Except for court or administratively ordered current child support, owed child support, or to-be-owed child support, the right to a retirement annuity, disability annuity, survivor’s annuity or benefit, death benefit, or any other benefit under the provision hereof, by whatever name called, or refund, is personal with the recipient thereof, and the assignment or transfer of such benefit or any part thereof shall be void, except as herein provided. Any such annuity, benefit, or refund shall not answer for debts contracted by the person receiving the same, and it is the intention of this section that they shall not be attached or affected by any judicial proceeding.
Effective: July 15, 1998
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Terms Used In Kentucky Statutes 95.878

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.

History: Amended 1998 Ky. Acts ch. 255, sec. 37, effective July 15, 1998. — Created
1956 Ky. Acts ch. 16, sec. 28, effective July 1, 1956.

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