Kentucky Statutes 21.567 – Kentucky Judicial Retirement Plan excess benefit plan — Excess benefit fund
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(1) There is created and established:
(a) An excess benefit plan to be known as the Kentucky Judicial Retirement Plan excess benefit plan. The plan is created for the purpose of providing retirement allowances payable from the retirement plan under KRS § 21.345 to
21.580 that would otherwise be limited by 26 U.S.C. § 415; and
(b) A state fund to be known as the Kentucky Judicial Retirement Plan excess benefit fund which shall consist of all the assets of the plan.
(2) The administration and assets of the plan created under this section shall be as set forth in KRS § 21.565.
Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 90, sec. 2, effective July 15, 2002.
(a) An excess benefit plan to be known as the Kentucky Judicial Retirement Plan excess benefit plan. The plan is created for the purpose of providing retirement allowances payable from the retirement plan under KRS § 21.345 to
Terms Used In Kentucky Statutes 21.567
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
21.580 that would otherwise be limited by 26 U.S.C. § 415; and
(b) A state fund to be known as the Kentucky Judicial Retirement Plan excess benefit fund which shall consist of all the assets of the plan.
(2) The administration and assets of the plan created under this section shall be as set forth in KRS § 21.565.
Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 90, sec. 2, effective July 15, 2002.