It is the intention of KRS § 67A.360 to KRS § 67A.690 that the payment of the required contributions by the government shall include all allowances, annuities, benefits, and administration expenses and shall be the obligation of the government.
Effective: July 1, 1974

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Terms Used In Kentucky Statutes 67A.640

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

History: Created 1974 Ky. Acts ch. 106, sec. 29, effective July 1, 1974.