PART IV.  TRUST FUND FOR DISABILITY BENEFITS

Note

  Part heading amended by L 2013, c 100, §8.

     §392-61  Establishment of trust fund for disability benefits.  There is established in the treasury of the State, separate and apart from all public moneys or funds of the State, a trust fund for disability benefits which shall be administered by the director exclusively for the purposes of this chapter; and for the establishment and maintenance of a family leave data collection system under section 398-9.5.  All contributions pursuant to this part shall be paid into the fund and all benefits payable under this part shall be paid from the fund.  The fund shall consist of[:]

     (1)  All contributions collected pursuant to this part, together with any interest thereon;

     (2)  All fines and penalties for the fund pursuant to this chapter;

     (3)  All moneys collected by way of subrogation;

     (4)  Interest earned on any moneys in the fund;

     (5)  Any property or securities acquired through the use of moneys belonging to the fund;

     (6)  All earnings of such property and securities; and

     (7)  All other moneys received for the fund from any source. [L 1969, c 148, pt of §1; am L Sp 2009, c 7, §3; am L 2013, c 100, §6]

Revision Note

  In the last sentence, (1) to (7) reformatted as paragraphs (1) to (7) pursuant to §23G-15.