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Kentucky Revised Statutes Title XIII. Education § 161.440.Assignment of interest to funds

Current as of January 01, 2025 | Updated by Findlaw Staff

At the end of each fiscal year the board of trustees shall assign from the guarantee fund interest at the regular interest rate to the teachers' savings fund, the state accumulation fund, and the allowance reserve fund. The amounts so allowed shall be due and payable to the funds and shall be annually credited thereto by the board of trustees from interest and other earnings on money of the retirement system.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XIII. Education § 161.440.Assignment of interest to funds - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xiii-education/ky-rev-st-sect-161-440/

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