Issue Date: 1993-10-19
Revised Date: 2011-08-09

Legal Cites

Origin:

1993

Purpose

To receive monies from the following trust accounts in order to allow commingling of assets for investment pooling purposes: S.E.R.S. Trust Account (0955), Law Enforcement and Custodial Officer Supplement Retirement Trust Fund (0977) and Judicial Retirement System Plan Two Trust Fund (0993). Use of fund will ensure accurate proportionate ownership records, contain investments and record investment income for administrative purposes.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund until credited to the original investing fund.
Disposition of Balance Returned to the original investing fund as appropriate.
Appropriation Technique Not appropriated for state expenditure.

Note

Fund title changed from Employees Retirement System Pension Investment Pool Trust Fund at agency's request 08/10/2011.

USAS Values

USAS Title ERS INVESTMENT POOL TRUST FUND
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities