For the purposes of KRS § 21.350 to KRS § 21.510, there is appropriated to the judicial retirement fund all sums received from contributions of members of the retirement system created by KRS § 21.350 to KRS § 21.510. There further is appropriated, out of the general expenditure fund in the State Treasury, the sum of $53,600 for the fiscal year 1960-61 and the sum of
$73,600 for the fiscal year 1961-62. The amount of accumulated state employer contributions to the Kentucky Employees Retirement System, on account of judges and commissioners of the Court of Appeals having been members of that system, also is hereby transferred to the judicial retirement fund. All sums appropriated or transferred to the judicial retirement fund shall be deemed to constitute a continuing fund which shall not lapse at the end of any fiscal year.

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Terms Used In Kentucky Statutes 21.510

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Year: means calendar year. See Kentucky Statutes 446.010

Effective: July 13, 1984.
History: Amended 1984 Ky. Acts ch. 111, sec. 29, effective July 13, 1984. — Created
1960 Ky. Acts ch. 84, Art. III, sec. 18.