{"data":{"id":"us-ky/krs-78.652","jurisdiction":"us-ky","citation":"KRS 78.652","heading":"Excess benefit plan -- Purpose -- Excess benefit fund.","body":"There is created and established:\n(1) An excess benefit plan to be known as the County Employees Retirement System\nExcess Benefit Plan. The plan is created for the purpose of providing the retirement\nallowances payable from the retirement systems under KRS  78.520 to 78.852 that\nwould otherwise be limited by 26 U.S.C. sec. 415.\n(2) A state fund to be known as the County Employees Retirement System Excess\nBenefit Fund which shall consist of all the assets of the plan.\n(3) The administration and assets of the plan shall be as set forth in KRS 61.652.","path":["KRS Chapter 78"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=24754","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:39Z","sha256":"db5cd525edeb3719de0d6027e9b7e08ddf8e5b22493439346fd06d17c23522a1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-78.650","next":"us-ky/krs-78.660"},"notice":"GroundRules: Original legal text. Not legal advice."}