Kentucky Revised Statutes

Ky. Rev. Stat. § 342.1229 (2026)

Benefit reserve fund

✓ current as of May 2026

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The benefit reserve fund is hereby established within the funding commission, and shall be administered by the funding commission. All funds in excess of current liabilities of the special fund and budgeted expenditures shall be deposited in the benefit reserve fund and invested in compliance with the investment policies formulated by the funding commission. Effective: October 16, 1987. History: Created 1987 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 69, effective October 26, 1987.

Notes of Decisions

Cited in 1 case, 2010–2010 · leading case: Beshear v. Haydon Bridge Co., Inc., 304 S.W.3d 682 (Ky. 2010).

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Beshear v. Haydon Bridge Co., Inc., 304 S.W.3d 682 (Ky. 2010). “1223(2)(b), and that, “[a]ll funds in excess of current liabilities of the special fund and budgeted expenditures shall be deposited in the [BRF] and invested in compliance with the investment policies formulated by the [KWCFC],” KRS 342.1229, we are convinced that the term…”

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