.543 Determination of service credit -- Picked-up employee contributions.
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16.543 Determination of service credit -- Picked-up employee contributions.
(1)
Employee contributions shall be deducted from the creditable compensation of each
member of the retirement system in the active employment of the Department of
State Police of the Justice Cabinet as an officer as defined in KRS 16.520. After
August 1, 1982, employee contributions shall be picked up by the employer
pursuant to KRS 16.545(4). Service credit shall be allowed for each month such
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.
(2)
Contributions shall not be made and no service will be earned while on authorized
leave except:
(a) A member shall be entitled to service credit in accordance with KRS 61.555;
and
(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 member contributions or such contributions shall
be picked up in accordance with KRS 16.545 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.
(3)
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 16.560.
Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 154, sec. 9, effective July 15, 1998. -- Amended
1992 Ky. Acts ch. 240, sec. 3, effective July 14, 1992. -- Amended 1986 Ky. Acts
ch. 90, sec. 29, effective July 15, 1986. -- Amended 1982 Ky. Acts ch. 166, secs. 9
and 26, effective July 15, 1982. -- Amended 1978 Ky. Acts ch. 311, sec. 3, effective
June 17, 1978. -- Amended 1976 Ky. Acts ch. 321, sec. 4. -- Amended 1974 Ky. Acts
ch. 74, Art. V, sec. 24(1). -- Created 1972 Ky. Acts ch. 116, sec. 5.