective June 25, 2009. -- Amended
1964 Ky. Acts ch. 49, sec. 7. -- Created 1958 Ky. Acts ch. 167, sec. 13.
78.630 Fund assets.
All of the assets of the system shall be held and invested in the county employees' retirement fund and credited, according to the purpose for which they are held, to one (1) of three (3) accounts, namely, the members' contribution 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).
Effective: June 25, 2009 History: Amended 2009 Ky. Acts ch. 77, sec. 26, effective June 25, 2009. -- Amended
1964 Ky. Acts ch. 49, sec. 7. -- Created 1958 Ky. Acts ch. 167, sec. 13.