19-2-502. Statutory appropriation of payments from pension trust funds. Assets of the pension trust funds are statutorily appropriated, as provided in 17-7-502, to the division for payment of benefits and refunds to eligible recipients and for paying the necessary administrative and investment expenses of the retirement systems, subject to the specific provisions of chapters 3, 5 through 9, and 13 of this title.

     History: En. Sec. 12, Ch. 265, L. 1993.