You are correct, it is a pension plan.
This is the 2023 Audit...
LETCHER COUNTY
NOTES TO FINANCIAL STATEMENT
December 31, 2022
(Continued)
Note 2. Employee Retirement System and Other Post-Employment Benefits
The sheriff’s office has elected to participate, pursuant to KRS 78.530, in the County Employees Retirement
System (CERS), which is administered by the Kentucky Public Pensions Authority (KPPA). This is a cost-
sharing, multiple-employer, defined benefit pension plan, which covers all eligible full-time employees and
provides for retirement, disability, and death benefits to plan members. Benefit contributions and provisions are
established by statute.
The sheriff’s contribution for calendar year 2020 was $100,380, calendar year 2021 was $85,122, and calendar
year 2022 was $70,744.