2006 Kentucky Revised Statutes - .714   Inviolable contract -- Exception.

161.714 Inviolable contract -- Exception. It is hereby declared that in consideration of the contributions by members and in further consideration of benefits received by the state from the member's employment, KRS 161.220 to 161.710 shall constitute, except as provided in KRS 6.696, an inviolable contract of the Commonwealth, and the benefits provided herein shall, except as provided in KRS 6.696, not be subject to reduction or impairment by alteration, amendment, or repeal. Effective: September 16, 1993 History: Amended 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 82, effective September 16, 1993. -- Amended 1992 Ky. Acts ch. 192, sec. 17, effective July 1, 1992. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 545, effective July 13, 1990. -- Created 1978 Ky. Acts ch. 152, sec. 20, effective March 28, 1978. 2002-2004 Budget Reference. See State/Executive Branch Budget, 2003 Ky. Acts ch. 156, pt. IX, item 18(b), at 1868; and State/Executive Branch Budget Memorandum, 2003 Ky. Acts ch. 143, at 793 (Final Budget Memorandum, at 388).