KRS 61.570: Fund assets.

All of the assets of the system shall be held and invested in the Kentucky employees

retirement fund and credited, according to the purpose for which they are held, to one (1)

of three (3) accounts, namely, the members' account, the retirement allowance ac count,

and accounts established pursuant to 26 U.S.C. sec. 401(h) within the funds established in

KRS 16.510, 61.515, and 78.520, as prescribed by KRS 61.702(2)(b).