Utah Code Ann. § 49-23-104 – Creation of trust fund. | Midpage
§ 49-23-104
Utah Code Ann. § 49-23-104
Creation of trust fund.
Enacted by Chapter 266, 2010 General Session
(1) There is created the "New Public Safety and Firefighter Tier II Contributory Retirement Trust Fund" for the purpose of paying the benefits and costs of administering the defined benefit portion of 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.