GroundRules
10-11-123: Funds of association.
Where this section sits in the code
- Chapter 10 - Public Officers and Employees
- ARTICLE 11 Retirement of Public Officers and Employees Generally
A. The accounting funds of the association are the "member contribution fund", "employers accumulation fund", "retirement reserve fund" and "income fund". The maintenance of separate accounting funds shall not require the actual segregation of the assets of the association among the various funds.
B. The accounting funds provided for in Subsection A of this section are trust funds and shall be used only for the purposes provided in the Public Employees Retirement Act.
Collected 2026-09-03T15:02:19Z. Source file · JSON