<br><br> <br>Page 1 of 1 <br>78.652 Excess benefit plan -- Purpose -- Excess benefit fund. <br>There is created and established: <br>(1) An excess benefit plan to be known as the County Employees Retirement System <br>Excess Benefit Plan. The plan is created for the purpose of providing the retirement <br>allowances payable from the retirement systems under KRS 78.520 to 78.852 that <br>would otherwise be limited by 26 U.S.C. sec. 415. <br>(2) A state fund to be known as the County Employees Retirement System Excess <br>Benefit Fund which shall consist of all the assets of the plan. <br>(3) The administration and assets of the plan shall be as set forth in KRS 61.652. <br>Effective: July 14, 2000 <br>History: Created 2000 Ky. Acts ch. 385, sec. 39, effective July 14, 2000. <br><br>