{"data":{"id":"us-ky/krs-95.900","jurisdiction":"us-ky","citation":"KRS 95.900","heading":"Allocation of units of participation.","body":"The purposes of the fund shall be to enable each participant to enhance its investment\npower through aggregation of its resources with the resources of other participants, and to\navail itself of options for centralized administrative and accounting service s relating to\npension system management.  Participants shall be allocated units of participation in the\nfund representing the value of assets which they invest in the fund.  Earnings of the fund\nshall be allocated to participants uniformly on the basis of degree of ownership of units of\nparticipation.  There shall be no sharing of the pension liabilities of the various\nparticipants within the framework of the fund.","path":["KRS Chapter 95"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26113","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:56Z","sha256":"1dd7027bce14bab2ad4d844ee930114da980153f93f21882891dd08f65d386d9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-95.895","next":"us-ky/krs-95.905"},"notice":"GroundRules: Original legal text. Not legal advice."}