Section 103 – Creation of system.

49-12-103. Creation of system. There is created for members employed by a participating employer the “Public Employees’ Contributory Retirement System.” Renumbered and Amended by Chapter 250, 2002 General Session

Section 104 – Creation of trust fund.

49-12-104. Creation of trust fund. (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 […]