United States — Kentucky
KRS § 161.552 Definitions for section -- Employer contributions for retiree health benefits to be deposited into state accumulation fund when medical insurance fund reaches actuarial funding level of at least one hundred percent -- Restoration of funding.
1 provisions
When the medical insurance fund reaches at least 100%, specified employer contributions for retiree health benefits go to the state accumulation fund; if the fund later falls below 95% after first reaching 100%, those contributions go back to the medical insurance fund.