Kentucky Revised Statutes

Ky. Rev. Stat. § 16.510 (2026)

Retirement system established -- Fund created

✓ current as of May 2026

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There is hereby created and established:

(1) A retirement system for state police to be known as the "State Police Retirement System" by and in which name it shall, pursuant to the provisions of KRS 16.510 to 16.652, transact all of its business, and shall have the powers and privileges of a corporation; and

(2) A fund, to be known as the "State Police Retirement Fund," which shall consist of all the assets of the system as set forth in KRS 16.555. All assets received in the fund shall be deemed trust funds to be held and applied solely as provided in KRS 16.505 to KRS 16.652. Effective: July 13, 2004 History: Amended 2004 Ky. Acts ch. 36, sec. 2, effective July 13, 2004. -- Created 1958 Ky. Acts ch. 94, sec. 2, effective July 1, 1958.

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2005–2021 · leading case: City of Fort Wright, Kentucky v. Bd. of Trs. of the Kentucky Ret. Sys. (Ky. 2021).

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City of Fort Wright, Kentucky v. Bd. of Trs. of the Kentucky Ret. Sys. (Ky. 2021). “(a) The board shall be the trustee of the several funds created by KRS 16.510, 61.515, 61.701, and 78.520, notwithstanding the provisions of any other statute to the contrary, and shall have exclusive full power to invest and reinvest such funds in accordance with federal law.”

Kentucky Ret. Sys. v. Halfhill, 172 S.W.3d 384 (Ky. 2005). “See KRS 16.510 et. al., KRS 61.515 et. al, KRS 78.”

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