{"data":{"id":"us-ky/krs-95.610","jurisdiction":"us-ky","citation":"KRS 95.610","heading":"Payments to pension fund established under KRS 95.520 -- Disbursements -","body":"- Insufficient funds.\n(1) The officers of cities with pension funds established under KRS 95.520 that are\ndesignated by law to draw warrants on the city treasurer or chief financ ial officer\nshall, on request in writing by the board of trustees of the pension fund, draw\nwarrants on the city treasurer or chief financial officer payable to the treasurer of the\nboard of trustees of the pension fund for all funds belonging to the pension fund.\n(2) Moneys ordered paid from the pension fund to any person shall be paid by the\ntreasurer of the board of trustees only upon warrant signed by the president of the\nboard and countersigned by the secretary. No warrant shall be drawn except by\norder of the board of trustees duly entered on the records of the proceedings of the\nboard.\n(3) If at any time there is not sufficient money in the pension fund to pay each\nbeneficiary the full amount per month to which he is entitled, an equal percentage of\nthe monthly payments due shall be paid to each until the fund is so replenished as to\nwarrant payment in full to all beneficiaries.","path":["KRS Chapter 95"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=44983","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:55Z","sha256":"4eefb40d3cdeb057a796077276190b6e1f8e4c8e612e471d15092a0135456fff","source_id":"us-ky","stale":false,"prev":"us-ky/krs-95.600","next":"us-ky/krs-95.620"},"notice":"GroundRules: Original legal text. Not legal advice."}
