Utah § 49-12-104 Creation of trust fund.

Utah Statutes

§ 49-12-104 — Creation of trust fund.

Utah § 49-12-104

Title 49Utah State Retirement and Insurance Benefit Act

Ch. 49-12Public Employees' Contributory Retirement Act

Part 49-12-1General Provisions

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Bluebook

Utah Code Ann. § 49-12-104 (2026).

Text

(1)There is created the "Public Employees' Contributory Retirement Trust Fund" for the purpose of paying the benefits and costs of administering this system.

(2)The fund shall consist of all money paid into it, including interest, in accordance with this chapter, whether in the form of cash, securities, or other assets, and of all money received from any other source.

(3)Custody, management, and investment of the fund shall be governed by Chapter 11, Utah State Retirement Systems Administration.

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(1) There is created the "Public Employees' Contributory Retirement Trust Fund" for the purpose of paying the benefits and costs of administering this system.
(2) The fund shall consist of all money paid into it, including interest, in accordance with this chapter, whether in the form of cash, securities, or other assets, and of all money received from any other source.
(3) Custody, management, and investment of the fund shall be governed by Chapter 11, Utah State Retirement Systems Administration.