Ky. Rev. Stat. § 161.545

Current through 2024 Ky. Acts ch.225
Section 161.545 - Contributions and service credit for substitute service, part-time service, or leave of absence - Contributions not to be picked up - Purchases of service credit for leaves of absence for health, child-rearing, and educational improvement reasons
(1)
(a) Members may make contributions and receive service credit for substitute, part-time, or any service other than regular full-time teaching as provided in the administrative regulations of the board of trustees if contributions were not otherwise made as a result of the service.
(b) Members placed on leave of absence during a period of full-time employment as defined in KRS 161.220(21) may make contributions and receive service credit for this leave only if contributions are made by the end of the fiscal year next succeeding the year in which the leave was effective as provided in administrative regulations promulgated by the board of trustees. Contributions permitted after August 1, 1982, shall not be picked-up pursuant to KRS 161.540(2).
(2) Active contributing members of the Teachers' Retirement System, or former members who are currently participating in a state-administered retirement system, who were granted leaves of absence during a period of full-time employment as defined in KRS 161.220(21) since July 1, 1964, for reasons of health as defined under the Federal Family Medical Leave Act of 1993, 29 U.S.C. secs. 2601 et seq., child rearing, or to improve their educational qualifications, and did not purchase the leave of absence as provided in subsection (1) of this section may obtain credit for the leave of absence as provided under the administrative regulations of the board of trustees and under the following conditions:
(a) The leave of absence shall be verified by a copy of the board of education minutes which granted the leave of absence or by other documentation that was generated contemporaneously with the leave that is determined by the retirement system to reasonably establish that a leave of absence was granted;
(b) The member shall contribute the required percentage based on the salary received for the year immediately preceding the leave of absence plus interest at the rate of eight percent (8%) compounded annually from the beginning of the school year following the year of the leave of absence, and by depositing the appropriate contributions in the state accumulation fund and medical insurance fund; and
(c) The member shall receive credit for no more than two (2) years under the provisions of this subsection.
(3) Sabbatical leaves of absence granted by any one (1) of the five (5) universities identified in KRS 161.220(4)(b) for which the university employee is provided full pay at the rate he or she was provided as a full-time employee immediately preceding the sabbatical leave shall be deemed as full-time employment provided for the university, and employee and employer contributions shall be made in accordance with KRS 161.540 and 161.550.
(4) Contributions permitted under this section after August 1, 1982, shall not be picked-up pursuant to KRS 161.540(2).
(5) Notwithstanding any other provisions of this section to the contrary, purchase of service credit under subsection (2) of this section for individuals who become members on or after July 1, 2008, shall be purchasable only at the full actuarial cost.

KRS 161.545

Effective: January 1, 2022

Amended 2021 Ky. Acts ch. 157, sec. 22, effective January 1, 2022; and ch. 192, sec. 12, effective June 29, 2021. -- Amended 2018 Ky. Acts ch. 107, sec. 58, effective July 14, 2018. -- Amended 2008 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 35, effective June 27, 2008. -- Amended 2008 Ky. Acts ch. 78, sec. 10, effective July 1, 2008. -- Amended 2004 Ky. Acts ch. 121, sec. 11, effective July 1, 2004. -- Amended 2002 Ky. Acts ch. 275, sec. 17, effective July 1, 2002. -- Amended 1998 Ky. Acts ch. 515, sec. 7, effective July 1, 1998. -- Amended 1996 Ky. Acts. ch. 259, sec. 1, effective July 15, 1996; and ch. 359, sec. 9, effective July 1, 1996. -- Amended 1994 Ky. Acts ch. 369, sec. 13, effective July 1, 1994. - Amended 1992 Ky. Acts ch. 192, sec. 8, effective July 1, 1992. -- Amended 1990 Ky. Acts ch. 442, sec. 10, effective July 1, 1990; and ch. 476, Pt. V, sec. 515, effective July 13, 1990. -- Amended 1988 Ky. Acts ch. 363, sec. 11, effective July 1, 1988; and ch. 373, sec. 3, effective July 15, 1988. -- Amended 1986 ch. 440, sec. 9, effective July 1, 1986. -- Amended 1984 Ky. Acts ch. 253, sec. 16, effective July 1, 1984; and ch. 302, sec. 5, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 166, sec. 12, effective July 15, 1982. -- Amended 1980 Ky. Acts ch. 206, sec. 6, effective July 1, 1980. -- Amended 1978 Ky. Acts ch. 152, sec. 9, effective March 28, 1978. -- Amended 1974 Ky. Acts ch. 395, sec. 12, effective July 1, 1974. -- Amended 1968 Ky. Acts ch. 136, sec. 8. -- Created 1960 Ky. Acts ch. 44, sec. 14.

Amended by 2021 Ky. Acts ch. 157,§ 22, eff. 1/1/2022.
Amended by 2018 Ky. Acts ch. 107,§ 58, eff. 7/14/2018.
Effective:6/27/2008
Amended 2008, (1st Extra. Sess.) Ky. Acts ch. 1, sec. 35, effective6/27/2008. -- Amended 2008, Ky. Acts ch. 78, sec. 10, effective 7/1/2008. -- Amended 2004, Ky. Acts ch. 121, sec. 11, effective 7/1/2004. -- Amended 2002, Ky. Acts ch. 275, sec. 17, effective 7/1/2002. -- Amended 1998, Ky. Acts ch. 515, sec. 7, effective 7/1/1998. -- Amended 1996 Ky. Acts. ch. 259, sec. 1, effective 7/15/1996; and ch. 359, sec. 9, effective 7/1/1996. -- Amended 1994 Ky. Acts ch. 369, sec. 13, effective 7/1/1994. - Amended 1992 Ky. Acts ch. 192, sec. 8, effective 7/1/1992. -- Amended 1990 Ky. Acts ch. 442, sec. 10, effective 7/1/1990; and ch. 476, Pt. V, sec. 515, effective 7/13/1990. -- Amended 1988 Ky. Acts ch. 363, sec. 11, effective 7/1/1988; and ch. 373, sec. 3, effective 7/15/1988. --Amended 1986 ch. 440, sec. 9, effective 7/1/1986. -- Amended 1984 Ky. Acts ch. 253, sec. 16, effective 7/1/1984; and ch. 302, sec. 5, effective 7/13/1984. --Amended 1982 Ky. Acts ch. 166, sec. 12, effective 7/15/1982. -- Amended 1980 Ky. Acts ch. 206, sec. 6, effective 7/1/1980. -- Amended 1978 Ky. Acts ch. 152, sec. 9, effective 3/28/1978. -- Amended 1974 Ky. Acts ch. 395, sec. 12, effective 7/1/1974. -- Amended 1968 Ky. Acts ch. 136, sec. 8. -- Created 1960 Ky. Acts ch. 44, sec. 14.

Legislative Research Commission Note (1/1/2022). This statute was amended by 2021 Ky. Acts chs. 157 and 192, which do not appear to be in conflict and have been codified together.

Legislative Research Commission Note (12/13/2018). On December 13, 2018, the Kentucky Supreme Court ruled that the passage of 2018 SB 151 (2018 Ky. Acts ch. 107), did not comply with the three-readings rule of Kentucky Constitution Section 46 and that the legislation is, therefore, constitutionally invalid and declared void. That ruling applies to changes made to this statute in that Act.