2015 Kentucky Revised Statutes CHAPTER 61 - GENERAL PROVISIONS AS TO OFFICES AND OFFICERS -- SOCIAL SECURITY FOR PUBLIC EMPLOYEES -- EMPLOYEES RETIREMENT SYSTEM 61.543 Deduction or pick-up of employee contributions -- Service credit -- Educational leave.
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61.543
Deduction or pick-up of employee contributions -- Service credit -Educational leave.
(1)
(2)
(3)
(a)
Employee contributions shall be deducted each payroll period from the
creditable compensation of each employee of an agency participating in the
retirement system while he is classified as regular full-time as defined in KRS
61.510 unless the employee:
1.
Did not elect to become a member as provided by subsection (2) of KRS
61.525;
2.
Did not elect membership pursuant to KRS 61.545(3); or
3.
Is not eligible to participate in the system as provided by KRS 61.522.
(b) After August 1, 1982, employee contributions shall be picked up by the
employer pursuant to KRS 61.560(4). Service credit will be allowed for each
month the contributions are deducted or picked up during a fiscal or calendar
year, if the member receives creditable compensation for an average of one
hundred (100) hours or more of work per month. If the average number of
hours of work is less than one hundred (100) per month, the member shall be
allowed credit only for those months he receives creditable compensation for
one hundred (100) hours of work.
Employee contributions shall not be deducted from the creditable compensation of
an employee or picked up by the employer while he is seasonal, emergency,
temporary, or part-time. No service credit will be earned.
Contributions shall not be made or picked up by the employer and no service credit
will be earned by a member while on leave except:
(a) A member on military leave shall be entitled to service credit in accordance
with KRS 61.555;
(b) A member on educational leave, approved by the Personnel Cabinet, who is
receiving seventy-five percent (75%) or more of full salary, shall receive
service credit and shall pay employee contributions, or the contributions shall
be picked up in accordance with KRS 61.560 and his employer shall pay
employer contributions in accordance with KRS 61.565. If a tuition agreement
is broken by the member, the member and employer contributions paid or
picked up during the period of educational leave shall be refunded; and
(c) An employee on educational leave, approved by the appointing authority, not
to exceed one (1) year, or with additional approval of one (1) additional year,
and not to exceed two (2) years within a five (5) year period, who is receiving
a salary of less than seventy-five percent (75%) of full salary, may elect to
retain membership in the system during the period of leave. If the employee
elects to retain membership in the system, he shall receive service credit by
having employee contributions picked up in accordance with KRS 61.560. His
employer shall pay employer contributions in accordance with KRS 61.565. If
a tuition agreement is broken by the member, the employee and employer
contributions paid or picked up during the period of educational leave shall be
refunded to the contributor and no service credit shall be earned for the period
(4)
(5)
of leave.
The retirement office, upon detection, shall refund any erroneous employer and
employee contributions made to the retirement system and any interest credited in
accordance with KRS 61.575.
Notwithstanding the provisions of this section and KRS 61.560, employees engaged
pursuant to KRS 148.026 and 56.491 in a regular full-time position as defined in
KRS 61.510(21) prior to January 1, 1993, shall be allowed service credit for each
month the employee received creditable compensation for an average of one
hundred (100) or more hours of work, if the employee pays to the retirement system
the contributions that would have been deducted for the period of employment. The
contributions shall be credited to the member's account and shall not be picked up
pursuant to KRS 61.560(4). The employer contributions for the period, plus interest
calculated at the actuarial rate, shall be due within thirty (30) days of notice of
receipt of payment from the employee.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 28, sec. 5, effective June 24, 2015. -- Amended
2013 Ky. Acts ch. 120, sec. 47, effective July 1, 2013. -- Amended 1998 Ky. Acts ch.
154, sec. 66, effective July 15, 1998. -- Amended 1994 Ky. Acts ch. 485, sec. 10,
effective July 15, 1994. – Amended 1992 Ky. Acts ch. 240, sec. 18, effective July
14, 1992. -- Amended 1990 Ky. Acts ch. 222, sec. 3, effective July 13, 1990. -Amended 1986 Ky. Acts ch. 490, sec. 1, effective July 15, 1986. -- Amended 1982
Ky. Acts ch. 166, secs. 7 and 17, effective July 15, 1982. -- Amended 1978 Ky. Acts
ch. 311, sec. 12, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 321, sec. 15.
-- Created 1972 Ky. Acts ch. 116, sec. 29.
Legislative Research Commission Note. Although this section was included in Acts
1978, Chapter 311, § 12 as having been amended, there appeared to have been no
change in the section.
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