2016 Kentucky Revised Statutes CHAPTER 61 - GENERAL PROVISIONS AS TO OFFICES AND OFFICERS -- SOCIAL SECURITY FOR PUBLIC EMPLOYEES -- EMPLOYEES RETIREMENT SYSTEM .605 Disability retirement allowance.
Download as PDF
61.605 Disability retirement allowance.
(1)
(2)
Upon disability retirement, an employee may receive an annual retirement
allowance payable monthly during his lifetime which shall be determined in the
same manner as for retirement at his normal retirement date with years of service
and final compensation being determined as of the date of his disability except that
service credit shall be added to the person's total service beginning with his last date
of paid employment and continuing to his sixty-fifth birthday; however, the
maximum service credit added shall not exceed the total service the person had
upon his last day of paid employment, and the maximum combined service credit
for calculating his disability retirement allowance, including total service and added
service shall not exceed twenty-five (25) years. If, however, a person has
accumulated twenty-five (25) or more years of total service, he shall receive added
service necessary to bring his combined service credit, including total and added
service, to twenty-seven (27) years.
(a) For a member whose participation begins on or after August 1, 2004, but prior
to January 1, 2014, the disability retirement allowance shall be the higher of
twenty percent (20%) of the member's monthly final rate of pay or the
retirement allowance determined in the same manner as for retirement at his
normal retirement date with years of service and final compensation being
determined as of the date of his disability.
(b) For a member who begins participating on or after January 1, 2014, in the
hybrid cash balance plan as provided by KRS 61.597, the disability retirement
allowance shall be the higher of twenty percent (20%) of the member's
monthly final rate of pay or the retirement allowance determined in the same
manner as for retirement at his or her normal retirement date under KRS
61.597.
Effective: July 1, 2013
History: Amended 2013 Ky. Acts ch. 120, sec. 59, effective July 1, 2013. -- Amended
2004 Ky. Acts ch. 33, sec. 4, and ch. 36, sec. 16, effective July 13, 2004. -- Amended
2000 Ky. Acts ch. 385, sec. 20, effective July 14, 2000. -- Amended 1998 Ky. Acts
ch. 105, sec. 12, effective July 15, 1998. -- Amended 1980 Ky. Acts ch. 186, sec. 24,
effective July 15, 1980. -- Amended 1974 Ky. Acts ch. 128, sec. 21, effective March
26, 1974. -- Amended 1972 Ky. Acts ch. 116, sec. 38. -- Amended 1970 Ky. Acts ch.
101, sec. 6. -- Amended 1966 Ky. Acts ch. 35, sec. 10. -- Amended 1962 Ky. Acts
ch. 58, sec. 12. -- Amended 1960 Ky. Acts ch. 165, Part II, sec. 9. -- Created 1956
Ky. Acts ch. 110, sec. 20.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.