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21.347 Judicial Retirement Plan -- Judicial retirement fund -- Established.
The Judicial Retirement System established by KRS 21.345 to 21.510 shall hereafter be
designated and known as the Judicial Retirement Plan. There is established within that
plan a state fund to be known as the judicial retirement fund, which shall consist of all
money and securities of the Judicial Retirement System immediately prior to July 1,
1980; all allotments to be received of moneys theretofore appropriated to or for the
Judicial Retirement System or Judicial Retirement Board and not yet allotted; all state
appropriations to the judicial retirement fund or the Judicial Retirement Plan; all earnings
from investment of the fund (including insurance benefits); and all contributions from
members of the plan. The fund may have a subordinate administrative account. The
benefits provided to be paid by reason of membership in the Judicial Retirement Plan
shall not be chargeable to any other retirement fund.
Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 111, sec. 24, effective July 13, 1984. -- Created
1980 Ky. Acts ch. 407, sec. 18, effective July 1, 1980.